Global Entrance Floor Mat Market 2017-2021
About Entrance Floor Mat
Floor mats are placed at the entrances of the house, inside the house, kitchen, washrooms, offices, and other commercial places. They provide safety and trap debris like sand, mud, stones, and other material stuck on the bottom of footwear They also enhance the appearance of the floor. Floor mats help in reducing the chances of accidents and injuries caused by slips and falls. They ensure that the floors remain safe and dry.
Technavio’s analysts forecast the global entrance floor mat market to grow at a CAGR of 4.85% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global entrance floor mat market for 2017-2021. To calculate the market size, the report considers revenue from the sale of entrance floor mats.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Entrance Floor Mat Market 2017-2021
Technavio recognizes the following companies as the key players in the global entrance floor mat market: 3M, Cintas, Forbo International, NoTrax, and UniFirst.
Other Prominent Vendors in the market are: American Floor Mats, Apache Mills, Bergo Flooring, Birrus Matting Systems, Crown Matting Technologies, Eagle Mat and Floor Products, KLEEN-TEX INDUSTRIES, Milliken & Company, PromoMatting, and Unimat Industries.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is technological advances in entrance matting products. Technological advances in entrance matting products are trending in the global entrance floor mat market. Technological advances have led to improvements in raw materials in the recent years.”
According to the report, one driver in the market is premiumization through product innovation. Entrance floor mats are essential commodities of everyday use. They prevent injuries by reducing slips and falls. Entrance floor mats help users build the first line of defense to prevent moisture and dirt from entering the premises of the house and damage the flooring. In the developed economies, consumers are willing to spend extra on high-quality premium products.
Further, the report states that one challenge in the market is high competition from unorganized players. Well-established global vendors face high competition from unorganized players. Unorganized players are not registered with the government and their terms of employment are neither fixed nor regular. These unorganized players offer similar products like those offered by the major vendors. Therefore, brand and price constitute two of the key differentiating factors between the organized and unorganized players.
3M, Cintas, Forbo International, NoTrax, UniFirst, American Floor Mats, Apache Mills, Bergo Flooring, Birrus Matting Systems, Crown Matting Technologies, Eagle Mat and Floor Products, KLEEN-TEX INDUSTRIES, Milliken & Company, PromoMatting, and Unimat Industries.
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