Press release
TIME TO ACT | Artificial Turf Market Forecast 2023 to 2032 By Xcellent Insights
Artificial Turf/ Xcellent Insights
Artificial turf, also known as synthetic grass or fake grass, is a surface made from synthetic fibers that mimic the appearance and feel of natural grass. It is commonly used in sports fields, residential lawns, commercial spaces, and recreational areas. Artificial turf offers several advantages, including low maintenance requirements, consistent appearance throughout the year, and resistance to weather conditions. It eliminates the need for watering, mowing, and fertilizing, making it an environmentally-friendly alternative to natural grass. Additionally, artificial turf is designed to withstand heavy foot traffic and can enhance the aesthetics of outdoor spaces while reducing water consumption and maintenance costs.
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Artificial turf Market was valued at USD 4044 Million in 2022 and is expected to register a CAGR of 13.70 % by 2032.
Artificial turf market key drivers include the increasing demand for low-maintenance landscaping solutions, especially in regions with water scarcity or stringent water restrictions, where natural grass may be impractical to maintain. The growing popularity of sports and recreational activities fuels the demand for durable and all-weather playing surfaces, driving the adoption of artificial turf in sports fields and playgrounds. Environmental concerns and a focus on sustainable practices have led to the use of artificial turf as an eco-friendly alternative to natural grass, conserving water resources and reducing the need for chemical fertilizers and pesticides. The aesthetic appeal and consistent appearance of artificial turf year-round are attractive to homeowners and commercial property owners. Moreover, technological advancements have led to the development of more realistic and comfortable artificial turf materials, further boosting their adoption. Lastly, increased investment in infrastructure development, urbanization, and the expansion of sports facilities contribute to the growth of the artificial turf market.
Market Restraints:
Artificial turf market restraints include concerns about the environmental impact of synthetic materials used in artificial turf, especially related to recycling and end-of-life disposal. There is ongoing debate about the potential health risks associated with certain chemicals used in the production of artificial turf, such as lead and other additives. Additionally, artificial turf may retain heat and become hotter than natural grass, which can be uncomfortable and pose risks of overheating during hot weather. Despite advancements, some consumers still prefer the natural look and feel of real grass, which can limit the adoption of artificial turf in certain settings. The initial installation cost of artificial turf can be higher compared to natural grass, which may discourage budget-conscious customers. Maintenance requirements, although lower than natural grass, still include periodic cleaning and grooming to ensure optimal performance. Lastly, certain sports and activities may not be suitable for artificial turf due to its specific characteristics, limiting its versatility in some scenarios.
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Key Companies
CCGrass
Sport Group Holding
Qingdao Qinghe Artificial Turf Co., Ltd.
TenCate Grass
FieldTurf
Shaw Sports Turf
Sports & Leisure Group
Condor Grass
Victoria PLC
Taishan
Hellas Construction
All Victory Grass
Mighty Grass Co., Ltd.
Jiangsu Vivaturf Artificial Grass
NuTrek's
Sprinturf
Beaulieu International Group
SIS Pitches
ForeverLawn, Inc. (DuPont)
Global Syn-Turf
ACT Global Sports
Controlled Products
Saltex Oy
Guangdong Citygreen Sports Co., Ltd.
Dorelom Group
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Market Segmentation (by Type)
PE Artificial Grass Turf
PP Artificial Grass Turf
Nylon Artificial Grass Turf
Market Segmentation (by Application)
Sports
Leisure & Landscaping
Key Questions Addressed in the Report Include:
Which market segments are generating the most revenue?
What is the geographical outlook for various market segments?
Where are the future investment opportunities considering the recent trends?
What is the effect of various market dynamics on the market and how will the market shape in the future?
Which are Potential & niche segments and regions exhibiting promising growth?
What are the current challenges in the Artificial turf Market?
Who are the major players in the Artificial turf and what does market share analysis looks like?
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About Us:
Xcellent Insights is a global market research and management consulting company offering a plethora of syndicated research reports, customized research reports, consulting services, and useful insights to leading market players, investors, startups, and stakeholders. We cover niche and established markets and identify growth opportunities to help clients make informed decisions and achieve sustainable growth in their respective market domains. We excel in providing in-depth analysis and strive to cover the latest market and industry trends to offer the best services to our clients.
Contact Us:
Name: Mark G
Phone: US: +1 4086277717
UK: +44 2086386439
Email: sales@xcellentinsights.com
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