Press release
Artificial Turf Market Explores New Growth Opportunities | Nurteks Hali, Soccer Grass, Limonta, Sportlink , and El Espartano
Artificial turf is a surface consisting of man-made fibers that resemble real grass. It does not require any activities such as irrigation, pruning, insecticides, or others, but it does necessitate low-cost upkeep as compared to natural grass. Artificial grass is created from environmentally safe materials and may be utilized in all types of weather. Artificial turf's high resilience and all-weather usability make it a popular choice for commercial applications such as landscaping.According to a recent analysis by Coherent Market Insights, the worldwide artificial turf market is estimated to reach USD 3.4 billion by 2025, growing at a CAGR of 5.1 percent over the forecast period. Durability, minimal maintenance, and lower costs compared to natural grass are the primary reasons expected to boost demand for artificial turf in sports and lawns applications throughout the forecast period.
The growing number of major outdoor sporting events taking place throughout the world, as well as the growing need for low-maintenance stadiums and playgrounds, are expected to drive the artificial turf industry forward. Furthermore, the growing demand for artificial grass in new residential buildings to increase the visual appeal of living and backyard spaces is expected to fuel market expansion. Furthermore, growing living standards and consumers' strong purchasing capabilities in developing countries are projected to increase product demand in home remodeling operations.
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Major Players Cited in the Report: DowDuPont, Tarkett, Victoria PLC, Act Global, SportGroup, Tiger Turf, SIS Pitches, Matrix Turf, Nurteks Hali, Soccer Grass, Limonta, Sportlink, and El Esperanto
Our researchers employed both bottom-up and top-down methodologies to estimate and validate the size of the worldwide Artificial Turf market. These approaches were also utilized to forecast the Artificial Turf market size of the report's segments and sub-segments.
We used secondary sources to calculate all breakdowns, splits, and percentage shares before verifying them with primary sources. We utilized both primary and secondary research methods to estimate the worldwide Artificial Turf market size in terms of value and to examine the industry's supply chain. Furthermore, detailed secondary research was carried out to identify important competitors in the worldwide Artificial Turf market.
Report Objectives
– Following and evaluating competitive developments in the worldwide Artificial Turf market, such as R&D, mergers and acquisitions, cooperation, and new launches.
– In-depth examination of prominent firms' key capabilities and market shares
– Forecasting the growth of the worldwide Artificial Turf market and its key segments in terms of revenue and volume.
– Identifying market prospects for stakeholders, vendors, market players, and other parties interested
– Strategically assessing microeconomic and macroeconomic aspects and their impact on the worldwide Artificial Turf market's prospects and development tendencies
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Highlights of TOC
Competition by Manufacturer: This part is divided into five chapters: competitive circumstances and trends, product categories, areas serviced, and manufacturing sites, average price by manufacturers, revenue share by manufacturers, and production share by manufacturers.
Production Share by Region: This section examines all of the regional markets evaluated in the research in terms of gross margin, price, revenue, production, and production growth rate for the review period 2021-2027.
Company Profiles: The worldwide Artificial Turf market's key players are profiled in terms of their market share, price, revenue, production, markets, and areas serviced, and other characteristics.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunities.
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