Turf Protection Flooring Market Size, Share, Growth, and Industry Growth by Type (Product for Natural Turf Fields and Product for Synthetic Turf Fields) By Application (Sports Activities and Entertainment Activities) Regional Forecast From 2023 To 2030

Updated On: 20 November 2023

TURF PROTECTION FLOORING MARKET REPORT OVERVIEW

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The global turf protection flooring market size was USD 99 million in 2021 and the market is projected to touch USD 154.6 million by 2028, exhibiting a compound annual growth rate (CAGR) of 6.5% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with turf protection flooring experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels.

Turf protection flooring is a composite matting system protecting the natural and synthetic turf surface in venue or serves as the working platform.

Increase number of stadium and sports facilities and high demand to maintain high quality playing surface are estimated to fuel market growth. Adoption of the material offers far superior in strength. The flooring can be used on both natural and artificial grass. Also, growing awareness about the flooring in entertainment sector. These influences market growth in the forthcoming years. The product is extensively used in non-sports events such as tradeshows, concerts, and parties/events. However skilled people required to perform flooring and high initial cost of the product are estimated to hinder market growth in the forecast years.

COVID-19 Impact: Social Distance Protocols to Hinder Market Progress during Pandemic

Social distance protocols and lockdown restrictions to hamper market growth. Closure of manufacturing units and outdoor places to minimized market growth. Lack of music concerts and government ban on social gather impacted market growth during the pandemic. Further, lower demand for entreating sector across the world implead market growth. Increasing number of COVID-19 cases lower the demand for the product. Fluctuation of raw material prices due to strict lockdown restriction border closer. These factors hampered market growth during the pandemic period.

LATEST TRENDS

"Increase in demand for Grass Protection to Incite Market Growth"

Growing demand for grass protection is estimated to surge market growth. The product helps to protect turf exposed to abrasion. It can protect and perform equally well on both dry and wet flooring. It is an irreplaceable method of protection. High demand to protect grass from thousands of steeping during events. The flooring offers safe and clean surfaces for audiences during mass events (specifically football pitch turf protection, protection of park and garden lawns, and others.). These factors are anticipated to surge market growth in the upcoming years. Increased research and development activities in developing new flooring products is predicted to surge market growth. Increased disposable income and high demand for changing lifestyle are projected to drive turf protection flooring market growth.

TURF PROTECTION FLOORING MARKET SEGMENTATION

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• By Type

Based on type, the market is divided into product for natural turf fields and product for synthetic turf fields.

Product for natural turf fields are expected to be the leading part of the segmentation type.

• By Application

Based on the application, the market is divided into sports activities and entertainment activities.

Sports activities are expected to be the leading part of application segmentation.

DRIVING FACTORS

"Increasing Number of Sport Events to Stimulate Market Growth"

Increase in number sport events such as (football and cricket) is anticipated to expand market growth. Stadium is the place where outdoor games take place. High demand to maintain stadium and perform sport events according to the regulations. Increasing need to maintain the standard of the playing is predicted to surge market progress in the upcoming years. Increasing demand for gain huge revenue from sport events is predicted to propel market growth. Rising demand for grand weeding among millennial population is anticipated to surge market progress. The product can be used on both natural and artificial grasses coupled with allowing sunlight through the material. Such advantages of the flooring are predicted to propel turf protection flooring market growth in the upcoming years.  

"Growing Music Concerts and Open Ceremonies to Foster Market Growth"

Increasing number of music concerts and growing trend for music festival is anticipated to surge market growth. In music concerts huge number of people visit whereas it reflects high demand for clean and safe flooring are projected to drive market growth. The floorings are very durable and without difficulty take on the weight of the stage structure elements and stage equipment. Further, it protects the floor against relatively small loads. High demand to protect the floor before the concerts and events are estimated to fuel market progress. Increasing demand for the product from playgrounds to maintain clean and safe surface for kids. Growing demand for protection of park and garden lawns, and other grass areas are predicted to expand market progress in the upcoming years. Increased number of open ceremonies such as political gatherings, trade shows, and others. Therefore, these features are predicted to expand turf protection flooring market growth in the forthcoming years.

RESTRAINING FACTORS 

High demand for skilled people to perform flooring and high initial cost of the product are likely to hinder market growth in the forecast years.  

TURF PROTECTION FLOORING MARKET REGIONAL INSIGHTS

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"Growing Number of Events in Asia Pacific to Drive Market Share "

Asia Pacific is estimated to account turf protection flooring market share due to increasing number of events. High disposable income of the population is projected to drive market growth. Increase number of stadium and sports facilities and high demand to maintain high quality playing surface are estimated to fuel market growth. Adoption of the material offers far superior in strength. The flooring can be used on both natural and artificial grass. Also, growing awareness about the flooring in entertainment sector are predicted to magnify turf protection flooring market progress.

KEY INDUSTRY PLAYERS

"Leading Players Adopt New Strategies to Stay Competitive"

The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• Signature Systems Group (U.S.)
• Terraplas (U.S.)
• Covermaster (U.K.)
• Matrax (U.S.)
• Jayline (Australia)
• Field Protection Agency (U.S.)
• PROFLOOR (Australia)
• Guangzhou Getian (China)

REPORT COVERAGE

This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.