South Korea Lawn Grass & Turf Grass Market was valued at USD 0.95 Billion in 2022 and is projected to reach USD 1.50 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
The South Korea Lawn Grass & Turf Grass Market has seen significant growth in recent years, driven by various industries' increasing demand for high-quality grass for landscaping and sports fields. As urbanization expands and landscaping becomes an essential part of both residential and commercial spaces, the market for lawn and turf grass continues to flourish. This article explores the various applications of lawn grass and turf grass, alongside the evolving requirements from industries in South Korea.
The South Korean market has witnessed a rising interest in the use of lawn grass and turf grass in both urban and rural landscapes. The need for well-maintained lawns in residential areas, parks, sports facilities, and golf courses has propelled the demand. In particular, sports fields require turf grass that can withstand wear and tear from constant use, ensuring durability and high performance. Additionally, industries such as real estate and construction are incorporating turf grass into their designs to enhance the aesthetic appeal of properties, boosting their market value.
One of the primary drivers of this market’s growth is the increasing awareness of sustainable landscaping practices. With climate change concerns, South Korean industries are focusing on environmentally friendly turf grass solutions that require less water and maintenance. This shift has led to a demand for drought-resistant grass species and innovative turf varieties that can thrive in different climates and soil types. Moreover, turf grass used in sports facilities must meet specific standards for player safety, durability, and performance, contributing to the ongoing evolution of turf grass technology.
The need for turf grass has also expanded into the golf industry, where well-maintained putting greens are vital for the overall experience. Golf course operators demand high-quality grass varieties that are resistant to diseases and capable of providing a smooth, reliable surface. With the rise of recreational sports and outdoor activities, demand for turf grass extends to sports complexes, schools, and athletic facilities, further strengthening the market's scope.
In conclusion, the South Korea Lawn Grass & Turf Grass Market is poised for continued growth, driven by industries’ demands for aesthetic, sustainable, and durable grass solutions. As these industries evolve, so too will the types of grass required, shaping the market in exciting ways.
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Ten Cate
FieldTurf
CoCreation Grass
Polytan GmbH
Domo Sports Grass
Mondo S.p.A.
ACT Global Sports
SIS Pitches
Beaulieu International Group
Saltex Oy
Edel Grass B.V.
Condor Grass
Nurteks
Victoria PLC
Garden Grass
Taishan
LIMONTA SPORT S.p.A.
ForestGrass
Wonderlawn
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Lawn Grass & Turf Grass Market
Natural Grass
Synthetic Grass
Hybrid Grass
Warm-Season Grass
Cool-Season Grass
Residential
Commercial
Direct Sales
Retail Stores
E-commerce
Wholesale Distributors
Homeowners
Landscapers
Golf Courses
Sports Teams
Government Institutions
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Lawn Grass & Turf Grass Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Lawn Grass & Turf Grass Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Lawn Grass & Turf Grass Market, By Type
6. South Korea Lawn Grass & Turf Grass Market, By Application
7. South Korea Lawn Grass & Turf Grass Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Lawn Grass & Turf Grass Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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