1. What is the projected Compound Annual Growth Rate (CAGR) of the Artificial Grass Turf market?
The projected CAGR is approximately 8.2%.
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Artificial Grass Turf marketArtificial Grass Turf market by Fibre Material (Nylon, Polypropylene, Polyethylene, Others), by Applications (Sport Courts & Gardens, Residential, Commercial), by Distribution Channel (Offline Stores, Online Stores), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2026-2034
The Artificial Grass Turf market size was valued at USD 5.1 USD Billion in 2023 and is projected to reach USD 8.85 USD Billion by 2032, exhibiting a CAGR of 8.2 % during the forecast period. They include a synthetic material made to mimic real grass and can be used in many places for appearance and utility. It is marketed in different types with nylon being highly durable and resistant to wear and tear, polypropylene that is cheaper but not as durable as nylon, and polyethylene which is comparatively softer and cost-effective and commonly used in residential and commercial spaces. Some of the characteristics of artificial grass turf include easy to maintain, it is not affected by any weather conditions, and having the appearance of natural grass throughout the year. It can be used when establishing a new sports field, playgrounds, residential compound, and other business entities’ compounds. Therefore, because it can handle a large amount of traffic and does not require mowing or watering, the species is suitable for various settings.
Fibre Material:
Applications:
Distribution Channel:
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 8.2% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 8.2%.
Key companies in the market include Namgrass, P.K. Versi Turf Private Limited, Remodelista, LLC., Ross NW Watergardens, Artificial Grass Liquidators, Guangdong Citygreen Sports Industry Ltd., Synthetic Grass Warehouse, SYNLAWN ARTIFICIAL GRASS, Turf Factory Direct, Tiger Turf, Turf Green.
The market segments include Fibre Material, Applications, Distribution Channel.
The market size is estimated to be USD 5.1 USD Billion as of 2022.
Rising Growth of Urbanization to Aid Market Development.
N/A
Waste Generation Concerns due to Disposable Nature to Limit Market Expansion.
N/A
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850, USD 5850, and USD 6850 respectively.
The market size is provided in terms of value, measured in USD Billion and volume, measured in Square Meters.
Yes, the market keyword associated with the report is "Artificial Grass Turf market," which aids in identifying and referencing the specific market segment covered.
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