Artificial Turf Market to reach USD 7.60 Mn at a CAGR of 9.8 percent by 2030, Says Maximize Market Research

May 14 15:26 2024
Artificial Turf Market to reach USD 7.60 Mn at a CAGR of 9.8 percent by 2030, Says Maximize Market Research
Artificial Turf Market
The sustainability, cost-effectiveness, and alternatives to natural turf are witnessing significant growth in the artificial turf market. The Artificial Turf Market is segmented into Material Type, Installation Type, Infill material, Application and Region for a better understanding of the market structure.

Maximize Market Research, a leading “Chemical and Material” business consultancy and research firm has published a report on the “Artificial Turf Market. The total market opportunity for Artificial Turf Market was USD 3.95 Bn in 2023 and is expected to grow at a CAGR of 9.8 percent through the forecast period, reaching USD 7.60 Bn by 2030.

Market Size in 2023   USD 3.95 Bn.

Market Size in 2030   USD 7.60 Bn.

CAGR  9.8 percent (2024-2030)

Forecast Period 2024-2030

Base Year  2023

Number of Pages   225

No. of Tables 152

No. of Charts and Figures   106

Segment Covered  Material Type, Installation Type, Infill material, and Application

Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage  Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Get a Free Sample PDF of this Research Report for more Insights with a Table of Content, Research Methodology, and Graphs

Artificial Turf Market Scope and Research Methodology

By using a bottom-up approach, various key insights covered in the report include the major drivers of the market at the global and regional levels, challenges for future growth, and various opportunities in the market. The report provides a complete analysis of the market structure and the nature of competition in the market.

The market overview of the industry and market development of Artificial Turf is given in the report. The SWOT analysis was used to study the strengths and weaknesses of the Artificial Turf Market. For the competitive analysis of the Artificial Turf Market, a competitive matrix is made covering market leaders and new entrants. The report presents an overview of each company along with important takeaways based on the revenue generated, financial health, technological advancements, recent developments, mergers and acquisitions, joint ventures, alliances, and marketing tactics.

Artificial Turf Market Overview

The Artificial Turf market gaining popularity by the numerous factors that are related to the environment and sustainability. The Artificial Turf industry presents a pleasing prospect for manufacturers, retailers, and designers to capitalize on with continuing agreements with cost-effectiveness, longer lifespan, and low raw materials. The increasing popularity of turfs fuels the demand for Artificial Turf commonly engages with consumers and fosters market growth.

Artificial Turf Market Dynamics

The popularity of games like soccer, football, etc. further fuels the demand for Artificial Turf. In the north and the majority of Sweden climates are not adapted for the play of soccer on natural turf. With the help of new developments and innovations, the market key players are focusing on sustainable products. US-based manufacturer of artificial grass revealed its new category of product enhancements and offerings which include soy content, additional color options, advanced drainage, and Super Yarn technology with sustainability.

Artificial Turf Market Regional Insights

In North America, the Artificial Turf Market is expected to grow over the forecast period

The Countries like United States and Canada led the Artificial Turf Market with the largest market share in 2023 and is expected to maintain its position in the North America region during the forecast period. The market growth is driven by the increasing construction and famous games like baseball, and football played in this region are key factors that are expected to fuel the market in the region.

Request For Free Sample Report : 

Artificial Turf Market Segmentation

By Material Type            

  • Polyethylene
  • Nylon
  • Polypropylene
  • Others

By Installation Type       

  • Flooring
  • Wall Cladding

By Infill Material             

  • Rubber-based
  • Plant-based
  • Sand-based

By Application 

  • Sports
  • Leisure
  • Landscaping
  • Others

Artificial Turf Market Key Competitors include:

North America Artificial Turf Market Key Players:

  • Global Syn-Turf
  • ForeverLawn
  • Dow dupont
  • Shaw Industries
  • Act Global
  • Controlled Products
  • Tigerturf
  • Matrix Turf
  • El Espartano
  • Integriturf
  • Challenger Industries Inc.

Europe Artificial Turf Market Key Players:

  • Sport Group Holding GmbH
  • Tarkett Group
  • Tencate Grass
  • SiS Pitches
  • com
  • Victoria PLC
  • Limonta

Asia Pacific Artificial Turf Market Key Players:

  • CoCreation Grass Co
  • Creative Recreation Solutions
  • Nurteks Hali

Key questions answered in the Artificial Turf Market are:

  • What is Artificial Turf?
  • What is the current growth rate of the Artificial Turf Market?
  • Who are the key players in the Artificial Turf Market?
  • What are the factors affecting growth in the Artificial Turf Market?
  • Who held the largest market share in Artificial Turf Market?
  • What is the demand pattern for the Artificial Turf Market?
  • What are the opportunities for the Artificial Turf Market?
  • What are the strategies used by competitors in the Artificial Turf Market?
  • What are the growth prospects in developing countries for the Artificial Turf Market?
  • Which segment is expected to witness the fastest growth and why in the Artificial Turf Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018-2022)
  • Past Pricing and price curve by region (2018-2022)
  • Market Size, Share, Size & Forecast by different segment | 2023−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by Material Type, Installation Type, Infill material, Application, and Region
  • Competitive Landscape – Profiles of selected key players by region in 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

Maximize Market Research is leading Food and Beverages research firm, has also published the following reports:

Mandelic Acid market– The Mandelic Acid Market size was valued at USD 284.12 Million in 2023 and the total Mandelic Acid Market revenue is expected to grow at a CAGR of 14.72% from 2024 to 2030, reaching nearly USD 742.85 Million.

calcium Acetate Market– The calcium Acetate market was valued at USD 124.11 Bn in 2023 and is expected to reach USD 158.6 Bn by 2030, at a CAGR of 3.56 % during the forecast period.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Media Contact
Contact Person: L Godage
Email: Send Email
Phone: +91 9607365656
Address:3rd Floor, Navale IT Park, Phase 2, Pune Banglore Highway, Narhe,
City: Pune
State: Maharashtra
Country: India