Turf Protection Market Share, Size, Trends, Industry Analysis Report, By Product (Pest Protection, Stress Protection, Scarification); By Mode of Application; By Solution; By Application; By Region; Segment Forecast, 2024 - 2032
- Published Date:Jan-2024
- Pages: 112
- Format: PDF
- Report ID: PM3543
- Base Year: 2023
- Historical Data: 2019-2022
Report Outlook
The global turf protection market was valued at USD 6.35 billion in 2023 and is expected to grow at a CAGR of 4.70% during the forecast period. The market is growing rapidly due to increased demand from residential & commercial property expansion and the increasing number of golf courses & other sports areas across the globe.
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The renovation of ancient stadiums is driving the growth of the turf protection market, as these historic venues require high-quality playing surfaces that can withstand heavy use and provide a safe and enjoyable experience for participants and spectators. The aging PCA stadium in Mohali will cost Rs 79.46 crore, while the Wankhede and Hyderabad stadiums will each cost Rs 117.17 crore, Rs 127.47 crore, and Rs 100 crore, respectively, to be renovated.
Many ancient stadiums around the world have undergone or are currently undergoing significant renovation and modernization efforts. These renovations typically involve the installation of new, high-quality playing surfaces, which must be protected from damage caused by heavy foot traffic, equipment use, and other activities associated with large-scale sporting events. As a result, the demand for turf protection products has increased significantly in recent years.
Industry Dynamics
Growth Drivers
Growing sports sponsorship expenditure is driving the growth of the turf protection market, as sponsors seek to protect their investment in major sporting events by ensuring that playing surfaces are in top condition and free from damage. The Sporting Nation Report, released by GroupM ESP, estimates that the industry spent a staggering Rs. 5,907 crore on sponsorship in total, a remarkable 105% rise from 2021. The survey noted that the increases in IPL games, ICC T20 World Cup, Asia Cup, and FIFA World Cup matches were the main causes of the increase in spending.
Furthermore, sponsors are increasingly interested in promoting sustainability and environmental responsibility, and many turf protection products are designed to be eco-friendly and sustainable. This trend is expected to continue, as sports organizations and sponsors continue to prioritize sustainability and environmental responsibility.
Report Segmentation
The market is primarily segmented based on product, mode of application, solution, application and region.
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By Solution |
By Mode of Application |
By Application |
By Region |
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Stress Protection segment is expected to witness fastest growth over the forecast period
Stress Protection segment is expected to have faster growth for the market. Stress protection products help to mitigate the damage caused by environmental stressors such as heat, drought, traffic, and disease. This is becoming increasingly important as climate change leads to more extreme weather events and water scarcity in many regions. The demand for high-quality turf is increasing in many applications, including sports fields, golf courses, residential lawns, and parks. Advances in technology and research have led to the development of new stress protection products that are more effective, environmentally friendly, and economical than traditional methods. For example, new bio stimulants, soil amendments, and microorganisms are being developed to help turf tolerate stress and maintain optimal growth.
Foliar segment accounted for the largest market share in 2022
Foliar segment holds the largest market share for the market in the study period. These solutions are absorbed quickly by the turf and are effective in addressing a wide range of turf problems, including pest infestations, nutrient deficiencies, and environmental stressors such as heat and drought. This leads to rapid and effective results, which is particularly important in applications such as sports fields and golf courses where downtime can be costly and disruptive.
They are relatively easy to apply and can be done quickly and efficiently, allowing turf managers to maximize their productivity and minimize disruption to the turf. This is particularly important in large-scale applications, where time and efficiency are critical. They can be customized to address specific turf problems and can be tailored to the unique needs of each turf area. For example, a foliar solution may be formulated to address the specific nutrient deficiencies present in a particular soil type, or to address the pest problems that are common in a specific region.
Biological segment is expected to hold the larger revenue share
Biological segment is projected to witness a larger revenue share in the coming years as it offers a range of effective and sustainable solutions for maintaining healthy turf. Biological solutions use naturally occurring organisms or compounds to control pests and diseases and promote turf growth, without the negative impacts associated with chemical solutions. One major advantage of biological solutions is that they are often more environmentally friendly than chemical solutions. Biological solutions use natural organisms that are already present in the environment, or can be easily introduced, and are less likely to harm beneficial insects or other organisms.
Sports segment is expected to higher growth for the market
Sports segment is expected to have higher growth in the forecast period. Sports fields and Stadiums are subject to heavy use and are often exposed to harsh weather conditions. As a result, they require durable, long-lasting playing surfaces that can withstand the rigors of regular use and protect against damage from weather, foot traffic, and other factors. The demand for high-quality sports surfaces is increasing due to the growing popularity of sports, particularly in the United States. As more people become interested in sports such as football, soccer, and baseball, the need for high-quality playing surfaces is also increasing.
Asia Pacific registered with the highest growth rate in the study period
Asia Pacific is projected to witness the higher growth rate for the market. The region is experiencing rapid urbanization and economic growth, which is driving the demand for green spaces and sports facilities. As a result, there is increasing investment in the development and maintenance of parks, golf courses, and other sports fields, which is creating a growing demand for turf protection products and services. There is a growing awareness of the importance of turf management in the region, particularly in emerging economies such as China and India.
This is due to the increasing popularity of sports such as golf and football, as well as the growing demand for high-quality lawns and gardens in urban areas. A total of 196 golf courses are registered in India, which has about 2.5 lakh golfers. The region is home to a large and growing population, which is creating a demand for green spaces and recreational facilities. This is driving the need for turf protection solutions that can help maintain healthy and attractive sports fields and lawns.
North America garnered with the larger revenue share in the forecast time frame
North America is expected to witness a larger revenue share for the market. The region has a well-established sports industry, with many sports facilities, golf courses, and other recreational spaces that require well-maintained turf. This has created a significant demand for turf protection products and services in the region. As the popularity of football continues to rise in the US, the demand for high-quality playing surfaces has also increased.
In recent years, football has become one of the fastest-growing sports in the United States, with a growing number of fans and participants. Football in the United States and Canada, is the most popular sport in the world, with an estimated 4 billion supporters. This has led to increased investments in sports infrastructure, including the construction of new stadiums and the renovation of existing ones.
Competitive Insight
Some of the major players operating in the global market include Advanced Turf Solutions, PBI-Gordon, SiteOne Landscape Supply, WinField United, Everris International, Holganix, Koch Industries, NuGenTec, Reinders, Redox Turf, Barenbrug, Aquatrols Corporation of America, Suståne Natural Fertilizer, Turf & Garden, EarthWorks, LebanonTurf, Quali-Pro, Eco Works Supply, Green Velvet Sod Farms & Simplot Partners.
Recent Developments
- In January 2023, Advanced Turf Solutions introduced “Advanced Infield Solutions” product portfolio at the SFMA Conference & Exhibition in 2023, 5 new brands and a total of 6 new products are part of the AIS line.
- In January 2023, Toro introduced fresh innovation to the home yard care industry with the release of a robotic mower with cutting-edge, simple-to-use technology and previously unheard-of capabilities.
Turf Protection Market Report Scope
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Report Attributes |
Details |
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Market size value in 2024 |
USD 6.62 billion |
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Revenue forecast in 2032 |
USD 9.53 billion |
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CAGR |
4.70% from 2024 - 2032 |
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Base year |
2023 |
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Historical data |
2019 - 2022 |
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Forecast period |
2024 - 2032 |
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Quantitative units |
Revenue in USD million/billion and CAGR from 2024 to 2032 |
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Segments covered |
By Product, By Mode of Application, By Solution, By Application, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Key companies |
Advanced Turf Solutions, PBI-Gordon, SiteOne Landscape Supply, WinField United, Everris International, Holganix, Koch Industries, NuGenTec, Reinders, Redox Turf, Barenbrug, Aquatrols Corporation of America, Suståne Natural Fertilizer, Turf & Garden, EarthWorks, LebanonTurf, Quali-Pro, Eco Works Supply, Green Velvet Sod Farms & Simplot Partners. |
FAQ's
The Turf Protection Market report covering key are product, mode of application, solution, application and region.
Turf Protection Market Size Worth $ 9.53 Billion By 2032.
The global turf protection market expected to grow at a CAGR of 4.6% during the forecast period.
Asia Pacific is Turf Protection Market.
key driving factors in Turf Protection Market are Rising demand from residential and commercial properties.
