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Artificial Grass Market by Installation, Fiber Base Material, Application, Infill Material And Region - Global Forecast to 2022

Artificial Grass Market: Global Forecast until 2022

  • April 2018
  • 173 pages
  • ID: 5377119
In this report:
The volume market in Africa is expected to reach ##.## million square meters by 2022, growing at a CAGR of ##.##% from 2017.
In terms of volume, the market of artificial grass recorded ##.## million square meters in 2016 and is expected to grow at a CAGR of ##.##% during the forecast period.
According to the United Nations Environment Programme, it is predicted that the demand for water will increase by ##.##% by 2025.

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The artificial grass market is estimated to rise at a compound annual growth rate of 6.80 percent during the forecast period.

The artificial grass market is estimated to rise at a compound annual growth rate of 6.80 percent from 2017, to attain ~$4.4B by 2022. The industry demand for artificial grass is expected to be on the increase, owing to Elements such as the increasing number of sports fields and pitches around the world, growing application of artificial grass in landscaping, recycling of artificial pitches, and development of distinct solutions for producing infill materials and yarn technology. Nevertheless, health and environmental impact of artificial grass may hamper the rise of the artificial grass market during the outlook period. The raised demand for artificial grass in semi-arid and arid areas, unfavorable climatic conditions for the increase of natural grass, and rising need for water conservation are forecast to steer the rise of the artificial grass market. The higher adoption of artificial grass in different sports tournaments and increasing investment by main stakeholders including FIFA and UEFA for infrastructural development and popularity of sports is anticipated to further drive the market for artificial grass during the estimate period.

The contact sports segment, by application, is estimated to dominate the artificial grass market through the outlook period.

In terms of both value and quantity, the contact sports segment is forecasted to dominate the artificial grass market through the estimate period. The increasing popularity of football around the world and high spending on games including hockey in India (IN) and rugby in the US are expected to drive the increase of contact sports segment in the next years.

APAC is planned to be the quickest-rising area during the outlook period.

In the artificial grass market, Asia-Pac is intended to be the quickest-increasing area, in terms of both value and quantity, between 2017 and 2022.This area comprises economies including China, Australia (AU), and Japan (JP), which occupy a significant share of the overall artificial grass market.

Elements such as the growth in development of contact sports including football, development of high-technology parks, quick urbanization, popularity of artificial grass in residential and commercial landscaping, municipalities and public gardens, along the strong presence of Chinese artificial grass manufacturers are the main factors providing to the rise of the Asia Pacific artificial grass market.India (IN) is forecasted to be the quickest developing market in this region due to the several government schemes to encourage colleges and universities to implement artificial grass along the incorporation of artificial grass in hockey fields to upgrade the sports facilities.

Advancements and modernizations in the infill solutions and yarn fibers, the wide availability of fiber base materials including polyethylene and polypropylene, and the increasing number of investments strategized by the dominant actors in Asia area also act as drivers for the expansion and increase of the artificial grass market.

Distribution of primaries:

• By Company category: Tier 1-55 %, Tier 2 - 30.0 percent, Tier 3 - 15.0 percent

• By Description: C-suite - 40.0 percent, D-level - 20.0 percent, Others - 40.0 percent

• By Area: Europe (EU) - 30.0 percent, North America continent - 20.0 percent, Asia Pacific (APAC) - 35.0 percent, South America region - 15.0 percent

The sector for artificial grass is leaded by, is monopolized by top players including DowDuPont, Tarkett, Controlled Products, Shaw Industries Group, and Victoria PLC. Other artificial grass firms contain Act Global, SportGroup, TigerTurf, SIS Pitches, Matrix Turf, Nurteks Hali, Soccer Grass, Limonta, Sportlink, and El Espartano.

Segment Research

The artificial grass market has been divided on the basis of installation, application, infill material, fiber base material, and area. In terms of insights, this market research has emphasized several levels of analyses - industry, market share research of top players, and organization profiles-which together comprise and discuss the basic overviews on the competitive landscape, emerging & high-growth segments of the overall artificial grass market, high-growth areas, regions, and their specific regulatory policies, government actions, drivers, market restraints, alternatives, and opportunities.

Why acquiring this study can help you:

• To get a comprehensive overview of the artificial grass market with specific reference to installation and application

• To benefit a wide range of information about the top actors in this market, their products review, and top strategies approved by them

• To benefit insights of the main regions/territories in which the artificial grass sector is prospering

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