The global Playground Hybrid Turf Market Growth Accelerated by Rise in Popularity of Synthetic Grass and Turf for Playgrounds
Playground Hybrid Turf is a turf surface that consist of artificial grass blades grown and intertwined into an organic material such as coconut fibers and rubber infill. The significant advantages of playground hybrid turf include improved safety, long lasting durability, low maintenance, realistic grass-like appearance, and enhanced playability in all weather conditions as compared to natural grass.
The
global Playground Hybrid Turf Market is estimated to be valued at US$ 7079.83
Mn in 2023 and is expected to exhibit a CAGR
of 4.5% over the forecast period 2024 to 2031, as highlighted in a new
report published by Coherent Market Insights.
Market key trends:
The key trend fueling the growth of the playground
hybrid turf market size is the rise in popularity of synthetic grass
and turf for playground applications. Synthetic turf requires low maintenance
as compared to natural grass and can withstand heavy foot traffic all year
round without compaction or damage, which is driving its increased adoption for
commercial and residential playgrounds. The turf also provides an enhanced
experience for children to play soccer, baseball, and other outdoor activities
regardless of weather conditions like rain or snow. This has boosted the sales
and demand for playground hybrid turf globally.
Segment Analysis
The global playground hybrid turf market is dominated
by the synthetic turf sub-segment. This sub-segment accounts for over 60% share
of the overall market owing to its durability and low maintenance requirements.
Synthetic turf offers enhanced resilience against external elements such as
rain, heat, and sun exposure as compared to natural grass. It eliminates the
need for mowing, watering, fertilizers, and pest control. This translates to
significantly lower maintenance costs for playground owners and operators.
Key Takeaways
The global playground hybrid turf market is expected to witness high growth
over the forecast period of 2024 to 2031. The global Playground Hybrid Turf
Market is estimated to be valued at US$ 7079.83 Mn in 2023 and is expected to
exhibit a CAGR of 4.5% over the forecast period 2024 to 2031.
Regional
analysis shows that North America currently dominates the global market with
over 35% share. Rapid growth in sports infrastructure development and rising
awareness about artificial turf benefits are driving demand in the region. Asia
Pacific is anticipated to be the fastest growing regional market. Factors such
as rising middle-class population and incomes, increasing spending on
recreational facilities, and developing sports culture are boosting market
expansion in the Asia Pacific region.
Key players operating in the playground hybrid turf market are Frinsa, Thai
Union Group PCL, Century Pacific Food Inc., Bumble Bee Foods, LLC, Jealsa,
Grupo Calvo, PT. Aneka Tuna Indonesia, American Tuna, The Jim Pattison Group,
Bolton Group, Dongwon Group.
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more insights on this topic: https://www.newsstatix.com/playground-hybrid-turf-market-share-and-opportunity-analysis/
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