COVID-19: Artificial Grass Turf Market 2020-2024| Rising Demand For Artificial Grass in Sports Applications to boost the Market Growth

Technavio has been monitoring the artificial turf market and is expected to grow by $ 1.49 billion between 2020 and 2024, which is a CAGR of over 9% over the forecast period. The report provides an up-to-date analysis of the current market scenario, the latest trends and drivers as well as the overall market environment.

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Technavio has announced its latest market research report entitled Global Artificial Grass Turf Market 2020-2024 (Graphic: Business Wire).

Although the COVID-19 pandemic continues to change the growth of various industries, the immediate effects of the outbreak are different. While some industries will see a decline in demand, many others remain unscathed and have promising growth opportunities. Technavio’s in-depth research covers all of your needs as our research reports cover all foreseeable market scenarios, including pre and post COVID-19 analysis. We are offering FREE customizations worth $ 1000

The market is fragmented and the degree of fragmentation will accelerate over the forecast period. Avalon BV, CoCreation Grass Corp., Controlled Products LLC, ForeverLawn Inc., GrassInc. BV, Landscape Solutions BV, Recreational Systems International, Sport Group Holding GmbH, Tarkett Group and Tennessee Acquisition Holding BV are some of the key players in the market. To make the most of the opportunities, market providers should focus more on the growth prospects in the fast growing segments while maintaining their position in the slow growing segments.

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The increasing demand for artificial turf in sports applications has made a significant contribution to the growth of the market. However, high field temperatures associated with artificial turf can hinder market growth.

The story goes on

Technavio’s custom research reports provide detailed insights into the impact of COVID-19 at the industry level, regional level, and subsequent supply chain operations. This customized report will also help customers keep pace with new product launches in direct and indirect COVID-19-related markets, upcoming vaccines and pipeline analysis, and significant vendor and regulatory developments. Download a free sample report on the effects of COVID-19

Artificial Grass Market 2020-2024: Segmentation

The artificial turf market is divided as follows:

  • application

    • Sports

    • Leisure and landscaping

  • Geography

    • Europe

    • North America

    • APAC

    • South America

    • MY

Artificial grass market 2020-2024: scope

Technavio provides a detailed picture of the market through the study, synthesis and summary of data from multiple sources. The Artificial Grass Market Report covers the following areas:

  • Artificial grass lawn market size

  • Artificial grass market trends

  • Analysis of the market sector for artificial turf

This study identifies vendors’ channel expansion strategy as one of the main drivers of the artificial turf market’s growth over the next several years.

Technavio proposes three forecast scenarios (optimistic, likely and pessimistic) that take into account the effects of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacts on market research reports.

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Artificial Grass Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will support the growth of the artificial turf market over the next five years

  • Estimate the size of the market for artificial turf and its contribution to the parent market

  • Predicting upcoming trends and changes in consumer behavior

  • The growth of the artificial grass market

  • Analysis of the competitive landscape of the market and detailed information on providers

  • Full details on factors that will challenge the growth of artificial grass suppliers in the market

Contents:

Summary

Market landscape

  • Market ecosystem

  • Value chain analysis

Market size

Five forces analysis

Market segmentation by application

  • Market segments

  • Comparison by application

  • Sports – Market size and forecast 2019-2024

  • Leisure and Landscaping Market Size and Forecast 2019-2024

  • Market opportunity by application

Market segmentation according to sales channels

  • Market segments

  • Comparison by sales channel

  • Offline – Market Size and Forecast 2019-2024

  • Online Market Size and Forecast 2019-2024

  • Market opportunity by sales channel

Customer landscape

Geographic landscape

  • Geographic segmentation

  • Geographic comparison

  • Europe – Market size and forecast 2019-2024

  • North America – Market size and forecast 2019-2024

  • APAC – Market size and forecast 2019-2024

  • South America – Market size and forecast 2019-2024

  • MEA – Market Size and Forecast 2019-2024

  • Effects of the COVID-19 pandemic on the market

  • Major leading countries

  • Market opportunity by geography

  • Market leader

  • Market challenges

  • Market trends

Supplier landscape

  • overview

  • Sales landscape

  • Landscape disturbance

Supplier analysis

  • Provider covered

  • Market positioning of providers

  • Avalon BV

  • CoCreation Grass Corp.

  • Controlled Products LLC

  • ForeverLawn Inc.

  • Grass Inc. BV

  • Landscape Solutions BV

  • Recreational Systems International

  • Sport Group Holding GmbH

  • Tarkett Group

  • Tennessee Acquisition Holding BV

appendix

about us

Technavio is a leading global technology research and consulting company. Her research and analysis focuses on emerging market trends and provides actionable insights that companies can use to identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes more than 17,000 reports and 800 technologies from 50 countries. Her customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive coverage, research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive position in changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200904005037/de/

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