Global Artificial Turf Market Key Vendors Demand, Future Trends and Industry Growth Research Report 2029

[akash Arjun pingale]

Global Artificial Turf Market: size was valued at USD 3.28 Bn. in 2021 and the total Artificial Turf revenue is expected to grow at a CAGR of 9.8% from 2022 to 2029, reaching nearly USD 6.93 Bn.

Global Artificial Turf Market Overview: 

This Global Artificial Turf Market study's purpose is to give an overview of the Global Artificial Turf market as well as extensive market segmentation based on connection type, end-use, and geography. The report includes vital information on the market positions of the major Global Artificial Turf companies, as well as notable industry trends and prospects.

Market Scope:

The research also focuses on the top industry players in the Global Artificial Turf market, including details such as company biographies, product pictures and specifications, capacity, production, price, cost, revenue, and contact information.

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Global Artificial Turf Market Dynamic:

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.

The use of synthetic grass has been widened in the areas like residential and commercial landscaping rather than athletic fields. Artificial turf has been widely used at airports. Some of the Astroturf/artificial grass can be integrated with optical fibers for runway lighting in the artificial landing surfaces for aircraft. Both the rubber granules and the synthetic fibers of artificial turf are subject to wear and can be washed into the environment.

Global Artificial Turf Market Segmentation: 

Based on the Application, the Sports segment held the largest share of about 48% and dominated the Artificial Turf market in 2021. The segment is further expected to maintain its dominance in terms of value and volume at the end of the forecast period. In recent years, the use of artificial grass to replace natural grass is becoming increasingly predominant in the sports segment. Different sports pitches rapidly use one of the many different types of artificial grass because of the superior qualities it has over natural grass. It for instance does not require any sunlight or mowing and it can be used more often. Rapidly growing adoption of artificial grass across various playing surfaces including football, golf, rugby, hockey, multi-purpose school sports field, and in several other sports areas is increasing the demand for Artificial turf. And, these factors rising the demand for Artificial Turf and drive the segment growth throughout the forecast period.

The replacement of natural grass with artificial turf in sports stadiums is expected to propel the growth of the artificial turf market. Artificial turf offers social and health benefits in terms of the capacity to sustain heavy use and accessibility of sports stadiums Stadium authorities are increasingly adopting plans to replace natural grass surfaces with synthetic turf to provide high-quality sports ground surfaces

Global Artificial Turf Market Key Players: 

• Sports Group
• Tarkett Group
• Tencate Grass
• SiS Pitches
• CC Grass
• Act Global
• Challenger Industries Inc.
• Creative Recreation Solutions (CRS)
• Global Syn-Turf
• ForeverLawn
• Dow dupont
• Tarkett
• Shaw Industries
• Victoria PLC
• Controlled Products
• ACT Global
• Sport Group
• Tigerturf
• SIS Pitches
• Matrix Turf
• Nurteks Hali
• Soccer Grass
• Limonta
• Sportlink
• El Espartano
• CCGrass
• TenCate Grass

Regional Analysis:

The study also offers a complete PESTLE analysis for each of the five regions, namely North America, Europe, Asia Pacific, the Middle East and Africa, and South America, after considering the political, economic, social, and technical elements impacting the Global Artificial Turf market in these regions.

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COVID-19 Impact Analysis on Global Artificial Turf Market:

Customer behaviour has changed as a result of the COVID-19 epidemic in all areas of society. Industries, on the other hand, will need to revise their strategy to account for changing market supply. This report provides an overview of the COVID-19's influence on the Global Artificial Turf market and will assist you in developing your business in accordance with the new industry standards.

Key Questions answered in the Global Artificial Turf Market Report are: 

• Which product segment had the largest share in the Global Artificial Turf market in 2020?
• How is the competitive landscape of the Global Artificial Turf market?
• Which are the key factors aiding the Global Artificial Turf market growth?
• Which region holds the maximum share in the Global Artificial Turf market?
• What will be the CAGR of the Global Artificial Turf market during the forecast period (2021-2027)?

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