Anti-fatigue Mat Market Size Worth .1 Billion By 2025 | CAGR: 5.1%Posted by Nicky Arora on April 1st, 2021 The global anti-fatigue mats market size is expected to reach USD 2.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.1% over the forecast period. Rising concerns over health problems including varicose veins, swelling in the legs, foot problems, poor blood circulation in the feet, circulatory and heart problems, and joint pain are expected to promote the utility of anti-fatigue mats. These products have the ability to limit the occurrences of these problems by implementing regular foot movement as the good adaptation of feet to the cushioned surfaces. High adoption of active office culture in developed countries including U.S., U.K., Germany, and France has paved the way for the installation of the anti-fatigue mats in provide to provide an ergonomic comfort to the employees with hectic workstyle.
The industrial sector generated a revenue of USD 770.0 million in 2018. Anti-fatigue mats attract consumers from the manufacturing industries including chemical production, textile manufacturing, food processing, wood and paper mills, and sanding and grinding industries, where the employees need to stand for a longer time. Buyers install anti-fatigue mats for ensuring the employee health, along with preventing the occurrences of fall accidents. Rising concerns over health issues including poor blood circulation in the feet, foot problems, and swelling in the legs among employees in the aforementioned manufacturing sub-sectors will expand the anti-fatigue mat market reach over the upcoming years.
The online channels are expected to expand at the fastest CAGR of 5.5% from 2019 to 2025. Buyers from various industries can purchase the products through B2B e-commerce portals from diverse brands irrespective of their geographic boundaries. Buyers can also compare the product price of different brands and choose it. Furthermore, features such as discounts, membership offers, and easy product comparison with advanced e-commerce website searching tools are expected to promote the scope for the online channels.
North America was the largest market with a revenue of USD 553.4 million in 2018. The growth of the market is attributed to presence of a large number of manufacturing units and corporate offices in the region. Companies invest in safety equipment inside their premises due to strict government regulations. Anti-fatigue mats are installed in places where people need to stand for a longer time.
Some of the key players operating in the global market are NoTrax; 3M; Unifirst; Wearwell, LLC; Smart Step Flooring; COBA Europe Ltd.; Mountville Mills, Inc.; Euronics Industries Pvt. Ltd.; M+A Matting; and SmartCells USA. New product launches are expected to remain one of the key strategies among the industry participants in order to tap new markets over the next few years.
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Further key findings from the report suggest:
North America was the largest regional anti-fatigue mat market with a revenue of USD 553.4 million in 2018. Like it? Share it! More by this author |