MarketResearchReports.Biz has announced addition of new report "Global Sports Turf Market 2015-2019" to its database.
Market outlook of the global sports turf market
Sports turf is used to cover the field or surface used for playing sports. It finds application in a variety of sports premises like rugby, football, golf, hockey, baseball, tennis, lacrosse, and athletics. Technavios market research analyst has estimated the global market for sports turf to post a healthy market growth rate of more than 11% by 2019. Innovations pertaining to product quality and design are responsible for this markets healthy growth during the forecast period.
Recent growth in the sale of artificial turf is a significant factor that drives growth in this market during the forecast period. Artificial grass involves low maintenance costs and does not require irrigation, mowing, trimming, watering, and pesticides. Even though the initial cost of installing artificial grass is high, consumers can recoup their investment through low water bills and maintenance costs.
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Geographical segmentation of the sports turf market
APAC
EMEA
Americas
In this market research report, analysts have estimated the EMEA region to account for the highest market share followed by the Americas and the APAC region. High market share of EMEA can be attributed to its sound sports infrastructure and high popularity of sporting events like football, tennis, hockey, and golf in this region.
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Competitive landscape and key vendors
This market is characterized by the presence of a few large vendors like FieldTurf and ForestGrass, who continually compete with each other on the basis of product differentiation, portfolio, and pricing to gain maximum traction in the market. Factors like pricing strategies and innovative services among the leading vendors play a significant role in impelling market growth during the forecast period.
Key vendors analyzed in this market are -
FieldTurf
ForestGrass
Greenfields
HG Sports Turf
Sporturf
Other prominent vendors in this market are Artificial Lawn, AstroTurf, Avalon, CCGrass, Challenger Industries, DuPont, Easigrass, Garden Grass, Global Syn-Turf, GrassTex, GTR Turf, NewGrass, SIS Pitches, SYNLawn, TigerTurf Americas, Turf & Garden, Turf Products, and Turf Solutions.
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