Global Turf Protection Market Size, Trends, By Product Type (Chemical-Based, Biological-Based), By Application (Golf Courses & Sports Fields, Residential Lawns, Landscaping, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.
Global Turf Protection Market
The Global Turf Protection Market was valued at US$ 6.13 Bn in 2022, estimated to reach US$ 9.49 Bn by 2030, with a CAGR of 4.85% from 2023-2030.
Turf protection refers to the practice of maintaining and preserving natural or artificial turf from damage or degradation caused by environmental factors, such as foot traffic, extreme weather conditions, pests, and diseases. The turf protection market is an important segment of the global agriculture industry, as turfgrass is widely used in residential lawns, parks, sports fields, and golf courses. Turf protection products are designed to enhance the growth, health, and durability of turf while minimizing the risk of damage or decay.
Market Drivers
The global turf protection market is primarily driven by the increasing demand for turf protection products and solutions from various end-use industries such as sports, residential, commercial, and others.
In the sports industry, the growing number of sports events and tournaments, coupled with the increasing popularity of sports activities among the population, is driving the demand for turf protection solutions. In the residential sector, there is a rising trend of landscaping and gardening, which is boosting the demand for turf protection products. Additionally, the increasing number of commercial and public spaces, such as parks, golf courses, and public gardens, is also driving the market growth.
Furthermore, the growing awareness about the benefits of maintaining green spaces and landscaping is expected to create growth for the turf protection market.
Market Restraints
The global turf protection market also faces restraints, such as the high cost of turf protection products, which can limit their adoption among small-scale farmers or residential customers, and the use of synthetic chemicals in turf protection products which raises concerns over their potential environmental impact.
Moreover, the increasing trend towards xeriscaping and artificial turf installations in some regions can negatively affect the demand for natural turf and, subsequently, turf protection products.
Market Segmentation
The scope of the global turf protection market covers segmentation based on product type, application, and region.
Based on the product type, the market can be divided into chemical-based and biological-based. Based on application, the market can be segmented into golf courses & sports fields, residential lawns, landscaping, and others.
Regional Analysis
The global turf protection market is segmented into 5 main regions, namely, North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is currently dominating the turf protection market. The dominance is due to the high number of golf courses and sports fields in the region, which require regular maintenance and protection. The presence of leading players in the region is also driving market growth.
In the Asia Pacific region, the demand for turf protection is expected to witness fast growth due to the increasing adoption of sports and recreational activities, such as golf and soccer, coupled with the rise in disposable income. The increasing focus on beautification and landscaping in public places, commercial spaces, and residential areas is also driving the demand for turf protection products in this region.
Key Players
BASF SE, Syngenta AG, The Andersons Inc, Idemitsu Kosan Co Ltd, FMC Corporation, Corteva Agriscience, Dow Chemical Company, AMVAC Chemical Corporation, Bayer Cropscience AG, Nuturf Pty Ltd, Evans Turf Supplies Ltd, etc.
Market Taxonomy
By Product Type
In this report,
Search for an exact word or phrase by placing the word or phrase in quotation marks ("market trend"). Search for different versions or tenses of a word by placing an asterisk at the end of the word (pharma*).
Please note that your term must be at least three characters long and numbers will be blocked by the # sign.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook