The global sports turf market is expected to grow at a CAGR of 6.5% during the forecast period (2022-2028). There is a change in the field by several game agencies and their ground. They are shifting to sports turf as their field surface. For instance, in April 2021, Carolina Panthers announced that they are making a change in their field. They are shifting to artificial turf field in place of natural grass. This new field will be replaced in summer. This field turf have also been used in other NFL stadiums such as Atlanta, Detroit, New England, Seattle and New York Giants/Jets. It has also been used in other 11 NFL practice facilities such as those six teams plus Green Bay, Philadelphia, Pittsburgh, Tampa Bay and Washington. This decision was made in at the full MLS season in 2022. Up to 30 professional games a year will be played in the stadium, in addition to the concerts, college football games and other events Bank of America Stadium is planning to host. With two major professional sports franchises using Bank of America Stadium, and more events upcoming, having a natural grass surface is going to be a heavy lift.
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Consortium of sports field providers have taken up the initiative of building a fare facility for professional sports. For instance, in April 2022, Elite Pitch Alliance which is a consortium of industry leaders have launched an initiative to provide the solutions to stadium venues. Training facilities in Canada and Mexico will be provided by them for the 2026 World Cup. STRI, DA Hogan & Associates, and Sports Fields Inc. are the founding members of the consortium.
Some major players in the market include Graham Turf Seeds Ltd., Columbia Seed Co., Ltd., DLF Pickseed USA, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in July 2021, ground made of field turf have been launched at Sreenidhi Football Club. This is situated in aziznagar, india.
Competitive Landscape-
Graham Turf Seeds Ltd., Columbia Seed Co., Ltd., DLF Pickseed USA, among others.
By Resin Type
PP Sports Turf
PE Sports Turf
Nylon Sports
Others
By Application
Football
Golf
Baseball
By End-User
Clubs
League
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Scope of the Report
The research study analyzes the Global Sports Turf industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Sports Turf Market Report
1. What was the Global Sports Turf Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Sports Turf Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Sports Turf Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Sports Turf market.
- The market share of the Global Sports Turf market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Sports Turf market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Sports Turf market.
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