APAC Artificial Turf Market - Industry Trends and Forecast to 2032
Asia-Pacific artificial turf market is expected to reach USD 4,260,452.53 thousand by 2031 from USD 981,796.47 thousand in 2023, growing with a healthy CAGR of 20.2% in the forecast period of 2024 to 2031.
Market Segmentation: Asia-Pacific Artificial Turf Market, By Raw Material (Nylon, Polypropylene, Polyethylene, Polyamides, Jute, Rubber, and Others), Infill Materials (Petroleum-Based, Organic Infill, Sand (Silica) Infill, and Others), Pile Height (Less than 10 mm, 10-30 mm, 30-50 mm, 50-70 mm, 70-100 mm, More than 100 mm), Distribution Channel (Direct Sales/B2B, E-Commerce, Specialty Stores, Convenience Stores, and Others), End-User (Households, Sports & Leisure, Restaurant, Hotels, Airports, Commercial Offices, Pet Areas, and Others), Country (China, Japan, India, South Korea, Australia and New Zealand, Hong Kong, Singapore, Malaysia, Indonesia, Thailand, Philippines, Taiwan, and Rest of Asia-Pacific)- Industry Trends and Forecast To 2031
Overview of Asia-Pacific Artificial Turf Market Dynamics:
Drivers
• Growing demand from sports clubs and different venues
• Easy installation, environment friendly and low maintenance requirements
• Significant in conserving water
Restraints
• Stringent regulations regarding usage of artificial turf
• Disposal of scrap tire
Opportunities
• Increasing demand of third generation artificial turf
• Using recycled tire rubber
Challenges
• Difficulty in maintaining a high field temperature
• Artificial turf is associated with a greater incidence of mechanical injury to the joints than natural fields
Market Players:
The key market players operating in the Asia-Pacific artificial turf market are listed below:
• Synthetic Turf International
• Sport Group
• SpectraTurf (Subsidary of Ecore International)
• xGrass
• Act Global
• Limonta Sport S.p.A (Subsidary of Sports and Leisure Group NV)
• Dow
• CCGrass
• Victoria PLC
• Shawgrass
• Tarkett
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