Playground Surface Materials( Artificial Turf ) Market 2022 to 2026
The global playground surface materials market was valued at US$ 3.73 Bn by 2017 end and is expected to expand 1.5X over the forecast period to reach US$ 5.85 Bn by the end of 2026
PMR delivers key insights on the global Playground Surface Materials(Artificial Turf ) Market in its revised report titled ‘Playground Surface Materials(Artificial Turf ) Market: Global Industry Analysis 2013-2017 and Forecast 2018-2026’. The long-term outlook on the global Playground Surface Materials(Artificial Turf ) Market is anticipated to remain positive with the market value expected to increase at a CAGR of 6.2% over the forecast period.
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The Playground Surface Materials Market is a growing industry that caters to the needs of businesses, organizations and municipalities who are looking for safe and durable surfacing materials for their playgrounds. These materials come in a variety of shapes, sizes and colours to meet the specific requirements of each customer. The Playground Surface Materials Market offers high-quality products at competitive prices and has been able to meet the demands of its customers across North America.
The Playground Surface Materials Market offers different types of surfaces such as rubber mulch, safety tiles, artificial turf, poured in place rubberized surface and synthetic grass. Each material has its own unique characteristics which can be tailored to suit any environment or climate. Rubber mulch provides cushioning and shock absorption, and it is slip-resistant. Safety tiles are available in different sizes and shapes, making them a great option for playgrounds with multiple levels or areas. Artificial turf provides a realistic grass-like feel, while poured in place rubberized surfaces are low maintenance and durable.
The Playground Surface Materials Market also provides installation services for all their products, ensuring that the playground is set up safely and securely. The team has experienced personnel who can provide advice on the best materials to use, as well as how to install them properly in order to maximize performance and ensure longevity of the surface material.
Key Companies-
- Koninklijke Ten Cate bv
- Zeager Bros. Inc.
- The Fibar Group LLC
- Challenger Industries, Inc.
- CCGrass
- All Victory Grass (Guangzhou) Co., Ltd.
- Tarkett S.A.
- Polytan GmbH
- PlayCore, Inc.
- Tarmac
- Accella Polyurethane Systems
- Surface America, Inc.
- LTR Products LLC
- Others
The Playground Surface Materials Market is a growing industry that caters to the needs of businesses, organizations and municipalities who are looking for safe and durable surfacing materials for their playgrounds. These materials come in a variety of shapes, sizes and colours to meet the specific requirements of each customer. The Playground Surface Materials Market offers high-quality products at competitive prices and has been able to meet the demands of its customers across North America.
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Playground Surface Materials(Artificial Turf ) Market
Growing utilization of artificial turfs in various commercial sport complexes across North America and Europe is expected to assist the growth of the Playground Surface Materials(Artificial Turf ) Market in the coming years. Various factors such as increasing need for water conservation, unfavorable conditions for natural grass and rising number of sports events have been driving the growth of the Playground Surface Materials(Artificial Turf ) Market in the recent past.
The requirement of skilled labor for the installation of playground surface materials such as artificial turf is noted to be a key challenge identified in the global Playground Surface Materials(Artificial Turf ) Market. Proper installation is key for playground surfaces and all playground surface materials must be installed to proper specification in order to eliminate issues regarding irrigation and drainage.
Key manufacturers involved in the global Playground Surface Materials(Artificial Turf ) Market are focusing on mergers & acquisitions in order to strengthen their shares in the market across the globe. For instance, Koninklijke Ten Cate bv has announced various acquisitions of synthetic turf suppliers and installation companies that primarily specialize in the maintenance and construction of synthetic sports fields.
On the basis of material type, market insights suggest that the rubber segment will account for a high share in the Playground Surface Materials(Artificial Turf ) Market throughout the forecast period. The artificial turf segment is pegged to be followed by the rubber, engineered wood fiber segment.
Growing construction of new playgrounds, supported by various upcoming events such as 2020 Summer Olympics and 2022 FIFA World Cup are anticipated to assist the demand for playground surface materials such as artificial turf in the near future.
The Europe Playground Surface Materials(Artificial Turf ) Market is expected to register high sales during the forecast period and remain a high value market. The Asia Pacific Excluding China region is expected to grow at a significant rate in the global Playground Surface Materials(Artificial Turf ) Market over the forecast period.
Latin America and North America markets, together, are expected to account for more than 1/5th of the overall incremental opportunity created during the forecast period.
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The global Playground Surface Materials(Artificial Turf ) Market is fragmented in nature, owing to the presence of a large number of players across the globe. Some of the manufacturers involved in the Playground Surface Materials(Artificial Turf ) Market are focusing on new product developments in order to meet the fast-changing market requirements.
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