Artificial Turf Market is Projected to reach USD 12.68 billion by 2027 - Arizton

The artificial turf market by revenue is expected to grow at a CAGR of over 7% during the period 2021−2027.

Key Highlights:

• The growing emphasis on water conservation, minimizing usage of chemicals such as fertilizers, pesticides, and others, and cut down expenditure on expensive lawn mowers are anticipated to push the market growth.
• Polyethylene fiber base material hold the highest revenue share in the market and is expected to observe the highest growth rate at a CAGR of 8.22% during 2022-2027
• The expanding participation in sports is pushing the demand for artificial turf from various sports stadiums and training facilities. Moreover, greater resiliency in all weather conditions and cost effectiveness in the long run are driving the demand for artificial turf in the market.
• Contact Sports are the major revenue contributors to the artificial turf market. However, the commercial application is expected to observe the highest growth rate at a CAGR of 8.64% during the forecast period.
• Long pile height (>40mm) artificial turf leads the market with medium pile height turf (20-40mm) expected to observe the highest growth rate in terms of both value and volume.
• The market consists of various vendors including Controlled Products, Shaw Industries, SportGroup, Tarkett, TenCate Grass, and others. There is intense competition among vendors for market share. As a result, a lot of merger & acquisitions are taking place to expand and improve the offerings to survive in the market.
• COVID-19 has resulted in various supply chain disruptions that have significantly hampered the sourcing of raw materials. Moreover, there was decline in demand from sports facilities and commercial segment. The temporary shutdown of amusement parks, hotels, corporate offices, educational institutions, and other areas led to a fall in demand for artificial turfs from these areas.

Key Offerings:
• Market Size & Forecast by Revenue | 2021−2027
• Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
• Market Segmentation – A detailed analysis by installation type, fiber base material, application, infill material, pile height, distribution channel, and geography
• Competitive Landscape – 6 key company profile and 14 other prominent vendors

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Artificial Turf Market – Segmentation Analysis

• In 2021, the flooring installation of artificial turf dominated the market accounting for a revenue share of 64.35% and is expected to grow significantly during the forecast period. The government in various developing countries such as China, India, and others are increasingly making investments for the construction of public parks and recreational facilities, which is expected to push the demand for artificial turfs for flooring installation.
• The global polyethylene artificial turf market is expected to reach over USD 5 billion by 2027. Some of the popular suppliers of polyethylene artificial turf include Dow, Exxon Mobil, Sabic, and INEOS.
• In 2021, contact sports contributed to the highest revenue share of 45.90% in the artificial turf market and this trend is expected to continue during the forecast period. Contact sports such as rugby and football accounted for most of the revenue in the global artificial turf market. The growth of this segment is attributed to the increasing popularity of American football in the US and the growing investments in sports such as hockey across countries including India.

Artificial Turf Market – Segmentation

Market Segmentation by Installation Type
• Flooring
• Wall Cladding
Market Segmentation by Fiber Base Material
• Polyethylene
• Nylon
• Polypropylene
Market Segmentation by Application
• Contact Sports
• Non-Contact Sports
• Commercial
• Residential
Market Segmentation by Infill Material
• Petroleum Based
• Plant & Mineral Based
• Sand Based
Market Segmentation by Pile Height
• Long (>40mm)
• Medium (20-40mm)
• Short (

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This release was published on openPR.