세계의 인조잔디 시장 규모는 2022년에 772억 달러로 평가되며, 2023년 823억 달러에서 2031년에는 1,372억 2,000만 달러로 성장하며, 예측 기간 중(2024-2031년) CAGR은 6.60%로 성장할 전망입니다.
유지관리가 간편하고 내구성이 뛰어나며 비용 효율적인 바닥재 솔루션에 대한 선호도가 높아지면서 인조잔디에 대한 수요가 크게 증가하고 있습니다. 이 제품은 연간 수백만 갤런의 물을 절약할 뿐만 아니라 천연 잔디를 유지하기 위해 일반적으로 사용되는 유해한 화학 물질을 사용할 필요가 없습니다. 미국 건설 산업은 이 시장에서 매우 중요한 역할을 하고 있으며, 주거, 스포츠 및 상업 프로젝트에서 인조잔디 수요가 증가하고 있습니다. 최근 인조잔디는 항균성 등의 발전으로 어린이와 반려동물에 대한 안전성이 향상되고 있습니다. 또한 특히 아시아 지역의 스포츠 참여자 증가가 예상되며, 스포츠 시설에 대한 정부 보조금 증가와 함께 공공장소에서의 인조잔디 수요를 촉진할 것으로 예상됩니다. 합성잔디협의회(Synthetic Turf Council)와 같은 단체의 옹호는 업계의 성장을 더욱 촉진할 것으로 보입니다.
Global Artificial Grass Turf Market size was valued at USD 77.20 billion in 2022 and is poised to grow from USD 82.30 billion in 2023 to USD 137.22 billion by 2031, growing at a CAGR of 6.60% during the forecast period (2024-2031).
The growing preference for low-maintenance, durable, and cost-effective flooring solutions is significantly driving the demand for artificial turf. This product not only conserves millions of gallons of water annually but also eliminates the need for harmful chemicals typically involved in maintaining natural grass. The U.S. construction industry plays a pivotal role in this market, with heightened demand for artificial turf in residential, sports, and commercial projects. Recent advancements, including antibacterial properties in modern turf, enhance its safety for children and pets. Furthermore, the anticipated rise in sports participation, particularly in Asia, alongside increased government funding for sports facilities, is expected to drive the demand for artificial turf in public areas. Advocacy from organizations like the Synthetic Turf Council will further support industry growth.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Artificial Grass Turf market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Artificial Grass Turf Market Segmental Analysis
Global Artificial Grass Turf Market is segmented by Fibre Material, Distribution Channel, Application, and Region. Based on Fibre Material, the market is segmented into Nylon, Polypropylene, Polyethylene, and Others. Based on Distribution Channel, the market is segmented into Offline Stores, and Online Stores. Based on Application, the market is segmented into Sport Courts & Gardens, Residential, and Commercial. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Artificial Grass Turf Market
The global artificial grass turf market is poised for significant growth in the coming years, driven by increasing demand across both residential and commercial sectors due to its minimal upkeep necessities. Factors such as a rise in sporting events and challenging environmental conditions for natural grass cultivation are propelling the use of artificial turf in the sports industry. Modern artificial turf features antibacterial properties, which help mitigate the transmission of germs and bacteria, enhancing safety for users. Additionally, it is free from harmful pesticides found in natural grass, making it a safe option for children and pets. This combination of advantages is expected to create substantial growth opportunities for the artificial turf market.
Restraints in the Global Artificial Grass Turf Market
The Global Artificial Grass Turf market faces several restraints, largely influenced by fluctuations in the oil market. Price volatility, time spreads, and quality spreads have shown significant instability, particularly as stock levels have surged above the five-year average while global demand outlooks have weakened due to increasing supplies. This shift has transitioned time spreads from a state of backwardation to contango. Additionally, marked variability has been observed in the spreads between light sweet and medium sour oil, with the collapse of key spreads, such as Brent-Dubai and WTI-Dubai, highlighting a worldwide shortage of heavier sour crude, which could impact production costs and availability in the turf market.
Market Trends of the Global Artificial Grass Turf Market
The Global Artificial Grass Turf market is poised for significant growth, driven by an increasing preference for low-maintenance landscaping solutions over traditional natural grass. Factors such as water conservation, enhanced durability, and reduced allergy symptoms-especially pertinent to the 19.2 million adults diagnosed with grass allergies in the U.S. alone-contribute to this trend. Additionally, urbanization and the rise in sports and recreational activities further boost demand for synthetic turf in residential, commercial, and athletic applications. As environmental awareness grows, the market is also witnessing innovations in eco-friendly artificial grass varieties, reinforcing its position as a sustainable landscaping choice.