Turf Protection Market Size Worth $ 9.53 Billion By 2032 | CAGR: 4.70%

Turf Protection Market Size Worth $ 9.53 Billion By 2032 | CAGR: 4.70%


The global turf protection market size is expected to reach USD 9.53 billion by 2032, according to a new study by Polaris Market Research. The report “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” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The growing consumer choices for sports and residential areas and improving incorporated pest management in the turf industry accelerate the industry demand. Main factors contributing to this growth are an increase in demand from residential & commercial property development and an increasing number of golf courses & other sports fields across the globe.

Growing investments in India's sports business have had a significant impact on the growth of the turf protection market in the country. The Indian sports industry is undergoing rapid expansion, driven by a combination of factors, including increasing participation in sports and fitness activities, rising disposable incomes, and government support for sports development programs.

According to the 10th edition of GroupM ESP's Sporting Nation Report, India's sports business spent Rs 14,000 crore for the first time in 2022. This growth has led to increased investment in sports infrastructure, including the construction of new stadiums, arenas, and sports facilities. These venues require high-quality playing surfaces that can withstand heavy use and provide a safe and enjoyable experience for participants and spectators.

Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below: https://www.polarismarketresearch.com/industry-analysis/turf-protection-market/request-for-sample

The massive increase in sponsorship of sports and events has contributed to the growth of the turf protection market in several ways. One of the main drivers is the need to protect playing surfaces and event spaces from damage caused by heavy foot traffic, equipment uses, and other activities associated with large-scale events. Cricket continues to dominate Indian sports sponsorship, taking up 85% of all sponsorship dollars, according to research from 2022. The remaining 15% is made up of sponsorship spending that has significantly increased in emerging sports like football, kabaddi, and marathon. This will further fuel the growth of the market in coming years.

Turf Protection Market Report Highlights

  • Stress Protection segment is anticipated to witness faster growth in the coming years due to growing demand for healthy, aesthetically pleasing turf.
  • Foliar segment is accounted for the larger market share owing to the advantages of foliar solutions, including their rapid and effective results.
  • Biological segment is projected to experience larger revenue share due to the providing effective, sustainable, and targeted solutions for maintaining healthy turf.
  • Sports segment is projected to experience higher growth for the market due to growing demand for high-quality, durable, and eco-friendly playing surfaces.
  • APAC is projected to register a higher growth rate in the study period owing to the increasing popularity of sports, mainly golf.
  • North America is expected to grow larger revenue share owing to the growing popularity of football.
  • The global players include Advanced Turf Solutions, PBI-Gordon, SiteOne Landscape Supply, Redox Turf, Barenbrug, Turf & Garden, EarthWorks, LebanonTurf, Quali-Pro, Eco Works Supply, Green Velvet Sod Farms & Simplot Partners.

Polaris Market Research has segmented the turf protection market report based on product, mode of application, solution, application, and region:

Turf Protection, Product Outlook (Revenue - USD Billion, 2019 - 2032)

  • Pest Protection
  • Stress Protection
  • Scarification

Turf Protection, Mode of Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Foliar
  • Seed
  • Oil

Turf Protection, Solution Outlook (Revenue - USD Billion, 2019 - 2032)

  • Biological
  • Chemical
  • Mechanical

Turf Protection, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Sports
  • Recreational

Turf Protection, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
    • U.S.
    • Canada
    • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Turf Protection Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 6.62 billion

Revenue forecast in 2032

USD 9.53 billion

CAGR

4.70% from 2024 - 2032

Base year

2023

Historical data

2019 - 2022

Forecast period

2024 - 2032

Quantitative units

Revenue in USD million/billion and CAGR from 2024 to 2032

Segments covered

By Product, By Mode of Application, By Solution, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

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.

For Specific Research Requirements

Request for Customized Report

License and Pricing

Purchase Report Sections

  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
Request for Discount Pricing