Product Code: ETC014543 | 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 | |
Mexico Artificial Grass market currently, in 2023, has witnessed an HHI of 9649, Which has increased slightly as compared to the HHI of 8923 in 2017. The market is moving towards Highly 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.
Mexico is one of the fastest growing markets for artificial grass in Latin America. The country`s population growth, urbanization and commercial demand are driving an increasing demand for artificial turf. This trend is also supported by rising consumer awareness of the benefits of synthetic turf over natural grass, such as its low maintenance requirements, lower water usage and longer life span. According to a report published by 6Wresearch, Mexico?s Artificial Grass Market was valued at USD 484 million in 2020 and will register a CAGR of 6.2% during the forecast period 2021-2026.
The key factors augmenting the market growth include government initiatives promoting eco-friendly products as well as rapid expansion from leading global manufacturers into Mexico. Moreover, increased investments towards sports infrastructure development due to the high concentration on sporting activities have further bolstered market growth prospects in recent years. Furthermore, easy availability of affordable synthetic turfs has further aided Mexico?s artificial grass industry gains over natural lawns which require extensive maintenance costs involving regular watering and mowing operations with corresponding electric bills along with other associated expenses including fertilizers and pesticides etc., thus making them costlier than their synthetic counterparts in the long run.
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 Mexico Artificial Grass Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Artificial Grass Market Revenues & Volume, 2019 & 2026F |
3.3 Mexico Artificial Grass Market - Industry Life Cycle |
3.4 Mexico Artificial Grass Market - Porter's Five Forces |
3.5 Mexico Artificial Grass Market Revenues & Volume Share, By Installation, 2019 & 2026F |
3.6 Mexico Artificial Grass Market Revenues & Volume Share, By Fiber Base Material, 2019 & 2026F |
3.7 Mexico Artificial Grass Market Revenues & Volume Share, By Applications, 2019 & 2026F |
3.8 Mexico Artificial Grass Market Revenues & Volume Share, By Infill Material, 2019 & 2026F |
4 Mexico Artificial Grass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mexico Artificial Grass Market Trends |
6 Mexico Artificial Grass Market, By Types |
6.1 Mexico Artificial Grass Market, By Installation |
6.1.1 Overview and Analysis |
6.1.2 Mexico Artificial Grass Market Revenues & Volume, By Installation, 2016 - 2026F |
6.1.3 Mexico Artificial Grass Market Revenues & Volume, By Flooring, 2016 - 2026F |
6.1.4 Mexico Artificial Grass Market Revenues & Volume, By Wall Clading, 2016 - 2026F |
6.2 Mexico Artificial Grass Market, By Fiber Base Material |
6.2.1 Overview and Analysis |
6.2.2 Mexico Artificial Grass Market Revenues & Volume, By Polyethylene, 2016 - 2026F |
6.2.3 Mexico Artificial Grass Market Revenues & Volume, By Polypropylene, 2016 - 2026F |
6.2.4 Mexico Artificial Grass Market Revenues & Volume, By Nylon, 2016 - 2026F |
6.3 Mexico Artificial Grass Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Mexico Artificial Grass Market Revenues & Volume, By Contact Sports, 2016 - 2026F |
6.3.3 Mexico Artificial Grass Market Revenues & Volume, By Non-contact Sports, 2016 - 2026F |
6.3.4 Mexico Artificial Grass Market Revenues & Volume, By Leisure, 2016 - 2026F |
6.3.5 Mexico Artificial Grass Market Revenues & Volume, By Landscaping, 2016 - 2026F |
6.4 Mexico Artificial Grass Market, By Infill Material |
6.4.1 Overview and Analysis |
6.4.2 Mexico Artificial Grass Market Revenues & Volume, By Petroleum-based infills, 2016 - 2026F |
6.4.3 Mexico Artificial Grass Market Revenues & Volume, By Sand infill, 2016 - 2026F |
6.4.4 Mexico Artificial Grass Market Revenues & Volume, By Plant-based infills, 2016 - 2026F |
7 Mexico Artificial Grass Market Import-Export Trade Statistics |
7.1 Mexico Artificial Grass Market Export to Major Countries |
7.2 Mexico Artificial Grass Market Imports from Major Countries |
8 Mexico Artificial Grass Market Key Performance Indicators |
9 Mexico Artificial Grass Market - Opportunity Assessment |
9.1 Mexico Artificial Grass Market Opportunity Assessment, By Installation, 2019 & 2026F |
9.2 Mexico Artificial Grass Market Opportunity Assessment, By Fiber Base Material, 2019 & 2026F |
9.3 Mexico Artificial Grass Market Opportunity Assessment, By Applications, 2019 & 2026F |
9.4 Mexico Artificial Grass Market Opportunity Assessment, By Infill Material, 2019 & 2026F |
10 Mexico Artificial Grass Market - Competitive Landscape |
10.1 Mexico Artificial Grass Market Revenue Share, By Companies, 2019 |
10.2 Mexico Artificial Grass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |