+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Artificial Turf Global Market Report 2023

  • PDF Icon

    Report

  • 200 Pages
  • March 2023
  • Region: Global
  • The Business Research Company
  • ID: 5751619

Quick Summary:

In today's dynamic global economy, the demand for comprehensive, data-driven insights into industry trends and patterns is more critical than ever. For decision-makers in the artificial turf sector, our extensively researched and well-articulated market report offers a lucid understanding of the evolving business environment, market engagements by key players, and future growth prospects.

The report delves deep into the study of key players in the artificial turf industry who have shown substantial growth, those include DowDuPont, Tarkett, and Victoria PLC, amongst others. Additionally, it elaborates on the wide-ranging applications of artificial turf, ranging from sports stadiums to residential and commercial landscaping. The report tracks the growth trajectory this market has embarked on and paints a comprehensive picture of potential opportunities and threats.

Trust us in helping you make informed business decisions with our detailed market research report on the artificial turf industry, encapsulating past trends, current market scenarios, and predictive analysis for future growth. Stay ahead of the curve with our meticulously compiled data and analysis – your valuable toolset for strategic planning and competitive advantage.

Major players in the artificial turf market are DowDuPont, Tarkett, Victoria PLC, Act Global, SIS Pitches, Matrix Turf, Nurteks Hali, Limonta, Challenger Turf Inc., ForeverLawn, K&B JUNWOO Co. Ltd., GreenFields BV, Hatko Sport, CoCreation Grass Co Ltd., and SIS Pitches.

The global artificial turf market grew from $4.49 billion in 2022 to $4.87 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The artificial turf market is expected to grow to $6.83 billion in 2027 at a CAGR of 8.8%.

The artificial turfsmarket consists of sales of polyamide, polybutylene, and Teflon. Values in this market are ‘factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Artificial turf refers to any of several synthetic, carpet-like materials used to cover patios, football and baseball fields, and other surfaces to simulate turf made from eco-friendly materials that can be used in all kinds of weather due to their high durability and all-weather utility, making them a popular choice for commercial and residential purposes such as landscaping and lawns.

Western Europe was the largest region in the artificial turf market in 2022. The regions covered in the artificial turf market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main types of material used in artificial turfs are polyethylene, polypropylene, nylon, and others. Polyethylene is a thermoplastic with a variable crystalline structure that is lightweight and durable. Polyethylene artificial turfs are realistic-looking grass. Due to its properties such as water absorption, toughness, and ductile strength, this is generally used for landscaping and lawns. Artificial turfs are installed in floors and wall cladding for residential, commercial, and sports applications.

The replacement of natural grass with artificial turf in sports stadiums is expected to propel the growth of the artificial turf market. Artificial turf offers social and health benefits in terms of the capacity to sustain heavy use and accessibility of the sports stadiums Stadium authorities are increasingly adopting plans to replace natural grass surfaces with synthetic turf to provide high-quality sports ground surfaces. For instance, according to The National Football League, a sports association in the United States, in April 2021, Bank of America Stadium has done the transition from natural grass to artificial turf in time before the Carolina Panthers pre-season, which was scheduled in August 2021. The decision to the replacement of the natural grass with artificial field turf was made to guarantee a consistent surface for not only the Panthers but also for other events. This will be made even for the Charlotte Football Club of Major League Soccer, which will begin playing at BOA in 2022, college football games, and concerts. Therefore, the replacement of natural grass with artificial turf in sports stadiums is driving the growth of the artificial turf market.

Technological advancement and continuous innovations are shaping the artificial turf market. This trend is being followed by the companies operating in the turf or grass industry to provide exceptional quality and real value for their customers with standout products including unmatched lifetime warranties, commitment to sustainability and the industry's leading safety ratings. For instance, in February 2021, SYNLawn, a US-based manufacturer of artificial grass unveiled its new category of product enhancements and offerings which will include soy content, additional color options, advanced drainage, and Super Yarntechnology. Super YarnTM technology represents a significant step forward in the development of synthetic turf products. By combining three incredible features into one extruded grass yarn formulation, SYNLawn's Super Yarn technology transforms the turf industry. Super Yarn is the first of its kind artificial grass fiber, combining Sanitized antimicrobial technology with DualChillTM IR reflective technology and StatBlockTM anti-static technology at the molecular level.

In September 2021, Crestview Partners, a US-based private equity firm focused on middle-market contrarian and distressed investments, and special situations acquired TenCate Grass Holding B.V for an undisclosed amount. With this acquisition, Crestview aimed to support the product development and growth of TenCate Grass in the sports market. TenCate Grass Holding B.V is a Netherland-based artificial turf manufacturer.

The countries covered in the artificial turf market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The artificial turf market research report is one of a series of new reports from the publisher that provides artificial turf market statistics, including artificial turf industry global market size, regional shares, competitors with a artificial turf market share, detailed artificial turf market segments, market trends and opportunities, and any further data you may need to thrive in the artificial turf industry. This artificial turf market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.



This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global Artificial Turf Market

What is the estimated value of the Global Artificial Turf Market?

The Global Artificial Turf Market was estimated to be valued at $4.87 billion in 2023.

What is the growth rate of the Global Artificial Turf Market?

The growth rate of the Global Artificial Turf Market is 8.8%, with an estimated value of $6.83 billion by 2027.

What is the forecasted size of the Global Artificial Turf Market?

The Global Artificial Turf Market is estimated to be worth $6.83 billion by 2027.

Who are the key companies in the Global Artificial Turf Market?

Key companies in the Global Artificial Turf Market include DowDuPont, Tarkett, Victoria PLC, Act Global, SIS Pitches, Matrix Turf, Nurteks Hali, Limonta, Challenger Turf Inc. and ForeverLawn.

Table of Contents

1. Executive Summary

2. Artificial Turf Market Characteristics

3. Artificial Turf Market Trends And Strategies

4. Artificial Turf Forwarding Market - Macro Economic Scenario
4.1 COVID-19 Impact On Artificial Turf Forwarding Market
4.2 Ukraine-Russia War Impact On Artificial Turf Forwarding Market
4.3 Impact Of High Inflation On Artificial Turf Forwarding Market

5. Artificial Turf Market Size And Growth
5.1. Global Artificial Turf Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Artificial Turf Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Artificial Turf Market Segmentation
6.1. Global Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Polyethylene
  • Polypropylene
  • Nylon
  • Other Material Types
6.2. Global Artificial Turf Market, Segmentation By Installation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Flooring
  • Wall Cladding
6.3. Global Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Residential
  • Commercial
  • Sports
7. Artificial Turf Market Regional And Country Analysis
7.1. Global Artificial Turf Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Artificial Turf Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Artificial Turf Market
8.1. Asia-Pacific Artificial Turf Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8.3. Asia-Pacific Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Artificial Turf Market
9.1. China Artificial Turf Market Overview
9.2. China Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Artificial Turf Market
10.1. India Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Artificial Turf Market
11.1. Japan Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Artificial Turf Market
12.1. Australia Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Artificial Turf Market
13.1. Indonesia Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Artificial Turf Market
14.1. South Korea Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Artificial Turf Market
15.1. Western Europe Artificial Turf Market Overview
15.2. Western Europe Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Artificial Turf Market
16.1. UK Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Artificial Turf Market
17.1. Germany Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Artificial Turf Market
18.1. France Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Artificial Turf Market
19.1. Eastern Europe Artificial Turf Market Overview
19.2. Eastern Europe Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Artificial Turf Market
20.1. Russia Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Artificial Turf Market
21.1. North America Artificial Turf Market Overview
21.2. North America Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Artificial Turf Market
22.1. USA Artificial Turf Market Overview
22.2. USA Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Artificial Turf Market
23.1. South America Artificial Turf Market Overview
23.2. South America Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Artificial Turf Market
24.1. Brazil Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Artificial Turf Market
25.1. Middle East Artificial Turf Market Overview
25.2. Middle East Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Artificial Turf Market
26.1. Africa Artificial Turf Market Overview
26.2. Africa Artificial Turf Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Artificial Turf Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Artificial Turf Market Competitive Landscape And Company Profiles
27.1. Artificial Turf Market Competitive Landscape
27.2. Artificial Turf Market Company Profiles
27.2.1. DowDuPont
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Tarkett
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Victoria PLC
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Act Global
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. SIS Pitches
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Artificial Turf Market

29. Artificial Turf Market Future Outlook and Potential Analysis

30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer

Executive Summary

Artificial Turf Global Market Report 2023 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on artificial turf market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for artificial turf ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The artificial turf market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Material Type: Polyethylene; Polypropylene; Nylon; Other Materials
2) By Installation: Flooring; Wall Cladding
3) By Application: Residential; Commercial; Sports

Companies Mentioned: DowDuPont; Tarkett; Victoria PLC; Act Global; SIS Pitches

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • DowDuPont
  • Tarkett
  • Victoria PLC
  • Act Global
  • SIS Pitches
  • Matrix Turf
  • Nurteks Hali
  • Limonta
  • Challenger Turf Inc.
  • ForeverLawn
  • K&B JUNWOO Co. Ltd.
  • GreenFields BV
  • Hatko Sport
  • CoCreation Grass Co Ltd
  • SIS Pitches

Methodology

Loading
LOADING...