As per this study the Global Artificial Grass Market was valued USD XX MN (by revenue) in 2019 and is anticipated to reach USD XX MN by 2026 with a CAGR of XX%.
Artificial grass is a carpet of green synthetic fibres that looks like real grass. It’s a common umbrella term used for describing all kinds of manufactured grass such as artificial turf, synthetic grass and synthetic turf. Polyethylene is a common polymer used in artificial grass in residential applications, owing to its versatility and excellent balance among durability, aesthetics and softness.
The growing number of sports fields and pitches around the globe, increasing applications of artificial grass, recycling of artificial pitches and development of different solutions for infill material are driving the market growth. Rising demand for water conservation and price compensation of artificial grass are also propelling the market growth. In addition, advanced technologies and supporting infrastructure for promoting sports, mainly football, is another factor fueling the demand in the market. Though, increasing chances for infrastructural advancement against the growing temperature creates ample opportunities for the market. However, the impact of artificial grass on health and environment and huge field temperature related to artificial grass are hampering the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of artificial grass.
The broad artificial grass market has been sub-grouped into installation, fiber base material, infill material and applications. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Fiber Base Material
By Infill Material
- Contact Sports
- Non-contact Sports
- Petroleum-based infill
- Sand infill
- Plant-based infill
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for artificial grass in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Artificial Grass Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the artificial grass market include Act Global, Controlled Product, sDowDuPont, El Espartano, Limonta, Matrix Turf, Nurteks Hali, Shaw Industries Group, SIS Pitches, Soccer Grass, SportGroup, Sportlink, Tarkett, TigerTurf and Victoria PLC. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.