This report provides exclusive insights into the COVID-19 impact on the Artificial Turf Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Artificial Turf Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Artificial Turf Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on
artificial turf market provides an in-depth analysis of segments and sub-segments
in global as well as regional artificial turf market. The study also highlights
the impact of drivers, restraints and macro indicators on the global and regional
artificial turf market over the short term as well as long term. The report is
a comprehensive presentation of trends, forecast and dollar values of global
artificial turf market. According to the report, the global artificial turf market
is projected to grow at a CAGR of 12.5% over the forecast period of 2018-2024.
Artificial Tuff is a surface material made up from the synthetic
fibers. This artificial turf is used to replicate the grass surface. The
artificial grass is mainly used in the arenas for sports that requires playing
surfaces with the most realistic, sport-specific performance and longest
lasting durability with low maintenance. The artificial turf is also used in
the areas where grass cannot grow, or the maintenance is undesired so they are also
being used on residential lawns and commercial applications.
The artificial turfs provide high quality, low maintenance surface
that reduces the usages of water & pesticides. Rapidly growing adoption of
artificial grass across various playing surfaces including football, golf,
rugby, hockey, multi-purpose school sports fields and in several other sports
areas is driving the growth of the artificial market. In addition, increasing
demand for the eco-friendly and high durability of artificial turf in the
various landscaping applications is likely to escalate the growth of artificial
turf. However, high installation cost and high surface temperature may hamper
the growth of artificial turf. The on-going developments in the materials and
technologies such as the introduction of hybrid artificial turfs are projected to
serve many opportunities for the artificial turf market in upcoming years. The
hybrid artificial turf contents the combination of both natural and the
synthetic grass which is stronger and offers high resistance to damage as
compared to the artificial turf.
Geographically, Europe holds the maximum share in 2017 and is
expected to dominate the artificial turf market over the forecast period. In
the Europe region, France is the major market for artificial turf owing to its
application in the Football and Rugby stadiums. Ruby and the football are the
major games in France and other Europe countries. Upcoming various sports tournaments
in Europe is likely to boost the growth of artificial turf in this region. In
addition, Asia-Pacific is growing at the fastest growing region in terms of CAGR
in the artificial turf market. Blooming sports stadiums and increase investment
in infrastructure are driving the growth of the artificial turf market in the Asia-Pacific Region.
The report on global artificial
turf market covers segments such as types and applications. On the basis of
types, the global artificial turf market is categorized into nylon, polyethylene, and polypropylene. On the basis of applications, the global artificial turf
market is categorized into sports applications, airports, and landscaping.
The countries covered in the North
America region includes the U.S., Canada, and Mexico; while Asia-Pacific
includes China, Japan, India, South Korea, Malaysia, and among others.
Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the
European region. The U.S. drives the growth in the North America region as it
is the largest market in the region. The Asia-pacific region offers substantial
potential for the market growth owing to rapid growth in markets such as India
and China. The APAC region is projected to experience a growth at a CAGR of
x.x% over the period of 2018 - 2024.
The report provides profiles of
the companies in the global artificial turf market such as The DOW Chemical
Company, Victoria PLC (Avalon Grass), Sportsfield Deutschland Holding GmbH
(AstroTurf), FieldTurf, CoCreation Grass Corporation, SALTEX OY, Tarkett
Sports, GrassTex, Shaw Industries, and Matrix Turf.
The report provides deep insights
on demand forecasts, market trends, and micro and macro indicators. In addition,
this report provides insights into the factors that are driving and restraining
the global artificial turf market. Moreover, IGR-Growth Matrix analysis given
in the report brings insight into the investment areas that existing or new
market players can consider. The report provides insights into the market using
analytical tools such as Porter's five forces analysis and DRO analysis of
artificial turf market. Moreover, the study highlights current market trends
and provides forecast from 2018-2024. We also have highlighted future trends in
the artificial turf market that will impact the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight on the market share of the leading players. This report will help
manufacturers, suppliers, and distributors of the artificial turf market to
understand the present and future trends in this market and formulate their