South Korea Artificial Turf Market 2018-2022: Focus on Contact Sports, Non-Contact Sports, Landscaping and Leisure

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Oct 16, 2018, 18:30 ET

DUBLIN, Oct. 16, 2018 /PRNewswire/ --

The "South Korea Artificial Turf Market Outlook to 2022 - by Organized and Unorganized, by Product Type (Polyethylene, Polypropylene, Nylon/ Polyamide and Blended) and by Application Areas (Contact Sports, Non-Contact Sports, Landscaping and Leisure)" report has been added to ResearchAndMarkets.com's offering.

The market for artificial turf is at a matured stage, with a limited number of players dominating the market. In terms of revenue, the market for artificial turf has increased at a single digit CAGR during FY'2012 - FY'2017 due to both domestic and international growth factors. The share of organized players by production during FY'2012-FY'2017 increased due to capacity addition and entry of new players in the market.

The report extensively covers pricing analysis, case analysis, competition scenario, market share and competitive landscape of major players including Kolon Glotech, Entoutcas, K&B Junwoo, DaeWon Green (DWG), FieldMaster and analyst recommendations.

The report facilitates the reader with the identification and in-depth analysis of the existing and future trends and issues that impacts the industry. It provides the reader an idea regarding growth in the future depending upon changing industry dynamics in coming years.

The report is useful for artificial turf manufacturers, distributors, government entities, sports facilities, sports franchises and other stakeholders to plan their market centric strategies in accordance with the ongoing and expected trends in the future.

Market Segmentation

By Organized and Unorganized sector in Domestic Sales: Organized sector accounted for largest share of the total sales in the domestic sector and unorganized sector accounted for the rest of the sales. Increase in the number of government projects, capacity addition and renewal of interest in artificial turf is the reason for this share in the market. Major companies in the organized sector are Kolon Glotech, Entoutcas, K&B Junwoo, FieldMaster and others.

By Application: Contact Sports segment dominated the revenues in FY'2017 from demand for artificial turfs due to increasing government allocation on building facilities for soccer, baseball, hockey and others. This was followed by the Leisure segment in FY'2017. Landscaping and Non-Contact Sports contributed single digit share respectively in FY'2017.

By Product Type: Polyethylene (PE) based artificial turfs have dominated the market in 2017. PE is popular due to its durable nature, mid-range price and soft grass-like feel. The Polypropylene (PP) based artificial turfs followed PE. This was followed by Nylon/ Polyamide and Blended (double structured- Nylon+PE) in terms of revenues share.

Export of Artificial Turfs: Increasing infrastructure, better sales prices, favorable export policies along with a growing number of South Korean artificial grass manufacturers with proper certifications have led to the growth of the export market in South Korea.

Major Export Destinations for Artificial Turfs: In terms of exports, US, Australia, China, Canada and the United Kingdom are the top 5 destinations for export of South Korean artificial grass products.

Competitive Landscape

The South Korean artificial turf market is an extremely competitive market due to a mixture of increasing production of manufacturers and rising domestic demand. The competition is more pronounced in the domestic market, due to entry of a number of foreign entities who want to play a decisive role in this market.

The market in South Korea is at a growth stage and with companies becoming specialized in offering products pertaining to a particular category, with the required quality standards; it presents an immense opportunity for growth. The leading companies in this space are gravitating from being a products seller to becoming a solutions seller. Competition among companies is staged on parameters pertaining to safety, experience, performance and certifications.

Key Topics Covered:

1. Executive Summary

South korea artificial turf Market
South Korea Artificial Turf Market Size
South Korea Artificial Turf Market Segmentation
Trade Scenario For South Korea Artificial Turf Market
Competitive Landscape of Major Players in South Korea Artificial Turf Market
Trends And Developments In South Korea Artificial Turf Market
Future Outlook Of South Korea Artificial Turf Market

2. Research Methodology
2.1. Market Definition
2.2. Abbreviations
2.3. Market Sizing And Modeling

3. South Korea Artificial Turf Market Overview and Genesis

Cost of Installing Artificial Turf Vs Natural Grass

4. Value Chain Analysis of South Korea Artificial Turf Market
4.1. Manufacturing Process of Artificial Turfs

5. South Korean Artificial Turf Market Size, 2012-2017
5.1. By Revenues, 2012-2017

6. South Korean Artificial Turf Market Segmentation
6.1. By Type of Artificial Turf (Polyethylene, Polypropylene, Nylon, Blended), 2012-2017
6.2. By Application Areas (Contact Sports, Non-Contact Sports, Landscaping, Leisure), 2012-2017
6.3. Case Analysis for Installation of Artificial Turf
6.3.1. Contact Sports

Total Cost-Investment Analysis of a Soccer Field
Components to Artificial Turf System
Installation Process
Time Period for New Artificial Turf Development
Maintenance Process
Size of the Employment Generated from Artificial Turf Sports Field construction and Maintenance
Selection Parameters for an Artificial Turf Sports Field

6.3.2. Landscape and Leisure

Installation Process
Maintenance Process
Time and People Needed to Install
Labor cost for installation
Selection Parameters for Landscape/ Leisure

6.3.3. Artificial Turf for School Playground
6.3. By Domestic Sales and Exports, 2017
6.4. By Organized and Unorganized Sector, 2017

7. Trade Scenario For South Korea Artificial Turf Market, 2012-2017
7.1.By Exports, 2012-2017
7.2.By Imports, 2012-2017

8. Trends and Development in South Korea Artificial Turf Market

Rapid Evolvement of Technology
Greater Adoption by Key Stakeholders
Development of Fourth Generation of Artificial Turf Systems
Increased Awareness of Recycling
Consolidation of Key Industry Players

9. Issues and Restraints in South Korea Artificial Turf Market

Unanticipated Hurdles In Distribution Chain
Quality, Health and Safety Standards
Generation of Non-Recyclable By-Products and WastE

10. SWOT Analysis in South Korea Artificial Turf Market

11. Pricing Analysis in South Korea Artificial Turf Market

12. Government Regulations in South Korea Artificial Turf Market

13. Competitive Landscape of South Korea Artificial Turf Market
13.1. Competition Scenario of South Korea Artificial Turf Market
13.2. Directory of Major Companies in South Korea Artificial Turf Market
13.3. Market Share of Major players in the Artificial Turf Market, 2017

14. Company Profiles of Major Players in South Korea Artificial Turf Market
14.1. Kolon Glotech
14.2. Entoutcas
14.3. K&B Junwoo
14.4. DaeWon Green (DWG)
14.5. FieldMaster
14.6. Other Players (GST Global, Benoh, ECSF Turf, Field Turf) in the South Korea Artificial Turf Market

15. South Korea Artificial Turf Market Future Outlook And Projections, 2018 - 2022
15.1. By Revenues, 2018-2022
15.2. By Type of Artificial Turf, 2018-2022
15.3. By Application Areas, 2022

16. Analyst Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/lfg5tp/south_korea?w=5

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