Global Turf Protection Market Report 2023: Forecast Market Size, Growth Rate And Key Drivers
18 Jul, 2023
The global turf protection market size is expected to grow from $6.18 billion in 2022 to $6.52 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global turf protection market size is expected to reach $7.81 billion in 2027 at a CAGR of 4.6%.
Global Turf Protection Market Key Driver
The growing emphasis on sports is projected to drive the growth of the grass protection market in the future. Sport is a physical and mental skill-based activity with a primary focus on the activity and aspects of competition or social engagement. Turf protection is typically utilised as an artificial surface that appears and performs like genuine grass on sports grounds or stadiums. It aids in the drainage of water, the reduction of storage space required, and the prevention of damage.
Get a sample of the global turf protection market reportGlobal Turf Protection Market Segments
The global turf protection market is segmented:
1) By Product: Stress Protection, Pest Protection, Scarification
2) By Type: Mechanical, Chemical, Biological
3) By Application: Landscaping, Golf, Sports, Sod Growers
4) By Geography: The regions covered in the turf protection market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global turf protection market.
Major Turf Protection Industry Players
Backyard Organics LLC, Corebiologic LLC, Eco Sustainable Solutions Ltd., Epicore Bionetworks Inc., Evans Turf Supplies Ltd, FMC Corporation, Idemitsu Kosan Company Ltd., Nuturf Pty. Ltd., Dow Agro Sciences LLC, Pure Ag LLC., Syngenta AG, AMVAC Chemical Corporation, BASF SE, Bayer AG, UPL Limited
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Turf Protection Market Overview
Turf protection refers to flooring materials that are perforated, allowing air, water, and light to saturate the subsurface and protect turf from melting. It is used to protect and improve the appearance of turfgrass by reducing damage.
Turf Protection Global Market Report 2023 provides data on the global turf protection market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The turf protection market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.