Turf Grass & Turf Solutions Market Size, Share, Growth, and Industry Analysis by Type (Warm Season Turf Grass & Cold Season Turf Grass), By Application (Sports & Athletic Facilities, Residential, Landscapers, Commercial & Others) & Regional Forecast By 2031

Updated On: 22 April 2024

Turf Grass And Turf Solutions Market Report Overview

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The global turf grass & turf solutions market size is USD 14980 million in 2021, as per our research, the market is expected to reach USD 28539.53 million in 2031, exhibiting a CAGR of 6.6% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with turf grass & turf solutions industry experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Turf grass is a particular variety of grass that is bred for use on golf courses, sports fields, and other surfaces that need a tough, aesthetically pleasing ground cover. Turf grasses are distinguished by their capacity to create a uniformed, dense carpet-like surface. On the other side, turf solutions relate to the numerous goods, methods, and services used to create, preserve, and improve turf grass regions. The term "turf solutions" refers to a broad range of techniques and methods used to maintain and improve the appearance of turf.

This involves spreading mature turf grass in rolls or squares over prepared soil surfaces to create an immediate and established lawn. Over prepared soil surfaces, grass seeds are dispersed, allowing the grass to eventually sprout and take root. Turf solutions are used by those who want beautiful and useful turf grass areas, including homeowners, landscapers, sports field managers, golf course superintendents, and others. These options may differ based on the climate, the soil, how the turf will be used, and the desired aesthetics.

COVID-19 Impact: Industry Shutdown Causes Market Distortion

The COVID-19 epidemic caused problems for agriculture companies like volatile markets, a drop in customer confidence, and difficulties with import and export transactions. Markets were shut down and people stayed at home due to the lockdown. However, this sudden demand disrupted the entire market because the necessary materials were not readily available. In addition to having an immediate influence on markets, supply chains, supply and demand, and all of these other things, it also had a financial impact on the markets for food and beverages. Agriculture manufacturers are concentrating on safeguarding their personnel, business processes, and supply chains to deal with this severe scenario. The pandemic impacted the industry dynamics, forcing organizations to revamp their entire operation structures to maintain stability amid the disruptions. Aside from that, the companies' business operations have been affected by the outbreak, which has an effect on the overall agriculture industry. This has partially impacted the turf grass & turf solutions industry.

LATEST TRENDS

"Growing Varieties to Boost the Market Growth"

Due to the need for water conservation and the need to maintain beautiful and useful turf in areas suffering water shortage or drought conditions, drought-tolerant turf variants have grown in importance within the turf grass & turf solutions business. These particular types have been bred to require little water in order to survive and flourish. Bermuda grass is renowned for its exceptional resistance to drought and capacity to bounce back fast from adversity. It can survive and keep its green color even in dry conditions thanks to its deep roots and thick growth habit. Due to its strong endurance for salt, heat, and drought, zoysia grass variants are ideal for coastal locations. Despite their modest growth rate, their deep root system enables them to endure. Thus, during the forecast period, the aforementioned factors are anticipated to fuel market growth. The global market will benefit from these factors. Thus, a key trend that is opening up potential for the industry to grow is the increasing varieties. These new developments are mostly to blame for the market's overall growth.

Turf Grass And Turf Solutions Market Segmentation

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• By Types 

Based on type, the market is classified into warm season turf grass & cold season turf grass.

• By Application

Based on the market is categorized into sports & athletic facilities, residential, landscapers, commercial & others.

DRIVING FACTORS

"Sports Industry that Gives the Market Extra Boost"

A major driver of the market that has a big impact on turf grass & turf solutions is the expanding sports industry. High-quality turf grass is necessary for the building of sports grounds, such as football/soccer fields, baseball/softball diamonds, rugby pitches and tennis courts. These fields must adhere to strict requirements for playability, sturdiness, and safety. As more sports facilities are built or existing ones undergo renovations, there is an increase in the need for these solutions. It is essential in producing a surface that is appropriate for sporting events. It must provide good ball responsiveness, traction, and stress absorption. The need for sophisticated turf solutions is driven by the special performance and safety criteria that professional athletes and sports organizations frequently have for their playing grounds. As a result, the growth, and the increasing demand in sports industry will boost the industry. It will contribute to the expansion of the agriculture industry and it will improve the turf grass & turf solutions market growth.

"Environmental Benefits to Encourage Market Expansion"

Another aspect boosting market expansion is the numerous environmental advantages that the turf grass & turf solutions sector provides. Turf grass is essential in halting soil erosion. Turf grass has extensive root systems that help to bind the soil together and lessen the likelihood of soil erosion from wind and water. This is crucial in regions with frequent heavy rain or strong winds. As rainwater seeps into the soil, it serves as a natural filter, eliminating impurities and debris. The extensive network of grass roots aids in slowing down water movement, improving filtration and absorption. Turf grass can also lessen stormwater runoff, which aids in water resource conservation and lowers the chance of flooding. Like other plants, turf grass absorbs carbon dioxide (CO2) from the atmosphere through photosynthesis. The carbon is then stored in the grass and soil, contributing to carbon sequestration. As a result, these factors are collectively promoting market expansion, increasing company revenues. As a result, above mentioned factors will help the market to boost.

RESTRAINING FACTORS

"High Maintenance Cost to Impede Market Expansion"

The market is being hampered by hefty maintenance costs. They can have somewhat expensive installation and maintenance expenses. Regular watering, mowing, fertilization, and pest management are necessary for natural grass, which can increase overall costs. Similar to natural turf, artificial turf systems need to be installed and maintained on a regular basis to ensure their performance and lifespan. This obstacle prevents the market from growing. This factor is impeding market expansion. This may be a significant issue limiting market expansion. If this problem is fixed, the market will start to grow right away.

Turf Grass And Turf Solutions Market Regional Insights

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"North America Dominating the Market Across the Globe"

The market for turf grass & turf solutions is in North America has benefited from the region's expanding industrial development, and various driving factors which has increased the potential sectors as this region is the largest user of the product. The key factor driving the growth of the turf grass & turf solutions industry share is the growing demand of products in sports & athletic facilities, residential, landscapers & commercial is one of the major reasons to drive the market. Rapid urbanization developments will further boost the overall market.

KEY INDUSTRY PLAYERS

"Leading Manufacturers to Boost Product Demand"

Study includes information on the market players and where they stand within the sector. Data is being collected and made available through proper research, mergers, technical advancement, growing production facilities, and cooperation. The study on materials offers details on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more.

List of Market Players Profiled

•              Maxim Integrated (U.S.)
•               Turf Solutions Ltd (U.S.)
•               Emark Mfg. Co. Inc (U.S.)
•              Turf Products (U.S.)

REPORT COVERAGE

The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost turf grass & turf solutions market share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information