Report Ocean is a comprehensive analysis of the global Artificial Turf Market that includes both qualitative and quantitative data. The report covers various regions and provides insights into major industry changes, challenges faced by businesses and competitors, and potential new opportunities in the market. It also includes a SWOT analysis, Porter’s Five Forces model, and a value chain review to help readers understand the industry’s position in the market and the stakeholder positions.
Artificial Turf Market is valued approximately USD 263 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.4% over the forecast period 2022-2028. Artificial turf is a surface of synthetic fibers made to look like natural grass. It is most frequently used in arenas for sports that were first played on grass or are typically played there. However, it is now also utilized in business settings and on household lawns. The increasing demand for sports application, rising health awareness has inclined people to indulge in sports activities, this has driven the growth of Artificial Turf across the forecast period. For Instance, as of 2020, as per the last global census undertaken by the sport’s governing body FIFA, it was estimated that there are 265 million people who play the sport along with more than 5 million referees, which equates to 4% of the world’s population. Further, increasing penetration in residential constructions also helps the market to grow at a pace. Also, with the continuous technological advancement in the Artificial Turf market, increases the demand and the market growth during the forecast period. However, high initial costs hinder the growth of the market over the projected period of 2022-2028.
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The key regions considered for the Global Artificial Turf Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of the Presence of a large number of sports fields, switching trends from natural grass to synthetic grass, and increasing popularity of outdoor sports are expected to upkeep the market growth for artificial turf in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as increasing constructure which is backed by rising investments from foreign multinational. Whereas, growing constructions for commercial playgrounds and rapid urbanization are likely to back the market growth of Asia-pacific region.
Major market players included in this report are:
Synthetic Turf International
Shaw Industries Group, Inc.
Sport Court Carolina
Tarkett S.A.
SYNLAWN ARTIFICIAL GRASS
Act Global
CONDOR Group.
CC Grass
Avalon Grass
TIGERTURF
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Material:
Polyethylene
Polypropylene
Nylon
By Application:
Residential
Commercial
Sports
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Contents:
- Executive Summary
- Introduction
- Methodology
- Market Overview
- Market Analysis
- Market Size and Forecast
- Market Trends
- Market Dynamics
- Market Segmentation
- Competitive Landscape
- Competitive Scenario
- Key Players
- Regional Analysis
- Regional Market Overview
- Market Size and Forecast by Region
- Product/Service Analysis
- Product/Service Overview
- Market Size and Forecast by Product/Service
- End-User Analysis
- End-User Overview
- Market Size and Forecast by End-User
- Industry Structure
- Key Findings and Recommendations
- Conclusion
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