Artificial Turf Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

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Artificial Turf Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Status : September, 2020 | Chemical & Materials | PPT format

Report Digest


Global Artificial Turf Market: Snapshot

Growth opportunities abound in the global market for artificial turf as residential and commercial property owners increasingly focus on ways of keeping lawns green even during the rising incidences of draughts across the globe. Along with providing an easy way of conserving the water otherwise spent on keeping natural grass alive, artificial grass, or artificial turf as it is often referred to, helps eliminate the need for timely maintenance, elimination in the amount of hazardous chemicals that natural grass lawns are subjected to, and are cost efficient owing to long workable life.

Giving in to all these benefits, residential as well as commercial consumers are switching from natural grass to artificial turf. A number of sports complexes are also increasingly adopting artificial turf owing to their monetary and other benefits. The trend is expected to remain strong in the next few years as well and the sports application area is expected to remain the leading consumer of artificial turf over the report’s forecast period.

Developed economies across region such as North America and Europe are presently the leading consumers of artificial turf and also feature some of the leading vendors operating in the market across the globe. Nevertheless, in the past few years, there has been a significant rise in adoption of artificial turf across emerging economies in regions such as Asia Pacific and Middle East and Africa. In emerging markets, the sports segment remained the most promising in terms of growth opportunities in the earlier phases of expansion of the market. However now, the residential sector is also displaying a steady improvement in terms of growth opportunities.

Global Artificial Turf Market: Overview

Artificial turf has garnered much popularity over the past decades due to the powerful appeal of many of its benefits. It has become a ubiquitous part of schools, colleges, municipalities, and state government buildings. Benefits such as the need for no garnish or irrigation, easy installation, and suitability in enclosed, arched, or enclosed spaces, wherein the lack of adequate sunshine may make the maintenance of natural grass tough, work in favor of the market. The market is expected to expand in the next few years at a promising pace, owing chiefly to the rising demand across sports as well as residential complexes. With demand rising across urban settings in new infrastructural structures across emerging economies, companies operating in the market could benefit significantly from the new set of growth opportunities.

However, even after some five decades of the first well-publicized use of artificial turf, there still remain questions regarding the health and environmental effects of the many constituent elements of a typical artificial turf field. The use of recycled tire as the infill material is the centre of most of these concerns. Rubber crumb, or the small granules of rubber derived from scrap tires, contain a variety of heavy metals and organic contaminants that can volatilize into the air or percolate into rainwater, thereby posing a potential risk to human health and the environment. These factors could arrest the growth of the market to a certain degree in the next few years, especially in regional markets with low awareness.

Global Artificial Turf Market: Segmentation

In terms of application, the global artificial turf market can be examined for landscaping and sports applications. Of these, the segment of sports currently accounts for a massive share in the overall market and is likely to continue to remain the leading revenue contributor over the forecast period as well. Factors such as the retention of color and structure for a number of years, low cost of maintenance, and high durability lead to the increased demand for artificial turf across the sports industry. Moreover, the vast advancements seen in manufacturing technologies and the development of new, upgraded varieties of products also contribute to the increased demand for artificial turf in the sports industry.

Global Artificial Turf Market: Geographical and Competitive Dynamics

From a geographical standpoint, the market for artificial turf in Europe accounts for the dominant share in the overall market, chiefly owing to the vast usage of artificial turf in a large number of sports fields in countries across the region. Sports clubs and municipalities in the region have demonstrated a massive rise in uptake of artificial turf in the recent years and the trend is expected to remain strong over the forecast period as well. In North America, concerns associated with the harmful effects of artificial turf on health of players or people who remain in close contact with the structures could hamper the growth prospects of the market to a certain extent. The market in Asia Pacific is expected to witness growth at a promising pace owing to rising demand from the infrastructure industry.

Some of the leading companies operating in the market are Greenfields Turf Products, Forest Grass, Turf Solutions, NewGrass, TigerTurf Americas, HG Sports Turf, Sporturf, Easigrass, FieldTurf, DuPont, SIS Pitches, Global Syn-Turf, Avalon, Turf & Garden, CCGrass, Challenger Industries, GTR Turf, Artificial Lawn, GrassTex, and Garden Grass.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?