The Global Artificial Grass Market report is a detailed study of the different segments of the market, factors driving and restraining the growth of the market, and regional landscape based on the data gathered from both primary and secondary sources of data collection, along with the research methodology employed for analysis provided in the study. The market overview, SWOT analysis, and insights into the strategies adopted by key players operating in the Artificial Grass market help understand the market forces and how those can be exploited to benefit from future opportunities.
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.
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In market segmentation by manufacturers, the report covers the following companies-
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.
The research study gives a comprehensive analysis of the market with the help of several analytical tools and helps identify and capitalize on the growth prospects existing in the Artificial Grass Market. It also offers accurate insights into the prevalent business strategies. The market overview gives growth estimations based on historical analysis and a detailed evaluation of the gross revenue, demand and supply dynamics, volume, market share, pricing structure, and profit margin for each market segment. The regional analysis takes into consideration the overall sales and CAGR to underline the leading companies in each regional market based on product types and product applications.
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
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The report offers three types of Artificial Grasss and uses analytical tools like Porter’s Five Forces analysis, SWOT analysis, and both qualitative and quantitative assessment of the market. It estimates the market size in the forecast duration by studying its value, volume, market share, growth rate, and other market essentials. It gives extensive company profiles, wherein the analysts explain the expansion tactics adopted by market leaders, including both long- and short-term strategies, and other vital competitive factors of significant businesses in the global Artificial Grass market.
Reasons to buy this report:
- It evaluates a comprehensive structure and overview of the Artificial Grass Industry.
- It provides accurate insights into critical factors like drivers and constraints, growth rate, value, volume, market share, and overall revenue.
- It studies the growth prospects, challenges, drivers and restraints operating in the market.
- It allows the reader to understand the Artificial Grass market competition by assessing the top vendors, with elaborate company profiles, gross revenue, profit margin, import-export status, and global market share.
- It brings to light the pricing structure, demand and supply dynamics, value chain analysis, SWOT analysis to support the formulation of lucrative business strategies.
- It lists the data sources referred to during the study, detailed research methodology and other vital findings.
The Artificial Grass Market report also includes an investment analysis and growth trend analysis to help readers maximize their return on investment. It highlights the growth opportunities existing in the global Artificial Grass market segments. It offers an extensive investigation of the import-export status and the rates of production and consumption. The Artificial Grass Market report also provides some of the essential market aspects to draw a forecast for the coming years based on the information derived as part of the historical analysis and an analysis of the current market scenario.
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