USD 5.1 billion
Artificial Turf Market Size, Share, Growth Analysis, By Material(Polyethylene, Polypropylene, Nylon), By Application(Residential, Commercial, Sports), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15F2105 |
Region:
Global |
Published Date: July, 2036
Pages:
242
|Tables:
63
|Figures:
75
Artificial Turf Market Insights
Artificial Turf Market size was valued at USD 3.11 billion in 2022 and is poised to grow from USD 3.28 billion in 2023 to USD 5.1 billion by 2031, growing at a CAGR of 5.4% in the forecast period (2024-2031).
Rising demand for durable, easy to maintain, and cost-effective flooring products for the use in outdoor applications across the globe are the major factor driving the growth of the global artificial turf market over the forecast period. Increase in use of artificial turf in playgrounds, lawns, and gardens due to their numerous benefits such as save water, ease-to-use, long life, and eliminates harmful fertilizers is also likely to be a key driving factor for the market in the coming years.
Furthermore, infrastructure development couple with the growth in construction sector is another key factor favoring the market growth for artificial turf. Artificial turf has gained a high demand in the construction projects for houses, playgrounds, sports arenas, and commercial gardens. According to our findings, the global construction industry was valued at USD 7.3 trillion in 2019 and is expected to reach USD 12.6 trillion by 2031. Thus, this increase in construction industry is expected to have a positive impact on the global artificial turf market during the forecast period.
In addition, rising popularity of sporting events for games such as cricket, football, rugby, hockey, and golf is also contributing to the growth of the global artificial turf market. Many new artificial turfs are being set up and install for soccer and rugby grounds, with the most notable development being the usage of artificial turfs for the FIFA World Cup and FIFA Women’s World Cup.
US Artificial Turf Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Polypropylene
Fastest Growth
Polypropylene
Growth Rate
5.4
Global Artificial Turf Market 2024-2031 ($ Bn)
Country Share for Europe Region- 2024 (%)
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Artificial Turf Market Segmental Analysis
Global artificial turf market is segmented on the basis of material, application, and region. By material, the market is segmented into polyethylene, polypropylene, and nylon. By application, the market is categorized into residential, commercial, and sports. By region, the Artificial Turf Market is divided into North America, Europe, Asia pacific, Latin America, and MEA.
Artificial Turf Market Analysis by Material
By material type, polyethylene segment accounted for the largest share of the market in 2021 due to the superior characteristics of the material such as resilience, high durability, and softness. Furthermore, polyethylene is highly resistant to water absorption, durable than polypropylene, and softer than nylon, which makes it a perfect choice for variety of applications. Therefore, the demand for polyethylene is expected to gain a significant growth rate during the forecast period.
Moreover, nylon holds the second largest market share because of their properties such as resistant to UV radiation, most heat resistant material, and much longer colour life. In addition, innovations in materials for long colour holding, high-melting point, and wear resistant are further projected to drive the market growth of artificial turf.
Artificial Turf Market Analysis by Application
By application, the sports segment held the largest market share in 2021 at a healthy CAGR and is expected to maintain its dominance throughout the forecast period. Increasing participation in several sports events by young generation across the globe has created lucrative opportunities for the growth of the market in the coming years. Development of new sports arenas and grounds for playing outdoor sports including rugby, soccer, and tennis has led to the growing demand for artificial turf.
Global Artificial Turf Market By Materials, 2024 (%)
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Artificial Turf Market Regional Insights
Globally, Europe accounted for the largest market share in terms of revenue in 2021 and is projected to grow at a significant CAGR during the forecast period. Presence of a huge number of sports arenas, stadiums, switching trends from natural to synthetic grass, and rising popularity of sports among young generation are some of the major factors driving the growth of the market in the region. According to a data by Germany’s Presidency of the Council of European Union, in 2018, there were around 91,000 sports club running in Germany, and is expected to reach 100,000 sports club by 2023.
Furthermore, Asia Pacific is expected to register a significant growth rate over the forecast period owing to growing constructions and rising investments by international companies in the region. In addition, rising government support for the development of sports activities in countries such as India, China, and Brazil is further driving the demand of global artificial turf market.
Global Artificial Turf Market By Geography, 2024-2031
- Largest
- Fastest
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Artificial Turf Market Dynamics
Artificial Turf Market Drivers
- Artificial turf has become more and more popular because of the high adoption in sports and construction sector across the globe. The factors such as long-lasting product, lower maintenance cost, and fabulous look are the major reasons for the growth of the global artificial turf market over the forecast period. The use of artificial turf is most preferred option for playgrounds and sports arenas in place of natural grass because natural grass requires pesticides, herbicides, and fertilizers to stay attractive and good enough for playing.
- The rising popularity of various sporting events for games such as football, hockey, rugby, and golf is also expected to be the driving factor for the market in the coming years. In the recent years, the number of sporting events has increased across the world, which is having a positive impact on the global market.
Artificial Turf Market Restraint
- Factors such as lower resistance, harshness on the skin, and high initial cost for the installation are some of the major restraints to the global artificial turf market during the forecast period. Artificial grass has very low resistance to heat and rigidity as compared to natural grass and it is projected to hinder the growth of the market.
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Artificial Turf Market Competitive Landscape
The global artificial turf market is fairly competitive with the top 5 players of market accounted for more than 45% of market share, and Tarkett Group is a major leading player in the global market. Key players of market are mainly focusing on the expansion, mergers & acquisition, and new product launches as key strategies to get command on higher market share and fulfil their customers need. Moreover, research & development activities for the advancements in the technologies are another factor on which key players are likely to implement over the forecast period.
Top Players in the Artificial Turf Market
- Tarkett SA
- Shaw Industries Group Inc.
- Controlled Products LLC
- ACT Global Sports
- Polytan GmbH
- Forest Grass
- Beaulieu International Group
- CoCreation Grass Corporation
- FieldTurf
- SIS Pitches
- Domo Sports Grass
- Limonta Sport S.p.A.
- Edel Grass B.V.
- Taishan Artificial Turf Industry Co. Ltd.
- Nurteks Hali San. Ve Tic. A.S.
- Victoria PLC
- Sports Field Holdings Inc.
- TenCate Grass
- Matrix Turf
- Global Syn-Turf
Artificial Turf Market Recent Developments
- In May 2022, SYNLawn, the leading manufacturer and unrivaled innovator company of artificial grass in North America, announced that the company, through SYNLawn Southern Nevada will expand their service to Reno and Las Vegas areas, after a long number of years of successfully operating in the Southern Nevada.
- In September 2022, Sentinel Capital partners, a private equity firm that invest in promising and reliable mid-market companies, announced about their acquisition of the Recreational Group, a leading manufacturer of recreational surfacing products.
Artificial Turf Key Market Trends
- Increasing demand for the replacement of natural grass with artificial turf is the prominent factors responsible for the boost in the market. Artificial grass doesn’t require much maintenance, as an inability to grow means that cutting for them is also not required. In addition, many people have allergy with the natural grass which can be solved by using artificial grass.
- Rising awareness regarding health issues has inclined people to get into the sports activities, which has led to the increase in the demand for fully equipped stadiums and sports fields. The rise in the demand is anticipated to propel market growth for the artificial turf. According to FIFA, about 265 million people play sports in various categories and in the U.S., around 25% of total population take part in the sporting activities.
Artificial Turf Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the global artificial turf market is witnessing a significant growth during the forecast period owing to rise in health awareness among people, growth in construction sector, and several number of sporting events happening across the globe. In addition, the challenges associated with natural grass such as high maintenance cost, use of fertilisers, frequent cutting, and grass allergies has also created lucrative opportunities for the artificial turf to replace the original from the artificial one. However, complications come under an artificial turf like sinking holes and spots, foul odour, lifted edges, and drainage problems are expected to have a negative impact on the global market in the near future.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 3.11 billion |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Artificial Turf Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Artificial Turf Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Artificial Turf Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Artificial Turf Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Artificial Turf Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Artificial Turf Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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