A Global Artificial Grass Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Artificial Grass industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Artificial Grass market, this study covers qualitative and quantitative aspects of the Artificial Grass market. In addition to historical data from 2017 to 2018, the research study provides an accurate forecast until 2027 for the Artificial Grass market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
The global artificial grass market size was USD 4.05 Billion in 2021 and is expected to register a revenue CAGR of 6.72% during the forecast period, according to the latest analysis by Emergen Research. Market revenue growth is primarily driven by rising demand for recyclable, sustainable, eco-friendly, and temperature-resistant artificial grass materials. Artificial turf is resistant to low temperatures and can be used in all weather conditions, which is ideal for commercial and home landscaping. Development of fire retardant synthetic grass is creating opportunities for the market to grow. For example, on 28 April 2022, ResiGrass, which is based in Belgium launched high-quality natural-looking artificial grass with fire-resistant properties. In addition, rising demand for commercial landscaping solutions is driving revenue growth in the market. Moreover, biodegradable and recyclable artificial turfs are environment-friendly, low maintenance, and available in a variety of sizes. It also increases aesthetic appeal and adds a calming and relaxing effect to residential and commercial complexes.
Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Artificial Grass industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Artificial Grass industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Artificial Grass industry.
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The report offers a panoramic view of the competitive landscape of the industry and a detailed analysis of the key players of the market based on their revenue, profit margins, financial standing, global market position, RD activities, and product portfolio. It also covers their strategic endeavors such as mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and product launches and brand promotions, among others. The key players profiled in the report are
Namgrass, P.K. Versi Turf Private Limited, Ross NW Watergardens, Tarkett, Sport Group, Altius Sports, Artificial Grass Liquidators, Crestview Advisors, L.L.C, CCGrass, SIS Pitches, Turf Green, and Victoria PLC
Global Artificial Grass Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- RD Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
The Global Artificial Grass Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Artificial Grass market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Artificial Grass market expected to boost the growth of the industry in the coming years.
Artificial Grass Market Segmentation:
Fiber Material Outlook (Revenue, USD Billion; 2019–2030)
- Polyethylene
- Nylon
- Polypropylene
- Others
Infill material Outlook (Revenue, USD Billion; 2019–2030)
- Plant-based Infills
- Petroleum-based Infills
- Sand-based Infills
- Others
Application Outlook (Revenue, USD Billion; 2019–2030)
- Sports Court
- Indoor Outdoor Garden
- Swimming Pools
- Landscaping
- Others
Key insights presented in the report:
- Market revenue shares by major business players, by type, by application, and market scope of global Artificial Grass market
- Sales revenue by key players and new entrants
- Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
- Recent mergers, acquisitions, product launches, recent investments, and joint ventures
- Regional analysis to provide insight into recent trends and opportunities
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
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Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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