A recent report published by Infinium Global Research on artificial grass market provides an in-depth analysis of segments and sub-segments in the global as well as regional artificial grass market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional artificial grass 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 grass market. According to the report, the global artificial grass market is projected to grow at a CAGR of 10.5% over the forecast period of 2019-2025.
Artificial grass is a surface of synthetic fibers that acts as an alternative for natural grass. The artificial grass is often used in fields for sports that are normally played on grass. However, nowadays it is been used for residential lawns, gardens, and commercial applications as well. Artificial grass can be effectively used for heavy use, such as in sports and requires no regular maintenance like trimming or irrigation. Most of the indoor stadium or covered stadium requires artificial grass because of the difficulty of getting grass enough sunlight. Along with benefits, artificial turf does have its downside such as limited life, routinely cleaning requirements, safety concerns due use of toxic contents.
Growing demand in the sports field and construction sector is one of the major factors contributing to the growth of the market. Sustainability to harsh conditions and fewer maintenance costs are some factors increasing the use of artificial grass over natural grass in sport fields. Moreover, the rising demand for artificial grass in semi-arid and arid areas is also contributing to the growth of the market. On the other hand impact on the health and environment of artificial grass may hamper the growth of the artificial grass market during the forecast period. However rising demand from townships, commercial centers is expected to further drive the market for artificial grass during the forecast period
Geographically, the artificial grass market is segmented into North America, Europe, Asia-Pacific, and RoW. The Asia Pacific is anticipated to grow with a significant rate in the forecast period. Growing economies such as China, India, Japan and Australia in this region contributing to the growth of the artificial grass market. The market in North America Is driven by an increasing number of sports stadiums, corporate offices, and other sports sectors. The U.S. is the dominating country in terms of market hold in this region. Europe is expected to register healthy growth in the forecast period, owing to the rising adoption of artificial grass.
The report on global artificial grass market covers segments such as installation, application, fiber base material, and infill material. On the basis of installation, the sub-markets include wall cladding, and flooring. On the basis of application, the sub-markets include contact sports, non-contact sports, leisure, and landscaping. On the basis of fiber base material, the sub-markets include polyethylene, polypropylene, and nylon. On the basis of infill material, the sub-markets include petroleum-based infills, sand infill, and plant-based infills.
The report provides profiles of the companies in the market such as Sporturf, FieldTurf, Forest Grass, Greenfields, GTR Turf Inc., TigerTurf Americas, SYNLawn, Turf & Garden, Easigrass, and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an 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 grass market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.