openPR Logo
Press release

Global Artificial Turf Market to Reach $5.28 Billion by 2029, Growing at 6% CAGR

Artificial Turf Market Size

Artificial Turf Market Size

What market dynamics are playing a key role in accelerating the growth of the artificial turf market?
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

Foam Tape Industry to Achieve $14.62 Billion Growth by 2029
Foam Tape Industry to Achieve $14.62 Billion Growth by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments. How Will the Foam Tape Market Grow by 2025 in Terms of Size and Growth? In recent times, there has been significant growth in the market size for foam tape. It is projected to escalate from $10.02 billion in 2024 to $10.77 billion in 2025, demonstrating a compound annual growth rate (CAGR)
Continuous Positive Airway Pressure (CPAP) Mask Market Expansion Outlook: $3.85 Billion in 2029
Continuous Positive Airway Pressure (CPAP) Mask Market Expansion Outlook: $3.85 …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments. What Is the Projected CAGR for the Continuous Positive Airway Pressure (CPAP) Mask Market from 2024 to 2025? In recent times, the market size of the continuous positive airway pressure (cpap) mask has seen robust growth. The market is projected to rise from $2.83 billion in 2024 to $3 billion in 2025,
Alkyd Coating Market to Record 7.5% CAGR Growth Through 2029 | Global Analysis Report
Alkyd Coating Market to Record 7.5% CAGR Growth Through 2029 | Global Analysis R …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide. Alkyd Coating Market Outlook: How is the Market Expected to Grow by 2025? The market size of alkyd coatings has experienced significant growth in the past few years. The market is projected to expand from $25.13 billion in 2024 to $26.74 billion in 2025, exhibiting a compound annual growth rate
Water Free Skincare Market Analysis: $22.5 Billion by 2029 With a CAGR of 7%
Water Free Skincare Market Analysis: $22.5 Billion by 2029 With a CAGR of 7%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports. Water Free Skincare Market Value Projection: How Much Will the Market Size by 2025? The market size of waterless skincare has experienced a robust increase in recent years. The expected growth is from $15.96 billion in 2024 to $17.15 billion in 2025, with a compound annual growth rate (CAGR) of 7.5%.

All 5 Releases


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
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 2019-2024| Ten Cate, Shaw Sports Turf, FieldTurf( T …
“Artificial Grass Turf is a surface of synthetic fibers made to look like natural grass. It is most often used in arenas for sports that were originally or are normally played on grass. However, it is now being used on Sports lawns and Landscaping applications as well.” Artificial Grass Turf Market research report highlights the major details and provides in-depth analysis of the market along with the future growth and prospects.
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