Artificial Turf Market size was valued at USD 3.6 Bn. in 2022 and the total Artificial Turf revenue is expected to grow at a CAGR of 9.8% from 2023 to 2029, reaching nearly USD 6.93 Bn.
Artificial Turf Market Overview
The Artificial Turf Market Report covers all the major aspects including pricing analysis, strategies, micro and macro market trends and scenarios, and short-term market circumstances, as well as an in-depth look at the main rivals. The regional insights in the report help to get the knowledge of the Artificial Turf market potential in each country.
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Artificial Turf Market Report Scope and Research Methodology
The qualitative and quantitative data provided in the report helps to understand the Artificial Turf market segments, regions that are expected to grow at a faster pace, factors affecting the market, and key opportunities. The report also provides a competitive landscape of the global Artificial Turf market, allowing you to understand the competition at both domestic and global levels. The Artificial Turf market players included in the report are reviewed based on key factors such as company size, market share, market growth, revenue, production, and profitability. Porter’s and PESTLE analyses were used to identify the macroeconomic and microeconomic factors that influence Artificial Turf market growth.
The Artificial Turf market report provides in-depth insights into the latest trends, dynamics, regional perspectives, and competitive scenarios, as well as a list of key players. The Artificial Turf market research identifies the most important trends that are expected to impact the industry during the forecast period. This information is used to determine the competitive landscape of key players and factors affecting the Artificial Turf market.
Artificial Turf Market Dynamics:
The growing construction industry is driving the demand for artificial turf, which is used in artificial turfs for sports fields, stadiums, commercial gardens, and selected residential houses. For instance, Qatar is constructing eight stadiums for FIFA 2022, which will require a high amount of artificial turf. Moreover, water-scarce regions are also adopting artificial turf, as they cannot grow natural grass easily. So, rising concern for water scarcity, globally, is also driving the growth of the artificial turf market. Another major factor responsible for the market growth is the fast-paced replacement of grass-surfaced sports arenas with artificial turf, due to its superior quality, easy replacement, and eco-friendly nature.
Artificial Turf Market Regional Insights
Geographically, the report is segmented into several countries, including North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
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Artificial Turf Market Segmentation
by Material Type
1. Polyethylene
2. Nylon
3. Polypropylene
4. Others
by Installation Type
1. Flooring
2. Wall Cladding
by Infill Material
1. Rubber-based
2. Plant-based
3. Sand-based
by Application
1. Sports
2. Leisure
3. Landscaping
4. Others
Artificial Turf Market Key Players
1. Sport Group Holding GmbH (Germany)
2. Global Syn-Turf (US)
3. ForeverLawn (US)
4. Dow dupont (US)
5. Shaw Industries (US)
6. Act Global (US)
7. Controlled Products (US)
8. Tigerturf (US)
9. Matrix Turf (US)
10. El Espartano (US)
11. Integriturf (US)
12. Challenger Industries Inc. (US)
13. Tarkett Group (France)
14. Tencate Grass (Netherlands)
15. SiS Pitches (UK)
16. Terraplas.com (UK)
17. Victoria PLC (Uk)
18. CoCreation Grass Co (China)
19. Creative Recreation Solutions (CRS) (Australia)
20. Nurteks Hali (Turkey)
21. Limonta (Italy)
Key questions answered in the Artificial Turf Market are:
- What is the expected Artificial Turf market size by the end of the forecast period?
- What are the global trends in the Artificial Turf Market?
- What are the upcoming industry applications and trends for the Artificial Turf Market?
- What are the factors contributing to the final price of Artificial Turf ?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Artificial Turf Market?
- How is the intervention from regulatory authority is shaping the Artificial Turf Market?
- What growth strategies are the players considering to increase their presence in Artificial Turf Market?
- Who are the leading companies and what are their portfolios in Artificial Turf Market?
- What are the major challenges that the Artificial Turf Market could face in the future?
- Who held the largest market share in Artificial Turf Market?
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Key Offerings:
- A detailed Market Overview
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments and sub-segments
- Regional Insights
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- Industry Recommendations
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