Global Floor Safety Products Market 2017-2021

Overview of the global floor safety products market

Research analysis on the global floor safety products market identifies that the rise in construction of commercial buildings will be one of the major factors that will have a positive impact on the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of more than 4% by 2021. Commercial buildings such as offices and malls witness a huge number of foot traffic which increases the prospect of hazards. To overcome these problems, it is important for these commercial buildings to install floor safety signs in the event of repairs and maintenance to avoid falls and slips. The construction of commercial buildings is likely to show a strong growth rate during the forecast period due to rapid industrialization, especially in the developing economies such as China, Thailand, Malaysia, and Indonesia. The growth in number of commercial buildings will drive the utilization of floor safety products and increase the sales volume.

The introduction of multiple safety features in safety mats is one of the latest trends that will contribute to the growth of this market. The safety mats are equipped with features such as anti-slip, chemical resistance, antimicrobial, and oil and grease resistance. Some floor mats are also designed for impact and abrasion-resistance. These mats are also designed to meet the standards of reliability and durability in the harshest industrial environments. The integration of advanced safety features in the safety mats will drive the demand for higher adoption of safety mats in various end-user segments, which in turn, propels the growth of the floor safety products market.

Competitive landscape and key vendors  

The floor safety products market is largely fragmented due to the presence of numerous regional and local players. The vendors cater to the need for floor safety products from many industrial and commercial end-users. The competition in the market is intense and vendors are focusing on providing improved visibility and stability with durable materials that can prevent injuries. The stringent safety regulations imposed by regulatory bodies are compelling vendors to comply with safety standards while manufacturing safety products.

The leading vendors in the market are -

• 3M
• Emedco
• Jessup Manufacturing Company
• Safety Grip Solutions

The other prominent vendors in the market are American Mat & Rubber Products, Wearwell, Heskins, INCOM Manufacturing Group, No Skidding Products, Notrax, and Safe Tread.

Segmentation by product and analysis of the floor safety products market

• Safety mats
• Floor safety cones and signage
• Antislip tapes

During 2016, the safety mats segment accounted for the major shares of the floor safety products market. The rising demand from the manufacturing industry and health care organizations will be one of the major factors contributing to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the floor safety products market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the floor safety products market throughout the forecast period. The growth of the end-user industries such as the construction and manufacturing and the introduction of safety regulations by governments, will drive the growth of the market in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global floor safety products market?
• What are the key market trends impacting the growth of the global floor safety products market?
• What are the challenges to market growth?
• Who are the key vendors in the global floor safety products market?
• What are the market opportunities and threats faced by the vendors in the global floor safety products market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global floor safety products market?

Technavio also offers customization on reports based on specific client requirement.

This upcoming research report on the global floor safety products market offers insights into the forthcoming trends and drivers impacting the growth of the energy industry. Our reports for the energy also follow a scrupulous data collection methodology and offer an analysis of fast growing market segments like power.   

By considering the market forecast and size, surging demand for various segments of the power sector, the industry professionals at Technavio present an all-inclusive picture of the floor safety products market for the period of 2017 to 2021. Furthermore, our research approach helps clients develop impactful growth strategies and keep pace with the changing market dynamics. This market research report also offers analysis of multiple products and services based on the inference from the information gathered from key stakeholders such as channel partners and other market resources. 

This forthcoming market research report on the floor safety products market also covers vendors like Floor Safety Services, 3M, Essential Industries, and Tarkett. Furthermore, to offer clients the advantage to identify potential market opportunities and expand in niche markets, this report on the floor safety products market also covers geographies like the Americas, APAC, and EMEA. 

The upcoming industry research report for floor safety products market also categorizes the upcoming drivers, rapidly changing trends, as well as the restraints that the power sector currently experiences. This upcoming report on the floor safety products market presents insights into the rapidly changing competitive landscape to give clients a complete outlook of the forthcoming events within the energy industry. Technavio also in-depth market analysis into the sectors such as energy storage and smart grid. 

Our market research methodology for the floor safety products market

Technavio also offers clients the opportunity to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.