Government Regulations in Artificial turf South Korea-Ken Research

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South Korea Artificial Turf Market is Driven by
Entry of International Players, Real Estate Boom
and Government Initiatives to Promote Physical
Fitness Ken Research
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Rising government initiatives to promote physical
fitness by making open spaces available for
school children, a burgeoning real-estate market
and entry of international players have been
regarded as the key drivers of growth in the
South Korea Artificial Turf market during the
year 2012-2017 The report titled 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) by Ken Research suggests that the
sustained interest of the stakeholders in
artificial turf and changing nature of sports has
led to a overall positive growth during the
review period. Artificial Grass has come a long
way since its introduction in the 1960s. From
plastic like turfs to almost identical grass in
terms of touch and comfort, artificial grass has
now become ubiquitous in outdoor and indoor
applications around the world. There are two
types of fibers for synthetic grass namely,
monofilaments or slit-film tape. Monofilament
fibers are single strands while fibrillated
(slit-film) fibers are cut from sheets of
polymers to a predetermined width and later
perforated by design.
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During the review period (2012-2017), the market
displayed an uneven and volatile growth. This
growth was of this kind due to a host of macro
and micro factors. On one hand, during this
period, the market witnessed an increased
emphasis on physical fitness by various
government authorities and on the other hand it
also got embroiled in controversies due to health
concerns arising out of artificial turf usage and
unregulated nature of the industry. In an attempt
to make people more health conscious, the South
Korean government started transforming natural
grass pitches into artificial grass pitches so
that more sports could be played in a limited
area. Moreover, booming real estate market
leading to demand for more landscaping and
leisure applications and entry of international
players with an ambition to cash in on this
nascent market with a first mover advantage has
also helped in the growth of the South Korea
Artificial Turf Market. Among application areas,
Contact Sports garnered the highest share in
artificial turf market in South Korea. The most
dominant contact sport in South Korea was soccer
which was followed by hockey, baseball and other
sports. The second largest share was that of
Non-Contact Sports, followed by Leisure and
Landscaping. Increased interest by global sports
associations in using artificial turf as an
alternative to natural grass for creating
pitches, popularity of baseball leagues in South
Korea and shrinking green spaces in urban
residential areas have led to the growth of the
South Korean Artificial Turf Market.
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Products Covered Organized Artificial Turf
Sales, Unorganized Artificial Turf Segment,
Contact Sports, Non-Contact Sports, Landscaping,
Leisure, Artificial Turf in School Playgrounds,
Domestic Sales and Export For more information
on the research report, refer to below
link https//www.kenresearch.com/consumer-product
s-and-retail/home-and-office-furnishings/south-kor
ea-artificial-turf-market/149662-95.html Related
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