Latest Study: Artificial Turf Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2027) – KSU
The artificial turf industry will play an increasingly important role in the coming years, Market predicts a high CAGR between 2020 and 2027. Breakdown of the global trend of the artificial turf market, which is currently leading in Europe, the APAC region, South America and the MEA region. Artificial turf is completely fragmented in most regions of the world due to the presence of maximum players. Later on, the report also provides different segments based on the product category, numerous uses of the product, and key revenue regions that greatly contribute to the market share.
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Note: The report includes the detailed impact analysis before and after COVID-19 on the artificial turf market
Artificial turf is a surface made of synthetic fibers or synthetic fibers that have been prepared in such a way that they appear similar to natural turf. The use of turf has been shown to have the least negative impact on the environment as these turfs are recyclable, require a minimum of water and reduce the use of pesticides and fertilizers. As a result, these are the main advantages of artificial grass increasing its growth in the market. In addition, artificial turf is widely used in hotels and airports, amusement parks, and residential and commercial properties. In the current scenario, the increasing popularity of various indoor and outdoor sporting events and the decoration of the roofs and balconies in the form of gardens are the main factors driving the growth of the artificial grass market around the world. In addition, an increase in the disposable income of people in industrial and developing regions such as Europe, the Middle East and Asia-Pacific is driving consumers to use turf for landscaping. Therefore, the world market for artificial turf is expected to grow at an impressive rate in the coming years. However, high surface temperatures, an increased risk of infection and high costs for artificial turf can hinder market growth.
The research explores new growth opportunities conducted with an in-depth analysis of the artificial turf market based on development and a data analysis that takes into account every aspect of the artificial turf market. The global industry interprets the fundamental aspects of the dominant market players with their business overview, artificial turf market sales, press release and development taking place in the market.
COVID-19 IMPACT ANALYSIS artificial grass market
The coronavirus has affected any of the small or large organizations that operate in every sector. The growth curves of the artificial turf market experienced immense fluctuations in 2020. The market scenario and pace of growth have taken a colossal turn, prompting numerous adjustments in the cycles that will have a significant impact. For the players in the artificial turf market, 2021 is likely to be superior to 2020 as most of the organizations have continued their activities and interest in them will be restored.
Some major 10+ key players in the artificial grass Market:
Sport field Deutschland Holding GmbH
Co Creation Grass Corporation
Global Syn-Turf Inc.
Synlawn artificial turf
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Competitive analysis of the artificial turf market:
The report examines the competitive and business environment using various analytical frameworks such as:
- Porter’s five forces model
- SWOT analysis
- PEST analysis
- Success factors
- Growth matrix
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Market segmentation for artificial turf:
The report delves in depth on critical aspects of key issues that are helping market participants change their approach accordingly. The Artificial Turf Market report offers competitive analysis which will help the readers become aware of the unique characteristics of crucial factors that affect the market competition. The Artificial Grass market report provides accurate market data, market dynamics, and key segments. The report will also outline how the market situation will change in the coming years and the major changes in market dynamics. It also provides historical, ongoing, and forecasted market research for volume and value with emerging segments and regional markets.
According to segments
According to material type
Leisure & Landscaping
Geographic markets are treated separately in the report, which includes a competitive analysis of their market performance in the base year as well as forecasts for the forecast year. Extensive primary research is performed to obtain leading information to understand market conditions and competition in a particular region. The comparison between two or more geographic markets is effectively done to know where to invest.
- North America (USA, Canada, Mexico)
- Europe (Great Britain, France, Germany, Spain, Italy, Central and Eastern Europe, CIS)
- Asia Pacific (China, Japan, South Korea, ASEAN, India, rest of Asia-Pacific)
- Latin America (Brazil, rest of LA)
- The Middle East and Africa (Turkey, GCC, Rest of Middle East)
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