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.
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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.
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Artificial Turf Market Segmentation
By Material Type
By Installation Type
By Infill Material
By Application
Artificial Turf Market Key Competitors include:
North America Artificial Turf Market Key Players:
Europe Artificial Turf Market Key Players:
Asia Pacific Artificial Turf Market Key Players:
Key questions answered in the Artificial Turf Market are:
Key Offerings:
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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.
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