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Artificial Turf Market Size & Share, By Material (Polyethylene, Polypropylene, Nylon) By Application (Sports Clubs and Facilities, Residential, Commercial, Educational Institutions), Regional Forecast, Industry Players, Growth Statistics Report 2024-2032

Report ID: FBI 5026

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Published Date: Aug-2024

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Format : PDF, Excel

التوقعات السوقية:

Artificial Turf Market crossed USD 80.7 Billion in 2023 and is expected to reach USD 144.66 Billion by end of the year 2032, growing at over 6.7% CAGR between 2024 and 2032.

Base Year Value (2023)

USD 80.7 Billion

19-23 x.x %
24-32 x.x %

CAGR (2024-2032)

6.7%

19-23 x.x %
24-32 x.x %

Forecast Year Value (2032)

USD 144.66 Billion

19-23 x.x %
24-32 x.x %
Artificial Turf Market

Historical Data Period

2019-2023

Artificial Turf Market

Largest Region

North America

Artificial Turf Market

Forecast Period

2024-2032

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سوق الديناميكية:

Growth Drivers & Opportunity:

Increasing awareness about the benefits of artificial turf in terms of water conservation and low maintenance requirements is expected to drive the growth of the artificial turf market. Additionally, the growing demand for artificial turf in sports fields and commercial landscapes is also contributing to the market growth. Furthermore, technological advancements in artificial turf materials and manufacturing processes are also expected to create opportunities for market growth.

Report Scope

Report CoverageDetails
Segments CoveredFiber Type, Resin Type, Product Type, Application
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledAct Global, CoCreation Grass, Condor Group, Dow, EasyTurf, FieldTurf, ForeverLawn, ForestGrass, Global Syn-Turf, Polytan, Shaw Industries Group, Sport Group, SYNLawn, Tarkett, TenCate Grass,

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Industry Restraints:

A primary hindrance for the artificial turf market is the high initial cost of installation compared to natural grass. This cost factor can deter potential customers from investing in artificial turf, especially for larger areas. Another restraint for the market is the environmental concerns related to the use of artificial turf, such as the disposal of materials at the end of their life cycle. Proper disposal and recycling methods need to be implemented to address these concerns and mitigate the environmental impact of artificial turf.

التوقعات الإقليمية:

Artificial Turf Market

Largest Region

North America

XX% Market Share in 2023

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North America The artificial turf market in North America is experiencing steady growth, particularly in the United States and Canada. The increasing popularity of artificial turf in sports fields, residential lawns, and commercial spaces is driving the market growth in these regions. Stringent regulations regarding water conservation and maintenance costs are also contributing to the increasing adoption of artificial turf.

Asia Pacific In Asia Pacific, countries such as China, Japan, and South Korea are witnessing significant growth in the artificial turf market. The rapid urbanization, changing lifestyle preferences, and increasing investment in sports infrastructure are fueling the demand for artificial turf in these countries. Additionally, the focus on sustainable landscaping solutions is further propelling the market growth in the region.

Europe The artificial turf market in Europe is dominated by countries like the United Kingdom, Germany, and France. The growing demand for artificial turf in various applications such as sports fields, landscaping, and residential lawns is driving the market growth in these countries. Additionally, the emphasis on environmental sustainability and water conservation is leading to the increasing adoption of artificial turf in Europe.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
Artificial Turf Market
Artificial Turf Market

تحليل التجزئة:

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In terms of segmentation, the global Artificial Turf market is analyzed on the basis of Fiber Type, Resin Type, Product Type, Application.

Artificial Turf Market by Material

Polyethylene

Polyethylene is the most commonly used material in artificial turf due to its durability, UV resistance, and soft texture. It is ideal for high-traffic areas such as sports clubs and facilities.

Polypropylene

Polypropylene is a cost-effective option for artificial turf and is often used in residential areas. It is durable and easy to maintain, making it a popular choice for homeowners.

Nylon

Nylon artificial turf is known for its strength and resilience, making it suitable for commercial applications. It can withstand heavy foot traffic and is often used in educational institutions and public spaces.

Artificial Turf Market by Application

Sports Clubs and Facilities

Artificial turf is widely used in sports clubs and facilities due to its ability to withstand intense use and weather conditions. It provides a consistent playing surface for various sports and requires minimal maintenance.

Residential

Residential areas are increasingly opting for artificial turf as a low-maintenance landscaping solution. It offers a lush green look year-round without the need for mowing, watering, or fertilizing.

Commercial

Commercial properties such as hotels, restaurants, and retail spaces are turning to artificial turf for its aesthetic appeal and durability. It creates an inviting outdoor space for customers and can be customized to fit any design.

Educational Institutions

Educational institutions are incorporating artificial turf on playgrounds and sports fields for safer and more durable playing surfaces. It reduces maintenance costs and allows students to engage in physical activities year-round.

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مشهد تنافسي:

The competitive landscape in the Artificial Turf Market is characterized by a mix of established multinational corporations and emerging local players. Major companies are focused on innovation and sustainability, offering advanced products that cater to various applications, including sports, landscaping, and recreational use. The market is witnessing increasing mergers and acquisitions as companies seek to expand their product portfolios and geographic reach. Additionally, there is a growing emphasis on environmentally friendly materials and technologies, driving competition among manufacturers. The demand for high-quality, durable, and realistic turf solutions is propelling investment in research and development, contributing to the dynamic competitive environment.

Top Market Players

- FieldTurf

- Shaw Sports Turf

- Blade Turf

- Desso

- Greenfields

- Sporturf

- Polytan

- ForeverLawn

- TarkettSports

- AstroTurf

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Artificial Turf Market Size & Share, By Material (...

RD Code : 24