Market Size of Turf Protection Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 6.49 Billion |
| Market Size (2029) | USD 8.25 Billion |
| CAGR (2024 - 2029) | 4.90 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Turf Protection Market Analysis
The Turf Protection Market size is estimated at USD 6.49 billion in 2024, and is expected to reach USD 8.25 billion by 2029, growing at a CAGR of 4.90% during the forecast period (2024-2029).
The COVID-19 pandemic disrupted the working of several markets, including the turf protection market globally. The pandemic affected the supply chain networks, resulting in losses for companies. In terms of supply, a short-term shortage of migrant laborers amidst distribution bottlenecks created a wide gap between the number of workers required for pesticide production. However, the COVID-19 pandemic had a short-term effect on the market growth but is likely to boost investment. The turf protection industry has been transforming over the years, with robust growth and changing trends.
Maintaining a lawn is a difficult task, and thus it needs turf protection to prevent losses caused by pests and weeds. Increasing high demand for sports like cricket, golf, and football is likely to fuel the market during the forecast period. Companies with high innovation are quickly adapting to the changes and earning a high margin. An increase in both export-oriented and domestic market revenue is observed for major players in the turf protection market. However, challenges such as competition between local players, increasing buyer bargaining power, and competition for good quality supply with low cost are the restraints to the forecast market.
Turf Protection Industry Segmentation
Turf is the upper surface layer of land on which grass is growing, consisting of grass and soil where roots grow or a piece of this that is cut from the ground and is usually rectangular. The report covers an extensive study of segments and factors driving the growth of the commercial global turf protection market. An in-depth analysis of future markets and trends is exclusively measured in this report. Factors driving region-wise analysis are also covered with great observations.
The Turf Protection Market is segmented by Application (Golf, Landscaping, Sod Growers, and Sports) by Geography (North America, Europe, Asia-pacific, South America, and Middle-East, and Africa. The report offers market size and forecasts in terms of value (USD million) for all the above segments.
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| Landscaping | |
| Golf | |
| Sports | |
| Sod Growers |
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Turf Protection Market Size Summary
The turf protection market is poised for significant growth over the forecast period, driven by increasing demand for maintaining lawns and sports fields. The market has experienced disruptions due to the COVID-19 pandemic, which affected supply chains and labor availability, but these challenges are expected to lead to increased investments in the sector. The rising popularity of sports such as cricket, golf, and football is a key factor propelling market expansion, as these activities require well-maintained turf. Companies that innovate and adapt to market changes are gaining competitive advantages, although they face challenges from local competitors and cost pressures. The demand for turf protection is further bolstered by the need to support residential and commercial properties, as well as the growing trend of hosting sports events globally.
North America leads the turf protection market in terms of revenue, supported by a robust presence of major industry players and a high number of sports fields. The United States, in particular, dominates the market within the region, with significant contributions from residential areas, public parks, and golf courses. The market is moderately consolidated, with key players like BASF, Bayer CropScience, and Syngenta AG driving innovation and expansion. Recent product introductions, such as BASF's Alucion 35 WG insecticide and Encarti fungicide, highlight the industry's focus on providing effective solutions for turf maintenance. The adoption of integrated pest management and bio-based protections is also expected to enhance market growth, offering cost-effective and health-conscious alternatives for turf protection.
Turf Protection Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Application
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2.1.1 Landscaping
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2.1.2 Golf
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2.1.3 Sports
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2.1.4 Sod Growers
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2.2 Geography
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2.2.1 North America
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2.2.1.1 United States
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2.2.1.2 Canada
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2.2.1.3 Mexico
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2.2.1.4 Rest of North America
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2.2.2 Europe
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2.2.2.1 Germany
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2.2.2.2 United Kingdom
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2.2.2.3 France
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2.2.2.4 Russia
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2.2.2.5 Spain
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2.2.2.6 Italy
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2.2.2.7 Rest of Europe
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2.2.3 Asia-Pacific
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2.2.3.1 China
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2.2.3.2 Japan
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2.2.3.3 India
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2.2.3.4 Australia
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2.2.3.5 Rest of Asia-Pacific
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2.2.4 South America
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2.2.4.1 Brazil
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2.2.4.2 Argentina
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2.2.4.3 Rest of South America
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2.2.5 Middle-East and Africa
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2.2.5.1 South Africa
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2.2.5.2 Rest of Middle-East and Africa
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Turf Protection Market Size FAQs
How big is the Turf Protection Market?
The Turf Protection Market size is expected to reach USD 6.49 billion in 2024 and grow at a CAGR of 4.90% to reach USD 8.25 billion by 2029.
What is the current Turf Protection Market size?
In 2024, the Turf Protection Market size is expected to reach USD 6.49 billion.
