The global playground hybrid turf market is estimated to be valued at US$ 5,388 million in 2021, according to the Playground Hybrid Turf Market Report, 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), published by Coherent Market Insights.
The global playground hybrid turf market was valued at US$ 5,388 million in 2021. Hybrid turf is mostly used for sports such as football, baseball, hockey, and golf which are normally played on grass. Hybrid turf creates virtual conditions and provides a grass-like surface for players to practice on. Its application is usually found on sports arenas such as stadiums that are covered or partially covered with hybrid grass.
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https://www.coherentmarketinsights.com/market-insight/playground-hybrid-turf-market-5024
Browse 50 market data tables* and 40 figures* on "Playground Hybrid Turf Market” - Global Forecast to 2028.
Key Trends and Analysis of the Global Playground Hybrid Turf Market:
- Among type, With PP Artificial Grass Turf segment accounted for the significant share in the playground hybrid turf market in terms of both volume and revenue in 2021 and is anticipated to continue its dominance over the projected period. Polypropylene-based artificial turfs are known for their longer lifespan and lower costs, and therefore, acquired a significant share, in terms of consumption, in 2021.
- Among application, the public playground segment held a dominant position in the global playground hybrid turf market in 2021 and is expected to retain its dominance over the forecast period. Furthermore, hybrid turf for commercial applications is widely utilized in public gardens, walkways, amusement parks, among other public utility spaces.
Key Takeaways of the Global Playground Hybrid Turf Market:
- North America held a dominant position in the global playground hybrid turf market and was valued at US$ 1,393.31 million in 2021. The region is projected to witness a CAGR of 7.10%, in terms of revenue, during the forecast period. The U.S. and Canada are major economies in North America. Hybrid turf is suitable for different types of sports, but it is commonly used for sports such as football, baseball, lacrosse, rugby, and soccer. Hybrid turf systems are popular in sports arenas due to more playing time, excellent durability, and easy maintenance. The acceptance of artificial turf by various sports associations has increased the development and production of hybrid turf. Moreover, hybrid turf installation is becoming a common choice for stadiums due to advances in turf technology.
- Asia Pacific is projected to be the fastest-growing market, witnessing the highest CAGR during the forecast period. Factors such as a rise in the development of contact sports such as football and high-technology parks, rapid urbanization, and growing popularity of hybrid grass in residential and commercial landscaping, municipalities, and public gardens coupled with the strong presence of hybrid grass manufacturers are the main factors contributing to the growth of the Asia Pacific playground hybrid turf market.
- Major players operating in the global playground hybrid turf market include Shaw Sports Turf, Ten Cate, Hellas Construction, FieldTurf, SportGroup Holding, ACT Global Sports, Controlled Products, Sprinturf, CoCreation Grass, and Domo Sports Grass
- Technology launches, acquisitions, and research and development (R&D) activities are key strategies adopted by players in the global playground hybrid turf For instance, in June 2020, ProGreen, a division of Sprinturf LLC, acquired PROLAWN, a major synthetic grass installer for residential and commercial purposes. This helps ProGreen expand its business in the residential and commercial segments in North America.
Global Playground Hybrid Turf Market - Impact of Coronavirus (COVID-19) Pandemic
- In 2020, the COVID-19 pandemic had a direct impact on the playground hybrid turf market growth rate, owing to disruption in the supply chain, decreasing construction activities, and shutdown of chemical manufacturing units providing raw materials. Reduction in the number of sports events and stringent social distancing norms also negatively affected demand in 2020. In addition, the temporary shutdown of school playgrounds, public playgrounds, and stadiums had limited the market revenue growth in the same year.
