Bizizz Market Research has recently published a research report, “Anti-fatigue Mats Market By End-User (Residential, Commercial and Industrial), Distribution channel (Online and offline), Component, and Region-Global Industry Trends, Estimation & Forecast, 2019 – 2027”.
As per the report, Global Anti-fatigue Mats Market was valued at US$ XX Bn in 2018 and it is anticipated to reach at market value of US$ 2.9 Bn by 2027, witnessing a CAGR of 5.6% during the forecast period. Key drivers of the market are increased employee safety along with rising promotional activities of Anti-fatigue is propelling its market demand.
The market of Anti-Fatigue has a good traction of customers especially from the corporate companies who are hugely demanding these products. Moreover, there is a substantial amount of demand for domestic purpose. The Anti-fatigue mats has a significant contribution in treating various illnesses of the customers that would boost the market demand for the anti-fatigue mat.
The Anti-fatigue Mats market is anticipated to register a CAGR of over 5.6% during the forecast period.
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By Application, Industrial segment held a prominent share in Global Anti-fatigue Mats Market in 2018.
The contribution of the anti-fatigue mats is high in the industrial segment that is gaining high demand for these offerings among the customers. As the corporate working lifestyle is increasing illnesses that includes foot related and circulatory diseases, etc. that is boosting its market demand. Moreover, the manufacturing companies are installing various types of Anti-Fatigue Mats in their facilities to improve the employees’ health that shall boost the market demand of these products.
By distribution channel, offline distribution channel Segment of Global Anti-fatigue Mats Market Is Anticipated to Witness the Fastest CAGR during the Forecast Period
The offline distribution channel are the most admired form of the sales channel for the anti-fatigue mats that is being admired by the customers globally. This is because of customer’s flexibility in purchasing these offerings from the local stores and supermarkets where the customers reach is easy. Such factors are propelling the growth of Anti-fatigue mats in the recent years.
North America is anticipated to dominate the Global Anti-fatigue Mats Market during the Forecast Period.
The North American region is dominating the market of Anti-fatigue mats by the presence of the various manufacturing and service sector companies in this region. Such market demand in this region could be attributed to the governments regulations in concern of the employees safety has propelled its market growth.
Global Anti-fatigue Matss market was moderately consolidated with key players accounting for significant share in 2018. Hence the existing the companies are trying to tap the opportunities present in the various region globally by their strategic expansion activities.
Prominent players operating in the Global Anti-fatigue Matss Market are: Smart Step Flooring, NoTrax, M+A Matting, Unifirst, Euronics Industries Pvt Ltd., Wearwell, LLC, SmartCells USA, Mountville Mills, Inc., and COBA Europe Ltd., among others.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision makers are:
a) Insights on current demand & supply gap analysis
b) Impact on value chain and supply chain and strategies adopted to off set its impact
c) Impact on Industry / company revenue and predictive intelligence on forecast sales
d) In-depth analysis on market segmentation – both value and volume analysis
e) Market assessment, regional
and country attractiveness, competitive benchmarking
and entry strategy
f) Prioritizing strategies and
how it would impact company’s short to long-term business
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