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According to Technavio's market research report, the global wet area mats market will grow at a CAGR of more than 5% during the forecast period. The introduction of enhanced safety additives in wet area mats will drive the growth prospects for the market from 2017 to 2021. The addition of anti-microbial additives prevents the growth of mold, fungi, bacteria, and odor-causing germs on wet area mats. This offers enhanced safety to the users' feet from fungal and other infections in various damp areas such as swimming pools. The prolonged exposure of feet to wet or damp conditions can cause various infections such as tinea pedis or athlete's foot, which is one of the most prevalent foot infections. This infection results in the formation of small vesicles and causes itching, cracking, and scaling that affects the skin of the feet. The use of anti-microbial products in wet area mats aids in the prevention of such infections.
One of the key trends that will gain traction in the wet area mats market is the rising preference for eco-friendly wet area mats. Manufacturers are using recycled materials such as recycled rubber from tires and used mats to create eco-friendly wet area mats. This offers various benefits such as affordability, reduced dumping in landfills, and increased durability and will further encourage the production of eco-friendly wet area mats.
The wet floor mat market is highly fragmented due to the presence of numerous regional and global players. Vendors are developing durable materials that offer enhanced safety and stability and can withstand various chemical reactions. Additionally, the vendors are also focusing on offering enhanced safety additives that are resistant to oil and chlorine in water. To enhance their customer base, vendors are taking efforts to achieve high traction certification from the National Floor Safety Institute (NFSI). Regulatory compliances, warranty periods, price, and design for enhanced comfort are some of the major factors that the vendors usually compete on.
Key vendors in this market are:
Other prominent vendors in the market include ALECO, American Mat Rubber, Birrus Matting Systems, Cintas, Crown Matting Technologies, DURABLE, General Mat Company, GEGGUS, Kleen-Tex Industries, Matco, Milliken & Company, Mountville Mills, Muovihaka, Ranco Industries, and UniFirst.
The commercial segment includes swimming pools, water parks, locker rooms, showers, and eyewash stations. During 2016, this segment accounted for the majority shares of the of the wet area mats market. The increasing number of swimming pools and water parks drives the influx of water sports enthusiasts, which consequently drives the demand for wet area mats or pool mats. Additionally, the increasing number of footfalls in these water theme parks will also boost the demand for wet floor mats in this segment during the next four years.
The Americas accounted for the majority of the market shares during 2016. The demand for wet area mats is increasing in various food processing plants and manufacturing plants in this region as they are susceptible to spills and leaks that can cause potential hazards to workers. This compels employers to purchase wet area mats to offer a safer work environment. The introduction of stringent safety regulations in countries such as the US and Canada will also drive the adoption of wet area mats in this region.
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This upcoming industry research report on the global wet area mats market offers insights into the key trends and developing drivers influence the growth of the industry. Our market research reports for the energy industry follow a diligent data collection methodology and offer an analysis of quick-growing market segments like power.
Our upcoming market research report also offers an all-inclusive picture of the global wet area mats market for the estimated period of 2017-2021 by taking into account the market forecast, size, and rising demand for various power products and services. Moreover, our research practices help clients develop operative growth strategies and keep pace with the constantly changing market landscape. This market study also offers a complete analysis of various power services based on the interpretation of the information gathered from specific resources such as market stakeholders and channel partners. This upcoming market research report on the global wet area mats market also covers vendors like Milliken & Company, NoTrax, Wearwell, DURABLE CORP., Muovihaka, and 3M.
This forthcoming industry report on the global wet area mats market also considers the growth of the similar power markets such as the flame retardant apparel, which is expected to grow at a CAGR of above 5% during the predicted period. According to our market specialists, increasing preference for healthy working environments may influence the demand for wet area mats in the coming years.
The future industry research report for the global wet area mats market also classifies the key drivers, major trends, as well as the limitations that the power sector currently experiences. It also presents insights into the rapidly changing competitive scenario to give clients an accurate picture of the upcoming events within the energy industry. Technavio also provides deep-dive market assessments into the sectors such as energy storage and smart grid.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
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