The artificial grass turf surface is made of plastic pellets, and the grass consists of filaments threaded into the surface. The increased demand for artificial grass turf in regions where the environmental conditions are arid and hostile is the primary driver for the market growth. Technavios market research analyst predicts the global artificial grass turf market to grow at a CAGR of 12% during the forecast period.
However, the high setup cost is expected to deter the market growth during the forecast period. The initial cost of installing an artificial grass turf is high and ranges from USD 1.59 to USD 4.00 per square foot depending on the type of artificial turf. Consumers in such regions prefer using the natural grass turf as it is cheaper rather than purchasing the costlier artificial grass turf.
Complete
report details @ https://www.wiseguyreports.com/reports/global-artificial-grass-turf-market-market-research-report-2015-2019
.
Segmentation by application and
analysis of the artificial grass turf market
- Contact sports
- Leisure
- Landscaping
- Hockey
- Tennis
Contact sports accounted for 44% of
the market shares during 2014. The use of artificial grass turf for American
football has been popular since the 1960's due to the unfavorable environment
conditions in America.
Geographical segmentation and
analysis of the global artificial grass turf market
- Americas
- APAC
- EMEA
EMEA accounted for the largest
market share of around 42% during 2014. Developed countries such as the UK,
Germany, and France were the key contributors in this region. However, the
research report predicts the region to lose its shares to the APAC region
during the forecast period. APAC is anticipated to be the fastest growing
region until the end of 2019.
Competitive landscape and key
vendors
The global artificial grass turf
market is dominated by the key vendors competing on the basis of basis of
product differentiation, portfolio, and pricing. Pricing strategies and
innovative services among leading companies play a significant role in driving
the growth of the market. The research report predicts the competition to
intensify during the forecast period due to the increase in product extensions.
The leading vendors in the market
are
- CoCreation Grass
- FieldTurf
- GardenGrass
- GrassTex
- SYNLawn
- The GreenFields
Other vendors in the market include
Artificial Grass, Artificial Lawn Company, Avalon, Challenger Industries,
DuPont, Easigrass, Global Syn-Turf, NewGrass, and TigerTurf Americas.
Make an enquiry before buy this report@ https://www.wiseguyreports.com/enquiry/global-artificial-grass-turf-market-market-research-report-2015-2019
.
Key questions answered in the report
include
·
What will
the market size and the growth rate be in 2019
·
What are
the key factors driving the global artificial grass turf market
·
What are
the key market trends impacting the growth of the global artificial grass turf
market
·
What are
the challenges to market growth
·
Who are
the key vendors in the artificial grass turf market
·
What are
the market opportunities and threats faced by the vendors in the artificial
grass turf market
·
Trending
factors influencing the market shares of the Americas, APAC, and EMEA
·
What are
the key outcomes of the five forces analysis of the global artificial grass
turf market
Check Discount on this report @ https://www.wiseguyreports.com/check_discount/global-artificial-grass-turf-market-market-research-report-2015-2019
.
Contact US:
NORAH TRENT
Partner Relations
& Marketing Manager
sales@wiseguyreports.comPh: +1-646-845-9349 (US)
Ph: +44 208 133 9349 (UK)
No comments:
Post a Comment