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Floor Pad Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Sep 2022
  • Pages: 142
  • SKU: IRTNTR45225
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The floor pad market share is expected to increase by USD 80.25 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.95%.

This floor pad market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers floor pad market segmentations by end-user (manufacturing, warehouse and logistics, healthcare, hospitality, and others) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The floor pad market report also offers information on several market vendors, including 3M Co., AB Electrolux, Americo Manufacturing Co, Compagnie de Saint Gobain SA, Corazzi Fiber Srl, Diversey Inc., ETC of Henderson Inc., Fibratesco Srl, Hubei Fengpu Abrasive Science And Tech. Co., Janex Inc., Jon Don LLC, Lake Country Manufacturing Inc., Medline Industries Inc., Murugappa Group, Newell Brands Inc., Parish Maintenance Supply, Roots Multiclean Ltd., Surie Polex Industries Pvt. Ltd., and Wearwell LLC among others.

What will the Floor Pad Market Size be During the Forecast Period?

Floor Pad Market Size

Download Report Sample to Unlock the Floor Pad Market Size for the Forecast Period and Other Important Statistics

 

Floor Pad Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing industrial floor cleaning market is notably driving the floor pad market growth, although factors such as the availability of low-cost labor in developing countries may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the floor pad industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Floor Pad Market Driver

  • The growing industrial floor cleaning market is one of the key drivers supporting the floor pad market growth. 
  • Typically, the rising number of non-residential constructions and the growing travel and tourism industry drive the global market for industrial floor cleaners, which is attributed to the increasing need and awareness among consumers for cleaner environments.
  • The adoption of greener and more sustainable cleaning practices is a key factor in the growth of the overall market.
  • The growth in end-user segments such as the healthcare, retail, and food and beverage industry has led to the steady growth of the industrial cleaning market. Significantly, there are several vendors in the market, and each of them strives to innovate and provide more sustainable cleaning solutions to stakeholders in the value chain.

Key Floor Pad Market Trend

  • Technological advances is one of the key floor pad market trends contributing to the market growth. 
  • The adoption of technology in cleaning practices will provide more effective results without chemicals. Disinfectants based on hydrogen peroxide with shorter contact times are an example of the types of innovations available in the market. 
  • Cylindrical brush technology is another innovation in the market. It uses approximately 30% less water than conventional rotary machines, which also leads to the consumption of fewer chemicals. The brushes used in this equipment apply the cleaning solution and scrub the floors with counter-rotating brushes with the parabolic squeegee.
  • Another device used for industrial floor cleaning is UV inspection black light. The housekeeping staff uses this to detect any biological matter, food particles, and other substances that the human eye cannot detect. With the use of e UV inspection black light, the cleaning staff can ensure that a surface is clean.

Key Floor Pad Market Challenge

  • The availability of low-cost labor in developing countries is one of the factors hindering the floor pad market growth. 
  • In countries such as India and China, people prefer human workers to gadgets, such as vacuum cleaners and floor cleaners, owing to the easy availability of low-cost labor. In addition, the availability of domestic workers enables the customization of the cleaning process.
  • In many developing countries in APAC, informal economic activities constitute a substantial and important source of employment for a major portion of the overall labor force. Overall, the informal sector accounts for more than 60% of the workforce.
  • The labor market is one of the main channels through which globalization affects developing countries. Also, child labor in these developing countries is high. Globally, children are routinely engaged in paid and unpaid forms of work, which may hinder the market growth in the forecasted period.

This floor pad market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global floor pad market as a part of the global building products market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the floor pad market during the forecast period.

Who are the Major Floor Pad Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 3M Co.
  • AB Electrolux
  • Americo Manufacturing Co
  • Compagnie de Saint Gobain SA
  • Corazzi Fiber Srl
  • Diversey Inc.
  • ETC of Henderson Inc.
  • Fibratesco Srl
  • Hubei Fengpu Abrasive Science And Tech. Co.
  • Janex Inc.
  • Jon Don LLC
  • Lake Country Manufacturing Inc.
  • Medline Industries Inc.
  • Murugappa Group
  • Newell Brands Inc.
  • Parish Maintenance Supply
  • Roots Multiclean Ltd.
  • Surie Polex Industries Pvt. Ltd.
  • Wearwell LLC

 

This statistical study of the floor pad market encompasses successful business strategies deployed by the key vendors. The floor pad market is fragmented and the vendors are deploying growth strategies such as price, quality, brand identity, and distribution channels to compete in the market.

Product Insights and News

  • parish-supply.com - Under the unified segment, the company offers products in janitorial cleaning, cleaning equipment, floor care, carpet cleaning, hand care, paper products, food service, safety and green cleaning.
  • parish-supply.com - The company offers floor pad products such as blue ice , cimex black stripping pads, cimex carpet cleaning pads, cimex natural fiber carpet cleaning pads and doodlebug pads for cleaning, buffing, burnishing, scrubbing, and floor stripping.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The floor pad market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Floor Pad Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the floor pad market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Floor Pad Market?

Floor Pad Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

32% of the market’s growth will originate from North America during the forecast period. The US is the key market for the floor pad market in North America. Market growth in this region will be faster than the growth of the market in Middle East and Africa.

The increasing urbanization and rising disposable incomes will facilitate the floor pad market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The market in North America was adversely affected in 2020 due to the outbreak of COVID-19.  However, the regional economy has recovered gradually since the first half of 2021, owing to the advent of vaccination drives in the region. This led to the resumption of manufacturing of various products, including floor pads. These factors are expected to have a positive impact on the growth of the regional market during the forecast period.

What are the Revenue-generating End-user Segments in the Floor Pad Market?

Floor Pad Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The floor pad market share growth by the manufacturing segment will be significant during the forecast period. In manufacturing plants, floor pads are used for cleaning, buffing, burnishing, scrubbing, and floor stripping. Thus, the growing number of manufacturing plants across the globe is expected to boost the demand for floor pads during the forecast period. For instance, in June 2020, Samsung Electronics Co. Ltd. signed a memorandum of understanding with the Government of Uttar Pradesh, a state in India, to invest around $705.75 million in a smartphone display manufacturing plant in the state. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the floor pad market size and actionable market insights on post COVID-19 impact on each segment.

You may be interested in:

Industrial Floor Mats market - The market share is expected to increase by USD 806.15 million from 2021 to 2025, and the market's growth momentum will accelerate at a CAGR of 4.24%.

Automotive Floor Carpet market - The market share is projected to grow by USD 1.24 billion with a CAGR of 3.5%, during the forecast period 2021 to 2026.

Entrance Floor Mat market - The market share is expected to increase by USD 756.65 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 2.52%.

Floor Pad Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.95%

Market growth 2022-2026

$ 80.25 million

Market structure

Fragmented

YoY growth (%)

5.09

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 32%

Key consumer countries

US, China, UK, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

3M Co., AB Electrolux, Americo Manufacturing Co, Compagnie de Saint Gobain SA, Corazzi Fiber Srl, Diversey Inc., ETC of Henderson Inc., Fibratesco Srl, Hubei Fengpu Abrasive Science And Tech. Co., Janex Inc., Jon Don LLC, Lake Country Manufacturing Inc., Medline Industries Inc., Murugappa Group, Newell Brands Inc., Parish Maintenance Supply, Roots Multiclean Ltd., Surie Polex Industries Pvt. Ltd., and Wearwell LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for forecast period.

Customization purview

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What are the Key Data Covered in this Floor Pad Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive floor pad market growth during the next five years
  • Precise estimation of the floor pad market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the floor pad industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of floor pad market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 26: Chart on Comparison by End-user
      • Exhibit 27: Data Table on Comparison by End-user
    • 5.3 Manufacturing - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Manufacturing - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Manufacturing - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Manufacturing - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Manufacturing - Year-over-year growth 2021-2026 (%)
    • 5.4 Warehouse and logistics - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Warehouse and logistics - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Warehouse and logistics - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Warehouse and logistics - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Warehouse and logistics - Year-over-year growth 2021-2026 (%)
    • 5.5 Healthcare - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Healthcare - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Healthcare - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)
    • 5.6 Hospitality - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Hospitality - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Hospitality - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Hospitality - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Hospitality - Year-over-year growth 2021-2026 (%)
    • 5.7 Others - Market size and forecast 2021-2026
      • Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.8 Market opportunity by End-user
      • Exhibit 48: Market opportunity by End-user ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 52: Chart on Geographic comparison
      • Exhibit 53: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 62: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 UK - Market size and forecast 2021-2026
      • Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 France - Market size and forecast 2021-2026
      • Exhibit 90: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 91: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 92: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 93: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 94: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 95: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 97: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 98: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 99: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 100: Matrix on vendor position and classification
            • 10.3 3M Co.
              • Exhibit 101: 3M Co. - Overview
              • Exhibit 102: 3M Co. - Business segments
              • Exhibit 103: 3M Co. - Key news
              • Exhibit 104: 3M Co. - Key offerings
              • Exhibit 105: 3M Co. - Segment focus
            • 10.4 AB Electrolux
              • Exhibit 106: AB Electrolux - Overview
              • Exhibit 107: AB Electrolux - Business segments
              • Exhibit 108: AB Electrolux - Key offerings
              • Exhibit 109: AB Electrolux - Segment focus
            • 10.5 Americo Manufacturing Co
              • Exhibit 110: Americo Manufacturing Co - Overview
              • Exhibit 111: Americo Manufacturing Co - Product / Service
              • Exhibit 112: Americo Manufacturing Co - Key offerings
            • 10.6 Compagnie de Saint Gobain SA
              • Exhibit 113: Compagnie de Saint Gobain SA - Overview
              • Exhibit 114: Compagnie de Saint Gobain SA - Business segments
              • Exhibit 115: Compagnie de Saint Gobain SA - Key news
              • Exhibit 116: Compagnie de Saint Gobain SA - Key offerings
              • Exhibit 117: Compagnie de Saint Gobain SA - Segment focus
            • 10.7 ETC of Henderson Inc.
              • Exhibit 118: ETC of Henderson Inc. - Overview
              • Exhibit 119: ETC of Henderson Inc. - Product / Service
              • Exhibit 120: ETC of Henderson Inc. - Key offerings
            • 10.8 Janex Inc.
              • Exhibit 121: Janex Inc. - Overview
              • Exhibit 122: Janex Inc. - Product / Service
              • Exhibit 123: Janex Inc. - Key offerings
            • 10.9 Jon Don LLC
              • Exhibit 124: Jon Don LLC - Overview
              • Exhibit 125: Jon Don LLC - Product / Service
              • Exhibit 126: Jon Don LLC - Key offerings
            • 10.10 Murugappa Group
              • Exhibit 127: Murugappa Group - Overview
              • Exhibit 128: Murugappa Group - Business segments
              • Exhibit 129: Murugappa Group - Key offerings
              • Exhibit 130: Murugappa Group - Segment focus
            • 10.11 Newell Brands Inc.
              • Exhibit 131: Newell Brands Inc. - Overview
              • Exhibit 132: Newell Brands Inc. - Business segments
              • Exhibit 133: Newell Brands Inc. - Key news
              • Exhibit 134: Newell Brands Inc. - Key offerings
              • Exhibit 135: Newell Brands Inc. - Segment focus
            • 10.12 Parish Maintenance Supply
              • Exhibit 136: Parish Maintenance Supply - Overview
              • Exhibit 137: Parish Maintenance Supply - Product / Service
              • Exhibit 138: Parish Maintenance Supply - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 139: Inclusions checklist
                • Exhibit 140: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 141: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 142: Research methodology
                • Exhibit 143: Validation techniques employed for market sizing
                • Exhibit 144: Information sources
              • 11.5 List of abbreviations
                • Exhibit 145: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Floor Pad market growth will increase by $80.25 million during 2022-2026.
              The floor pad market is expected to grow at a CAGR of 5.95% during 2022-2026.
              Technavio has segmented the floor pad market by end-user (Manufacturing, Warehouse and logistics, Healthcare, Hospitality, and Others) and geographic (North America, Europe, APAC, South America, Middle East and Africa, North America, Europe, APAC, South America, and MEA).
              3M Co., AB Electrolux, Americo Manufacturing Co, Compagnie de Saint Gobain SA, Corazzi Fiber Srl, Diversey Inc., ETC of Henderson Inc., Fibratesco Srl, Hubei Fengpu Abrasive Science And Tech. Co., Janex Inc., Jon Don LLC, Lake Country Manufacturing Inc., Medline Industries Inc., Murugappa Group, Newell Brands Inc., Parish Maintenance Supply, Roots Multiclean Ltd., Surie Polex Industries Pvt. Ltd., Wearwell LLC are a few of the key vendors in the floor pad market.
              North America will register the highest growth rate of 31.93% among the other regions. Therefore, the floor pad market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              • US
              • China
              • UK
              • Germany
              • France
              The key factors driving the floor pad market growth are:
              • Growing industrial floor cleaning market
              • Technological advances
              The floor pad market vendors should focus on grabbing business opportunities from the manufacturing segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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