Market Introduction
The MEA comprises South Africa, Saudi Arabia, the UAE, and the Rest of the MEA. The region is a combination of different economies where some part is recovering from the economic crisis, whereas some parts are financially well. Several Dubai, Abu Dhabi, and Iran are experiencing rapid development with the growth of markets. New investment and better marketing strategies have led to the capture of market share in the MEA. The shift in consumer lifestyles, coupled with industrialization, urbanization, and construction activities, is expected to boost the artificial turf market growth. Besides, there is an increasing demand for artificial turf in sports for both indoor and outdoor, which is further expected to drive the artificial turf market in the region.
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.
Market Overview and Dynamics
The artificial turf market in MEA is expected to grow from US$ 89.63 million in 2021 to US$ 124.59 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028. Surge in research & development activities for artificial turf due to safety concerns of sports players, government support for the maintenance of artificial turf facilities, and infrastructure to promote sports activities are predicted to propel the market growth in this region during the forecast period. Furthermore, the manufacturers in the region are designing and manufacturing artificial turf for sport, landscape, and leisure applications. The key players are utilizing innovative production processes to manufacture a wide range of artificial turf that meets a variety of sports and leisure performance standards.
Key Market Segments
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.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the artificial turf market in MEA 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; HATKO; SIS Pitches; Tarkett; TenCate Grass; and The Dow Chemical Company.
Reasons to buy report
MEA Artificial Turf Market Segmentation
MEA Artificial Turf Market - By Material
MEA Artificial Turf Market - By Application
MEA Artificial Turf Market - By Country
MEA Artificial Turf Market - Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 89.63 Million |
| Market Size by 2028 | US$ 124.59 Million |
| CAGR (2021 - 2028) | 4.8% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Material
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
The Middle East and Africa Artificial Turf Market is valued at US$ 89.63 Million in 2021, it is projected to reach US$ 124.59 Million by 2028.
As per our report Middle East and Africa Artificial Turf Market, the market size is valued at US$ 89.63 Million in 2021, projecting it to reach US$ 124.59 Million by 2028. This translates to a CAGR of approximately 4.8% during the forecast period.
The Middle East and Africa 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 Middle East and Africa Artificial Turf Market report:
The Middle East and Africa Artificial Turf Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Artificial Turf Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Artificial Turf Market value chain can benefit from the information contained in a comprehensive market report.
Please tell us your area of interest
(Market Segments/ Regions and Countries/ Companies)
E 1803, Panchshil Towers,
Wagholi, Haveli,
Pune - 412207,
Maharashtra, India
US:+16467917070
sales@businessmarketinsights.com
Get Free Sample For Middle East and Africa Artificial Turf Market
