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Artificial Turf Market Global Industry Analysis and Forecast Till 2026

11-04-2016 08:07 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Artificial Turf Market Global Industry Analysis and Forecast

Artificial turf is a surface of synthetic fiber, made to appear like natural grass. Initially, artificial turfs were used in sport arenas that were played on grass. However, they are now extensively used for various commercial and residential application. Artificial turf were primarily introduced in the market as a substitute of natural grass, used to minimize undesired maintenance of grass and used in areas where grass is not sufficiently grown. For instance, artificial turf was first used in 1996 at Tropicana basketball field located in Houston where enough sunlight was not available for the growth of grass.

In comparison to natural grass, artificial turf offers several advantages such as durability, ability to withstand extreme weather conditions, easy maintenance, and no irrigation and can be used for multiple times for several hours.

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Global Artificial Turf Market: Segmentation

The global artificial turf market can be segmented on the basis of type and application

Based on the type, global artificial turf market can be segmented into

Astroturf

Superturf

Fieldturf

By application, global artificial turf market can be segmented into

Contact Sports

American Football

Rugby

Hockey

Tennis

Leisure

Landscaping

Global Artificial Turf Market: Dynamics

Minimal use of chemical and gas powered equipment for its maintenance leads to reduction in pollution across sports arenas. Government initiative for the use of artificial turf for sports field is expected to increase the adoption of artificial turfs for several indoor- outdoor events, thereby driving global artificial turf market. Further, need for artificial turf in various regions lacking sufficient growth of grass are expected to create significant opportunity in the global artificial turf market.

Rising number of injuries due to skin scratch and blisters from artificial turfs are decreasing their rate of adoption in several sports events. In a study performed by the National Football League Injury and Safety Panel, published in the October 2012, the rate of injury of knew sprains was 22 % higher on artificial turf than natural grass while ACl (anterior cruciate ligament) sprains reported were 67 % higher than natural grass. However, companies are developing methods to mitigate such effects through changes in material properties thereby setting them apart in the competitive environment. Moreover, growing concerns of cancer due to use of artificial cancers is also expected to result in significant decline of use of artificial turf.

The key trends identified the global artificial turf market include product development, increasing adoption by major sports organizations such as FIFA, women’s national soccer, rising market awareness of recycling turfs, landscaping application.

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Global Artificial Turf Market: Region-wise Outlook

Together Europe and MEA are currently leading in terms of market share contribution to the global artificial turf market revenue, with increasing sports infrastructure development and number of events. Asia pacific market is expected to witness significantly fast revenue growth in future, primarily due to increase in the number of commercial and residential application in the region. In Western Europe, the artificial turf market in Germany is expected to exhibit relatively higher growth as compared to markets in other countries in the region owing to the government initiative in the region.

Global Artificial Turf Market: Key Players

The key players identified in the global artificial market include CoCreation Grass, FieldTurf, DuPont,AstroTurf, GardenGrass, Grass Tex, SYNLawn, The GreenFields, Easigrass (Distribution) Limited, Avalon Grass, Tiger Turf, Challenger Industries, NewGrass and Global Syn-Turf. Reduced product development time, which in turn would help satisfy customer requirement is helping company to provide quick response and maintaining competitive price of the product.

About us:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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