The Artificial Grass Market is poised for substantial growth between 2024 and 2032, as highlighted by this comprehensive study. Projections indicate a notable increase in market size, accompanied by a growing market share. The industry is expected to experience robust growth, driven by emerging trends and opportunities that respond to the dynamic demands of consumers. Forecasts emphasize sustained demand, indicating a favorable environment for industry expansion.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the artificial grass market include Act Global, Controlled Product, sDowDuPont, El Espartano, Limonta, Matrix Turf, Nurteks Hali, Shaw Industries Group, SIS Pitches, Soccer Grass, SportGroup, Sportlink, Tarkett, TigerTurf and Victoria PLC. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
The growing number of sports fields and pitches around the globe, increasing applications of artificial grass, recycling of artificial pitches and development of different solutions for infill material are driving the market growth. Rising demand for water conservation and price compensation of artificial grass are also propelling the market growth. In addition, advanced technologies and supporting infrastructure for promoting sports, mainly football, is another factor fueling the demand in the market. Though, increasing chances for infrastructural advancement against the growing temperature creates ample opportunities for the market. However, the impact of artificial grass on health and environment and huge field temperature related to artificial grass are hampering the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of artificial grass.
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Market Segmentation
The broad artificial grass market has been sub-grouped into installation, fiber base material, infill material and applications. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Installation
· Flooring
· Wall Cladding
By Fiber Base Material
· Polyethylene
· Polypropylene
· Nylon
By Application
· Contact Sports
· Non-contact Sports
· Leisure
· Landscaping
By Infill Material
· Petroleum-based infill
· Sand infill
· Plant-based infill
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for artificial grass in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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