NEW YORK, July 27, 2022 /PRNewswire/ — The “Floor Protection Mats Market by End User and Geography: Forecast and Analysis 2021-2025“The Technavio report expects the market size to grow 314.79 million dollars between 2020 and 2025. The market observed a YoY growth of 3.75% in 2021 and the growth momentum is expected to accelerate at a CAGR of 4.39% during the forecast period. The report provides a comprehensive analysis of recent developments, new product launches, major revenue-generating segments and market behavior across geographies. Download a sample PDF report here
Technavio has announced its latest market research report titled Ground Protection Mats Market by End User and Geography – Forecast and Analysis 2021-2025
The market for floor protection mats is fragmented with the presence of several small and large companies. Marketers’ marketing activities are primarily through direct mail programs, as well as advertisements in magazines, trade journals, and other media. Marketers are focusing on online marketing and lead generation strategies, including search engine optimization, search engine marketing, social media communication, and email marketing campaigns.
The rise in the use of floor protection mats in the construction industry has been instrumental in driving the growth of the market. However, the growing demand for rental floor protection mats could reduce the growth opportunities for the market players. Vendor growth also depends on market conditions, government support and industry development. Therefore, vendors need to expand geographically and revive domestic demand to achieve sustained growth over a period of time. Marketers can increase their profitability by practicing efficient production techniques to minimize product costs and avoid cost overruns. Competitors must focus on differentiating their product offerings with unique value propositions to strengthen their market position. Market sellers must also take advantage of existing growth prospects in fast-growing segments, while maintaining their positions in slow-growing segments.
Technavio identifies CGK-Group, Checkers Safety Group, Ground Protection Mats, Isokon proizvodnja in rekordiya thermostalov doo, Newpark Resources Inc., Oxford Plastic Systems Ltd., Quality Mat Co., Shandong Ningjin Xinxing Chemical Co. Ltd., Signature Systems Group LLC. and The Rubber Co. Ltd. among some of the dominant market participants. Request a sample PDF report here
The floor protection mats market is segmented as follows:
Demand for floor protection mats is high among industrial end users. The need to ensure safe access and walkways, reduce accidents such as slips and falls, and enable easy handling and movement of heavy machinery is driving demand for floor protection mats from industrial end users. Moreover, the growth of the global construction industry is expected to positively influence the growth of the segment during the forecast period.
APAC is the largest market for floor protection mats, accounting for 33% of the global market share. Increasing construction activities in the region is driving the demand for floor protection mats in the region. Growth in utilities, energy, and infrastructure industries will further fuel the growth of the floor protection mats market in APAC during the forecast period.
Technavio presents a detailed picture of the market by studying, synthesizing and aggregating data from multiple sources. The Floor Protection Mats market report covers the following areas:
Floor Protection Mats Market 2021-2025: Highlights
Market CAGR during the forecast period 2021-2025
Detailed information on factors that will aid the growth of the Floor Protection Mats market over the next five years
Estimation of the Floor Protection Mats market size and its contribution to the parent market
Predictions about upcoming trends and changes in consumer behavior
The growth of the floor protection mats market
Market competitive landscape analysis and detailed vendor information
Comprehensive details of the factors that will challenge the growth of the vendors in the Floor Protection Mats market
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Table of Contents:
1 Executive summary
2 Market landscape
3 Size of the market
4 Analysis of the five forces
5 Market segmentation by end user
6 Customer landscape
7 Geographical Landscape
8 drivers, challenges and trends
9 Landscape of sellers
10 Analysis of suppliers
11 Appendix
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