Valuation of Playground Surface Materials Market to Surge Past US$ 5.8 Bn Through 2026 Backed by Increasing Popularity of Sports
According to a market study by XploreMR, the global value of the playground surface materials market is anticipated to surge past US$ 5.8 Bn by the end of the forecast period (2018-2026). The growth of the market is predominantly attributed to the growing demand for indoor and outdoor playground surfaces and the subsequent need for playground surface materials.
Furthermore, increasing utilization of artificial turfs in commercial sports complexes in North America and Europe, due to factors such as unfavorable conditions and expensive maintenance of natural grass, is also anticipated to complement the growth of the playground surface materials market. On the back of these factors, the global value of playground surface materials is anticipated to grow 1.5 times through 2026.
Increasing Number of Playgrounds and Recreational Centers Propels Demand for Playground Surface Material
XploreMR provides an exclusive analysis of the global playground surface materials market in its revised report titled “Playground Surface Materials Market: Global Industry Analysis 2013-2017 and Forecast 2018–2026”. The main aim of this report is to offer an exhaustive analysis and insights pertaining to the playground surface materials market. This report offers a comprehensive analysis of the global playground surface materials market in terms of market volume (Mn Square Metre) & value (US$ Mn) and year-wise (Y-o-Y) growth in the global playground surface materials market on the basis of material type, site and end use.
The study considers 2017 as the base year with market values estimated for 2018 and a forecast developed for the duration of 2018 to 2026. The Compound Average Growth Rate (CAGR) has been represented from 2018 to 2026. The study covers value chain analysis, playground surface materials market dynamics, industry growth analysis, along with segmental-level projections in a comprehensive manner.
As per industry experts and findings of the report, the global playground surface materials market is projected to grow at a CAGR of 5.2% between 2018 and 2026 in terms of value.
The XploreMR report on the playground surface materials market analyses the market at a regional as well as global level through market segmentation on the basis of material type, site and end use. The primary objective of the report is to offer key insights on current trends, competition positioning, growth rates, market potential and other relevant information and statistics in a suitable manner to readers and various stakeholders in the playground surface materials market.
Global Market Study on Playground Surface Materials: Increasing Adoption of Artificial Turf Supported by Safety Regulations to Assist GrowthBuy Now
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