Entrance Floor Mat Market to Grow by Almost $ 640 Million During 2020-2024 | Includes Insights on Key Performing Segments | Technavio

LONDON–(BUSINESS WIRE)–Feb 4, 2021–
The entrance floor mat market is expected to grow by USD 639.45 million, progressing at a CAGR of about 2% during the forecast period.
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Technavio has announced its latest market research report titled Global Entrance Floor Mat Market 2020-2024 (Graphic: Business Wire)
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The increasing awareness about the use of floor mats is one of the major factors propelling market growth. However, factors such as high competition from unorganized players will hamper the market growth.
More details: https://www.technavio.com/report/entrance-floor-mat-market-industry-analysis
Entrance Floor Mat Market: Product Landscape
Based on the product, the market saw maximum growth in the scrapper and wiper segment in 2019. Scrapper and wiper mats are designed to sweep and remove debris and moisture from the shoes. Hence, they are extensively used in many commercial and residential applications, which is driving the growth of the segment. The market growth in the segment will be significant over the forecast period.
Entrance Floor Mat Market: Geographic Landscape
By geography, North America is going to have a lucrative growth during the forecast period. About 31% of the market’s overall growth is expected to originate from North America. The increasing demand for entrance floor mats from various sectors, including hospitality, gym, and hotels coupled with the economic growth is driving the growth of the market in North America.
The US is the key market for entrance floor mats in North America. Market growth in this region will be slower than the growth of the market in APAC, MEA, and South America.
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Companies Covered:

  • 3M Co.
  • American Floor Mats LLC
  • Bergo Flooring AB
  • Checkers Safety Group
  • Cintas Corp.
  • Crown Matting Technologies
  • Eagle Mat & Floor Products
  • Forbo Holding AG
  • Milliken & Co.
  • UniFirst Corp.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Scrapper and wiper – Market size and forecast 2019-2024
  • Anti-fatigue mats – Market size and forecast 2019-2024
  • Logo mats – Market size and forecast 2019-2024
  • Specialty mats – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Indoor – Market size and forecast 2019-2024
  • Outdoor – Market size and forecast 2019-2024
  • Market opportunity by Application

Market Segmentation by End-user

  • Market segments
  • Commercial
  • Residential

Market Segmentation by Material

  • Market segments
  • Coir
  • Cotton
  • Nylon
  • Polypropylene
  • Rubber
  • Vinyl
  • Others (jute and fabric)

Customer landscape
Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 3M Co.
  • American Floor Mats LLC
  • Bergo Flooring AB
  • Checkers Safety Group
  • Cintas Corp.
  • Crown Matting Technologies
  • Eagle Mat & Floor Products
  • Forbo Holding AG
  • Milliken & Co.
  • UniFirst Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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KEYWORD:
INDUSTRY KEYWORD: HOME GOODS RETAIL OFFICE PRODUCTS
SOURCE: Technavio Research
Copyright Business Wire 2021.
PUB: 02/04/2021 10:29 PM/DISC: 02/04/2021 10:29 PM
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