Global Artificial Turf Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Artificial Turf Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Material (Nylon, Polypropylene, Polyethylene, Hybrid, and Others), Application (Residential, Commercial, and Sports), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Artificial Turf Market was valued at USD 4,423.4 million in 2023 and is expected to reach USD 7,265.8 million by 2031 while growing at a CAGR of 6.4% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global artificial turf market growth. Artificial turf, or synthetic grass, replicates the look and feel of natural grass using man-made materials like polyethylene and polypropylene. It's widely used in areas where growing or maintaining natural grass is challenging, designed to imitate the color, texture, and height of real grass.
The minimal maintenance requirements of artificial turf, coupled with growing awareness of water conservation and environmental sustainability, propel the artificial turf market. Yet, challenges like initial installation costs and environmental concerns may impede market expansion.
Furthermore, the global artificial turf industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Material Analysis
The Global Artificial Turf Market is segmented among Nylon, Polypropylene, Polyethylene, Hybrid, and Others, based on Material. In 2023, Nylon accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Artificial Turf Market is segmented among Residential, Commercial, and Sports, based on Application. In 2023, Sports accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Artificial Turf Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Sports Group, Tarkett Group, Tencate Grass, SiS Pitches, CC Grass, Act Global, Challenger Industries Inc., Creative Recreation Solutions (CRS), Global Syn-Turf, and ForeverLawn.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Artificial Turf Market Dynamics
Drivers
Restraints
Opportunity
4. Global Artificial Turf Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Artificial Turf Market Segmentation, By Material
Global Artificial Turf Market Share Analysis, By Material
Global Artificial Turf Market Growth Analysis, By Material
Global Artificial Turf Market Trends, By Material
o Nylon
o Polypropylene
o Polyethylene
o Hybrid
o Others
6. Global Artificial Turf Market Segmentation, By Application
Global Artificial Turf Market Share Analysis, By Application
Global Artificial Turf Market Growth Analysis, By Application
Global Artificial Turf Market Trends, By Application
o Residential
o Commercial
o Sports
7. Global Artificial Turf Market Segmentation, By Region
Global Artificial Turf Market Share Analysis, By Region
Global Artificial Turf Market Growth Analysis, By Region
Global Artificial Turf Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Sports Group*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Tarkett Group
Tencate Grass
SiS Pitches
CC Grass
Act Global
Challenger Industries Inc.
Creative Recreation Solutions (CRS)
Global Syn-Turf
ForeverLawn
*Similar analysis will be provided for each company listed above.