The Global Entrance Floor Mat Market is expected to grow at a compound annual growth rate of 9.0% in the forecast period of 2021 to 2028 and is likely to reach a value of USD 1,274.14 million by 2028. The rise in the safety concern in the areas such as hospitality industry and workplaces or offices is a significant factor driving the market growth rate.
Likewise, the increase in the number of technological advancement in the matting industry along with rise in the prevalence of improved distribution channel will produce lucrative opportunities for the growth of the entrance floor mat market.
According to Data Bridge Market Research the market for entrance floor mat is expected to gain growth because of the rise in focus on interior and exterior decorations so as to attract customers. Also the increase in number of stringent regulations and rise in the importance of workplace safety and growing industries are also expected to fuel the demand of the entrance floor mat market over the forecast period of 2021 to 2028. Whereas, the high competition from unorganized players and the high cost of maintenance are expected to hinder the growth of the entrance floor mat market in the aforementioned forecast period.
Now the question is which are the other regions that entrance floor mat market is targeting? Data Bridge Market Research has estimated large growth in Asia-Pacific due to the rise in the awareness regarding entrance matting.
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Entrance floor mat market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of entrance floor mat companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-entrance-floor-mat-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Entrance Floor Mat Market – Industry Trends and Forecast to 2028