Advancing construction industry in American and European countries, growing prominence of leading architectural markets, rising disposable income, increasing standards of living, and escalating growth in urban areas are some significant factors that have been pivotal in the growth of entrance matting market, according to a business intelligence report published by IndustryARC. As per the report, the global entrance matting market is evaluated to expand with a compound annual growth rate (CAGR) of 4.26% over the forecast period of 2018-2023 and attain a worth of $6,213.56 million by 2023.
The report is titled
‘Entrance Matting Market: By Material (Polymers, Coir, Cotton, Rubber,
Aluminium, Steel, Sheet Fibre); By Type (Absorbent, Anti-slips); By Application
(Indoor, Outdoor); By End-Users (Airport, Bank, Gym) & By Geography
Analysis Forecast Period (2018-2023).’ This report has been prepared by a
chemicals analyst at IndustryARC who has assessed the market through several
parameters including opportunities and market forces.
Entrance Matting Market: Regional
Analysis
North America have always
been a pioneer when it comes to innovation and adoption in all industries,
especially those pertaining to increasing safety of manual labor at workplaces.
Other factors that have led to the growth of entrance mats in North America is
an increase in disposable incomes, which has inspired consumers to purchase
indoor and outdoor utility entrance matting for their houses or shops. There is
a prolific increase in industrial R&D which has led to the manufacturing of
better quality of entrance matting. According to the analyst, North America
dominated the entrance matting market in 2017 with an evaluated market revenue
of $1,369.25 million, and the opportunities will expand at a CAGR of 4.90%
through 2023.
Entrance Matting Market: Recent
Developments
Ø Adelphos
Capital, a Greenville based institutional investor acquired Milliken Packaging
Corporation in 2018. This acquisition will result in improved manufacturing capacity
of Adelphos pertaining to performance and protective textile, specialty
chemical, and floor manufacturing expertise.
Ø Flotex
High Tech Textile launched its new collection of Flotex High tech textile
planks and Forbo Flooring Systems that has created a new era for interior
design in office and luxury hotels. Flotex planks featured a densely packed
Nylon 6.6 fibres that are extremely comfortable to walk on.
Ø Milliken
and Company unveiled a new rug collection after acquiring Keystone Aniline
Corporation, a manufacturer of dyes, pigments, and polymers.
Entrance Matting Market: Competitive
Landscape
Several key market
players have made significant developments in the entrance matting market.
These competitive players include the 3M Company, Forbo Holding AG, Kleen Tex
Industries Inc., Milliken & Company Inc., Cintas Corporation, Birrus
Matting Systems, The RC Musson Rubber Co., Paragon Carpets And Matworks,
Superior Manufacturing Group Inc., Bergo Flooring AB, and Unifirst Corporation.
Talk to one of our
sales representative about the full report by providing your details in the
link below:
https://www.industryarc.com/support.php?id=15538
Related Reports:
A. Australia
and NZ Entrance Matting Market
https://www.industryarc.com/Report/18735/australia-nz-entrance-matting-market.html
What
can you expect from the report?
The
Entrance Matting Market report is prepared with the main agenda to cover
the following 20 points:
1. Market Size by
Product Categories &
Application
11. Demand Analysis (Revenue
&
Volume)
2.
Market trends & Relevant Market
Data
12. Country level
Analysis
3.
Manufacturer
Landscape
13. Competitor
Analysis
4.
Distributor Landscape
14. Market
Shares Analysis
5.
Pricing Analysis
15. Value
Chain Analysis
6.
Top 10 End user Analysis
16. Supply
Chain Analysis
7.
Product Benchmarking
17. Strategic
Analysis
8.
Product Developments
18. Current
& Future Market Landscape
Analysis
9.
Mergers & Acquisitions Analysis
19.
Opportunity Analysis
10.
Patent Analysis
20.
Revenue and Volume Analysis
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