
Published On: Mar 2022
Published On: Mar 2022
According to a new market research study on “MEA Artificial Turf Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Material and Application” is expected to reach US$ 124.59 million by 2028 from 89.63 US$ million in 2021. The market is estimated to grow at a CAGR of 4.8% from 2021 to 2028. The report provides trends prevailing in the MEA artificial turf market along with the drivers and restraints pertaining to the market growth. New product innovations is the major factor driving the growth of the MEA artificial turf market. However, issues associated with huge volumes of plastics being used hinders the growth of MEA artificial turf market.
MEA artificial turf market is segmented into material, application, and country. Based on material, the MEA artificial turf market is segmented into polyethylene, polypropylene, polyamide, and others. The polyethylene segment led the MEA artificial turf market in 2020. Based on the application, the MEA artificial turf market has been segmented into residential, commercial, and sport. The sports segment held the largest share of the MEA artificial turf market in 2020. Based on country, the MEA artificial turf market is segmented into Saudi Arabia, South Africa, UAE, and Rest of MEA. UAE held the largest market share in 2020.
South Africa recorded the highest COVID-19 cases in the MEA, followed by the UAE and Saudi Arabia. The UAE was the first country in the region to report the first confirmed case of COVID-19. Due to the lockdown in the MEA countries, the distribution network was significantly disrupted, which affected the sales of artificial turfs. However, the circumstances are far better than earlier. The marketplace is experiencing positive recovery signs, and the sales of artificial turfs have surged.
Act Global; CCGrass; HATKO; SIS Pitches; Tarkett; TenCate Grass; and The Dow Chemical Company are among the leading companies in the MEA artificial turf market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Act Global announced launch of custom turnkey solutions to aid private schools and institutions plan, design, and install a synthetic turf sports field that fits their budget and meets their athletic as well as community needs.
MEA Artificial Turf Market
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