How fast is the artificial turf market growing?
The artificial turf market is projected to grow at a healthy 6.6% CAGR during the 2024-2031 forecast period, driven by factors like increasing sports events, urbanization, and water scarcity.
What are the key applications of artificial turf?
Artificial turf finds diverse applications in sports fields (soccer, baseball, etc.), landscaping (lawns, rooftops, etc.), and leisure areas (playgrounds, dog parks, etc.).
Which region is leading the artificial turf market?
North America currently holds the largest market share, but Asia Pacific is expected to see the fastest growth due to rising sports infrastructure and water concerns.
Who are the major players in the artificial turf market?
Global players like Tencate Group, SportsGroup, and Tarkett Group dominate the market, alongside regional players like LIMONTA SPORT and Saltex Oy.