Global Artificial Sports Turf Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Growth Forecast To 2029

                                          
Global Artificial Sport Turf Market 2021: By Material (Polypropylene, Polyethylene, Nylon), By Product Type (Sand-Filled Turf, Water-Based Turf, Sand-Dressed Turf, Third Generation (3G) Turf), By Application (Football, Hockey, Rugby, Golf, Others (Tennis and American Football)

Global Artificial Sport Turf Market research report in the process of research and completion at Trusted Business Insights. Critical factors have gathered, studied, and assessed and analyzed in depth. Global revenue share as well as revenue shares of each segment, region, and country is provided.  Key trends, revenue growth driving factors, restraints, opportunities, and threats is included. The company profiles of key players comprise detailed information, recent developments, strategies, and acquisitions and mergers etc. The global artificial sports turf market is segmented on the basis of material, product type, application, and regions and countries.Request Covid - 19 Impact

Overview

Artificial turf is a surface that is made of synthetic fibers such as polypropylene, nylon, and polyethylene that makes the appearance of the turf similar to natural grass. It is mostly used for sports such as football, baseball, hockey and golf which are normally played on grass. Artificial turf creates virtual conditions and provides for a grass-like surface for players to practice on. Its application is usually found on sports arenas such as stadiums that are covered or partially covered. Artificial turfs require low or no maintenance, and unlike natural grass, it does not need irrigation or trimming and sunlight to maintain the health of the turf. It is also being used on commercial applications and residential lawns. Its increased demand can be attributed to its high durability, prolonged utility across all weather, eco- friendly, consistent quality and low maintenance. The turf is made from recycled polymers that makes it 100% recyclable and

Global Artificial Sports Turf Market Dynamics

The popularity of sports such as football, hockey, golf, baseball, and many others has been increasing, and though initially played on grass, turf pitches and fields are gaining traction in both, developed and developing economies. This is expected to further result into increasing demand for more durable artificial sports turf owing to availability of more durable materials for manufacturing turf.

However, the probability of players sustaining minor injuries is relatively high on turf and other artificial turf materials, and cost of deployment of artificial turf is high, which can be considered among some of the major factors that can restrict market growth. Adoption of artificial sports turf in residential and commercial sectors is also increasing, which is projected to represent potential revenue opportunities for players operating in the target market.

Global Artificial Sports Turf Market Segment Analysis:

By Material: Among the material segments, the polypropylene segment accounts for highest revenue share currently, and this is attributed to advancements and developments with regard to artificial sports turf for varying applications.

By Product Type: Among the product type segments, the sand-filled turf segment is projected to account for highest revenue share.

By Application: Among the application segments, the football segment is projected to account for highest share in terms of revenue due to the popularity of football increasing as well as a growing fan base, which is supporting adoption of artificial sports turf owing to increasing number of private and public sports arenas and grounds being set up.

Global Artificial Sports Turf Market Regional Analysis:

The market in North America currently accounts for highest revenue share in the global artificial sport turf market, and is projected to maintain its dominance over the forecast period. Asia Pacific is projected to follow North America closely in terms of revenue share, owing to rising popularity of sports and ongoing developments in terms of sports infrastructure as well as various sports being a part of the culture and tradition in countries such as China and India in the region.

Below are the leading companies profiled in this Artificial Sports Turf Market Report:

  
Act Global
  
Artificial Grass.com
  
ASTROTURF
  
AVALON GRASS
  
Berkshire Hathaway Inc.
  
CC Grass
  
Challenger Industries Inc.
  
COCREATION GRASS CORPORATION
  
Creative Recreation Solutions (CRS)
  
FIELDTURF
  
ForeverLawn
  
Global Syn-Turf, Inc.
  
GRASSTEX
  
GREENFIELDS
  
Mondo S.p.A.
  
Royal Ten Cate
  
SiS Pitches
  
Sports Group
  
SPORTURF
  
Support in Sport (UK) Ltd.
  
SYNLAWN
  
Tarkett Group
  
Tencate grass
  
TIGERTURF

Global Artificial Sports Turf Market Segmentation:

By Material

  
Polypropylene
  
Polyethylene
  
Nylon

By Product Type

  
Sand-Filled Turf
  
Water-Based Turf
  
Sand-Dressed Turf
  
Third Generation (3G) Turf

By Application

  
Football
  
Hockey
  
Rugby
  
Golf
  
Others (Tennis and American Football)
This research comprehensively answers the following 9 important questions:

  
Q.1. What are some of the most promising growth trends in the Artificial Sports Turf market worldwide?
  
Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
  
Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
  
Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Artificial Sports Turf market?
  
Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Artificial Sports Turf market?
  
Q.6.What are the emerging trends post COVID-19 reshuffle in this Artificial Sports Turf market and the what are reasons behind these trends and do they translate in global exploration?
  
Q.7. Who are the major global and regional players in the Artificial Sports Turf market? Which are the strategic initiatives key players are pursuing for business growth?
  
Q.8.Which are the competing products in Artificial Sports Turf market and how big of a threat do they pose for loss of market share by material or product substitution?
  
Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Artificial Sports Turf industry?