Turf & Ornamental Inputs Market Forecast To 2024
Added: (Tue Oct 01 2019)
Pressbox (Press Release) -
Market Overview:
The world turf & ornamental input market is estimated to witness a CAGR of 4.2% during the forecast period (2019-2024). Demand in the market is driven by factors like the increasing use of IPM practices, rising awareness about scientific maintenance of grasses, and a growing market for real estate and infrastructure. The market consists of providing, handling and sale of various types of scientific inputs like pesticides, fertilizers and plant growth regulators for proper management and upkeep of turf and ornamental grass. The global turf and ornamental inputs market was valued at USD 4.47 billion in 2019 and is supposed to advance at a CAGR of 4.34% to reach USD 5.53 billion by 2024.
Market drivers and restraints:
The expansion of the world market is majorly driven by factors such as rising demand for turf and ornamental inputs from IPM practices, ease of availability, and improved awareness about the scientific upkeep. Nevertheless, factors such as high installation and usage expenses, and strict regulations are restricting the expansion of the market.
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Report segmented as:
By type:
Bermuda Grass
Zoysia Grass
Blue Kentuchy Grass
Rye Grass
Tall Fescue
Others
By ornamental grass:
Feather Reed Grass
Fountain Grass
Purple millet
Revenna grass
Fibre Optic Grass
Others
By chemical inputs:
Pesticides
Fertilizers
Plant Growth Regulators
Others
Geographical analysis:
The world market has been geographically segregated into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America and Europe together accounted for more than 65% of the global turf and ornamental inputs market. The Asia Pacific region is the fastest growing market, owing to different factors such as quick advancement of the tourism industry, and growing area of land under golf courses and parks.
Important market players:
Major players of the turf and ornamental inputs market are Adama Agricultural solutions, American Vanguard Corporation, AMVAC Chemical Corporation, BASF SE, Bayer AG, Chemisco Division of United Industries Corp., Chemtura Agro Solutions, FMC Corporation, Gowan International, Koch Agronomic Services LLC, Monsanto Company, Nufarm Ltd., Precision Laboratories, Syngenta AG and The Dow Chemical Company.
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https://www.marketdataforecast.com/market-reports/turf-and-ornamental-inputs-market/request-sample
The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
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