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Artificial Turf Market Share

Report ID: GMI7214
Published Date: Oct 2023
Report Format: PDF

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Artificial Turf Market Share

Major players operating in the artificial turf industry include:

Act Global
CoCreation Grass
Condor Group
Dow Inc.
EasyTurf
FieldTurf
ForeverLawn
ForestGrass
Global Syn-Turf
Polytan
Shaw Industries Group
Sport Group
SYNLawn
Tarkett
TenCate Grass

Act Global and CoCreation Grass have emerged as prominent players in the Asia-Pacific artificial turf business, owing to a combination of critical factors. Both companies showcase a strong commitment to innovation and product development, tailoring artificial turf solutions to meet the specific demands of the region, such as adapting to hot and humid climates. Their extensive manufacturing and distribution networks enable swift product delivery, contributing to customer satisfaction. With well-established brand recognition and reputations, Act Global and CoCreation Grass hold a competitive edge in the market. Active involvement in industry associations and events keeps them informed about industry trends and fosters valuable networking opportunities. Furthermore, the growing demand for artificial turf in the Asia-Pacific region, driven by factors like the popularity of sports and leisure activities, urbanization, and environmental concerns, positions these companies for continued market growth in the years ahead.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for artificial turf was USD 79.9 billion in 2023 and is expected to reach USD 141.6 billion by 2032 due to its growing prominence in the landscaping industry for both residential and commercial purposes, providing evergreen, low-maintenance lawns and green spaces worldwide.

Artificial turf industry from the polyethylene material segment reached USD 28.9 billion in 2022 and is expected to register a commendable CAGR from 2023-2032 on account of its affordability and UV resistance, making it suitable for low-traffic and residential applications.

U.S. industry size for artificial turf recorded USD 20.9 billion in 2022 and is expected to register a significant CAGR from 2023-2032 owing to a growing emphasis on sustainability and eco-friendly practices in the region.

Act Global, CoCreation Grass, Condor Group, Dow Inc., EasyTurf, FieldTurf, ForeverLawn, ForestGrass, Global Syn-Turf, and Polytan, are some of the major artificial turf companies worldwide.