Press release
Demand For Anti-Fatigue Mats Market Driven By Shifting Consumer Perceptions And Growing Awareness : Fact.MR
Over the past few years, average working hours per employee in the industrial and corporate sectors have been rising as a result of skilled dedication to achieving targeted goals. Sit-stand desks are gaining popularity in developed countries such as the U.S., Germany, France and the U.K., which is increasing the demand for anti-fatigue mats.The number of commercial settings is increasing owing to changing geographies of start-ups. Demand for anti-fatigue mats from the commercial sector is witnessing an upsurge due to increased adoption of standing desks in these settings. Therefore, increasing number of commercial setups across the world is likely to have a positive impact on the anti-fatigue mats market over the coming years.
The global anti-fatigue mats market is anticipated to reach a valuation of over US$ 190 thousand (Th) in 2030, with its growth rate pegged at over 4% during the forecast period of 2020-2030.
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Anti-fatigue Mats Market: Segmentation
FactMR's study has done the segmentation of the anti-fatigue mats market on the basis of material, surface compatibility, length, design, end user, and sales channel, across seven regions.
Material
Foam
Rubber
Gel
Surface Compatibility
Wet
Dry
Oily.
Length
Less than 5 Feet
5 Feet - 12 Feet
13 Feet - 60 Feet
> 60 Feet
Design
Standard
Drainage
Interlocking
Others
End User
Industrial
Commercial
Residential
Sales Channel
Direct Sales
Indirect Sales
Region
North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA
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Key Takeaways from Anti-Fatigue Mats Market Study
East Asia dominated the global anti-fatigue mats market covering a market share of over 35% in 2019.
Anti-fatigue mats for commercial and residential settings are gaining traction, due to which, demand for dry surface compatible anti-fatigue mats is likely to create a value pool of over US$ 73 thousand.
Anti-fatigue mats of length more than 60 feet are estimated to account for a majority of the market share by the end of 2020, and over 36% by 2030.
Anti-fatigue mats with standard designs currently hold a dominant share in the global anti-fatigue mats market, but these are likely to lose some share to drainage designed anti-fatigue mats.
The anti-fatigue mats market is currently facing several setbacks owing to the COVID-19 outbreak. The services market is faced with potentially the worst existential crisis. The pandemic has forced the shutdown of production plants across regions, which has severely impacted the supply and demand for anti-fatigue mats in the first and second quarter of 2020.
"Demand for anti-fatigue mats is expected to rise dramatically over the next couple of years due to increased spending by consumers in developing countries. Leading manufacturers of anti-fatigue mats in the U.S. and Europe plan to increase their brand presence across developing markets,"
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Moderately Fragmented Market Structure with Competitors Emphasizing on Product Improvement
The global anti-fatigue mats market is partially fragmented in nature, with key market players holding a share of more than 18%. Market leaders are characterized by wide product portfolio for multiple applications. Prominent companies in the tier-1 bracket include StarTechWearwell LLC, M+A Mattings, and COBA International. Factors such as increased employer emphasis on a safe work atmosphere would offer tremendous opportunities for growth. Significant competition from the unorganized sector, however, may hinder market development.
Anti-Fatigue Mats Market: Scope of the Report
The anti-fatigue mats market report by Fact.MR offers forecast representation from 2020 to 2030. The report elaborates on the key drivers, restraints, opportunities and threats influencing the expansion of the anti-fatigue mats market. A detailed segmental analysis, based on material, surface compatibility, length, design, end user, sales channel, and region has been provided in the report. The report also covers a chapter on the COVID-19 impact analysis, to arm stakeholders with the necessary information.
Regional analysis in terms of supply chain analysis, business execution, and market value analysis provides an in-depth perspective about the future scope of the anti-fatigue mats market. In addition, a section providing detailed analysis of key market players and strategies has been added.
Source - https://www.factmr.com/report/3487/anti-fatigue-mats-market
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