Playing Field: Improvements in Construction Activity Are Anticipated to Provide Stable Demand
Artificial Grass Turf Installation
The Artificial Grass Turf Installation industry includes contractors that install synthetic or artificial grass for sport applications, residential lawns or other commercial properties. Technological improvements at the manufacturing level and an increasing focus on water conservation efforts have driven revenue growth for the industry over the five years to 2019. Moreover, the industry is linked to construction markets, which have increased activity significantly. Over the five years to 2024, industry revenue is forecast to continue to grow. However, a projected increase in interest rates due to Federal Reserve monetary policy is expected to hinder growth for the industry. Furthermore, success for smaller industry operators is anticipated to become more difficult in the years to come, as larger players continue to increase their merger and acquisition activity and form vertically integrated companies with both manufacturing and installation divisions.
This industry is composed of companies that install artificial turf and synthetic grass. The industry includes installation work performed by integrated manufacturers as well as installation work done by operators that source artificial turf and grass from third parties. Manufacturing-related activities are excluded from industry calculations.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Tarkett S.A.
Methodology
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