The artificial turf market was valued at US$ 3.25 Bn in 2017 and will be reaching US$ 8.56 Bn in 2026 growing at a CAGR of 10.5% during the forecast period from 2018 to 2026.
Market Insights
The artificial turf market stood at US$ 3.25 Bn in 2017 and expected to reach US$ 8.56 Bn in 2026 growing at a CAGR of 10.5% during the forecast period from 2017 to 2026. In recent years, artificial turfs are finding increased application across sports stadiums and commercial playground surfaces. Artificial turfs provide numerous advantages over natural grass. As compared to natural grass, artificial turfs involve a much lesser maintenance cost. Moreover, other benefits such as versatility & preparation and weather utility further leading to the increasing adoption of artificial turfs. These turfs have a low environmental impact as they are recyclable, need less water and reduce the use of fertilizers and pesticides. This has led to the increasing application of artificial turfs across, homes, golf courses, businesses, and public spaces. Rising urbanization is another prominent factor aiding the artificial turf market positively. This factor is particularly evident in developing countries where artificial turfs are increasingly being used for landscaping purposes. Growth in the number of sports events across the world and stadiums switching to artificial turfs are two prominent factors complimenting the artificial turf market growth. For instance, US Bank Stadium is expected to install a new artificial turf in 2019. Reports suggest that the current turf was purchased for US$1.5 million. Similarly, Boise State University’s athletic stadium is expected to install a new blue artificial turf at the stadium in 2019. The installation would cost US$600,000 to $1 million.
By material type, the polyethylene segment held the largest market share in 2017. Polyethylene on account of its characteristics such as softness, durability, and resiliency is the most preferred when it comes to turf material type. On the other hand, factors such as excellent wear resistance, high melting point, and long color holding capacity would contribute to the growth of the polyamides segment in the coming years.
In terms of geography, Europe accounted for the largest market in 2017. The region houses a large number of sports stadiums. Moreover, many leading artificial turf manufacturers such as Victoria PLC, Tarkett, SportGroup and SIS Pitches among others are headquartered in the region. The growing number of commercial playground surfaces, high investment in infrastructure and rapid urbanization would drive the growth of the artificial turf market in the Asia Pacific. Countries such as India and China helped by the growth of the construction sector and rising disposable income would lead to this growth.
Key players profiled in the report include Shaw Industries, Tarkett, SIS Pitches Dowdupont, Victoria PLC, ACT Global, Tigerturf, Sport Group, Matrix Turf, Soccer Grass and Nurteks Hali among others.
This product will be delivered within 2 business days.
Market Insights
The artificial turf market stood at US$ 3.25 Bn in 2017 and expected to reach US$ 8.56 Bn in 2026 growing at a CAGR of 10.5% during the forecast period from 2017 to 2026. In recent years, artificial turfs are finding increased application across sports stadiums and commercial playground surfaces. Artificial turfs provide numerous advantages over natural grass. As compared to natural grass, artificial turfs involve a much lesser maintenance cost. Moreover, other benefits such as versatility & preparation and weather utility further leading to the increasing adoption of artificial turfs. These turfs have a low environmental impact as they are recyclable, need less water and reduce the use of fertilizers and pesticides. This has led to the increasing application of artificial turfs across, homes, golf courses, businesses, and public spaces. Rising urbanization is another prominent factor aiding the artificial turf market positively. This factor is particularly evident in developing countries where artificial turfs are increasingly being used for landscaping purposes. Growth in the number of sports events across the world and stadiums switching to artificial turfs are two prominent factors complimenting the artificial turf market growth. For instance, US Bank Stadium is expected to install a new artificial turf in 2019. Reports suggest that the current turf was purchased for US$1.5 million. Similarly, Boise State University’s athletic stadium is expected to install a new blue artificial turf at the stadium in 2019. The installation would cost US$600,000 to $1 million.
By material type, the polyethylene segment held the largest market share in 2017. Polyethylene on account of its characteristics such as softness, durability, and resiliency is the most preferred when it comes to turf material type. On the other hand, factors such as excellent wear resistance, high melting point, and long color holding capacity would contribute to the growth of the polyamides segment in the coming years.
In terms of geography, Europe accounted for the largest market in 2017. The region houses a large number of sports stadiums. Moreover, many leading artificial turf manufacturers such as Victoria PLC, Tarkett, SportGroup and SIS Pitches among others are headquartered in the region. The growing number of commercial playground surfaces, high investment in infrastructure and rapid urbanization would drive the growth of the artificial turf market in the Asia Pacific. Countries such as India and China helped by the growth of the construction sector and rising disposable income would lead to this growth.
Key players profiled in the report include Shaw Industries, Tarkett, SIS Pitches Dowdupont, Victoria PLC, ACT Global, Tigerturf, Sport Group, Matrix Turf, Soccer Grass and Nurteks Hali among others.
This product will be delivered within 2 business days.
Table of Contents
Chapter 1 Preface1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Artificial Turf Market
2.2 Global Artificial Turf Market, By Material Type, 2017
2.3 Global Artificial Turf Market, By Installation, 2017
2.4 Global Artificial Turf Market, By Application, 2017
2.5 Global Artificial Turf Market, By Geography, 2017
Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global Artificial Turf Market Value, 2016 – 2026
3.2 Market Drivers
3.3 Market Challenges
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends and Future Outlook
3.5 Attractive Investment Proposition, by Geography
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Artificial Turf Market Analysis, by Material Type, 2016 – 2026
4.1 Overview
4.2 Polyethylene
4.3 Polypropylene
4.4 Polyamides
Chapter 5 Global Artificial Turf Market Analysis, by Installation, 2016 – 2026
5.1 Overview
5.2 Wall Cladding
5.3 Flooring
Chapter 6 Global Artificial Turf Market Analysis, by Application, 2016 – 2026
6.1 Overview
6.2 Contact Sports
6.3 Non-contact Sports
6.4 Leisure and Landscaping
Chapter 7 North America Artificial Turf Market Analysis, 2016 – 2026
7.1 Overview
7.2 North America Artificial Turf Market Analysis, By Material Type, 2016 – 2026
7.2.1 Market Analysis
7.3 North America Artificial Turf Market Analysis, By Installation, 2016 – 2026
7.3.1 Market Analysis
7.4 North America Artificial Turf Market Analysis, By Application, 2016 – 2026
7.4.1 Market Analysis
7.5 North America Artificial Turf Market Analysis, By Country, 2016 – 2026
7.5.1 U.S.
7.5.2 Canada
Chapter 8 Europe Artificial Turf Market Analysis, 2016 – 2026
8.1 Overview
8.2 Europe Artificial Turf Market Analysis, By Material Type, 2016 – 2026
8.2.1 Market Analysis
8.3 Europe Artificial Turf Market Analysis, By Installation, 2016 – 2026
8.3.1 Market Analysis
8.4 Europe Artificial Turf Market Analysis, By Application, 2016 – 2026
8.4.1 Market Analysis
8.5 Europe Artificial Turf Market Analysis, By Region/Country, 2016 – 2026
8.5.1 U.K.
8.5.2 Germany
8.5.3 France
8.5.4 Rest of Europe
Chapter 9 Asia Pacific Artificial Turf Market Analysis, 2016 – 2026
9.1 Overview
9.2 Asia Pacific Artificial Turf Market Analysis, By Material Type, 2016 – 2026
9.2.1 Market Analysis
9.3 Asia Pacific Artificial Turf Market Analysis, By Installation, 2016 – 2026
9.3.1 Market Analysis
9.4 Asia Pacific Artificial Turf Market Analysis, By Application, 2016 – 2026
9.4.1 Market Analysis
9.5 Asia Pacific Artificial Turf Market Analysis, By Region/Country, 2016 – 2026
9.5.1 China
9.5.2 Japan
9.5.3 India
9.5.4 Rest of Asia Pacific
Chapter 10 Rest of the World (RoW) Artificial Turf Market Analysis, 2016 – 2026
10.1 Overview
10.2 RoW Artificial Turf Market Analysis, By Material Type, 2016 – 2026
10.2.1 Market Analysis
10.3 RoW Artificial Turf Market Analysis, By Installation, 2016 – 2026
10.3.1 Market Analysis
10.4 RoW Artificial Turf Market Analysis, By Application, 2016 – 2026
10.4.1 Market Analysis
10.5 RoW Artificial Turf Market Analysis, By Country, 2016 – 2026
10.5.1 Middle East & Africa (MEA)
10.5.2 Latin America
Chapter 11 Company Profiles
11.1 Tarkett
11.2 Dowdupont
11.3 Shaw Industries
11.4 Victoria PLC
11.5 Sport Group
11.6 ACT Global
11.7 SIS Pitches
11.8 Tigerturf
11.9 Matrix Turf
11.10 Soccer Grass
11.11 Nurteks Hali
List of Figures
FIG. 1 Global Artificial Turf: Market Segmentation
FIG. 2 Global Artificial Turf Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Artificial Turf Market, By Material Type, 2017 (US$ Bn)
FIG. 5 Global Artificial Turf Market, By Installation, 2017 (US$ Bn)
FIG. 6 Global Artificial Turf Market, By Application, 2017 (US$ Bn)
FIG. 7 Global Artificial Turf Market, By Geography, 2017 (US$ Bn)
FIG. 8 Global Artificial Turf Market Value, 2016 – 2026, (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography
FIG. 10 Market Positioning of Key Artificial Turf Manufacturers, 2017
FIG. 11 Global Artificial Turf Market Value Contribution, By Material Type, 2017 & 2026 (%)
FIG. 12 Global Polyethylene Artificial Turf Market Value, 2016 – 2026, (US$ Bn)
FIG. 13 Global Polypropylene Artificial Turf Market Value, 2016 – 2026, (US$ Bn)
FIG. 14 Global Polyamides Artificial Turf Market Value, 2016 – 2026, (US$ Bn)
FIG. 15 Global Artificial Turf Market Value Contribution, By Installation, 2017 & 2026 (%)
FIG. 16 Global Wall Cladding Artificial Turf Market Value, 2016 – 2026, (US$ Bn)
FIG. 17 Global Flooring Artificial Turf Market Value, 2016 – 2026, (US$ Bn)
FIG. 18 Global Artificial Turf Market Value Contribution, By Application, 2017 & 2026 (%)
FIG. 19 Global Artificial Turf Market Value from Contact Sports, 2016 – 2026, (US$ Bn)
FIG. 20 Global Artificial Turf Market Value from Non-contact Sports, 2016 – 2026, (US$ Bn)
FIG. 21 Global Artificial Turf Market Value from Leisure and Landscaping, 2016 – 2026, (US$ Bn)
FIG. 22 North America Artificial Turf Market Value, 2016 – 2026, (US$ Bn)
FIG. 23 Europe Artificial Turf Market Value, 2016 – 2026, (US$ Bn)
FIG. 24 Asia Pacific Artificial Turf Market Value, 2016 – 2026, (US$ Bn)
FIG. 25 RoW Artificial Turf Market Value, 2016 – 2026, (US$ Bn)List of Tables
TABLE 1 Market Snapshot: Global Artificial Turf Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Artificial Turf Market Value, By Material Type, 2016 – 2026 (US$ Bn)
TABLE 5 North America Artificial Turf Market Value, By Installation, 2016 – 2026 (US$ Bn)
TABLE 6 North America Artificial Turf Market Value, By Application, 2016 – 2026 (US$ Bn)
TABLE 7 North America Artificial Turf Market Value, By Country, 2016 – 2026 (US$ Bn)
TABLE 8 Europe Artificial Turf Market Value, By Material Type, 2016 – 2026 (US$ Bn)
TABLE 9 Europe Artificial Turf Market Value, By Installation, 2016 – 2026 (US$ Bn)
TABLE 10 Europe Artificial Turf Market Value, By Application, 2016 – 2026 (US$ Bn)
TABLE 11 Europe Artificial Turf Market Value, By Region/Country, 2016 – 2026 (US$ Bn)
TABLE 12 Asia Pacific Artificial Turf Market Value, By Material Type, 2016 – 2026 (US$ Bn)
TABLE 13 Asia Pacific Artificial Turf Market Value, By Installation, 2016 – 2026 (US$ Bn)
TABLE 14 Asia Pacific Artificial Turf Market Value, By Application, 2016 – 2026 (US$ Bn)
TABLE 15 Asia Pacific Artificial Turf Market Value, By Region/Country, 2016 – 2026 (US$ Bn)
TABLE 16 RoW Artificial Turf Market Value, By Material Type, 2016 – 2026 (US$ Bn)
TABLE 17 RoW Artificial Turf Market Value, By Installation, 2016 – 2026 (US$ Bn)
TABLE 18 RoW Artificial Turf Market Value, By Application, 2016 – 2026 (US$ Bn)
TABLE 19 RoW Artificial Turf Market Value, By Region, 2016 – 2026 (US$ Bn)
TABLE 20 Tarkett: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 21 Dowdupont: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 22 Shaw Industries: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 23 Victoria PLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 24 Sport Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 25 ACT Global: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 26 SIS Pitches: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 27 Tigerturf : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 28 Matrix Turf: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 29 Soccer Grass: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 30 Nurteks Hali: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
Companies Mentioned
- Tarkett
- Dowdupont
- Shaw Industries
- Victoria PLC
- Sport Group
- ACT Global
- SIS Pitches
- Tigerturf
- Matrix Turf
- Soccer Grass
- Nurteks Hali
