PUBLISHER: Lucintel | PRODUCT CODE: 1418084
PUBLISHER: Lucintel | PRODUCT CODE: 1418084
Turf Protection Trends and Forecast
The future of the global turf protection market looks promising with opportunities in the foliar, seed, and soil markets. The global turf protection market is expected to reach an estimated $8.7 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are growing demand is observed in both residential and commercial real estate sectors, incorporation of integrated pest management within the turf industry is on the rise, and rising emphasis on protecting turf from climate change.
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Turf Protection by Segment
The study includes a forecast for the global turf protection by product, solution, mode of application, application, and region.
List of Turf Protection Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies turf protection companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the turf protection companies profiled in this report include-
Turf Protection Market Insights
Lucintel forecasts that stress protection is expected to witness the highest growth over the forecast period due to increase in demand for high-quality and resilient turf.
Within this market, foliar is expected to witness the highest growth due to its increasing adoption across the globe.
North America will remain the largest region over the forecast period due to rising popularity of outdoor sports and recreational activities.
Features of the Global Turf Protection Market
Market Size Estimates: Turf protection market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Turf protection market size by various segments, such as by product, solution, mode of application, application, and region in terms of value ($B).
Regional Analysis: Turf protection market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, solutions, mode of applications, applications, and regions for the turf protection market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the turf protection market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the turf protection market size?
Answer: The global turf protection market is expected to reach an estimated $8.7 billion by 2030.
Q2. What is the growth forecast for turf protection market?
Answer: The global turf protection market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the turf protection market?
Answer: The major drivers for this market are growing demand is observed in both residential and commercial real estate sectors, incorporation of integrated pest management within the turf industry is on the rise, and rising emphasis on protecting turf from climate change.
Q4. What are the major segments for turf protection market?
Answer: The future of the turf protection market looks promising with opportunities in the foliar, seed, and soil markets.
Q5. Who are the key turf protection market companies?
Answer: Some of the key turf protection companies are as follows.
Q6. Which turf protection market segment will be the largest in future?
Answer: Lucintel forecasts that stress protection is expected to witness the highest growth over the forecast period due to increase in demand for high-quality and resilient turf.
Q7. In turf protection market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rising popularity of outdoor sports and recreational activities.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.