Artificial Turf Market Poised to Garner Maximum Revenues During 2017 to 2026 – Jumbo News

The global Artificial Turf Market study offers a comprehensive compilation of the historical, current, and future prospects of the market as well as the factors responsible for such growth. With the SWOT analysis, the business study shows the strengths, weaknesses, opportunities and threats of every market participant for artificial turf in a comprehensive way. In addition, the artificial turf market report emphasizes the acceptance pattern of artificial turf in various industries.

The Artificial Turf Market report examines each player’s operating pattern – new product launches, partnerships, and acquisitions – has been scrutinized.

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increasing demand for artificial turf from various applications. APEJ is expected to see significant growth and will be the most attractive region due to emerging economies such as India and China. It is estimated that China holds around half of the market value share. The global artificial turf market is expected to show significant year-on-year growth in the projected period.

The widespread use of artificial turf in various applications is expected to result in robust growth in the global artificial turf market

One of the major factors accelerating the growth of the global artificial grass market is the widespread use of artificial grass for landscaping application. Artificial turf is in great demand worldwide for landscaping commercial, residential and commercial properties. Other factors responsible for the growth of the global artificial turf market include a remarkable increase in the number of sporting events, adverse climatic conditions for the growth of natural grass, and an increasing need for water conservation. Nowadays, due to environmental concerns, the development of sporting activities, and rising water prices, artificial grass turf is used in various applications such as hotels and airports, theme parks, and some other commercial properties. These are some of the factors that are responsible for the growth of the global market.

There is an increasing popularity of sporting events around the world and this is the single most important factor in the unprecedented growth of the global artificial turf market over the period under review. Some of the largest events organized in Western Europe, such as B. Champions League matches and European Championship qualifiers are likely to generate robust growth in the global artificial growth market.

Artificial turf is also used in indoor sports, as well as to decorate balconies, roofs and pools in various countries. In addition to the increasing preference for artificial turf instead of natural turf, there is another factor that is driving the growth of the global artificial turf market.

It is estimated that the Non-Contact Sports segment will have a sales share of 17.1% in the global artificial turf market by the end of 2017 and that it is expected to add 80 BPS by the end of the valuation year 2027. On the other hand, there is significant demand for contact sports to be expected to drive the growth of the artificial turf market in the planned timeframe.

The contact sports segment is expected to dominate the global artificial turf market in the forecast period. The company achieved a share of 61.6% of the total market in 2017 and was valued at USD 2,341.1 million. A value of $ 4,118.7 million is expected by the end of the valuation year, while it expands at a CAGR of 5.8% over the forecast period.

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Artificial Grass Market Report offers a wide variety of insights including:

  • Changing patterns of use among individuals worldwide.
  • Historical and future progress of the global artificial turf market.
  • Regional and country-specific segmentation of the artificial turf market to understand sales and growth prospects in these areas.
  • Exact growth of the global artificial turf market compared to the previous year.
  • Key trends, including proprietary technologies, environmental conservation, and globalization, affecting the global artificial turf market.

Artificial Grass Market Report Answers Key Questions Including:

  • Which regulators have approved the use of artificial turf in the xx industry?
  • How will the global artificial turf market grow in the forecast period?
  • Which end-use industry is expected to be the leading consumer of artificial turf by 2029?
  • Which manufacturing techniques are involved in the manufacture of the artificial turf?
  • Which regions are the market participants for artificial turf targeting in order to channel their production portfolio?

Artificial Grass Market Report considers the following years to predict market growth:

  • Historic year: 2014 – 2018
  • Base year: 2018
  • Estimated year: 2019
  • Forecast year: 2019-2029

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Why Choose the Artificial Grass Market Report?

The Artificial Grass Market report takes a multidisciplinary approach to extract information across various industries. Our analysts conduct thorough primary and secondary research to collect market-related data. With modern industrial and digitization tools, we offer our customers avant-garde business ideas. We address customers in parts of the world with our 24-hour service availability.

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