Global Turf Grass And Turf Solutions Market Size, Share, Trends and Growth Analysis Report – Segmented By Input (Seeds, Equipment, And Agrochemicals), Type (Warm Season Turf Grass And Cold Season Turf Grass, Kentucky Bluegrass, Tall Fescue And Ryegrass), End-Users (Sports And Athletic Facilities, Landscapers, Residential, Commercial) And Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Industry Analysis From 2024 to 2029

Updated On: January, 2024
ID: 9249
Pages: 175

Global Turf Grass and Turf Solutions Market Size (2024 to 2029):

The global turf grass and turf solutions market size is expected to reach USD 13829.75 million in 2024 and reach USD 18704 million by 2029, growing at a CAGR of 5.5% from 2024 to 2029.

MARKET OVERVIEW:

The turf grass and turf solutions are one of the critical drivers of the agriculture markets around the world. There are developed to control soil erosion, decrease weeds and reduce the dust generated by foot traffic. They are found in lawns, parks, playgrounds, golf courses, sports fields, cemeteries and athletic facilities and are used as ground covers in gardens, orchids and nurseries.

The turf grass is classified into two types, warm-season turf grass and the cold season turf grass. The inputs are segmented into seeds, equipment, and agrochemicals. The consumers of this market are mainly sports and athletic facilities, landscapers, and residential and commercial properties.

The agrochemicals are the market leader for turf grass and turf solution by input. This is because agrochemicals help prevent soil erosion by killing the pesticide before thy damage the soil. It also helps the plant grow healthier by providing all the nutrients it requires. The market by type is blooming because of the Kentucky bluegrass a cold kind of season turf grass. This grass helps the seeds mature faster, providing more yield.

MARKET DRIVERS:

The primary driver for this market is the fact that turf grass and turf solutions are built to prevent soil erosion, minimize weeds, and reduce the dust generated by foot traffic, which is the main reason that turf grass and turf solutions are leading the agriculture industry.

The willingness among end-users to adapt to this new technology is also a driver for this market. Latest and advanced innovations in the industry such as robotic and battery-powered outdoor lawnmowers increase demand in the market.

MARKET RESTRAINTS:

The major limitation of the global turf grass and turf solutions market is the increasing use of artificial and synthetic materials, which can cause pollution. The chemicals used to grow the plants faster will eventually start damaging the soil, which could result in the loss of farming land.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

5.5%

Segments Covered

By Input, Type, End Users and Region.

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Maxim Integrated Products Inc, Instrumentation Dynatherm Inc, Turf Products LLC, Microchip Technology Ltd, Sierra Pacific Turf Supply Inc, Sports Turf Solutions Pte. Ltd, Superior Lawns Australia Pty. Ltd, Turf & Garden Inc, Turf Solutions Ltd, Turf Star Inc., Watlow Electrical Manufacturing Company, PBI - Gordon Corporation, Jiboomba Turf Group, Integrated Turf Solutions LLC and Exmark Manufacturing Co. Inc and Others.

 

SEGMENTAL ANALYSIS

Global Turf Grass and Turf Solutions Market by Input:

The global turf grass and turf solutions market by input is divided into Seeds, Equipment, And Agrochemicals. Agrochemicals are expected to be the market leader during the forecast period because of the increasing use of pesticides, which contain insecticides, fungicides, herbicides, and nematicides. All these help kill the harmful species that feed on the crop, stopping them from growing. The agrochemicals also contain synthetic fertilizers, hormones, concentrated stores of raw animal manure and other chemical growth agents that help the crops grow better and healthier. Due to this, agrochemicals are driving the worldwide turf grass and turf solutions market.

Global Turf Grass and Turf Solutions Market by Type:

The global turf grass and turf solutions market by type is divided into two types: hot-season turf grass and cold-season turf grass. The cold season turf grass is further segmented into tall fescue, ryegrass and Kentucky bluegrass. The cold-season turf grass is expected to be the market leader during the forecast period as they don’t require more water, is easier to maintain, and has more heat tolerance compared to warm-season variants. These are mostly available during late spring and early autumn, which is the growing season for most of the crops, and help the seeds mature into plants quickly. When the crops grow faster, it will help feed the rapidly increasing population.

Global Turf Grass and Turf Solutions Market by End-Users:

The global turf grass and turf solutions market by end-users is segmented into sports and athletics, facilities, residential and commercial properties and landscapers.

The residential and commercial properties segment is leading the market with an estimated growth of 6.1% CAGR during the forecast period, recording market revenue of US$ 5445 Million in the year 2017.

The sports and athletic segment is also a rapidly growing market in the global turf grass and tuft solution industry, as this industry is one of the significant contributors to the market by organizing tournaments and championships worldwide.

REGIONAL ANALYSIS:

North America rules the turf grass and turf solutions industry by region. This is because the area has the maximum number of golf courts and gardens in the world and requires vast volumes of pesticides to be used to maintain the turf grass. The United States contains the majority of Kentucky bluegrass which is the market leader for turf grass and turf solutions by type around the world.

KEY PLAYERS IN THE GLOBAL TURF GRASS AND TURF SOLUTIONS MARKET

Maxim Integrated Products Inc., Instrumentation Dynatherm Inc., Turf Products LLC, Microchip Technology Ltd, Sierra Pacific Turf Supply Inc., Sports Turf Solutions Pte. Ltd, Superior Lawns Australia Pty. Ltd, Turf & Garden Inc, Turf Solutions Ltd, Turf Star Inc., Watlow Electrical Manufacturing Company, PBI - Gordon Corporation, Jiboomba Turf Group, Integrated Turf Solutions LLC and Exmark Manufacturing Co. Inc.

RECENT HAPPENINGS IN THE GLOBAL TURF GRASS AND TURF SOLUTIONS MARKET

Labosport acquired TGMS Ltd. to design and manage the turf grass in the regional sports fields. This acquisition helps the companies’ sales and is one of the key players in the turf grass and solution market due to this.

Marrone Bio Innovations introduced a pest controller, Zelto, that survives on the ground and foliar on the lawn. Zelto helps control the reproduction and hatching of the nematicide's eggs, which could have caused the loss of crop. The Zelto also helps kill the juvenile and adult nematicides, stopping them from damaging the plant.

DETAILED SEGMENTATION OF THE GLOBAL TURF GRASS AND TURF SOLUTIONS MARKET INCLUDED IN THIS REPORT

This research report on the global turf grass and grass solutions market is based on Input, Type, End-User, and Region.

By Input

  • Seeds
  • Equipment
  • Agrochemicals

By Type

  • Warm Season Turf Grass
  • Cold Season Turf Grass
  • Kentucky Blue Grass
  •  Tall Fescue
  • Ryegrass

By End-User

  • Sports
  • Athletics Facilities
  •  Land Scapers
  • Residential
  • Commercial

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

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