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Artificial Turf Market

Segmentation By Material (Polyamides , Polypropylene and Polyethylene); By End-User (Contact Sports, Non-Contact Sports, Landscaping and Leisure); By Grass Thickness (Turf grass more than 10 mm, Turf grass less than 25 mm and Turf grass with 25 mm) - Global Demand Analysis & Opportunity Outlook 2027

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Report ID: 995 | Published On: Feb 08, 2023
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Market Segmentation

Our in-depth analysis segmented the global artificial turf market in the following segments:

By Material

  • Polyamides
  • Polypropylene
  • Polyethylene

By End-User

  • Contact Sports
  • Non-Contact Sports
  • Landscaping
  • Leisure

By Grass Thickness

  • Turf grass more than 10 mm
  • Turf grass less than 25 mm
  • Turf grass with 25 mm

By Region

Global artificial turf market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis.

Artificial Turf Market Graph

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Artificial Turf Market Graph
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Market Size and Forecast
cscs

The global artificial turf market is anticipated to expand at a CAGR around 12.8% during 2017-2027. It was valued at about USD 2.5 billion in 2017. The factors such as environment friendly attribute of the artificial turf coupled with increasing replacement of the natural turf with the artificial turf is anticipated to increase the market size during the forecast period.

The global artificial turf market can be segmented on the basis of material, end-user and grass thickness. On the basis of end-user, it is sub-segmented into contact sports, non-contact sports, landscaping and leisure. Contact sports sub-segment is anticipated to grow at the fastest rate on the account of availability of high quality grass surface which offers better playing conditions and saves the players from any injury. The low maintenance associated with artificial turf is the major factor for the contact sports end user sub-segment to lead the artificial turf market globally. On the basis of material, it is sub-segmented into polyamides, polypropylene and polyethylene. Polyamides sub-segment is anticipated to grow at the fastest rate on the account of high melting point and high wear resistance.

By region, global artificial turf market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa. Europe is the leading region for artificial turf market on the account of high popularity of different sports in the region. Asia-Pacific is the fastest growing region in the global artificial turf market on the account of rapid urbanization, increasing sports stadium and increasing investment in the infrastructure development. Additionally, decreasing underground water level and enhancement in the lifestyle is anticipated to further augment the demand for the artificial turf. 


Growth Drivers and Challenges

The various factors anticipated to drive the artificial turf market are replacement of the natural turf with synthetic turfs in sports stadiums as they require less light and water. The environment friendly attributes of the artificial turf is anticipated to drive the global artificial turf market. The rising disposable income in various countries such as China and India is anticipated to increase the demand for the artificial turf. The application of artificial turf in leisure and landscaping structure is anticipated to provide key opportunities for the market players to establish the foothold in the artificial turf market.

However, high surface temperature and high cost of the artificial turf is anticipated to hinder the market growth of the artificial turf during the predicted period.


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Top Featured Companies Dominating The Market

    • Sporturf
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
    • FieldTurf
    • HG Sports Turf
    • Forest Grass
    • Greenfields
    • Turf Products, and Turf Solutions
    • NewGrass
    • GTR Turf
    • TigerTurf Americas
    • SYNLawn
    • Turf & Garden
    • Easigrass
    • SIS Pitches
    • Artificial Lawn
    • Avalon
    • AstroTurf
    • CCGrass
    • GrassTex
    • DuPont
    • Challenger Industries
    • Global Syn-Turf
    • Garden Grass

In The News


Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

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