Artificial turf grass is a surface made with synthetic fibers that looks similar to natural grass. Owing to minimum maintenance and the growing demand for artificial turf from the sports and residential sectors, the market has high growth potential. The higher adoption rate is observed in key stakeholders of sports, for the use of artificial turf in various sports tournaments, such as FIFA and UEFA Champions League, among others.
The global artificial turf Industry, by value, was worth USD 21,021.5 million in 2015 and is expected to increase in the future, registering a CAGR of 19.1% over the forecast period 2017-2022. By volume, artificial turf market size was 197.11 million square meters in 2013 and is expected to expand to by 2022. Europe occupies the largest market share, by volume. Currently, the market is highly competitive, and major firms are using the latest technologies to develop and introduce the best products in the market, to create a strong foothold.
The artificial turf market is widely adopted, globally, for various sports events, as well as in residential buildings. The market is driven by rising awareness of low-maintenance landscape and recreation solutions, high adoption of artificial grass in various sports tournaments and environmentally responsible maintenance with no wastage of water & agrochemical use. While there are many advantages of using artificial turf grass, some of the constraints that can hinder the market growth are –
The advancements in R&D, along with changing technologies and the high return on investment are the major areas of opportunities for the market growth. Major players are adopting strategies to develop the best products through technology and innovations.
The market is segmented based on the usage of turf grass, into contact sports, hockey, tennis, other sports, leisure and landscape. Use of turf grass for contact sports, such as soccer, football and rugby, occupy the largest market share, followed by use for leisure. The market share for other sports is relatively small.
By geography, the market is segmented into North America, Europe, South America and others; Europe is the largest market for artificial turf. As per a survey conducted by the European Synthetic Turf Organization, majority of soccer coaches in Europe prefer training players on synthetic turf, which helps them develop their skills. Asia is a growing market for artificial turf.
Major Companies in the Sector Include:
Recent Industry Insights
Artificial grass is used widely in various sports tournaments. The artificial pitches produced by SportsGroup were used at the 2016 Rio Olympics. In 2016, SportGroup Holding® announced that it had agreed to purchase its US rivals, AstroTurf® and SYNlawn®, along with their associated manufacturing facilities. By adding AstroTurf and SYNlawn to its existing portfolio of companies and brands (which includes Polytan®, APT®, Melos®, Rekortan®, Laykold® and Poligras®), SportGroup is on the path to becoming one of the largest and highest quality outdoor sports surfacing companies in the world. Though artificial surfaces are preferred in sport tournaments, their use was highly criticized in the 2015 Women’s Soccer World Cup held in Canada, due to the heat they generated. The FIFA World Cup final in Russia, 2018, will be played on a unique mixture of natural and artificial grass for the first time, with the new products from SIS Grass. The market for artificial surfaces has high scope, due to technological advancements in the coming years.
Key Deliverables in the Study
The report holds importance for the following stakeholders-