Global Artificial Sports Turf Market 2020 (Includes Business Impact of COVID-19)

  • TBI437809
  • April 29, 2020
  • Global
  • 149 pages
  • Market.US

“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.

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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.

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)

Table of Contents
Chapter 1. Methodology and Scope                  1.1. Research Methodology                  1.2. Research Scope & Assumptions                  1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Artificial Sports Turf Market Outlook                  3.1. Market Segmentation                  3.2. Market Size and Growth Prospects, 2016 - 2027                  3.3. Value Chain Analysis                  3.4. Market Dynamics                      3.4.1. Market driver analysis                      3.4.2. Market restraint analysis        
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