IMARC Group, a leading market research company, has recently releases report titled “Artificial Turf Market Report by Material (Polyethylene, Polypropylene, Polyamides, and Others), Application (Household, Sports and Leisure, Restaurant and Hotels, Airports and Commercial Offices, and Others), Distribution Channel (Direct Sales/B2B, Online Stores, Specialty Stores, Convenience Stores, and Others), and Region 2024-2032", Offers a comprehensive analysis of the industry, which comprises insights on the market.
How Big is the Artificial Turf Market?
The global artificial turf market size reached US$ 3,570.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 5,632.9 Million by 2032, exhibiting a growth rate (CAGR) of 5.1% during 2024-2032.
Industry Overview of Artificial Turf
Artificial turf, also known as synthetic grass or fake grass, is a man-made surface designed to mimic the appearance of natural grass. It is typically composed of synthetic fibers, such as polyethylene, polypropylene, or nylon, which are woven into a backing material. It offers resistance to wear and tear, which makes it suitable for high-traffic areas. It requires minimal upkeep as compared to natural grass and does not involve mowing, watering, or fertilizing. It reduces the need for pesticides and fertilizers and contributes to environmental health. It also minimizes exposure to allergens and provides a safer surface for sports due to consistent cushioning. It is widely used in soccer, football, baseball, and golf to provide a consistent playing surface.
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What are the growth prospects and trends in the artificial turf industry?
The increasing water scarcity and the rising need for water conservation represent one of the primary factors promoting the adoption of artificial turf around the world. Moreover, rapid urbanization and limited space for traditional lawns are driving the use of artificial turf for landscaping in cities.
In addition, ongoing innovations in synthetic turf materials, such as improved drainage systems and softer textures, which enhance performance and safety, are contributing to the market growth. Apart from this, the incorporation of artificial turf into various land development projects, including rooftop gardens and remodeling of aging infrastructure, is bolstering the market growth.
Leading Companies Operating in the Global Artificial Turf Industry:
- Act Global
- Co Creation Grass Co. Ltd
- Condor Group
- Dow Inc.
- ForestGrass Co. Ltd.
- Global Syn-Turf Inc.
- Polytan GmbH
- Shaw Industries Group Inc. (Berkshire Hathaway Company)
- SIS Group Ltd.
- SpectraTurf Inc. (Ecore International Inc.)
- Sport Group Holding GmbH
- Tarkett S.A.
- Koninklijke TenCate B.V.
Artificial Turf Market Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Material:
- Polyethylene
- Polypropylene
- Polyamides
- Others
Breakup by Application:
- Household
- Sports and Leisure
- Restaurant and Hotels
- Airports and Commercial Offices
- Others
Breakup by Distribution Channel:
- Direct Sales/B2B
- Online Stores
- Specialty Stores
- Convenience Stores
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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