Monday, October 14, 2024

Global Entrance Matting Market Analysis 2024: Size Forecast and Growth Prospects

The entrance matting global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.


Entrance Matting Market, 2024The entrance matting global market report 2024

Market Size - 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 growth in the historic period can be attributed to improved heat, stain, water, and chemical resistance, growing popularity of walk-off entrance mats, use of entrance matting for effective maintenance of the facility, flexibility in design and color options, growing consumer awareness about environment.
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%. The growth in the forecast period can be attributed to effectiveness offered by entrance mats against dirt, mud, and debris, rise of e-commerce and online sales channels, rise of anti-fatigue, ease of cleaning and maintenance, greater emphasis on floor protection. Major trends in the forecast period include innovations in materials and technologies, smart entrance matting solutions, advanced manufacturing techniques, embedded data collection devices, smart building technology.

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Scope Of Entrance Matting MarketThe Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Entrance Matting Market Overview

Market Drivers -The increasing number of residential housing completions is driving the entrance matting market. Residential housing completions refer to the construction of new housing units ready for occupancy. Factors such as low interest rates, demand for housing, available development land, and government policies drive the rise in completions. Entrance matting in homes prevents dirt and moisture from being tracked inside, protecting floors and reducing cleaning needs. In June 2024, the U.S. Census Bureau reported that privately-owned housing completions had reached an annual rate of 1.71 million, marking a 10.1% increase from May and a 15.5% rise from June 2023, with single-family completions hitting 1.037 million, up 1.8% from May. As housing completions increase, the demand for entrance matting grows.

Market Trends - 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.

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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Regional Insights - North America was the largest region in the entrance matting market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the entrance matting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies in the 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

Table of Contents

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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