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Industrial Floor Mats Market Trends, Active Key Players and Growth Projection Up to 2031 | TMR Study

Industrial floor mats refer to hard covering used to cover floor and offer protection to workers from sustaining injuries. Manufactured using different materials, industrial floor mats market are available in different types such as anti-static mats, anti-fatigue mats, and anti-slip mats.

Industrial floor mats also comprise industrial healed floor mats as well as rubber flooring rolls which offer features such as increased protection, improved ergonomics, and traction.

In addition to the above characteristics, industrial floor mats provide high resistance to chemicals, heat, and grease making them suitable products across various end-use industries.

Growing awareness about the importance of following safety guidelines at different workplaces in a bid to offer protection to laborers from accidents has emerged as key growth driver for industrial floor mats market.

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The global industrial floor mats market is expected to grow at a compound annual growth rate (CAGR) of 4.9% during the forecast period between 2021 and 2031. The global market valuation is estimated to reach US$2.5Bn at the end of the forecast period.

Surge in Product Demand to Reduce Fatigue and Discomfort among Workers Boosts Growth in Industrial Floor Mats Market

Also, surge in product demand to decrease discomfort and fatigue for workers in different industries has driven the demand for industrial floor mats and fueled the growth in overall market.

Advancements to existing products by the deployment of novel raw materials has also increased industrial floor mats demand and triggered the growth in global industrial floor mats market.

Governments initiatives and measures such as offering funding to manufacturers to produce improved quality of industrial floor mats has also increased product demand and augmented the growth in overall industrial floor mats market.

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Rapid Industrialization, Urbanization in Developing Countries Fuels Industrial Floor Mats Demand

Other factors such as rapid urbanization and industrialization, especially in developing countries have also helped increase product demand and stimulate the growth in global industrial mats market.

Anti-fatigue flooring mats product segment has made the largest contribution, in terms of revenue, to overall market because of increasing product demand to help laborers during harsh weather conditions.

The deployment of anti-fatigue flooring mats has also proven beneficial in decreasing pain in different parts of the body such as back and foot which resulted in surge in demand over other products and contributed significantly to market growth.

Asia Pacific Emerges as Leader in Overall Industrial Floor Mats Market, North America Offers Profitable Growth Potential for Future

Presence of several prominent manufacturers in countries such as China and India has helped Asia Pacific emerge as maximum revenue-generating region in global industrial floor mats market. Emergence of novel manufacturers in future could further boost market growth in the region, in the coming years.

Leading market players could establish production units in underdeveloped and developing Asia Pacific countries in future which could further fuel market growth in the region.

North America is projected to witness significant growth in overall market in future because of increased product deployment in different end-use industries such as food and beverages and dairy in countries such as US and Canada.

Growth strategies such as launch of novel industrial floor mats could help leading market players gain a competitive edge over other players and generate large amounts of revenue.

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Presence of Several Leading Players Intensifies Competition in Overall Industrial Floor Mats Market

The global industrial floor mats market has numerous well-established market players and as a result, competition is intense. Few of these players include Miliken and Co., 3M, American Mat Rubber, Apache Mills, and Floor Products.

 

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