Artificial Turf Market to grow at a CAGR of 6.3% from 2023 to 2030
Introduction
Artificial turf, commonly known as synthetic grass, has become a popular alternative to natural grass in various applications, ranging from sports fields to landscaping. It offers a low-maintenance, cost-effective, and durable solution for areas where natural grass may be challenging to maintain due to environmental conditions or heavy usage. The global artificial turf market is witnessing steady growth, driven by increasing adoption in sports infrastructure, residential and commercial landscaping, and the rising need for water conservation.
The global artificial turf market was valued at approximately USD 3.7 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2023 to 2030, reaching an estimated value of USD 4.8 billion by 2030. This growth is fueled by increasing sports infrastructure development, landscaping projects, and awareness of water conservation benefits.
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Introduction
Artificial turf, commonly known as synthetic grass, has become a popular alternative to natural grass in various applications, ranging from sports fields to landscaping. It offers a low-maintenance, cost-effective, and durable solution for areas where natural grass may be challenging to maintain due to environmental conditions or heavy usage. The global artificial turf market is witnessing steady growth, driven by increasing adoption in sports infrastructure, residential and commercial landscaping, and the rising need for water conservation.
The global artificial turf market was valued at approximately USD 3.7 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2023 to 2030, reaching an estimated value of USD 4.8 billion by 2030. This growth is fueled by increasing sports infrastructure development, landscaping projects, and awareness of water conservation benefits.
Download Sample PDF Report: https://intentmarketresearch.com/request-sample/artificial-turf-market-3016.html
Artificial Turf Market to grow at a CAGR of 6.3% from 2023 to 2030
Introduction
Artificial turf, commonly known as synthetic grass, has become a popular alternative to natural grass in various applications, ranging from sports fields to landscaping. It offers a low-maintenance, cost-effective, and durable solution for areas where natural grass may be challenging to maintain due to environmental conditions or heavy usage. The global artificial turf market is witnessing steady growth, driven by increasing adoption in sports infrastructure, residential and commercial landscaping, and the rising need for water conservation.
The global artificial turf market was valued at approximately USD 3.7 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2023 to 2030, reaching an estimated value of USD 4.8 billion by 2030. This growth is fueled by increasing sports infrastructure development, landscaping projects, and awareness of water conservation benefits.
Download Sample PDF Report: https://intentmarketresearch.com/request-sample/artificial-turf-market-3016.html