Playground Hybrid Turf Market, by Type (With PP Artificial Grass Turf, With PE Artificial Grass Turf, With Nylon Artificial Grass Turf, and Others), by Application (School Playground, Public Playground, Stadium, and Others) and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : May 2022

Code : CMI5024

Pages :105

Formats :

Excel and PDF

Industry : Advanced Materials

Market Challenges And Opportunities

Drivers

A rising need to replace original grass is a key driver of the market growth. Taking care and maintaining original grass is less preferred in many places such as schools and public playgrounds. Especially, in large stadiums, the expenditure is mounting due to the maintenance of original grasses. The exceptional features of the product are no irrigation requirement, low maintenance, and less decorating process. All these features of hybrid turf create a high demand among the end users. Rising awareness of these turfs is impacting their demand from the residential and commercial sectors. The expansion of the market is also high due to rising awareness.

Market Restraints

The high cost of hybrid turf is a restraining factor of the market growth. Hybrid turf requires a heavy investment and the demand for playground hybrid turf is declining due to the cost. The turf is made from polyprene. It increases the overall cost of the hybrid turf product. The installation and final product costs are also high. Many developed stadiums are able to afford the product. However, small stadiums may find it pricey. The surging cost of the product in recent years can decline the adoption rate of hybrid grass. In addition, low-cost market alternatives will continue to be a restraint during the forecast period.