PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1392208
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1392208
Global Artificial Turf Market will grow at a CAGR of over 6.6% from 2023 to 2032, attributed to the increasing awareness of water conservation, particularly in landscaping. As communities prioritize sustainable practices, the demand for synthetic turf rises as a water-efficient alternative to natural grass. This shift will address the need for environmentally friendly landscaping solutions, strengthening the artificial turf market outlook. With water scarcity concerns witnessing a steady rise, the adoption of synthetic turf aligns with a broader commitment to conservation, driving the overall market growth.
For instance, in 2023, ForeverLawn, Inc.® unveiled a multiyear collaboration as the designated Official Synthetic Turf Partner for the Cleveland Browns. Under this partnership, the Browns will leverage ForeverLawn's SportsGrass product line for upcoming synthetic turf projects. This includes the Browns' commitment to delivering top-tier synthetic turf fields, benefiting Ohio high schools and communities as part of their initiative. Such advancements in synthetic turf technology will enhance durability, performance, and environmental sustainability, contributing to the industry's overall growth and market expansion.
The artificial turf market is classified based on material, application, and region.
The industry value from the nylon segment will achieve substantial gains through 2032 due to its exceptional durability, longevity, and cost-effectiveness. Its resilience ensures optimal performance, offering stability and consistency in various applications, from sports fields to landscaping. Nylon's versatility, wear, and UV resistance will contribute to its widespread adoption. Moreover, the industry's increasing focus on sustainable practices aligns with nylon's eco-friendly potential, reinforcing its position as a leading choice in the artificial turf market.
The educational institutions segment could contribute significantly to the artificial turf market size through 2032, driven by the increasing adoption of artificial turf in school and university sports facilities. Educational institutions prioritize artificial turf for its durability, low maintenance, and ability to provide safe and consistent playing surfaces. As the demand for high-quality recreational spaces within educational campuses rises, artificial turf will emerge as a preferred choice, thereby positioning this application segment as a key market growth driver.
Asia-Pacific artificial turf industry will grow at a notable CAGR from 2023 to 2032, owing to rapid urbanization, burgeoning sports infrastructure, and a growing emphasis on landscaping. Increasing investments in sports facilities and the rising popularity of sports will contribute to the escalating demand for artificial turf. Moreover, the region's favorable economic conditions and a rising population underscore a heightened interest in residential and commercial landscaping, further solidifying Asia-Pacific's role as a significant contributor to the artificial turf industry.