Global Artificial Grass Turf Market Overview:
Artificial turf is often viable long‐term alternative to turf, or other landscape options. It is commonly observed as a green product that saves water, and removes chemical inputs. The traditional green filed lawn look all year round without using a lot of water, fertilizer or upkeep, artificial turf is a water saving choice. While artificial or synthetic turf is not for every garden, it is another substitute to the water hungry lawn. Some types are just for looks and can be placed in hard to grow accent areas in the garden while other varieties are intended for leisure activities and putting greens.
Growth Drivers
- Growing Demand from Sports and Residential Sector
- Increasing Interest of Consumers in Playing Outdoor Sports and Unfavorable Climatic Conditions
Market Trends
- Rapid and Evolving Development of Technology in the System
Roadblocks
- Health and Environmental Impact of Artificial Grass
- Increased Risk of Infection and High Cost of Artificial Turfs
Opportunities
- Rising Awareness of Recycling and Desire For Recyclability of Artificial Pitches
- Increased Demand for Landscaping Artificial Grass
Challenges
- High Field Temperatures Associated With Artificial Grass
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies.
Some of the key players profiled in the report are Sports Group (Germany), Tarkett (France), TenCate grass (Netherlands), SiS Pitches (United Kingdom), FieldTurf (United States), CoCreation Grass (China), Victoria PLC (United Kingdom), GardenGrass (France), GrassTex (United Kingdom), DuPont (United States), Challenger Industries (United States), The GreenFields (Netherlands) and Nurteks Hali (Turkey). Analyst at AMA Research see European Vendors to retain maximum share of Global Artificial Grass Turf market by 2026. Considering Market by Raw Material, the sub-segment i.e. Polypropylene will boost the Artificial Grass Turf market. Considering Market by Type of Backing, the sub-segment i.e. Urethane will boost the Artificial Grass Turf market.
What Can be Explored with the Artificial Grass Turf Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Artificial Grass Turf Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Artificial Grass Turf
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Artificial Grass Turf market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Artificial Grass Turf market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Artificial Grass Turf, Suppliers of Artificial Grass Turf, Wholesalers, Distributors and Retailers of Artificial Grass Turf and Yarn Manufacturers.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.