The Artificial Grass Industry: Current Status and Future Prospects

Artificial Grass

Artificial Grass:

Unfortunately, having access to grass, a yard, or any other open space on a regular basis is an indulgence. Finding a peaceful green area can be challenging, and for many people, the idea of putting their feet on grass can seem far away. You might feel as though you have no choice but to enter this concrete wilderness in this kind of situation. But we do have a choice for you to think about.

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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Report Scope:

Forecast Period : 2022-2030

CAGR: 6.72%

Base Year: 2022

Number of Pages: 250

Prominent players operating in the industry have undertaken collaborations and agreements to gain a competitive edge and gain a robust footing in the industry. Some prominent players 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.

Some Key Highlights From the Report

  • The nylon segment accounted for a steady revenue CAGR over the forecast period. Presently, nylon is the most popular material for carpeting and is also used in a variety of other products that require tensile strength and durability. Nylon has some significant qualities that make it a good choice for artificial turf. Synthetic grass made of nylon can be used in both residential and commercial settings such as backyard and rooftop decks, indoor lawns, and athletic turf. Where a blend of softness and resilience is required, nylon can also be found as a secondary fiber, which is driving revenue growth of the segment.
  • The sports court segment accounted for largest revenue share in 2021. This is attributed to increasing installation of artificial grass in stadiums, clubs, and sports grounds to increase safety and performance.
  • The North America market accounted for second-largest revenue share in 2021. This is attributed to rising investments in research activities for developing advanced synthetic grass technologies. Rising demand for recyclable and sustainable artificial turf is also contributing to revenue growth of the market in the region.

The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Artificial Grass industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.

To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/artificial-grass-market

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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