Product Code: ETC014571 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Sri Lanka Artificial Grass market currently, in 2023, has witnessed an HHI of 4411, Which has decreased substantially as compared to the HHI of 7620 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
the Sri Lanka artificial grass market size reached US$ 8.4 Million in 2019. Artificial grass is a synthetic surface manufactured using polyethylene (PE) or polypropylene (PP), nylon or acrylic fibers that imitate natural turfgrass. It provides an aesthetic appearance along with superior durability as compared to conventional lawns and requires minimal maintenance costs for upkeep. As it does not require watering or mowing like real grass surfaces, it has gained immense popularity among end users such as sports stadiums and residential households across Sri Lanka.
Some of the other factors driving the growth of artificial grass in Sri Lanka markets include government initiatives such as tax exemptions on its purchase and installation costs; rising awareness about water conservation amongst people; increasing urbanization; growing trend of installing landscaping projects for home decoration purposes; improving living standards of people leading to increased demand for artificial turf products from playgrounds and nurseries; etc. Looking forward, the market value is projected to reach US$ 12 Million by 2026 expanding at a CAGR of 6% during 2021-2026 on account of escalating product applications across commercial establishments.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Artificial Grass Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Artificial Grass Market Revenues & Volume, 2019 & 2026F |
3.3 Sri Lanka Artificial Grass Market - Industry Life Cycle |
3.4 Sri Lanka Artificial Grass Market - Porter's Five Forces |
3.5 Sri Lanka Artificial Grass Market Revenues & Volume Share, By Installation, 2019 & 2026F |
3.6 Sri Lanka Artificial Grass Market Revenues & Volume Share, By Fiber Base Material, 2019 & 2026F |
3.7 Sri Lanka Artificial Grass Market Revenues & Volume Share, By Applications, 2019 & 2026F |
3.8 Sri Lanka Artificial Grass Market Revenues & Volume Share, By Infill Material, 2019 & 2026F |
4 Sri Lanka Artificial Grass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka Artificial Grass Market Trends |
6 Sri Lanka Artificial Grass Market, By Types |
6.1 Sri Lanka Artificial Grass Market, By Installation |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Artificial Grass Market Revenues & Volume, By Installation, 2016 - 2026F |
6.1.3 Sri Lanka Artificial Grass Market Revenues & Volume, By Flooring, 2016 - 2026F |
6.1.4 Sri Lanka Artificial Grass Market Revenues & Volume, By Wall Clading, 2016 - 2026F |
6.2 Sri Lanka Artificial Grass Market, By Fiber Base Material |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Artificial Grass Market Revenues & Volume, By Polyethylene, 2016 - 2026F |
6.2.3 Sri Lanka Artificial Grass Market Revenues & Volume, By Polypropylene, 2016 - 2026F |
6.2.4 Sri Lanka Artificial Grass Market Revenues & Volume, By Nylon, 2016 - 2026F |
6.3 Sri Lanka Artificial Grass Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Artificial Grass Market Revenues & Volume, By Contact Sports, 2016 - 2026F |
6.3.3 Sri Lanka Artificial Grass Market Revenues & Volume, By Non-contact Sports, 2016 - 2026F |
6.3.4 Sri Lanka Artificial Grass Market Revenues & Volume, By Leisure, 2016 - 2026F |
6.3.5 Sri Lanka Artificial Grass Market Revenues & Volume, By Landscaping, 2016 - 2026F |
6.4 Sri Lanka Artificial Grass Market, By Infill Material |
6.4.1 Overview and Analysis |
6.4.2 Sri Lanka Artificial Grass Market Revenues & Volume, By Petroleum-based infills, 2016 - 2026F |
6.4.3 Sri Lanka Artificial Grass Market Revenues & Volume, By Sand infill, 2016 - 2026F |
6.4.4 Sri Lanka Artificial Grass Market Revenues & Volume, By Plant-based infills, 2016 - 2026F |
7 Sri Lanka Artificial Grass Market Import-Export Trade Statistics |
7.1 Sri Lanka Artificial Grass Market Export to Major Countries |
7.2 Sri Lanka Artificial Grass Market Imports from Major Countries |
8 Sri Lanka Artificial Grass Market Key Performance Indicators |
9 Sri Lanka Artificial Grass Market - Opportunity Assessment |
9.1 Sri Lanka Artificial Grass Market Opportunity Assessment, By Installation, 2019 & 2026F |
9.2 Sri Lanka Artificial Grass Market Opportunity Assessment, By Fiber Base Material, 2019 & 2026F |
9.3 Sri Lanka Artificial Grass Market Opportunity Assessment, By Applications, 2019 & 2026F |
9.4 Sri Lanka Artificial Grass Market Opportunity Assessment, By Infill Material, 2019 & 2026F |
10 Sri Lanka Artificial Grass Market - Competitive Landscape |
10.1 Sri Lanka Artificial Grass Market Revenue Share, By Companies, 2019 |
10.2 Sri Lanka Artificial Grass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |