Artificial Grass Market to reach $7.25 Bn, Globally, by 2030 at 6.72% CAGR: Emergen Research
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Rising consumer demand for outdoor and lawn decorations activities is a key factor driving market revenue growth
VANCOUVER, BRITISH COLUMBIA, CANADA, August 22, 2022 /EINPresswire.com/ — Artificial Grass Market Size – USD 4.05 Billion in 2021, Market Growth – at a CAGR of 6.72%, Market Trends – Increasing demand for biodegradable and recyclable synthetic grass
The report offers in-depth knowledge and analysis of the Artificial Grass market through verified and validated data curated to offer accurate insights. The report also offers a region wise and country wise analysis of the Artificial Grass market and contains a detailed analysis of the key elements influencing the growth of the market in the region. The research study also contains historical, current, and forecast estimations for each sector, segment, sub-segment, and regions.
The global 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.
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Collaborations among Companies to Increase Business Prospects in Global Market
The reports cover key developments in the Artificial Grass market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, partnerships and collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Artificial Grass market are anticipated to lucrative growth opportunities in the future with the rising demand for Artificial Grass in the global market. The market is expected to grow at a significant CAGR during the forecast period.
List of Key Players Covered in the Report- Namgrass, PK Versi Turf Private Limited, Ross NW Watergardens, Tarkett, Sport Group, Altius Sports, Artificial Grass Liquidators, Crestview Advisors, LLC, CCGrass, SIS Pitches, Turf Green, and Victoria PLC.
The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in-depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global artificial grass market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
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)
Infill material Outlook (Revenue, USD trillion; 2019-2030)
Plant based infills
Petroleum based infills
Sand based infills
Application Outlook (Revenue, USD Billion; 2019-2030)
Indoor & outdoor gardens
Browse Detailed Summary of Research Report with TOC: https://www.emergenresearch.com/industry-report/artificial-grass-market
The report also offers regional level analysis and market estimation for the regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Regional Analysis Covers:
North America (US, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)
The study segments the complete Artificial Grass market on the basis of different application, end-use, end-user, and production capability. From a business standpoint, the industry has been thoroughly examined across various countries located in North America, Europe, Asia-Pacific, and others. The size of the industry for the forecast period. is evaluated on the basis of current sales figures and past financial report can be used to forecast the future sales.
How will the Artificial Grass Market, 2022 to 2030 report help you?
In summary, our 250-page report provides you with the following knowledge:
• Revenue forecasts to 2030 for Artificial Grass Market, 2022 to 2030 Market, with forecasts for include report segmentation and company size, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
• Revenue forecasts to 2030 for four regional and 20 key national markets – See forecasts for the Artificial Grass Market, 2022 to 2030 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
• Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Artificial Grass Market, 2022 to 2030.
Find quantitative and qualitative analyzes with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
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With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Emergen Research study is for everybody needing commercial analyzes for the Artificial Grass Market, 2022 to 2030, market-leading companies. You will find data, trends and predictions.
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August 22, 2022, 10:36 GMT
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