The artificial turf business will relinquish germination at a pace of 18.60% for the projection space of 2020 to 2027 that is presently being credited with factors such as growing demand from sports clubs and different venues which boosts the demand of the artificial turf market.
Artificial turf market has shown an exceptional penetration in countries such as Germany, U.S., and China. Growing usage of artificial turf is increasing the penetration in developed countries. In developing countries, the increase in the demand for the third generation artificial turf will act as the opportunity for the global artificial turf market.
Artificial Turf Market Scenario
According to Data Bridge Market Research, the market for artificial turf in Europe region has the highest market share followed by North America and Asia-Pacific and the market leader is Dow, which accounts an estimated market share of approximately 32% to 35% in the Europe region. The company has gained outstanding sales through their wide range of artificial turf that have wide range of applications in sports & leisure sector.
Trends Impacting the Market
Now the question is which other regions Dow, Tarkett Group and TenCate Grass are targeting? Data Bridge Market Research has forecast a large growth in Asia-Pacific artificial turf market and the market leaders targeting China and India to be their next revenue pockets for 2020.
The artificial turf market is becoming more competitive every year with companies such as Dow, Tarkett Group and TenCate Grass as they are the market leaders for artificial turf. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the artificial turf market.
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Artificial Turf Market Development
Artificial turf market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Rest of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Hong Kong, Taiwan, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel, Rest of Middle East and Africa.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of artificial turf companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-artificial-turf-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Browse in FMCG Category Related Reports@ https://www.databridgemarketresearch.com/report-category/fmcg
Global Artificial Turf Market – Industry Trends and Forecast to 2027
Europe Artificial Turf Market – Industry Trends and Forecast to 2027
North America Artificial Turf Market – Industry Trends and Forecast to 2027
Middle East and Africa Artificial Turf Market – Industry Trends and Forecast to 2027
Asia-Pacific Artificial Turf Market – Industry Trends and Forecast to 2027