February 08, 2022 11:13 ET | Source: Arizton Advisory and Intelligence Arizton Advisory and Intelligence
Chicago, Feb. 08, 2022 (GLOBE NEWSWIRE) -- The artificial turf market by revenue is expected to grow at a CAGR of over 7% during the period 2021−2027.
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Artificial Turf Market – Segmentation Analysis
Market Segmentation by Installation Type
Market Segmentation by Fiber Base Material
Market Segmentation by Infill Material
Market Segmentation by Pile Height
Market Segmentation by Distribution Channel
Artificial Turf Market – Vendor Landscape
The players in the artificial turf market are focusing on developing innovative products and investing in R&D initiatives to expand their product portfolios. Moreover, several vendors have their own performance lab equipped with advanced equipment to test the turf in terms of various factors such as vertical deformation, ball roll, force reduction, ball bounce, temperature effects, and others. Hence, this offers the respective vendors an added advantage over other players in the market. Players are also focusing on upgraded artificial turf with better performance to create innovation in the global market. Companies are coming up with new strategies to capture higher industry shares. Thereby, the competition among the players is increasing rapidly in the artificial turf market.
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