Press release
Artificial Turf Market Trends and Projections: USD 3.95 Bn in 2023 to USD 7.60 Bn by 2030
The ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 3.95 Bn. in 2023 and the total Artificial Turf revenue is expected to grow at a CAGR of 9.8% from 2024 to 2030, reaching nearly USD 7.60 Bn.๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The artificial turf market has witnessed significant growth, driven by its applications across sports, residential, and commercial landscapes. Artificial turf, composed of synthetic fibers designed to replicate the appearance of natural grass, is favored for its low maintenance and eco-friendly benefits. It eliminates the need for frequent watering, fertilizers, and mowing, making it a cost-effective and sustainable alternative. While originally used in sports arenas, its adoption has expanded into residential lawns, commercial landscaping, and even specialized applications such as airport runways. The market's expansion has been further bolstered by increasing awareness of water scarcity issues and the rising demand for low-maintenance, durable green solutions.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/119541/
๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
One of the key trends in the artificial turf market is the integration of advanced technologies to enhance product performance and sustainability. Innovations such as fiber optics for interactive features and antimicrobial coatings for improved hygiene are reshaping consumer perceptions of synthetic grass. Manufacturers are also focusing on developing environmentally friendly products that utilize recycled materials and offer superior drainage systems, catering to the rising demand for sustainable solutions. Furthermore, advancements like Super Yarn technology, which combines antimicrobial, anti-static, and IR-reflective properties, are elevating the functionality of artificial turf for sports and landscaping.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ:
The growing global awareness of water conservation is a primary driver for the artificial turf market. With regions around the world facing water scarcity, artificial turf offers an attractive solution by eliminating the need for irrigation, thereby conserving millions of gallons of water annually. In addition, it minimizes the use of chemical fertilizers and pesticides, reducing environmental pollution. These factors, combined with the rising demand for low-maintenance landscaping options, are encouraging widespread adoption across residential, commercial, and municipal applications.
Another key driver is the increasing replacement of natural grass with artificial turf in sports stadiums and recreational facilities. Sports organizations and stadium authorities are investing heavily in synthetic turf due to its durability, low upkeep, and ability to sustain heavy usage. This shift is particularly evident in regions such as Europe and North America, where artificial turf is becoming the standard for soccer, rugby, and multi-sport fields. Additionally, large-scale events like FIFA World Cup and other international tournaments are further fueling the demand for high-quality synthetic grass surfaces, ensuring steady market growth.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/119541/
๐๐๐ซ๐ ๐๐ซ๐ฌ & ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ: ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐จ๐ฆ ๐๐ข๐๐ญ๐ง๐๐ฆ, ๐๐ก๐๐ข๐ฅ๐๐ง๐, ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐, ๐๐๐ฉ๐๐ง, ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐, ๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ, ๐๐ง๐ ๐ญ๐ก๐ ๐๐๐
The artificial turf market is rapidly expanding due to increased demand for high-quality, sustainable solutions in sports, landscaping, and recreational spaces. Key mergers and acquisitions in various regions are accelerating market growth, with companies aiming to diversify their portfolios, increase production capacity, and innovate in product offerings.
๐๐ข๐๐ญ๐ง๐๐ฆ & ๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐จ๐จ๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง
In Southeast Asia, VinaGreen (Vietnam) and Green Turf Solutions (Thailand) have joined forces in a strategic merger. The acquisition was driven by the growing demand for artificial grass in both commercial and residential sectors in these rapidly urbanizing markets. The merger is expected to increase production capacity and reduce operational costs, positioning them as key players in the Southeast Asian turf industry.
VinaGreen aims to leverage this merger to expand into new verticals, including sports stadiums and landscaping, tapping into the growing regional demand for eco-friendly, low-maintenance turf solutions.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ฎ๐ฌ๐ก ๐๐จ๐ซ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ
In Singapore, Turf Solutions International has completed the acquisition of Aqua Turf Systems, a leading supplier of smart irrigation systems. The acquisition will allow Turf Solutions International to integrate intelligent water management systems into their artificial turf products, appealing to environmentally conscious customers looking to reduce water usage in sports fields and landscapes.
The deal positions Turf Solutions International as a frontrunner in sustainable turf innovations in the Asia-Pacific region.
๐๐๐ฉ๐๐ง & ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ญ๐จ ๐๐ง๐ก๐๐ง๐๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง
In Japan, Evergreen Turf Technologies recently acquired SportsPro Artificial Turf. This acquisition will enable Evergreen Turf to combine its advanced manufacturing techniques with SportsPro's expertise in synthetic turf for sports applications, offering highly durable and performance-enhancing turf solutions. The acquisition aims to solidify Evergreen Turf Technologies' position in the competitive Japanese market.
Meanwhile, in South Korea, Korea Synthetic Turf Co. has partnered with TurfTech Korea to jointly develop the next generation of smart artificial turf, incorporating real-time performance monitoring for sports fields. This collaboration is a part of Korea Synthetic Turf's long-term strategy to expand its footprint in both domestic and international markets.
๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐๐ซ๐ ๐๐ซ๐ฌ
In Europe, Sporting Turf Solutions (UK) has merged with EuroTurf Innovations (Germany) in a move to enhance their market presence. This merger is expected to foster innovation, particularly in the development of eco-friendly, recyclable turf products aimed at reducing environmental impact.
The combined entity will leverage their respective regional strengths, creating a powerhouse in the European market with improved product offerings and a more extensive distribution network across the continent.
๐๐๐: ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐๐๐ซ๐ฌ ๐๐ญ๐ซ๐๐ง๐ ๐ญ๐ก๐๐ง ๐๐ซ๐๐ฌ๐๐ง๐๐ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ
The United States market has also seen significant consolidation. Turf Master LLC, a leading player in the artificial turf industry, has recently acquired EcoField Turf, a company specializing in the production of non-toxic and eco-friendly synthetic grass solutions. This acquisition will allow Turf Master LLC to expand its eco-conscious product line while enhancing production efficiency.
Additionally, Global Turf Innovations has acquired Premier Turf Inc., increasing its market share in both the sports field and residential landscaping segments. The acquisition provides Global Turf Innovations with access to Premier Turf's extensive distribution network, positioning the company for further expansion in the North American market.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/119541/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ:
by Material Type
Polyethylene
Nylon
Polypropylene
Others
by Installation Type
Flooring
Wall Cladding
by Infill Material
Rubber-based
Plant-based
Sand-based
by Application
Sports
Leisure
Landscaping
Others
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. Sport Group Holding GmbH (Germany)
2. Global Syn-Turf (US)
3. ForeverLawn (US)
4. Dow dupont (US)
5. Shaw Industries (US)
6. Act Global (US)
7. Controlled Products (US)
8. Tigerturf (US)
9. Matrix Turf (US)
10. El Espartano (US)
11. Integriturf (US)
12. Challenger Industries Inc. (US)
13. Tarkett Group (France)
14. Tencate Grass (Netherlands)
15. SiS Pitches (UK)
16. Terraplas.com (UK)
17. Victoria PLC (Uk)
18. CoCreation Grass Co (China)
19. Creative Recreation Solutions (CRS) (Australia)
20. Nurteks Hali (Turkey)
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-artificial-turf-market/119541/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
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Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
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Value chain and supply chain analysis
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Lucrative business opportunities with SWOT analysis
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Growth opportunities abound in the global market for artificial turf as residential and commercial property owners increasingly focus on ways of keeping lawns green even during the rising incidences of draughts across the globe. Along with providing an easy way of conserving the water otherwise spent on keeping natural grass alive, artificial grass, or artificial turf as it is often referred to, helps eliminate the needโฆ