Press release
Global Artificial Turf Market to Reach $5.28 Billion by 2029, Growing at 6% CAGR
Artificial Turf Market Size
The growth of the artificial turf market is projected to surge with the rise in urbanization. This phenomenon involves the shift of a significant portion of the population from rural zones to urban hubs, resulting in the enlargement and advancement of cities. Factors accelerating urbanization include better job prospects, enhanced quality of living, access to amenities and infrastructure, and the pursuit of an improved lifestyle in city environments. The necessity for artificial turf arises from the escalating demand for green and recreational spaces within the densely populated urban locales where natural grass upkeep is problematic. For example, a 2022 report from the US-based global entity, the World Bank, indicates that over half of the global population live in urban areas. This number is projected to hit 6 billion by 2045, marking a 1.5 times growth. It is anticipated that by 2030, there will be an extra 1.2 million km2 of urban built-up area, as the demand for urban land is predicted to expand at a pace nearly 50% swifter than the population growth. Hence, this surge in urbanization is fueling the artificial turf market's expansion.
Get Your Artificial Turf Market Report Here:
https://www.thebusinessresearchcompany.com/report/artificial-turf-global-market-report
How will the growth rate of the artificial turf market shape industry trends by 2034?
In recent times, there has been a significant expansion in the size of the artificial turf market. The market value is projected to increase from $3.92 billion in 2024 to $4.18 billion in 2025, growing at a compound annual growth rate (CAGR) of 6.5%. Several factors have contributed to the historic period growth, including the development of sports infrastructure, enhancements in landscaping and appealing aesthetics, preservation of water, ability to stand up to different weather conditions, increasing urbanization leading to fewer green spaces, and lowering of maintenance costs.
The market size for artificial turf is projected to experience significant expansion in the coming years. By 2029, it is projected to increase to $5.28 billion, with a compound annual growth rate (CAGR) of 6.0%. Factors contributing to this growth during the forecast period include considerations for climate change, an increase in sporting events, commercial and residential development, expansion of public parks and recreational areas, and health and safety considerations. The forecast period is also expected to see major trends such as improvements in turf technology, development in technology and materials, eco-friendly turf solutions, turf solutions that are safe for pets, and a heightened emphasis on safety and performance.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6270&type=smp
What trends are poised to drive the future success of the artificial turf market?
The sphere of artificial turf is being transformed and shaped through progressive advancements in technology and ongoing novel developments. Enterprises operating within the turf or grass sector are incorporating this trend in order to offer their customers superior quality and genuine value with distinct products, which include unparalleled lifetime warranties, dedication towards sustainability, and top security ratings in the industry. For example, TigerTurf, a synthetic grass manufacturing company based in New Zealand, introduced 3G artificial grass in April 2023. This company has engineered 40mm and 50mm artificial grass surfaces with two extraordinarily sturdy yarn fibers-monofilament and fibrillated tape. This unique design decreases infill splash and accommodates the use of alternate organic performance infills.
Which primary segments of the artificial turf market are driving growth and industry transformations?
The artificial turf market covered in this report is segmented -
1) By Material Type: Polyethylene, Polypropylene, Nylon, Other Materials
2) By Installation: Flooring, Wall Cladding
3) By Application: Residential, Commercial, Sports
Subsegments:
1) By Polyethylene: Monofilament Polyethylene, Polyethylene Blends, High-Density Polyethylene (HDPE)
2) By Polypropylene: Homogeneous Polypropylene, Polypropylene Blends, UV-Stabilized Polypropylene
3) By Nylon: Nylon 6, Nylon 66, Nylon Blends
4) By Other Materials: Rubber Infills, Hybrid Turf Combinations, Eco-Friendly Materials
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6270
Which geographical regions are pioneering growth in the artificial turf market?
Western Europe was the largest region in the artificial turf market in 2024. The regions covered in the artificial turf market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the artificial turf market landscape?
Major companies operating in the artificial turf market include Taishan Sports Industry Group Co. Ltd., DuPont Inc., Shaw Industries Group Inc., Tarkett S.A., CoCreation Grass Co. Ltd., Victoria PLC, TenCate Grass B.V., SIS Pitches Limited, Limonta Sport S.p.A., ForeverLawn Inc., Edel Grass B.V., Sprinturf LLC, CCGrass, Synthetic Grass Warehouse, Act Global LLC, Nurteks Hali Sanayi ve Ticaret A.S., GreenFields BV, Hatko Sport Inc., Domo Sports Grass, GrassTex, Sporturf, Challenger Turf Inc., K&B JUNWOO Co. Ltd., ForestGrass, Rekortan GmbH, Matrix Turf Inc., SportsGrass, Soccer Grass, Condor Grass, Artificial Grass Direct, Easigrass, Artificial Lawn Company, Beaulieu International Group, Controlled Products LLC
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=6270&type=smp
What Is Covered In The Artificial Turf Global Market Report?
• Market Size Forecast: Examine the artificial turf market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the artificial turf market for a structured understanding.
• Key Players Overview: Analyze major players in the artificial turf market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the artificial turf market.
• Segment Contributions: Evaluate how different segments drive overall growth in the artificial turf market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the artificial turf market.
• Industry Challenges: Identify potential risks and obstacles affecting the artificial turf market.
• Competitive Landscape: Review strategic developments in the artificial turf market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Artificial Turf Market to Reach $5.28 Billion by 2029, Growing at 6% CAGR here
News-ID: 3903125 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Grass
Lawn Grass Turf Grass Market Size by Type, Application, and Regional Outlook
According to Market Research Intellect, the global Lawn Grass Turf Grass market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The lawn grass and turf grass market is experiencing steady growth driven by increasing urbanization and…
Artificial Lawns Market Poised for Robust Growth from 2024 to 2030 | ACT Global …
The Report on "Artificial Lawns Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
The artificial lawns market is experiencing rapid growth due to the rising demand for low-maintenance landscaping solutions and increasing concerns regarding water conservation. Artificial lawns offer several advantages over natural grass, including reduced water consumption, minimal maintenance requirements, and…
Hybrid Grass Market Strategic Assessment, Strong Revenue [ SIS Grass, Polytan Gm …
Latest Study on Industrial Growth of Hybrid Grass Market 2022-2029. A detailed study accumulated to offer Latest insights about acute features of the Hybrid Grass market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments…
Global Artificial Grass Market 2019 Top Key Players: Ten Cate, Shaw Sports Turf, …
Summary
WiseGuyReports.com adds “Artificial Grass Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database.
This report provides in depth study of “Artificial Grass Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Artificial Grass Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the…
Artificial Grass Turf Market Analysis, share, and Forecast Insights & key player …
Artificial Grass Turf Market Overview
The Artificial Grass Turf Market covers various sorts of merchandise being used in the decorative lands and turf farms to shield them, by controlling the populace of organisms taken into consideration of dangerous or the ones that could damage or adversely affect their health. Primarily based on kind, the turf and Artificial grass protection marketplace is segmented into the turf and decorative.
Insecticides constitute the most…
Lawn Grass & Turf Grass Market Report 2018-2025- Analysis By Top Key Player Like …
UpMarketResearch offers a latest published report on “Global Lawn Grass & Turf Grass Market Analysis and Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 119 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Get Free Exclusive PDF Sample Copy of This Report https://www.upmarketresearch.com/home/requested_sample/6369
Lawn Grass & Turf Grass…
