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 Report Overview
The report provides a comprehensive analysis of the current and future market scenario for the Artificial Turf market. It provides insights and updates on the key sectors, including demand across the world, product manufacturing, income generation, and sales and revenue. The report also provides two scenarios for a complete analysis of the market, including Artificial Turf sales in the forecast period. The first scenario is based on the assumption that the Artificial Turf market will continue to grow at its current rate. The second scenario is based on the assumption that the market will experience some disruption, such as a change in regulations or a new product entering the Artificial Turf industry. The report also includes a detailed analysis of the competitive landscape, including the key players, their strategies, and their strengths and weaknesses. This analysis will help businesses to identify opportunities and threats in the market and to develop strategies to succeed.
Artificial Turf Market Report Scope and Research Methodology
The Artificial Turf market report provides a comprehensive analysis of the market, including recent developments, trade regulations, import/export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths and regional growth.
The report also includes a PESTLE analysis, which identifies the micro and macro-level factors that are influencing the market. A SWOT analysis is also included, which identifies the strengths and weaknesses of the market. The report also focuses on the global key players in the market, including market leaders, followers, and new entrants.
Artificial Turf Market Regional Insights
The research covers a detailed analysis of the market size and dynamics in North America, Canada, Mexico, Europe, Germany, France, Spain, Italy, Rest of Europe, Asia-Pacific, China, India, Japan, Australia, Korea, ASEAN countries, rest of APAC, South America, Brazil, Middle East and Africa.
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Artificial Turf Market Segmentation
Based on Application, the Sports sector led the Artificial Turf market in 2022 with a share of nearly 48%. At the conclusion of the projection period, the category is anticipated to continue to dominate both in terms of value and volume. In recent years, artificial grass has replaced natural grass more and more frequently in the sports industry. Due to its advantages over natural grass, several sports fields quickly adopt one of the many distinct forms of artificial grass. For instance, it may be used more frequently and doesn't need sunshine or mowing.
Artificial Turf Market Size and Forecast, by Material Type (2022-2029)
. Polyethylene
. Nylon
. Polypropylene
. Others
Artificial Turf Market Size and Forecast, by Installation Type (2022-2029)
. Flooring
. Wall Cladding
Artificial Turf Market Size and Forecast, by Infill Material (2022-2029)
. Rubber-based
. Plant-based
. Sand-based
Artificial Turf Market Size and Forecast, by Application (2022-2029)
. Sports
. Leisure
. Landscaping
. 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)
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Key questions answered in the Artificial Turf Market are:
- What is the expected Artificial Turf market size by the end of the 2029?
- What is the expected CAGR of the Artificial Turf market during the forecast period?
- What are the emerging trends in the Artificial Turf Market?
- What are the factors contributing to the final price of Artificial Turf?
- What are the major challenges that the Artificial Turf Market could face in the future?
- Who held the largest market share in the Artificial Turf Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2021)
- Past Pricing and price curve by region (2017 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments and their sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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