Published Date: 30-Nov-2022
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According to a new report, published by KBV research, The Global Anti-fatigue Mats Market size is expected to reach $2.2 billion by 2028, rising at a market growth of 5.2% CAGR during the forecast period.
The Online segment is showcasing a CAGR of 7.4% during (2022 - 2028). Various types of promotional offers are being provided by e-commerce retailers to customers online. Member benefits, cashback facilities, as well as discounts are being offered by online retailers which fascinate the buyers towards the product. Manufacturing units in the US, United Kingdom, and Germany prefer bulk buying through online channels as these online platforms provide ease of product selection and product verities.
The Industrial segment is leading the Global Anti-fatigue Mats Market by Application in 2021 thereby, achieving a market value of $1.1 billion by 2028. The occurrence of various problems including joint pains, foot problems, and circulatory diseases has increased due to the long-standing working hours on shop floors in the manufacturing sectors. As a result, to restrict the occurrence of these diseases among their employees, companies have increased the amount of anti-fatigue mats as a preventive method.
The North America market dominated the Global Anti-fatigue Mats Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $818.5 million by 2028. The Asia Pacific market is exhibiting a CAGR of 6% during (2022 - 2028). Additionally, The Europe market would showcase a CAGR of 5% during (2022 - 2028).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 3M Company, NoTrax (Justrite Manufacturing Company, LLC), Wearwell, LLC, Durable Corporation, Smart Step Flooring (American Pro Marketing, LLC), Euronics Industries Pvt, Ltd., M+A Matting, Satech, Inc. (SmartCells USA), and Mat Tech, LLC.
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