Industrial Floor Mats Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Incorporation Of Multiple Safety Features In Mats to boost the Market Growth | Technavio

LONDON--(BUSINESS WIRE)--#GlobalIndustrialFloorMatsMarket--Technavio has been monitoring the industrial floor mats market and it is poised to grow by USD 806.15 mn during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.



Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions:

  • What are the major trends in the market?
    Introduction of new designs and technologies in materials is a major trend driving the growth of the market
  • At what rate is the market projected to grow?
    The year-over-year growth for 2020 is estimated at 3.46% and the incremental growth of the market is anticipated to be $ 806.15 million.
  • Who are the top players in the market?
    3M Co., Apache Mills, Bergo Flooring AB, ES ROBBINS Corp., Kleen-Tex Industries Inc., Ludlow Composites Corp., Mountville Mills Inc., NoTrax, Unimat Industries LLC, and Wearwell LLC, are some of the major market participants.
  • What is the key market driver?
    The incorporation of multiple safety features in mats is one of the major factors driving the market.
  • How big is the North America market?
    The North America region will contribute 37% of the market share.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., Apache Mills, Bergo Flooring AB, ES ROBBINS Corp., Kleen-Tex Industries Inc., Ludlow Composites Corp., Mountville Mills Inc., NoTrax, Unimat Industries LLC, and Wearwell LLC are some of the major market participants. The incorporation of multiple safety features in mats will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Industrial Floor Mats Market 2020-2024: Segmentation

Industrial Floor Mats Market is segmented as below:

  • Product
    • Ergonomic Floor Mats
    • Entrance Floor Mats
  • Geography
    • North America
    • APAC
    • Europe
    • South America
    • MEA

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Industrial Floor Mats Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The industrial floor mats market report covers the following areas:

  • Industrial Floor Mats Market Size
  • Industrial Floor Mats Market Trends
  • Industrial Floor Mats Market Industry Analysis

This study identifies the introduction of new designs and technologies in materials as one of the prime reasons driving the industrial floor mats market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Industrial Floor Mats Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist industrial floor mats market growth during the next five years
  • Estimation of the industrial floor mats market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the industrial floor mats market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of industrial floor mats market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Ergonomic floor mats - Market size and forecast 2019-2024
  • Entrance floor mats - Market size and forecast 2019-2024
  • Market opportunity by Product

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume driver - Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 3M Co.
  • Apache Mills
  • Bergo Flooring AB
  • ES ROBBINS Corp.
  • Kleen-Tex Industries Inc.
  • Ludlow Composites Corp.
  • Mountville Mills Inc.
  • NoTrax
  • Unimat Industries LLC
  • Wearwell LLC

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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