Turf Protection Market Size
| 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 |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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 Market Trends
This section covers the major market trends shaping the Turf Protection Market according to our research experts:
Expansion of Sports Activities
All of the sports events found host cities globally, indicating increasing parallel demand to stage sporting events of varying sizes depending on the scale, requirements, and objectives. Thus, maintaining turf is essential for commercial sports purposes. Increasing demand for turf for residential and commercial properties, in turn, creates demand for the turf protection market. Thus, driving the growth of the forecast market in the near future. According to the Physical Activity Council, United States, the number of participants increased from 216.9 million in 2017 to 229.7 in 2020. Thus, the turf protection requirements are likely to increase due to the increasing football and golf activities.
For instance, Germany is famous for its sports activities, more precisely for football, the Bundesliga League, and others for which the stadiums are usually jam-packed. This is encouraging and bringing a high entry of attendees to the stadium, which is likely to boost the market growth over the forecast period.
Adoption of integrated pest management in the turf is likely to add a bonus to the turf protection market. Growing demand for bio-based protections to reduce health hazards and cost-effectiveness are likely to gear up the market.
North America Dominates the Market
North America dominates the turf protection market in terms of revenue generation as compared to that of markets of other regions. The presence of major players and an increasing number of sports fields in the region are major factors to drive the growth of turf protection. According to the Physical Activity Council, US, the participation rate in sports activities increased to 75.6% in 2020 from 72.7% in 2017. Huge residential regions with plenty of play areas, public parks, and a large number of golf courses are some of the factors that define the extent of the market in the region. The United States occupies the majority of the turf and ornamental chemical inputs market share within the region, followed by Canada. Mexico, due to its harsh climatic conditions, is still in a nascent stage. However, it is expected to grow considerably due to comparatively warmer southern regions.
In 2021, BASF introduced Alucion 35 WG insecticide specifically for the golf course market. This new dual-active, non-restricted use product provides golf course superintendents with a highly effective solution for controlling a wide range of surface-feeding insects. The insecticide protects turf from insect pests, including nuisance ants, chinch bugs, cutworms, and annual bluegrass weevils.
Turf Protection Industry Overview
The turf protection market is moderately consolidated, with major players holding a significant share in the market. Bayer CropScience AG, ADAMA Ltd, Syngenta AG, BASF SE, AMVAC Chemical Corporation, and UPL are the major players in the market who are adaptable to quick changes in the market through key industry strategies. The leading companies focused on the expansion of the business across regions and product innovations. To provide insights into the operating companies, business profiles of leading turf protection manufacturers are included in the report.
Turf Protection Market Leaders
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BASF SE
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UPL
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ADAMA
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Bayer Cropscience AG
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AMVAC Chemical Corporation
*Disclaimer: Major Players sorted in no particular order
Turf Protection Market News
In July 2021, BASF introduced Encarti, a new dual-active fungicide for the golf course market. The product has preventative and curative activity against dollar spot and 10 other key foliar diseases and provides long-lasting protection for up to 28 days to help maintain healthy, disease-free playing conditions all season long.
In May 2021, the principal operating subsidiary of American Vanguard Corporation, AMVAC Chemical Corporation (AMVAC), entered into agreements with Syngenta Crop Protection, LLC, to acquire rights to Envoke herbicide. The acquisition includes end-use product registrations and trademarks for Envoke herbicide in the United States.
In May 2021, BASF introduced its first insecticide into the golf course market, Alucion 35 WG insecticide, a new non-restricted use insecticide that provides broad-spectrum control of surface-feeding insects and strong residual to protect turf from insect pests including nuisance ants, chinch bugs, cutworms, and annual bluegrass weevils.
Turf Protection Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Application
5.1.1 Landscaping
5.1.2 Golf
5.1.3 Sports
5.1.4 Sod Growers
5.2 Geography
5.2.1 North America
5.2.1.1 United States
5.2.1.2 Canada
5.2.1.3 Mexico
5.2.1.4 Rest of North America
5.2.2 Europe
5.2.2.1 Germany
5.2.2.2 United Kingdom
5.2.2.3 France
5.2.2.4 Russia
5.2.2.5 Spain
5.2.2.6 Italy
5.2.2.7 Rest of Europe
5.2.3 Asia-Pacific
5.2.3.1 China
5.2.3.2 Japan
5.2.3.3 India
5.2.3.4 Australia
5.2.3.5 Rest of Asia-Pacific
5.2.4 South America
5.2.4.1 Brazil
5.2.4.2 Argentina
5.2.4.3 Rest of South America
5.2.5 Middle-East and Africa
5.2.5.1 South Africa
5.2.5.2 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Most Adopted Strategies
6.3 Company Profiles
6.3.1 ADAMA Ltd
6.3.2 AMVAC Chemical Corporation
6.3.3 UPL
6.3.4 BASF SE
6.3.5 Bayer Cropscience AG
6.3.6 Nufarm
6.3.7 Marrone Bio Innovations
6.3.8 Syngenta AG
6.3.9 Sumitomo Chemical Australia
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. AN ASSESSMENT OF THE COVID-19 IMPACT ON THE 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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Turf Protection Market Research 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.
Who are the key players in Turf Protection Market?
BASF SE, UPL, ADAMA, Bayer Cropscience AG and AMVAC Chemical Corporation are the major companies operating in the Turf Protection Market.
Which is the fastest growing region in Turf Protection Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Turf Protection Market?
In 2024, the North America accounts for the largest market share in Turf Protection Market.
What years does this Turf Protection Market cover, and what was the market size in 2023?
In 2023, the Turf Protection Market size was estimated at USD 6.19 billion. The report covers the Turf Protection Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Turf Protection Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Turf Protection Industry Report
Statistics for the 2024 Turf Protection market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Turf Protection analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
