Artificial Turf Market Size, Share, Growth Analysis, By Material(Polyethylene, Polypropylene, Nylon), By Application(Residential, Commercial, Sports), By Region - Industry Forecast 2024-2031

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.