Global Artificial Grass Market Analysis

Aug 2019| VMR1210A| Verified Market Research

Report Highlights

Global Artificial Grass Market Analysis

According to Verified Market Research, Global Artificial Grass Market was valued at USD 3.33 Billion in 2018 and is projected to reach USD 5.61 Billion by 2026, growing at a CAGR of 6.73 % from 2019 to 2026.

What is Artificial Grass?

Artificial grass is made up of synthetic, man-made fibers that seem like real grass. These grass are green in color and are available in different pile heights. It is manufactured in the same way as carpet and has a solid backing and then the blades are machine stitched on.

 

Global Artificial Grass Market Outlook

Renovation of sport field and facility improvements will have a tremendous effect on the growth of the artificial grass market. A growing number of high schools, colleges, professional sports teams, municipalities, and major hotels are choosing the beauty and functionality of artificial grass. The effects of adoption will resonate throughout the forecast period. Artificial grass for gardens has undergone great developments especially due to busy lives, thanks to numerous innovations across the globe. With artificial grass, can create the lushest and beautiful gardens. 

Owing to bad conditions of original natural lawn and weather challenges, installation of artificial grass is on rise. The sports field and playground of a school is being provided with artificial grass, also increasing interest of property developer to create a green outdoor area that invites the thousands of residents to relax and rejuvenate after a long day of work or school. Artificial grass is maintenance-friendly, besides this retains its color and resilience for many years, most new artificial grass is being produced today also weaves in a brown thatch that mimics the look of dead grass for a natural feel. With the new technology available today, artificial grass has made leaps and bounds on its realistic looking appearance. Recycling concerns of artificial grass and location challenges are several restraining factors for the growth of the market.

Global Artificial Grass Market Competitive Landscape

The “Global Artificial Grass Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Dow dupont, Tarkett, Shaw Industries, Victoria PLC, Controlled Products, ACT Global, Sport Group, Tigerturf, SIS Pitches and Matrix Turf. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.

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