Europe Artificial Turf Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Polyethylene, Polypropylene, Polyamide, and Others) and Application (Residential, Commercial, and Sport)
The artificial turf market in Europe is expected to grow from US$ 918.60 million in 2021 to US$ 1,343.13 million by 2028. It is estimated to grow at a CAGR of 5.6% from 2021 to 2028.
Artificial turf is suitable for different types of sports, but it is commonly used for sports such as baseball, football, lacrosse, rugby, and soccer. Artificial turf systems are popular in sports arenas due to easy maintenance, more playing time, and excellent durability. The acceptance of artificial turf by various sports associations has increased developments and production of artificial turf. Moreover, artificial turf installation is becoming a common choice for stadiums due to advances in turf technology. Hence, the growing demand for artificial turf from the sports industry and an increasing number of stadiums using artificial turf are driving this market.
Based on the application, the Europe artificial turf market has been segmented into residential, commercial, and sport. The sports segment held the largest share of the Europe artificial turf market in 2020. It is one of the most crucial application segments of artificial turf and is most often used for baseball, football, rugby, soccer, lacrosse, and others. It is mainly used to provide an adequate surface for sports played on grass in areas where maintaining natural grass is difficult. It is also commonly used in sports stadiums and arenas. Artificial turf help in increasing playing and practice time, as athletes can train daily without concern about the weather on these fields, and it is also designed by keeping the safety of athletes in mind. There is a high demand for artificial turf due to easy maintenance and more playing time from the sports industry. Moreover, market growth is attributed to the introduction of high-quality artificial turf products by the market players approved by various associations, such as the Federation Internationale de Football Association (FIFA) and others.
In Europe, France, Russia, and the UK are the worst-hit countries by the COVID-19 pandemic. These countries suffered economic downfall due to restrictions on industrial activities because of the lockdowns and border restrictions. The artificial turf market across the region suffered huge losses as people preferred buying essential goods over non-essential and luxury commodities. However, the lockdown restrictions are being slowly lifted in some countries in Europe. This factor is expected to positively impact the chemicals & materials industries, including the artificial turf market, over the forecast period.
The overall Europe artificial turf market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the Europe artificial turf market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in Europe. Act Global; CCGrass; GreenFields BV; HATKO; Hellas Construction, Inc.; SIS Pitches; Tarkett; TenCate Grass; The Dow Chemical Company; and Victoria PLC are among the key players operating in the artificial turf market in this region.
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