Market Introduction
Germany, France, Italy, the UK, Russia, and the Rest of Europe are the main countries of the Europe artificial turf market. With the presence of various artificial turf brands, Europe has been one of the key regions for the global artificial turf market. Europe is anticipated to witness a growing demand for artificial turf during the forecast period, owing to the increasing number of stadiums in the region. As per the Union of European Football Association and Stadium Managers Association, Europe has the highest number of stadiums (1,223).
Further, artificial turf is gaining traction, owing to the replacement of natural grass by artificial turf. This is because natural grass gets easily damaged by rain, which inhibits sports activity. Moreover, artificial turf is used in leisure & landscaping, sports, and other applications. For instance, artificial turf has been used in Europe for large sports industries such as rugby and football. From Germany and the UK to various parts of the Netherlands, artificial turf continues to grow and is an ideal grass substitute. This turf is environmentally friendly, easy to install, and requires low maintenance. All these factors are predicted to bolster the growth of the artificial turf market. The rise in requirements from sports clubs and different venues is also anticipated to boost the demand for artificial turf. Further, 3G (third-generation) artificial turf surfacing is a popular sports pitch material for rugby and football at schools and sports clubs in the UK. 3G surfacing fulfills numerous UK accreditations of soccer and rugby regulating bodies, including FA, FIFA, IRB, RFU, and RFL. The growth in the demand for 3G artificial turf is expected to create lucrative opportunities for the artificial turf market growth.
In Europe, France, Russia, and the UK are among 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 of the countries in Europe. This factor will have a positive impact on the chemicals & materials industries, including the artificial turf market.
Market Overview and Dynamics
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. Europe demand for bio-based products expanding, the players operating in the artificial turf market continue to focus on green and sustainable product offerings. For instance, SYNLawn introduced new bio-based synthetic turf in 2017. The company is paving the way for the future by introducing a new bio-based and environmentally renewable polyethylene (PE) product that is made from Brazilian sugar cane. To produce a new and completely bio-based synthetic turf product, SYNRenew synthetic turf uses soy-based EnviroLoc backing technology with polyethylene fibers made from sugarcane technology. Hence, new product innovations would emerge as a trend in the artificial turf market to cater to the customer demand for various applications.
Key Market Segments
Europe artificial turf market is segmented into material, application, and country. Based on material, the Europe artificial turf market is segmented into polyethylene, polypropylene, polyamide, and others. The polyethylene segment led the Europe artificial turf market in 2020. 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. Based on country, the Europe artificial turf market is segmented into France, Germany, Italy, UK, Russia, and Rest of Europe. Rest of Europe held the largest market share in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the artificial turf market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Act Global; CCGrass; GreenFields BV; HATKO; Hellas Construction, Inc.; SIS Pitches; Tarkett; TenCate Grass; and The Dow Chemical Company; Victoria PLC.
Reasons to buy report
Europe Artificial Turf Market Segmentation
Europe Artificial Turf Market - By Material
Europe Artificial Turf Market - By Application
Europe Artificial Turf Market - By Country
Europe Artificial Turf Market - Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 918.60 Million |
| Market Size by 2028 | US$ 1,343.13 Million |
| CAGR (2021 - 2028) | 5.6% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Material
|
|
Regions and Countries Covered
|
|
| Europe | UK, Germany, France, Russia, Italy, Rest of Europe |
| Market leaders and key company profiles |
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The Europe Artificial Turf Market is valued at US$ 918.60 Million in 2021, it is projected to reach US$ 1,343.13 Million by 2028.
As per our report Europe Artificial Turf Market, the market size is valued at US$ 918.60 Million in 2021, projecting it to reach US$ 1,343.13 Million by 2028. This translates to a CAGR of approximately 5.6% during the forecast period.
The Europe Artificial Turf Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Artificial Turf Market report:
The Europe Artificial Turf Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Artificial Turf Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Artificial Turf Market value chain can benefit from the information contained in a comprehensive market report.
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