Saudi Arabia Artificial Grass Market is expected to grow at a 9.88% CAGR
The
Saudi Arabian government is investing heavily in the development of sports
infrastructure, and artificial grass is increasingly being used for sports
fields are the factors driving the market growth.
According
to TechSci Research report, “Saudi
Arabia Artificial Grass Market – By
Region, Competition, Forecast and Opportunities, 2018-2028”, There
is also high demand for artificial turf in the residential and commercial
application sectors. With various advantages, artificial turf is a valid
substitute for lawns. They are used in backyards, edgings, pavers, medians, and
poolside areas to create commercial and residential playgrounds, focusing on
children's safety. Artificial turf is simple to use, especially inside and
outside. They will never break because they are UV-resistant and will function
efficiently and comfortably for a very long period. Artificial grass is highly
durable. It can be used for a very long time if maintained properly. Further,
various developed and developing countries are experiencing rapid urbanization,
leading to significant construction sector growth in Saudi Arabia. Thereby
fueling low-maintenance product demand, especially artificial turf.The COVID-19
pandemic affected economies and industries in various countries. The
unprecedented increase in COVID-19 cases and the subsequent lockdown of
numerous manufacturing facilities influenced the growth of multiple markets.
The distribution network was significantly disrupted in the Middle East and
Africa, which affected artificial turf sales. Over the period from 2018 to
2022, the global artificial turf market has exhibited growth , increasing use
of artificial grass turfs for landscaping in commercial and residential spaces
across the Saudi. Historically, artificial turfs were reserved for mini-golf
courses, football grounds, and sports fields. However, over the last few years,
these turfs have made inroads into the general community life of the urban
population with their increasing applications in the leisure and landscaping
sector. Demand for attractive artificial lawns in gated societies and
communities has boded well for the market.
Urban
homeowners are more inclined towards spending on lawns and playgrounds in
societies. Moreover, these facilities are often considered imperative to the
aesthetic value of any property. As artificial turfs eliminate the contact of
harmful pesticides and fertilizers used for natural grass, these turfs are
progressively gaining traction in residential applications. With the evolution
in artificial turfs and other flooring materials, the industry players are
continuously emphasizing on using cost-effective manufacturing techniques and
biodegradable materials such as polylactic acid (PLA) fiber type to develop
eco-efficient solutions. Moreover, the emergence of customized and recyclable
products is expected to create lucrative sales opportunities for manufacturers.
Browse over XX market data Figures spread through 86 Pages and an in-depth TOC on the "Saudi Arabia Artificial Grass Market."
Recent
Developments :-
March
2022 Careon Healthcare Solutions has finalized joint ventures in Saudi Arabia
and Sri Lanka for medical, surgical disposable products. This may expand the
customer base of the firm.
January
2022 Solace Nutrition, a US-based medical nutrition company, bought R-Kane
Nutritionals' assets for an unknown sum. This asset acquisition enables Solace
Nutrition to develop synergy between both brands, accelerate growth, and
establish a position in an adjacent nutrition sector. R-Kane Nutritionals is a
firm established in the United States that specializes in high-protein meal
replacement products for weight loss.
October
2021 Takween Advanced Industries and Jofo Nonwovens Co. jointly signed an
agreement for the sale of 70% of the shares of Advance Fabrics Company (SAAF),
a Saudi Arabia-based nonwovens manufacturer. The transaction allowed Jofo to
enter the medical market of Saudi Arabia.
Key
market players in the Saudi Arabia Artificial Grass Market are: -
- Green
Vision
- Saudi
Rubber Products Co.
- Saudi
Turf Co Ltd.
- Farisgroup
- Grass
Manufacturing Co.
- Al
Hashem Marble
- Duraflor
- Al
Omrania Trading
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“The
artificial turf demand is rising due to increased sporting events,
competitions, and unfavorable environmental conditions for optimal natural
grass growth. In addition, governments of various nations are investing heavily
in infrastructure development projects to build new commercial gardens, sports
facilities, and stadiums. The sports segment held the largest market share.
There is high demand for artificial turf due to easy maintenance and more
playing time from the sports industry. Moreover, market growth is attributed to
the introduction of high-quality artificial turf products by players approved
by various associations, such as the Federation Internationale de Football
Association (FIFA). Due to minimum maintenance efforts and the growing artificial
turf demand from the sports and residential sectors, the artificial turf market
is expected to witness high growth potential. The factors responsible for the
increasing demand for artificial turf in the sports sector include a remarkable
rise in sports events and unfavorable climatic conditions for natural grass
growth. For instance, CC Grass installed artificial grass on a football field
of Dingyuan County Sports Center, while Anhui obtained FIFA Quality Pro
Certification in 2022.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
“Saudi Arabia Artificial Grass Market Segmented By Product Type (Diagnostic Devices,
Monitoring Devices, Surgical Devices, Automation & Robotics, and Others),
By Therapeutic Application (General Surgery, Diagnostic Imaging, Dental,
Cardiovascular, Nephrology, Urology, Orthopedics, and Others), By Region, and
By Competition, 2018-2028,” has evaluated the future growth
potential of Saudi Arabia Artificial Grass Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Saudi Arabia Artificial Grass Market.
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