Artificial Turf Market to Hit USD 7.60 Bn. by 2030, CAGR 9.8 Percent

World Artificial Turf Market Report: Expected to Grow from USD 3.95 Billion in 2023 to Nearly USD 7.60 Billion By 2030, Showing a CAGR of 9.8% The main factors fueling this growth are the increasing adoption of low-maintenance landscaping solutions and the proliferation of sports infrastructure worldwide.

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Growth Drivers & Opportunities in the Market

Artificial turf market is anticipated to register strong growth over the coming years, on account of multiple key drivers. This includes, most importantly, the increasing demand for sustainable and cost-effective alternatives to natural grass." By minimising water use and lowering maintenance costs, artificial turf can potentially ease the burden, and, as such, is an increasingly popular option for both residential and commercial undertakings.

In the sports industry, artificial turf has gained a large share in various sports fields, as its uniform playing conditions and durability make it popular in the sports sector. The resilience to wear and tear as well as harsh weather allows for year-round use, making them especially useful for high-traffic sports fields and multi-purpose venues.

Urban growth and the resulting decrease in green space have also encouraged demand for synthetic turf. The demand for attractive yet low-maintenance urban green spaces has grown as cities have expanded. According to this, artificial grass grows much better in urban areas because it requires no maintenance and improves the aesthetics of the area.

Segmentation Analysis

On the basis of material type, the artificial turf market is segmented into polyethylene, nylon, and polypropylene; On the basis of installation type, it includes loose lay, and glued down; On the basis of infill material, it is categorized into sand, rubber, and other; And on the basis of application, the artificial turf market is categorized into sports, and non-sports.

Material Type: Polyethylene, nylon, polypropylene, etc.material

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Installation Type: Floor and wall cladding.

Filler Material: Sand-based, Rubber-based, and Plant-based.

Applications: Sports, recreation, landscaping, etc.

Polyethylene-based artificial turf, due to their enhanced quality, versatility, and similarity to natural grass, capture a sizeable share in the market. Premium Zircon is the go-to surface for championship fields, home lawns, and playgrounds because of its softness and superb strength.

By application, the sports segment accounted the largest revenue share. This segment is poised to experience the highest growth owing to the requirement of durable, uniform, and low-maintenance playing surfaces capable of withstanding heavy traffic and severe climatic conditions.

Country-Level Analysis

United States: Sustained growth of artificial turf is seen in sports fields, residential landscaping, and commercial landscaping in the U.S. With an increasing focus on water conservation and environmentally friendly landscaping methods, municipalities and homeowners have turned to the artificial turf solution as a feasible substitute for natural grass. Moreover, the rising adoption of organized sports and the demand for year-round playableness surfaces is propelling the adoption of the product in educational institutions and sports complexes.

Germany: Sales of artificial turf in Germany are growing, fueled by the increasing number of sports fields and the replacing of natural grass with synthetic grass. Factors such as the rising inclination towards outdoor games and the demand for ticketite less maintenance surfaces are driving the market growth.

China: The artificial turf market in China is booming with heavy government investment in sports infrastructure and rapid urbanization. Programs to encourage sports and fitness have resulted in new facilities built, many of which have artificial turf due to its durability and low maintenance. Additionally, the expansion of urbanization and the use of artificial turf in commercial and residential landscaping to improve greenery in the areas are the factor expected to drive the growth.

United Kingdom: Growth in the U.K. market is supported by artificial lawn use and adoption at sports facilities and residential areas. Artificial turf is gaining popularity among sports organizations, especially football clubs, to keep the playing surface uniform and save on upkeep. Everyone loves that, so is artificial turf used to tackle the challenge of temperate climate which feels colder in winter and wetter in summer, and is now embarked on gardens, schools, and urban landscaping projects.

Brazil: Artificial turf market in Brazil is growing, as football is a passion in the country and high-quality playing surfaces is a major requirement. The new construction of sports facilities and renovation of existing sports facilities, particularly in advance of international events have been a catalyst in the increased adoption of artificial turf. Additionally, growing urbanization and commercial space are further fuelling the demand for low-maintenance landscaping.

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Competitor Analysis

The artificial turf market is consolidated with the presence of a few major players, who are working on improving their market position through innovation, merger and acquisition.

Shaw Industries Group, Inc.: A leading player, Shaw Industries designs, manufactures and supplies flooring materials along with artificial turf. With a focus on quality and durability, the company offers a wide range of products serving both residential and commercial applications.

Maroon Group LLC: A diversified chemical distribution company, Maroon Group distributes flooring products, including artificial turf tiles and underlays. They specialize in renewable products and high performance for everything from recreation to the lawn.

Sport Group Holding GmbH - A world leader in sports surfaces, Sport Group provides a full range of synthetic turf products Innovative and quality products not only have established the company on the market.

TenCate Grass: Designed for the development, production, and sale of synthetic grass, providing for a range of markets including sports and landscaping. Research and Development The firm invests heavily in its R&D, resulting in state-of-the-art artificial turf solutions.

FieldTurf- as a subsidiary of Tarkett, it is geared toward the sports sector with its artificial turf systems. With performance and safety as their top priority, the company caters to demanding requirements of different sports bodies.

Mergers and acquisitions to expand product portfolios and gain market share are among the market's recent activities. As an example, the acquisition of Act by Beaulieu International Group has strengthened its position in the artificial grass market, especially in sports.

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