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Market Size – USD 4.05 Billion in 2021, Market Growth – at a CAGR of 6.72%, Market Trends – Increasing demand for biodegradable and recyclable synthetic grass

VANCOUVER, BRITISH COLUMBIA, CANADA, July 17, 2023/EINPresswire.com/ -- The Global Artificial Grass Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Artificial Grass market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Artificial Grass industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2032

The global artificial grass market size was USD 4.05 Billion in 2021 and is expected to register a revenue CAGR of 6.72% during the forecast period, according to the latest analysis by Emergen Research. Market revenue growth is primarily driven by rising demand for recyclable, sustainable, eco-friendly, and temperature-resistant artificial grass materials. Artificial turf is resistant to low temperatures and can be used in all weather conditions, which is ideal for commercial and home landscaping. Development of fire retardant synthetic grass is creating opportunities for the market to grow. For example, on 28 April 2022, ResiGrass, which is based in Belgium launched high-quality natural-looking artificial grass with fire-resistant properties. In addition, rising demand for commercial landscaping solutions is driving revenue growth in the market. Moreover, biodegradable and recyclable artificial turfs are environment-friendly, low maintenance, and available in a variety of sizes. It also increases aesthetic appeal and adds a calming and relaxing effect to residential and commercial complexes.

In addition, artificial grass comes in a variety of blade lengths, textures, densities, regional grass colors, and also looks-like real grass. It can be utilized both inside and outside of an apartment, can be sliced into small strips and fitted between walkway pavers, and is pet friendly as pets cannot dig it up and ruin it.

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Artificial Grass market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others.

Key Companies Profiled in the Report are:

Namgrass, P.K. Versi Turf Private Limited, Ross NW Watergardens, Tarkett, Sport Group, Altius Sports, Artificial Grass Liquidators, Crestview Advisors, L.L.C, CCGrass, SIS Pitches, Turf Green, and Victoria PLC.

Market Overview:

The report bifurcates the Artificial Grass market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Emergen Research has segmented the global artificial grass market based on fiber materials, infill materials, application, and region:

Fiber Material Outlook (Revenue, USD Billion; 2019–2030)

Polyethylene

Nylon

Polypropylene

Others

Infill material Outlook (Revenue, USD Billion; 2019–2030)

Plant-based Infills

Petroleum-based Infills

Sand-based Infills

Others

Application Outlook (Revenue, USD Billion; 2019–2030)

Sports Court

Indoor & Outdoor Garden

Swimming Pools

Landscaping

Others

Forecasts to 2030 and other analyses reveal commercial prospects

• In addition to revenue forecasting to 2030, our new study provides you with recent results, growth rates, and market shares.

• You will find original analyses, with business outlooks and developments.

• Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising Artificial Grass prices and recent developments.

This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Regional Landscape section of the Artificial Grass report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Research Report on the Artificial Grass Market Addresses the Following Key Questions:

Who are the dominant players of the Artificial Grass market?

Which regional market is anticipated to have a high growth rate over the projected period?

What consumer trends and demands are expected to influence the operations of the market players in the Artificial Grass market?

What are the key growth drivers and restraining factors of the Artificial Grass market?

What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?

What is the overall impact of the COVID-19 pandemic on the Artificial Grass market and its key segments?

Thank you for reading our report. To know more about the customization feature, please get in touch with us, and our team will ensure the report is customized to meet your requirements.  

 About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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Emergen Research
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