How big is the artificial turf market?

It is expected to grow to $114.3 billion in 2028

The artificial turf market is growing rapidly and becoming an important part of various industries. According to data from 2023, the global artificial turf market value has reached a staggering US$82.3 billion, and is expected to further grow to US$114.3 billion in 2028. The booming development of this market is mainly due to its wide application in construction, automobile and other fields. The demand for artificial turf is not limited to sports venues or courtyard decoration, they are also widely used in landscape design, road greening, etc.

The market outlook for artificial turf is very optimistic

As people become more aware of sustainability and environmental protection, more and more people are turning to artificial turf. Compared with natural lawns, artificial turf does not require frequent maintenance, reduces the demand for water resources, and avoids the negative impact on the environment caused by the use of chemical fertilizers and pesticides. Therefore, the market prospects of artificial turf are very optimistic.

There is a large demand in many industries

In addition, the application range of artificial turf is also expanding. In addition to traditional sports venues and courtyards, the construction industry has also begun to use artificial turf as decorative elements to add unique style and green atmosphere to buildings. The automotive industry is also actively exploring the application of artificial turf, such as in car interior decoration and car display areas.

Bringing new impetus and opportunities to global brands

Taken together, as the artificial turf market continues to expand and the demand for sustainable development increases, the artificial turf industry will continue to maintain steady growth. It is expected that the compound annual growth rate of this industry will remain at around 6.5% in the next few years, bringing new impetus and opportunities to global economic development.