A Close Look At The Latest Research Trends Within The Entrance Matting Market
Posted: Oct 29, 2018
North America dominates with major share in the Entrance Matting Market:
North America dominates the entrance matting market with a share of approximately 30% in 2017,and generating a revenue of $1443.45 million by 2017. The market is forecast to grow at a CAGR of 4.90% to reach $1840.30 million by 2023. The market growth is mainly attributed to the growing demand from the construction industry. Europe entry mat market is analyzed, with respect to countries such asU.K, France, Germany, Sweden and others.The overall market for entrance matting inEurope was $1350.36 million in 2017, and is estimated to grow with a CAGR of 3.42% to reach $1656.59 million by 2023. Asia-pacific is the fastest growing region for entrance matting market, growing at a CAGR of 5.93% throughout the forecast period. With respect to the end-user of entrance matting products, the commercial mats sector is estimated to witness an upsurge due to the rapidly growing construction industry across developing economies.
Selected Material Analysis done in the Entrance Matting Market Report:
Entrance matting are heavily used indoor and outdoor that helps to avoid dust particles. Increasing importance for safety at work places and cleanliness in various industries displaysa positive influence on the market. Among all the materials, Polypropylene is projected to grow at a CAGR of 6.06% during the forecast period from $1048.6 million in 2017to $1415.23 million in 2023, followed by Nitrile rubber and PVC.Nitrile rubber for entrance matting market is the second leading segment, andis projected to grow at a CAGR of 5.41% from $986.6 million in 2017 to reach $1290.04million by 2023. Advantages such as ability to withstand any type of harsh environment that has high transaction, durability and its environment friendly characteristics propel the growth of the nitrile rubber entrance matting market.PVC segment held a revenue of $971.7 million in 2017, and is projected to grow with CAGR of 4.54% during the forecast period to $1217.01 million in 2023, owing to their resistance capacity againstharsh weather conditions.
Excerpts on Entrance Matting Market Growth Factors:
- The necessity for urban residential and commercial infrastructure due to rising urbanization have led to the rise inconstruction activity. This construction activity in emerging economies such as India and China, is driving demand for entrance matting.
- New technology restrictions, especially in Europe will probably see a decline in operating efficiencies across the manufacturers.
- Recent developments in raw materials for these mats might even automate the product differentiation process,which going forward will act as a serious threat to the current providers. Still, other materials such as rubber and nylon will still see larger players maintain their position in the market.
- New building projects forrenovation of corporate offices along with residential buildings are turning into highly effective walking areas. Due to higher rate of adoption,, the company’s manufacturing of these barrier matting aims to improve the quality, develop and establish low cost manufacturing platforms that support mass production of entrance matting.
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Key players of the Entrance Matting Market:
Forbo holding AG and 3M Company are the dominant players of the entrance matting market, with a share of 9% and 5% respectively, followed by Milliken & Co. and Cintas Corporation. The market is
highly fragmented, with the presence of numerous companies with various product offerings serving local, zonal, national and regional markets according to varying needs. Forbo Holding AG has an extensive and attractive range of environmentally friendly linoleum. The company comes under flooring system division. Forbo Holding AG is a global provider of premium commercialand residential floor covering.Someof the products are NuwayTuftiguard, NuwayTuftiguard Heavy Duty, Nuway Grid, cable connect, Flameguard, Coral Luxe, coral welcome etc. 3M Company works under fivesegments, and is one of the leading producers of entrance matting systems in the market. Some of the product segments mentioned are Nomad Series and Safety Walk Series. These products cover both indoor and outdoor doormat solutions.
Entrance Matting Market report is segmented as below
A. Entrance Matting Market – By Type
- Anti - Fatigue
- Flow through
B. Entrance Matting Market – By Material
- Nitrile Rubber
C. Entrance Matting Market – By Application
D. Entrance Matting Market – By End-User
E. Entrance Matting Market by Geography (covers 10+ countries)
F. Entrance Matting Entropy Market
Companies Citied / Interviewed In Entrance Matting Market:
- Kleen-Tex Industries Inc.
- Birrus Matting Systems
- The R.C. Musson Rubber Co.
- Paragon Carpets &Matworks
- Superior Manufacturing Group Inc. (Notrax)
- Bergo Flooring Ab
- Unifirst Corporation
- Company 8
- Company 9
- Company 10+
What can you expect from the report?
The Entrance Matting Market Report is Prepared with the Main Agenda to Cover the following 20 points:
- Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
- Market trends & Relevant Market Data 12. Country level Analysis
- Manufacturer Landscape 13. Competitor Analysis
- Distributor Landscape 14. Market Shares Analysis
- Pricing Analysis 15. Value Chain Analysis
- Top 10 End user Analysis 16. Supply Chain Analysis
- Product Benchmarking 17. Strategic Analysis
- Product Developments 18. Current & Future Market Landscape Analysis
- Mergers & Acquisition Analysis 19. Opportunity Analysis
- Patent Analysis 20. Revenue and Volume Analysis
Frequently Asked Questions:
Q. Does IndustryARC publish country or application based reports in Entrance Matting Market segment?
Response: Yes, we do have separate reports as mentioned below:
- America Entrance Matting Market Report(2018-2023)
- Europe Entrance Matting Market Share(2018-2023)
- Asia-Pacific Entrance Matting Market Growth(2018-2023)
- TypeEntrance Matting Market Analysis(2018-2023)
- Material Entrance Matting Market Insights(2018-2023)
- Application Entrance Matting Market (2018-2023)
- End User Entrance Matting Market (2018-2023)
Q. Does IndustryARC provide customized reports and charge additionally for limited customization?
Response:Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:
- Increase the level of data in application or end user industry.
- Increase the number of countries in geography chapter.
- Find out market shares for other smaller companies or companies which are of interest to you.
- Company profiles can be requested based on your interests.
- Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.
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IndustryArc is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation