According to the new market research report by IndustryARC titled “Turf Grass and Turf Solutions Market: By Type of Turf (Cold Season and Warm Season); By Inputs (Agrochemicals, Seeds, Equipment); By End Users (Landscapers, Commercial, Residential, Sports, Others); By Geography – Forecast (2018-2023)”, the market will be driven by the increasing demand for packaged lawn, owing to the increasing number of parks, sports facilities and other buildings that use lawns increasingly.
The global Turf Grass and Turf Solutions Market was estimated to register $11777.10 million in 2017 and is projected to reach $16277.4 million by 2023 at a CAGR of 5.5%.
The market is divided into 4 major regions such as America, Europe, APAC and RoW. Turf Grass and Turf Solutions Market is poised to exhibit a healthy growth in the coming years.
Americas continue to lead the market share and growth during 2018-2023.
Americas dominated turf grass and turf solutions market followed by Europe. Americas turf grass and turf solutions market generated revenue of $4141 million in 2017 and is estimated to grow at a CAGR of 4.7% during the forecast period and is expected to reach $5467.6 million by 2023. A growing number of Turfs to trees programs have been established in the U.S market for reforestation. These programs are used to protect and improve habitat and water quality by increasing forest cover by providing incentives to landowners for conversion of excess turfed areas to new forests. The turf glass industry in the U.S. is expected to continue its dominance during the forecast period owing to the strong demand for development of residential and commercial property, and rising affluence.
Selected / Sample Analysis done in the full Report:
Among all the end-user, the residential segment is dominating the market for Turf Grass and Turf Solutions. It is valued at $5.444 billion in 2017 and is estimated to reach revenue of $7.841 billion by 2023 with an anticipated growth of CAGR 6.1% during 2018-2023.
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Excerpts on Market Growth Factors Mentioned in the Full Report:
Increasing awareness among people in maintaining sports facilities and home landscapes fuels the market growth for turf grass and turf solutions market.
Rapid promotion of tourism, increasing area of land under golf courses and gardens is driving the market with significant growth and is expected the same in the forecast period.
Rise in organic farming practices and application of PGRs in drought resistance results in increased demand for use of PGRs in turf grass and turf solutions market.
Technological developments of seeds and turf grasses promising high quality yield to propel the turf grass and turf solutions market growth.
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Key Players of the Turf Grass and Turf Solutions Market:
Bayer Corporation and BASF SE emerged to be the dominant players in the Global Turf Grass and Turf Solutions Market. Bayer Crop Science LP, one of the emerging and key players has witnessed strong revenues for turf grass and turf solutions market.
Turf Grass and Turf Solutions Market Report is Segmented as below.
Turf Grass and Turf Solutions Market By Type:
Cold Season Turf Grasses
Warm Season Turf Grasses
St. Augustine Grass
Turf Grass and Turf Solutions Market By Inputs:
Plant Growth Regulators
Turf Grass and Turf Solutions Market By End Users:
Sports and Athletic Facilities
Based Human Machine Interface Market By Geography ( Covers 12+ Countries )
Turf Grass and Turf Solutions Market Entropy
Companies Citied / Interviewed
ALLIED SEED, LLC
DOW AGROSCIENCES LLC.
HG TURF PTY LTD
SPORTS TURF SOLUTIONS
THE TORO COMPANY
What can you expect from the report?
The Turf Grass and Turf Solutions Market Report is Prepared with the Main Agenda to Cover the following 20 points:
Market Size by Product Categories
Top 10 End user Analysis
Merges & Acquisition Analysis
Demand Analysis ( By Revenue & Volume )
Country level Analysis (10+)
Market Shares Analysis
Value Chain Analysis
Supply Chain Analysis
Current & Future Market Landscape Analysis
Revenue and Volume Analysis
Frequently Asked Questions:
Does IndustryARC publish country, or application based reports in Turf Grass and Turf Solutions Market?
Response: Yes, we do have separate reports and database as mentioned below:
Americas Market for Turf Grass and Turf Solutions (2018-2023)
Europe Market for Turf Grass and Turf Solutions (2018-2023)
Asia-Pacific Market for Turf Grass and Turf Solutions (2018-2023)
Landscapers Market for Turf Grass and Turf Solutions (2018-2023)
Commercial Market for Turf Grass and Turf Solutions (2018-2023)
Residential Market for Turf Grass and Turf Solutions (2018-2023)
Sports and Athletic Facilities Market for Turf Grass and Turf Solutions (2018-2023)
Does IndustryARC provide customized reports and charge additionally for limited customization?
Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization
Increase the level of data in application or end user industry.
Increase the number of countries in geography or product chapter.
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