The global playground surface materials market is anticipated to grow at a considerable CAGR of 7.9% during the forecast period. Most sports events take place in stadiums or sports halls. The maintenance of the playground is important to ensure the safety of players before playing on the ground. Every sport comes with a specific set of demands which require specific ground surface materials to carry the game smoothly. Artificial turf, rubber mulch, engineered wood fiber, and others are some of the playground surface materials actively used for different sports across the regions. With the growing number of sports facilities across the region more sports materials such as stone/concrete, steel, wood, and glass are being used in both new construction and the renovation of existing sports facilities.
The growth of the global playground surface materials market is driven by growing public and private investment in sports infrastructure. For instance, in November 2022, Dick’s Sporting Goods launched DSG Ventures, a $50 million in-house fund that will invest in innovative companies that will help shape the future of the sport. The initiative will focus its efforts on companies and rising entrepreneurs that directly serve athletes and their communities, or that help Dick’s better serve its consumers. Also, in October 2021, the government allocated a fund of about $27 million for investing in local sports infrastructure for new and improved sports facilities across Victoria, with a focus on providing facilities to encourage participation among women and girls. The fund supports projects across five dedicated streams: indoor stadiums/aquatic centers, female-friendly facilities, community sports lighting, community facilities, and planning.
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Market Coverage
•The market number available for – 2023-2031
•Base year- 2023
•Forecast period- 2024-2031
Segment Covered-
•By Material Type
•By Application
•By End-User
Regions Covered-
•North America
•Europe
•Asia-Pacific
•Rest of the World
Competitive Landscape- including ACT Global Sports, Tarkett S.A., Polytan GmbH, PlayCore, Inc., Tarmac Holdings Limited, Surface America, Inc., Carlisle Polyurethane Systems, Challenger Turf, Inc., and others.
Playground Surface Materials Market Report Segment
By Material Type
•Artificial Turf
•Rubber Mulch
•Engineered Wood Fiber
•Others
By Application
•School Playground
•Public Playground
•Stadium
•Others
By End-User
•Football
•Hockey
•Rugby
•tennis
•Multisport
•Others
A full Report of Playground Surface Materials Market is Available @ https://www.omrglobal.com/industry-reports/playground-surface-materials-market
Playground Surface Materials Market Report Segment by Region
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
•Latin America
•Middle East and Africa
Company Profiles
•ACT Global Sports
•All Victory Grass (Guangzhou) Co., Ltd.
•Carlisle Polyurethane Systems
•Challenger Turf, Inc.
•CoCreation Grass Co.
•Controlled Products, LLC
•FieldTurf USA, Inc.
•Forest Group
•Hellas Construction, Inc.
•Hunt Forest Group
•LTR Products LLC (GroundSmart)
- PlayCore Wisconsin, Inc. (Fibar)
•Polytan GmbH
•Shaw Industries Group, Inc.
•Sport Group Holding GmbH
•Surface America, Inc.
•Tarkett S.A.
•Tarmac Holdings Limited
•TenCate Grass Holding B.V.
•Zeager Bros., Inc.
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
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Article source: https://article-realm.com/article/Business/63015-Playground-Surface-Materials-Market-Is-Likely-to-Experience-a-Tremendous-Growth-by-2031.html
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