Global Playground Surface Materials Market: Snapshot
The global playground surface materials market is foreseen to experience substantial demand avenues during the forecast period of 2020 to 2030. Key reason for this growth is increased demand for various playground surface materials such as rubber mulch, artificial turf, engineered wood fiber, and others. In recent period, there is increase in demand for playground surface materials in commercial sports complexes, residential establishments, and other recreational spaces. This factor is driving the growth of the global playground surface materials market.
An upcoming research report from TMR on the playground surface materials market aims to present complete analysis of vital elements influencing overall market growth. In addition, it covers reliable data on different factors such as drivers, trends, opportunities, restraints, threats, and probable growth avenues in the market for playground surface materials. Thus, the report offers helpful insights of the playground surface materials market for the forecast period of 2020 to 2030.
The global playground surface materials market is segmented on the basis of key factors such as type, application, and region.
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Global Playground Surface Materials Market: Growth Dynamics
The global playground surface materials market is gaining lucrative avenues on the back of plethora of reasons. In recent times, there is considerable increase in number of playground areas in schools and public places. This factor is stimulating the growth of the global surface materials market. Apart from this, there is remarkable growth in recreational centers in worldwide locations. As a result, the playground surface materials market is experiencing prominent demand avenues.
In recent period, a major population from all across the world is inclined toward healthy lifestyle. This factor has pushed them to engage into outdoor as well as indoor fitness activities. As a result, there is growth in the number of sports facilities in all worldwide locations. This factor has created demand avenues for players in the global playground surface materials market. This aside, improved disposable incomes of major population is working as a driver for market growth.
Global Playground Surface Materials Market: Competitive Analysis
The global playground surface materials market is moderately fragmented in nature. Presence of significant number of players in the market for playground surface materials connotes that vendors in this market have to witness high level of competitions. To sustain in this highly competitive landscape, players are executing various strategies. Some of the trending strategies among players include partnerships and collaborations.
Several enterprises in the global playground surface materials market are focused on strengthening their market position. One of the key strategies used by them is mergers and acquisitions. Apart from this, many vendors are focused on strengthening their production capabilities. All these activities denote that the global playground surface materials market will expand at rapid pace in the forthcoming years.
The list of key players in the global playground surface materials market includes:
- Shaw Sports
- Ten Cate
- Tarkett (FieldTurf)
- Turf Hellas Construction
- Zeager Bros
- SportGroup Holding
- Challenger Industries
- The Fibar Group
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Global Playground Surface Materials Market: Regional Assessment
The global playground surface materials market is spread across five key regions, namely, North America, Europe, Latin America, Asia Pacific, and Middle East and Africa. Of them, North America is one of the leading regions of the market for playground surface materials. One of the key reasons for this growth is increased demand for artificial turfs in this region. Apart from this, the market for playground surface materials is expected to gain lucrative avenues from Europe.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.