Global Artificial Turf Market Set For 6.14% Growth, Reaching $5.28 Billion By 2029

The artificial turf report describes and explains the artificial turf market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.

The global artificial turf market reached a value of nearly $3.92 billion in 2024, having grown at a compound annual growth rate (CAGR) of 5.70% since 2019. The market is expected to grow from $3.92 billion in 2024 to $5.28 billion in 2029 at a rate of 6.14%. The market is then expected to grow at a CAGR of 4.76% from 2029 and reach $6.66 billion in 2034.

What strategies are being adopted by key players in the artificial turf market?
The key players in the market are adopting extensive strategies in the artificial turf market such as:
Expand Capabilities via new artificial turf products and acquisitions
Drive Innovation with advanced turf solutions
Strengthen Market through key acquisitions

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To take advantage of opportunities, The Business Research Company suggests that artificial turf companies enhance offerings:
Multi-sports turf solutions boost performance and versatility
Premium turf systems improve performance and sustainability
Non-infill football pitches offer better performance and eco-friendliness
Color shift technology enhances turf realism and adaptability

What Is Artificial Turf: Market Overview?
Artificial turf refers to synthetic grass surfaces designed to replicate the appearance and feel of natural grass. Artificial turf is widely used as a low-maintenance alternative to natural grass, offering durability and consistency in various environments where maintaining a natural lawn may be impractical or costly.

Artificial turf is utilized by homeowners, business owners, facility managers, sports organizations and municipal authorities. Its uses range from landscaping in residential properties, decorative wall cladding in commercial settings and large-scale installations for sports fields and stadiums. Artificial turf is employed to enhance aesthetic appeal, reduce water consumption and ensure year-round usability in climates or conditions unsuitable for natural grass growth.

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Who Are The Major Companies Operating In The Global Artificial Turf Market?
The top ten competitors in the market made up 32.07% of the total market in 2023. Tarkett Group was the largest competitor with a 6.41% share of the market, followed by:
The Dow Chemical Company.
Victoria PLC.
Hellas Construction (Matrix Turf).
Tencate (Synthetic Grass Warehouse).
CoCreation Grass Corporation.
FieldTurf.
Limonta Sport S.p.A.
Act Global.
SiS Pitches.

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