The polymeric shoots of recovery have been evident since the disruption of the Corona pandemic, and AMI forecasts volumes rising to just under 480 million m2 by the end of 2027.
By Nick Palmer, AMI
The synthetic turf sector is still experiencing many challenges, most of which revolve around the broad topic of sustainability (PFAS, microplastics and recycling of end-of–life synthetic turf), but, having been slightly caught out by the recent intentional microplastics ban in Europe, the industries in Europe and North America are trying to ensure their voices are heard with reasoned argument on upcoming PFAS and secondary microplastic issues.
Generally, though, there has been a “wait and see” attitude, with customer confidence and spending power not high. However, as major disruptions of recent years are dwindling (and returning to normal standard disruption!) steady growth is on the horizon.
Latent demand is there but price is currently an important parameter, which has led to increased imports of cheaper leisure and landscape product into most regions. This continues to be a concern and a challenge, not just to immediate bottom lines but also to the wider industry perception and longer-term damage.
However, despite environmental and safety concerns, the market offers growth potential over the next 5 years in all sectors. New products and systems are under development, automation is entering the space, climate is changing (wetter and drier), and urbanisation is continuing. All these factors will contribute.
The value of the synthetic turf market in 2023, excluding components (such as infill, shock pads and drainage media) and installation, was €3.16 billion. This was up from €2.8 billion in 2021, an increase of 13% over the 2-year period. By 2027, it is expected to rise to €3.98 billion.
Demand for synthetic turf reached 393 million m2 in 2023, representing an average 6.2% p.a. growth since 2021. This came from a recovery in the sports market and continued growth (albeit lower than the previous period) in leisure and landscape. The fastest growing regions by percentage were North America at 10.1% p.a. and the Far East at 7.9% p.a., although Europe is the top market now in terms of overall demand, albeit with numbers very similar to the Far East market. Regional variations in growth reflect differing penetration levels for sports turf and leisure and landscape turf, set against the global economic headwinds and reduction in disposable income, which have stabilised in many areas.
The polymeric shoots of recovery have been evident since the disruption of the Corona pandemic, and AMI forecasts volumes rising to just under 480 million m2 by the end of 2027.
By Nick Palmer, AMI