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Report ID: AG0005
Pages: 153
Base Year: 2024
Format: PDF
Historical Date: 2019-2023
MARKET SCOPE:
The global natural turf market is projected to grow significantly, registering a CAGR of 4.5% during the forecast period (2024 – 2032).
The natural turf market presents a diverse landscape with various turf types, including Bermuda, Zoysia, Fescue, and others, catering to distinct needs. Applications span across golf courses, sports stadiums, landscaping, and more, reflecting a versatile market accommodating different sectors. With a nuanced selection of turf varieties and applications, the market addresses the preferences of diverse end-users, offering tailored solutions for golfing, sports events, and aesthetic landscaping. The scope encompasses a wide array of choices, making the natural turf market a comprehensive platform for stakeholders in the sports, leisure, and landscaping industries.
MARKET OVERVIEW:
Driver: Increasing awareness and preference for sustainable and eco-friendly landscaping solutions is helping the market growth.
A key driver propelling the Natural Turf Market is the increasing awareness and preference for sustainable and eco-friendly landscaping solutions. With a growing emphasis on environmental conservation and green practices, natural turf serves as an attractive alternative to artificial surfaces. The demand is fueled by the desire for aesthetically pleasing landscapes that contribute to ecological balance. Additionally, natural turf offers benefits such as natural cooling, reduced heat island effect, and improved water absorption, making it a preferred choice for environmentally conscious consumers and urban planners alike.
Opportunities: Expanding application scope are expected to pave the way for market growth in the upcoming years.
An emerging opportunity within the Natural Turf Market lies in the increasing trend of urban green spaces and recreational areas. As urbanization progresses, there is a rising need for greenery within cities to counterbalance concrete landscapes. The market can tap into this opportunity by providing turf solutions suitable for parks, community spaces, and urban recreational areas. Furthermore, with the growing awareness of the mental and physical health benefits associated with green environments, natural turf becomes a desirable option for creating rejuvenating urban spaces.
COVID IMPACT:
The COVID-19 pandemic has impacted the Natural Turf Market in various ways. Lockdowns and restrictions temporarily halted landscaping projects and sports events, affecting the immediate demand for turf installations. However, the increased focus on outdoor spaces and the surge in home gardening during lockdowns created a heightened interest in natural turf for residential landscapes. As people sought safe and accessible outdoor spaces, the market experienced a shift in demand towards residential applications. This change in consumer behavior and the renewed appreciation for outdoor spaces have provided opportunities for the Natural Turf Market to adapt and thrive in the post-pandemic landscape.
SEGMENTATION ANALYSIS:
The application sector of market is anticipated to grow significantly during the forecast period.
The natural turf market demonstrates a nuanced segmentation strategy, distinguishing turf types and applications to cater to diverse needs. In terms of turf types, Bermuda emerges as a resilient choice suitable for warm climates, finding extensive use in high-traffic areas like sports fields and golf courses. Zoysia, known for its fine texture and heat tolerance, becomes a versatile option for residential and commercial landscapes. Fescue, with its cool-season tolerance, becomes a favored choice for lawns in temperate regions. The “Others” category encapsulates additional turf varieties, offering a broad spectrum of options to address unique preferences and environmental conditions.
Moving to applications, golf courses benefit from the durability of turf types like Bermuda and Zoysia, providing a lush playing surface. Sports stadiums, demanding resilient and safe playing fields, often opt for robust turf varieties like Bermuda. Landscaping applications witness the utilization of turf varieties such as Fescue and Zoysia, enhancing the visual appeal of residential and commercial spaces. The “Others” category embraces a myriad of applications, showcasing the adaptability of various turf types to meet specific needs in recreational areas and public spaces. This comprehensive segmentation analysis equips stakeholders with insights into the varied preferences and applications, facilitating effective navigation of the diverse Natural Turf Market.
REGIONAL ANALYSIS:
The North America region will continue to dominate market during the forecast period.
North America is poised to take the lead in the global natural turf market, showcasing a prominent position that stems from various contributing factors. One pivotal element is the well-established landscaping culture embedded in the region. With a rich tradition of valuing outdoor aesthetics, North America has fostered a strong demand for natural turf in residential, commercial, and public spaces. This cultural affinity towards lush green landscapes has driven the adoption of natural grass, making it an integral part of the region’s outdoor design and urban planning.
Moreover, the prevalence of temperate climates across a substantial portion of North America plays a pivotal role in its dominance in the natural turf market. The suitability of temperate conditions creates an ideal environment for the growth and maintenance of natural grass varieties. Home to diverse ecosystems, ranging from coastal areas to inland regions, North America’s climate supports the flourishing of different grass species. This not only enhances the appeal of natural landscapes but also contributes to the robust performance and sustainability of natural grass in various applications.
COMPETITIVE ANALYSIS
The global Natural Turf market is reasonably competitive with mergers, acquisitions, and Application launches. See some of the major key players in the market.
Scope of the Report
Keys reasons to purchasing this report
** In – depth qualitative analysis will be provided in the final report subject to market
Primary and Secondary Research
In order to understand the market in detail we conduct primary and secondary research. We collect as much information as we can from the market experts through primary research. We contact the experts from both demand and supply side and conduct interviews to understand the actual market scenario. In secondary research, we study and gather the data from various secondary sources such as company annual reports, press releases, whitepapers, paid databases, journals, and many other online sources. With the help of the primary interviews, we validate the data collected from secondary sources and get a deep understanding on the subject matter. Post this our team uses statistical tools to analyses the data to arrive at a conclusion and draft it in presentable manner.
Market Size Estimations
Understanding and presenting the data collected is a crucial task. Market sizing is a critical part of the data analysis and this task is performed by using Top-down and bottom-up approaches. In this process, we place different data points, market information and industry trends at a suitable space. This placement helps us presume the estimated & forecast values for coming few years. We use several mathematical and statistical models to estimate the market sizes of different countries and segments. Each of this is further added up to outline the total market. These approaches are individually done on regional/country and segment level.
Data Triangulation
As we arrive at the total market sizes, the market is again broken down into segments and subsegments. This process is called as data triangulation and is implementable wherever applicable. This step not only helps us conclude the overall market engineering process, but also gives an assurance on accuracy of the data generated. The data is triangulated based on studying the market trends, various growth factors, and aspects of both demand and supply side.