Artificial Grass Turf Market to Reach USD 1.49 Billion by 2024, Avalon BV and CoCreation Grass Corp. Emerge as Key Contributors to Growth | Technavio

LONDON–(BUSINESS WIRE) – Technavio has been monitoring the artificial turf market and is projected to grow by $ 1.49 billion between 2020 and 2024, a CAGR of over 9% over the forecast period. The report provides an up-to-date analysis of the current market scenario, the latest trends and drivers as well as the overall market environment.

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Frequently asked Questions-

• What is the leading segment in the market based on segmentation by application?

• The sports segment is expected to be the leading segment based on its application to the world market during the forecast period.

• What are the main trends in the market?

• The expansion of sales channels is one of the most important trends in the market.

• At what speed should the market grow?

• With a CAGR of over 9%, the market is expected to grow incrementally by $ 1.49 billion.

• Who are the top players in the market?

• Avalon BV, CoCreation Grass Corp., Controlled Products LLC, ForeverLawn Inc., GrassInc. BV, Landscape Solutions BV, Recreational Systems International, Sport Group Holding GmbH, Tarkett Group and Tennessee Acquisition Holding BV are some of the key market players.

• What are the main market drivers and challenges?

• The demand for artificial turf in sports is one of the main drivers for the market. However, the high field temperatures associated with artificial turf inhibit market growth.

• How big is the North American market?

• The North America region will contribute 33% to market growth.

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The market is fragmented and the degree of fragmentation will accelerate over the forecast period. Avalon BV, CoCreation Grass Corp., Controlled Products LLC, ForeverLawn Inc., GrassInc. BV, Landscape Solutions BV, Recreational Systems International, Sport Group Holding GmbH, Tarkett Group and Tennessee Acquisition Holding BV are some of the key market players. The demand for artificial turf in sports offers enormous growth opportunities. To take advantage of the most opportunities, market vendors should focus more on the growth prospects in the fast growing segments while maintaining their position in the slow growing segments.

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Artificial Grass Market 2020-2024: Segmentation

The artificial grass market is divided as follows:

• application

  • Sports

  • Leisure and landscaping

• geography

  • Europe

  • North America

  • APAC

  • South America

  • MY

• Distribution channel

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Artificial grass market 2020-2024: scope

Technavio provides a detailed picture of the market through the study, synthesis and summation of data from multiple sources. The Artificial Grass Market Report covers the following areas:

• Artificial grass lawn market size

• Artificial grass market trends

• Market analysis for artificial turf

This study identifies the expansion of sales channels as one of the main reasons for the growth of the artificial turf market in the next few years.

Technavio suggests three forecast scenarios (optimistic, likely and pessimistic) that take into account the effects of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacts on market research reports.

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Artificial Grass Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024

• Detailed information on factors that will support the growth of the artificial turf market over the next five years

• Estimate the size of the market for artificial turf and its contribution to the parent market

• Predicting upcoming trends and changes in consumer behavior

• The growth of the artificial grass market

• Analysis of the competitive landscape of the market and detailed information on providers

• Full details on factors that will challenge the growth of artificial grass suppliers in the market

Table of Contents:

Summary

Market landscape

• Market ecosystem

• Value chain analysis

Market size

• Market definition

• Market segment analysis

• Market size 2019

• Market outlook: forecast for 2019-2024

Five forces analysis

• Summary of the five forces

• Bargaining power of buyers

• Bargaining power of suppliers

• Newcomer threat

• Threat from substitutes

• Threat of rivalry

• Market condition

Market segmentation by application

• Market segments

• Comparison by application

• Sports – Market size and forecast 2019-2024

• Leisure and Landscaping – Market Size and Forecast 2019-2024

• Market opportunity by application

Market segmentation according to sales channels

• Market segments

• Comparison by sales channel

• Offline – Market Size and Forecast 2019-2024

• Online Market Size and Forecast 2019-2024

• Market opportunity by sales channel

Customer landscape

Geographical landscape

• Geographic segmentation

• Geographic comparison

• Europe – Market size and forecast 2019-2024

• North America – Market size and forecast 2019-2024

• APAC – Market size and forecast 2019-2024

• South America – Market size and forecast 2019-2024

• MEA – Market Size and Forecast 2019-2024

• Effects of the COVID-19 pandemic on the market

• Major leading countries

• Market opportunity by geography

• Market leader

• Market challenges

• Market trends

Supplier landscape

• overview

• Sales landscape

• Landscape disturbance

Supplier analysis

• Provider covered

• Market positioning of providers

• Avalon BV

• CoCreation Grass Corp.

• Controlled Products LLC

• ForeverLawn Inc.

• Grass Inc. BV

• Landscape Solutions BV

• Recreational Systems International

• Sport Group Holding GmbH

• Tarkett Group

• Tennessee Acquisition Holding BV

appendix

• Scope of the report

• Currency conversion rates for US $

• Research methodology

• List of abbreviations

about us

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