Artificial Turf Market Size in 2023 To 2029 | DuPont (US), FieldTurf (Canada),Shaw Industries Group, Inc. (US), ACT Global (US), TigerTurf (US), Mohawk Industries, Inc. (US), Tarkett (France), Lowe's Companies, Inc. (US), Interface, Inc. (US), Dixie Group

The report offers detailed measurements about the drivers, development, and prospects that have a direct impact on the Artificial Turf market. The market study contains an in-depth analysis of the international Artificial Turf Market based on the key boundaries that encompass the drivers, sales inquiry, market limits & share. Furthermore, the report highlights the assessment of the market size in four key regions: North America, Europe, Asia-Pacific, and Rest of World. The research study aims to provide readers with an intensive valuation of current industry trends and breakdown. It spans global Artificial Turf market research data from various companies, benefits, gross margin, calculated decisions in the worldwide market, and more through tables, charts, and infographics. Other significant aspects studied in this report include demand and supply dynamics, import & export scenarios, R&D development activities, industry developments, and cost structures. Additionally, consumption demand and supply figures, cost of production, and selling price of products are also estimated in this report.

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𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭
DuPont (US), FieldTurf (Canada),Shaw Industries Group, Inc. (US), ACT Global (US), TigerTurf (US), Mohawk Industries, Inc. (US), Tarkett (France), Lowe's Companies, Inc. (US), Interface, Inc. (US), Dixie Group, Inc. (US), Oriental Weavers (Egypt), Tai Ping Carpets International Limited (Hong Kong), Victoria PLC (UK), The Home Depot, Inc, (US)

This report will help new entrants or stakeholders understand the complete market dynamics within Artificial Turf. The report examines the competitive scenario along with the future market landscape using various frameworks such as Porter's five forces and the parent/peer market. It considers the portfolios of key market players operating in the Artificial Turf market, coupled with a comprehensive study of the products and services they offer. Moreover, this report aims to help readers understand the impact of government rules during the Covid-19 pandemic and estimate market changes throughout the global pandemic. The Global Artificial Turf Market also sheds light on the major players in the sector, detailing their product portfolio, business policies, company profiles, and revenue share. Finally, the study defines strategies such as partnerships, development, collaborations, joint projects, and others executed by industry leaders to enhance their status in the sector.

"The artificial turf market is expected to witness a CAGR of 4.8% between 2023 and 2028."

The Artificial turf market is estimated at USD 76.6 billion in 2022 and is projected to reach USD 114.3 billion by 2028, at a CAGR of 6.5% from 2023 to 2028. The creation of building & construction, automotive, artificial grass, and other uses are just a few of the sectors that use artificial turf extensively. Artificial turf is gaining popularity due to its low maintenance cost and better durability compared to natural grass.

"Artificial Grass is expected to witness highest CAGR between 2023 and 2028."

Based on the artificial grass, artificial turf market can be segmented into contact sports, non-contact sports, leisure, and landscaping. The use of artificial turf is expected to grow significantly in the contact sports segment owing to factors such as the increase in the number of football pitches across the world, the increase in investments in hockey in countries such as India, and the growth in the popularity of American football in the US.

Contact sports are sports in which the participants necessarily come into physical contact with one another. The market for contact sports is driven by the higher adoption of artificial grass in sports tournaments for hockey, football, basketball, and high spending by key stakeholders of these sports, such as FIFA and UEFA. Non-contact sports are sports with minimal physical contact between the players. These types of sports include tennis, golf, volleyball, cricket, lawn bowls, and baseball.

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Research Coverage

This report covers the artificial turf market by process, end-use industry, and region. It aims at estimating the size and future growth potential of the market across various segments. The report also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies.

Reasons to buy the report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall artificial turf market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

This release was published on openPR.