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Artificial Turf Market Size to Surpass US$ 5.85 Billion by the end of 2028 | Persistence Market Research

02-24-2023 03:57 PM CET | Sports

Press release from: Persistence Market Research Pvt. Ltd

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Artificial Turf Market

Artificial Turf Market

Artificial Turf Market

The global Artificial Turf Market was valued at US$ 3.73 Billion by 2017 end and is expected to expand 1.5X over the forecast period to reach US$ 5.85 Billion by the end of 2028.

Artificial turf, also known as synthetic turf or fake grass, has become a popular alternative to natural grass in various applications such as sports fields, residential lawns, and landscaping. The global artificial turf market is expected to witness significant growth over the forecast period owing to the increasing adoption of artificial turf for landscaping and sports applications. The market is driven by factors such as low maintenance cost, long lifespan, and the ability to conserve water. The market is segmented by type, application, and geography. The major players in the market are investing in research and development to improve the quality of artificial turf.

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Artificial turf is a surface of synthetic fibers that resembles natural grass. It is used for a variety of applications, including sports fields, residential lawns, landscaping, and commercial areas. Artificial turf is made up of several layers, including a backing layer, drainage layer, infill layer, and synthetic grass fibers. The market for artificial turf is expected to grow significantly in the coming years owing to the increasing demand for low-maintenance and water-conserving landscaping solutions.

Market Drivers

The major drivers of the artificial turf market include low maintenance cost, long lifespan, and the ability to conserve water. Unlike natural grass, artificial turf does not require regular watering, mowing, or fertilizing, reducing maintenance costs. Moreover, artificial turf has a long lifespan of up to 15-20 years, reducing the need for replacement. The ability of artificial turf to conserve water is also a significant driver, particularly in areas with water scarcity.

Market Restraints

The major restraints of the artificial turf market include the high initial cost and the environmental concerns associated with artificial turf. The high initial cost of artificial turf can be a deterrent for some consumers, particularly in lower-income countries. Moreover, the environmental concerns associated with artificial turf, such as its non-biodegradable nature and the use of chemicals in the manufacturing process, can also be a restraint.

Market Players- 

• Koninklijke Ten Cate bv
• Zeager Bros. Inc.
• The Fibar Group LLC
• Challenger Industries, Inc.
• CCGrass
• All Victory Grass (Guangzhou) Co., Ltd.
• Tarkett S.A.
• Polytan GmbH
• PlayCore, Inc.
• Tarmac
• Accella Polyurethane Systems
• Surface America, Inc.
• LTR Products LLC
• Others

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Market Segmentation

The global artificial turf market is segmented by type, application, and geography.

By type,

the market is segmented into polyethylene, polypropylene, nylon, and others. Polyethylene is the most commonly used material in artificial turf owing to its durability, low cost, and ability to mimic natural grass. Polypropylene is used for lower-end applications due to its low cost and durability.

By application,

the market is segmented into sports fields, residential lawns, landscaping, and others. The sports fields segment dominates the market owing to the increasing adoption of artificial turf in sports applications such as football, soccer, and rugby.

Geographically,

the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America dominates the market owing to the high adoption rate of artificial turf in sports applications and landscaping.

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The global artificial turf market is expected to witness significant growth over the forecast period owing to the increasing adoption of artificial turf for landscaping and sports applications. The market is driven by factors such as low maintenance cost, long lifespan, and the ability to conserve water. The market is segmented by type, application, and geography. The major players in the market are investing in research and development to improve the quality of artificial turf. However, the high initial cost and environmental concerns associated with artificial turf can be

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