According to a report, “ Anti-fatigue Mats Market Size, Share & Trends Analysis Report By Application (Industrial, Commercial, Residential), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2019 – 2025 ”, published by Grand View Research, Inc., 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.
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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.
Further key findings from the report suggest:
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The industrial application segment generated a revenue of USD 770.0 million due to increasing need for anti-fatigue mats among employees. The commercial segment is projected to expand at the fastest CAGR of 5.6% from 2019 to 2025
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Offline channel generated a revenue of USD 1.2 billion in 2018. The online segment is expected to expand at a CAGR of 5.5% from 2019 to 2025 due to ease of product selection and free home delivery services
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North America was the largest regional anti-fatigue mat market with a revenue of USD 553.4 million in 2018.
Regional Insights
North America was the largest market, accounting for exceeding 35.0% share of the global revenue in 2018. Growth of the anti-fatigue mats market is attributed to the presence of a large number of corporate and manufacturing units, along with strong implementation of safety standards by government and industry associations. High healthcare expenditure in U.S. is driving the people towards adopting a healthy lifestyle in home as well as workplaces to avoid huge treatment costs. Furthermore, increasing number of limb problem and joint pain among the employees due to hectic workhours in corporate companies will boost the demand for anti-fatigue mats in the upcoming years.
Asia Pacific is the fastest growing market with a CAGR of 6.1% from 2019 to 2025. Growth of the manufacturing industries will lead to increase in the sales of anti-fatigue mats to provide safety for the workforce. Furthermore, increasing disposable income of the young working population in developing countries including China, India, South Korea, and Bangladesh is expected to open new markets over the next few years.
Anti-fatigue Mats Market Share Insights
Some of the major companies operating in the 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. Companies are working on new product launches to increase their market revenue. For instance, in November 2018, U.S. based company “SATECH, Inc.” has launched smart cells slim line anti-fatigue mat with a stylish basket weave surface. Smart cells have the ability to resist bottoming out under load and rebound when weight shifts, returning energy, thus creating a perfect balance of stability and cushioning to provide reduced fatigue and maximum comfort.
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Grand View Research has segmented the global anti-fatigue mat market on the basis of application, distribution channel, and region:
Anti-fatigue Mats Application Outlook (Revenue, USD Million, 2015 – 2025)
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Industrial
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Commercial
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Residential
Anti-fatigue Mats Distribution Channel Outlook (Revenue, USD Million, 2015 – 2025)
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Online
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Offline
Anti-fatigue Mats Regional Outlook (Revenue, USD Million, 2015 – 2025)
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North America
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U.S.
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Europe
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U.K.
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Germany
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Asia Pacific
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India
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China
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Central & South America
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Brazil
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Middle East & Africa
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South Africa
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Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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