A comprehensive overview of the Anti-skid Mats market is recently added by UnivDatos Market Insights to its humongous database. The Anti-skid Mats report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Anti-skid Mats market. The Anti-skid Mats report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing market growth. Furthermore, this statistical market research repository examines and estimates Anti-skid Mats at the global and regional levels. The Anti-skid Mats Market is expected to grow at an exponential CAGR from 2021-to 2027.
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Market Overview
Certain areas in the house such as the bathroom, kitchen, and balcony are always at risk of having wet floors. Wet floors or slippery tiles are amongst the leading reasons for bathroom accidents, especially amongst the elderly generation, people with mobility issues. Anti-skid mats are non-slippery mats that help prevent trips, slips, and falls. Anti-skid mats are specifically used on floors having liquid spills. The mats provide Comfortable, Secure Footing on Wet, Slippery Surfaces and Stability. According to the U.S. Department of Labor, slips, trips, and falls make up most general industry accidents, which account for:15% of all accidental deaths per year, the second-leading cause behind motor vehicles, About 25% of all reported injury claims per fiscal year and More than 95 million lost workdays per year, about 65% of all workdays lost.
Also, schools and sports or health clubs are likely to be key consumers for the product as it can sustain wear & tear. As per the National Center for Education Statistics (NCES), there are 130,930 recorded K-12 schools in the United States of America (U.S.A) As of 2020. The number is registering a continuous year-on-year rise. Also, increasing sports activities in the United States and increasing investments by the governments in playgrounds and sports programs are likely to have a positive impact on the anti-skid mats market, which is contributing to the growth of the anti-skid mats market.
COVID-19 Impact
During the COVID-19 pandemic, the homes furnishing industry witnessed a considerable rise. Millions of consumers were renovating their current homes during the COVID-19 pandemic. So, the retail home furnishings category has seen tremendous growth in both site traffic and spending. As per a ComScore MMX Multi-Platform, sites in the retail home furnishings category have also seen record high visitation numbers in 2020, with a peak of 133 million U.S. unique visitors in May 2020. Moreover, during Feb-May 2020, there was an increase of around 26% in retail home furnishing visitation.
The Anti-skid Mats Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Application, the market is primarily bifurcated into
• Residential
• Commercial
• Industrial
The residential segment grabbed XX% market share in 2020. A rise in the construction industry coupled with the emerging spending the home interiors is leading to the growth of the market. China, home to 1.4 billion people, is the world’s most valuable residential market and now accounts for 30% of total global residential value. The total residential value here grew by 13% in 2020, driven by strong price growth coupled with the delivery of new supply.
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By Distribution Channel, the market is primarily bifurcated into
• Online
• Hypermarket/ Supermarket
• Specialty Stores
• Others
The hypermarket/ supermarket segment grabbed XX% market share in 2020. Expanding hypermarkets/ supermarkets globally is leading to the growth of this segment. As per a study by Harward business review 73% of customers use multiple channels to shop. Moreover, in 2019, 90% of retail sales happened in physical stores in the United States.
Anti-skid Mats Market Geographical Segmentation Includes:
· North America
· Europe
· Asia-Pacific
· Rest of the World
Based on the estimation, the Asia-Pacific region grabbed XX% market share in 2020. The booming construction industry in the region coupled with the growth in the commercial and industrial sector is leading to the growth of the market. However, the Europe region would witness an exponential CAGR during the forthcoming years.
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The major players targeting the market includes
• American Floor Mats
• Birrus Matting Systems
• Cintas Corporation
• Crown Matting Technologies
• Eagle Mat and Floor Products
• Forbo International
• Kleen-Tex Industries
• Milliken & Company
• Promo Matting
• The 3M Company
The degree of competition among prominent regional companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Anti-skid Mats market. The leading players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
· What are the latest trends, new patterns, and technological advancements in the Anti-skid Mats Market?
· Which factors are influencing the Anti-skid Mats market over the forecast period?
· What are the global challenges, threats, and risks in the Anti-skid Mats Market?
· Which factors are propelling and restraining the Anti-skid Mats Market?
· What are the demanding global regions of the Anti-skid Mats Market?
· What will be the global market size in the upcoming years?
· What are the crucial market acquisition strategies and policies applied by global companies?
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