Press release
Global Entrance Matting Market Report 2024: Key Trends and Growth Opportunities
Entrance Matting Market Trends
The new report published by The Business Research Company, titled Entrance Matting Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the entrance matting market size has grown strongly in recent years. It will grow from $6.68 billion in 2023 to $7.12 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The entrance matting market size is expected to see strong growth in the next few years. It will grow to $9.24 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%.
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What Is Driving The Growth Of The Global Entrance Matting Market?
Impact Of Rising Residential Housing Completions On The Entrance Matting Market
The increasing number of residential housing completions is expected to propel the growth of the entrance matting market. Residential housing completions refer to the number of newly constructed or finished housing units ready for occupancy within a specified period. An increase in residential housing completions can be influenced by factors such as low interest rates, demand for housing, the availability of land for development, and supportive government policies and incentives. Entrance matting in residential housing traps dirt and moisture from shoes, protecting floors and minimizing cleaning efforts. For instance, in June 2024, according to the data released by the United States Census Bureau, a US-based government agency, privately-owned residential housing completions were at an annual rate of 1,710,000, up 10.1% from May and 15.5% from June 2023. Single-family completions were at a rate of 1,037,000, 1.8% above May's rate. Therefore, the increasing number of residential housing completions is driving the entrance matting market.
What Is The Key Trend In The Global Entrance Matting Market?
Innovation And Advancements In High-Performance Entrance Matting Systems
Major companies operating in the entrance matting market are focused on developing environmentally friendly products and offering sustainable options such as recycled PVC entrance matting to enhance sustainability credentials and attract eco-conscious consumers. Recycled PVC entrance matting is made from post-consumer or post-industrial PVC (polyvinyl chloride) waste, repurposed into durable and functional mats designed for entryways. For instance, in March 2023, INTRAsystems, a UK-based manufacturer of entrance matting solutions, launched Intralink 2, a heavy-duty, modular entrance matting system made from 100% recycled PVC, offering exceptional durability, flexibility, and effectiveness at an affordable price without compromising on aesthetics. It features an open, heel-proof construction for effective dirt removal, quality polyamide fiber inserts for optimum moisture absorption, and is suitable for both internal and external applications in high-traffic locations such as public buildings, commercial offices, and shopping centers. It is easy to install using basic tools, fully rollable for ease of cleaning and maintenance, and compatible with electronic tagging systems.
How Is The Global Entrance Matting Market Segmented?
The entrance matting market covered in this report is segmented -
1) By Type: Anti-Fatigue, Walk-Off Matts, Logo And Specialty
2) By Material: Nylon, Rubber, Polypropylene, Vinyl, Other Materials
3) By Application: Residential, Commercial
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How Is The Competitive Landscape Of The Global Entrance Matting Market?
Major companies operating in the entrance matting market are 3M Company, Cintas Corporation, Milliken & Company, Unifirst Corporation, Forbo Holdings AG, M+A Matting, The Andersen Company, Apache Mills Inc., New Pig Corporation, Mountville Mills, Kleen-Tex Industries Ltd., Seton Ltd., COBA Europe Ltd., Superior Manufacturing Group, Notrax, GelPro, GEGGUS GmbH, Consolidated Plastics, Durable Corporation, Bergo Flooring AB, Advance Flooring Systems Ltd., Koffler Sales Company, Eagle Mat & Floor Products Inc., EMCO Bau- und Klimatechnik GmbH & Co. KG, American Floor Mats
Contents Of The Global Entrance Matting Market
1. Executive Summary
2. Entrance Matting Market Report Structure
3. Entrance Matting Market Trends And Strategies
4. Entrance Matting Market - Macro Economic Scenario
5. Entrance Matting Market Size And Growth
…..
27. Entrance Matting Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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