The global turf and ornamental inputs market is worth USD 6.76 billion in 2023 and will reach a valuation of USD 8.36 billion by 2028, growing at a CAGR of 4.34% during the forecast period 2023 to 2028.
This market is poised to grow significantly during the forecast period. The market for Turf and Ornamental Inputs consists of providing, handling, and sale of several types of turf and ornamental scientific inputs like pesticides, fertilizers, and plant growth regulators (PGR) for proper management and upkeep of turf and ornamental grass.
The growth of the global turf & ornamental inputs market is majorly driven by factors such as increasing demand for turf & ornamental inputs from IPM practices, ease of availability, and better awareness about the scientific upkeep of turf & ornamentals.
However, factors such as high installation & usage costs and strict regulations are restraining the growth of the market.
REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2022 to 2028 |
Base Year |
2022 |
Forecast Period |
2023 to 2028 |
CAGR |
4.34% |
Segments Covered |
By Synthetic Chemical Inputs, Type of Turf Grass, Type of Ornamental Grass, and Region |
Various Analyses Covered |
Global, Regional, and Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Bayer, Syngenta, BASF, Best Forage LLC, Chemtura Agro Solutions, American Vanguard Corporation, Dow Agro Sciences, Adama Agricultural Solutions and Nufarm Ltd. |
This research report on the global turf and ornamental inputs market has been segmented and sub-segmented based on synthetic chemical inputs, type of turf grass, type of ornamental grass, and region.
Global Turf and Ornamental Inputs Market - By Synthetic Chemical Inputs:
The Fertilizers segment is the largest segment, by Synthetic Chemical Inputs, with a market share of around 74%.
Global Turf and Ornamental Inputs Market - By Type of Turf Grass:
Bermuda grass leads this segment, with a market share of around 25%, and is also projected to be the fastest-growing segment.
Global Turf and Ornamental Inputs Market - By Type of Ornamental Grass:
This Ravenna Grass segment led the market with a market share of around 32% in 2022.
Global Turf and Ornamental Inputs Market – By Region:
North America and Europe together account for more than 65% of the global turf & ornamental inputs market. The Asia-Pacific region is the fastest-growing market due to various factors such as the rapid advancement of the tourism industry and growing area of land under golf courses and parks.
KEY MARKET PLAYERS:
The market is categorized by the existence of diversified international and national companies, where global retailers lead the market and are predicted to grow exponentially by securing regional or local players. The major companies dominating the global Turf and Ornamental Inputs market are Bayer, Syngenta, BASF, Best Forage LLC, Chemtura Agro Solutions, American Vanguard Corporation, Dow Agro Sciences, Adama Agricultural Solutions, and Nufarm Ltd.
FAQ's
The global turf and ornamental inputs market is worth USD 6.76 billion in 2023.
The global turf and ornamental inputs market is expected to be valued at USD 8.36 billion by 2028.
The growth of the global turf & ornamental inputs market is majorly driven by factors such as increasing demand for turf & ornamental inputs from IPM practices, ease of availability, and better awareness about the scientific upkeep of turf & ornamentals.
Asia- Pacific is the leading region market in the global Turf & Ornamental Inputs market.
Bayer, Syngenta, BASF, Best Forage LLC, Chemtura Agro Solutions, American Vanguard Corporation, Dow Agro Sciences, Adama Agricultural Solutions and Nufarm Ltd.
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