Playground surface materials Market Industry Analysis, Trend, Growth, Opportunity, Forecast 2028

During the forecast period of 2021 to 2028, the global playground surface materials market is expected to see significant demand growth. Increased demand for various playground surface materials such as rubber mulch, artificial turf, engineered wood fiber, and others is one of the main reasons for this development. The demand for playground surface materials in commercial sports facilities, residential establishments, and other recreational spaces has increased in recent years. This factor is propelling the global playground surface materials market forward.

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For a variety of factors, the global playground surface materials market is gaining lucrative opportunities. There has been a significant rise in the number of playground areas in schools and public places in recent years. This factor is propelling the global surface materials market forward. Aside from that, recreational centres are exploding in popularity around the world. As a result, the market for playground surface materials is experiencing strong demand.

In recent years, a large portion of the global population has shifted toward a healthier lifestyle. This has prompted them to participate in both outdoor and indoor fitness events. As a result, the number of sports facilities in all parts of the world is increasing. For players in the global playground surface materials industry, this factor has generated demand avenues. Aside from that, the increased disposable income of the majority of the population is driving business growth.

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Growth Drivers that Support the Global Playground surface materials Market:

• In terms of value, the commercial sports complexes segment is projected to expand by around 5%. Due to growing demand from the construction of new sports facilities across all geographies, consumption of playground surface materials in the commercial sports complexes segment is expected to rise at a significant rate. Manufacturers of playground surface products are expected to benefit from future sporting activities such as the 2022 Asian Games, the 2020 Summer Olympics, and the 2022 FIFA World Cup.

• North America is one of the most important regions in the playground surface materials industry. Increased demand for artificial turfs in this region is one of the main reasons for this development. Aside from that, Europe is expected to have lucrative opportunities in the playground surface materials industry.

Companies are keen to expand their Global Foot-Print
Key players in the global playground surface products industry have been found to be participating in mergers and acquisitions around the world in order to strengthen their position in the market.

• Tencate, for example, announced the acquisition of Synthetic Grass Warehouse (SGW) Inc., a major supplier of synthetic turf for a variety of applications in the United States, in April 2017.

In order to stay competitive in the industry, several manufacturers are also engaged in new product development activities.

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Major companies functioning in the global Playground surface materials Market are TenCate, Shaw Sports Turf, Hellas Construction, Tarkett (FieldTurf), SportGroup Holding, Zeager Bros, The Fibar Group, Challenger Industries, DuPont, ACT Global Sports, Controlled Products, CoCreation Grass, ForestGrass, All Victory Grass

Market Segmentation:

By Type:
• Poured in Place (PIP)
• Artificial Turf
• Rubber Mulch
• Engineered Wood Fiber
• Others

By Application:
• School Playground
• Public Playground
• Stadium
• Others

By Region:
• North America
◦ North America, by Country
▪ US
▪ Canada
▪ Mexico
◦ North America, by Type
◦ North America, by Application
• Western Europe
◦ Western Europe, by Country
▪ Germany
▪ UK
▪ France
▪ Italy
▪ Spain
▪ The Netherlands
▪ Rest of Western Europe
◦ Western Europe, by Type
◦ Western Europe, by Application
• Asia Pacific
◦ Asia Pacific, by Country
▪ China
▪ India
▪ Japan
▪ South Korea
▪ Australia
▪ Indonesia
▪ Rest of Asia Pacific
◦ Asia Pacific, by Type
◦ Asia Pacific, by Application
• Eastern Europe
◦ Eastern Europe, by Country
▪ Russia
▪ Turkey
▪ Rest of Eastern Europe
◦ Eastern Europe, by Type
◦ Eastern Europe, by Application
• Middle East
◦ Middle East, by Country
▪ UAE
▪ Saudi Arabia
▪ Qatar
▪ Iran
▪ Rest of Middle East
◦ Middle East, by Type
◦ Middle East, by Application
• Rest of the World
◦ Rest of the World, by Country
▪ South America
▪ Africa
◦ Rest of the World, by Type
◦ Rest of the World, by Application

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This release was published on openPR.