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Global Wet Area Mats Market 2017-2021

  • Published: Jun 2017
  • Pages: 70
  • SKU: IRTNTR13437
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This market research study identifies 3M, NoTrax, Wearwell, and The Andersen Company as the leading players in the global wet area mats market. A comprehensive analysis of this market is also presented by end-user (commercial, industrial, and residential) and by geography (the Americas, APAC, and EMEA).

Overview of the global wet area mats market

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.

Competitive landscape and key vendors

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:

  • 3M
  • NoTrax
  • Wearwell
  • The Andersen Company

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.

Segmentation by end-user and analysis of the wet area mats market

  • Commercial
  • Industrial
  • Residential

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.

Segmentation by geography and analysis of the wet area mats market

  • Americas
  • APAC
  • EMEA

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.

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 wet area mats market?
  • What are the key market trends impacting the growth of the global wet area mats market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global wet area mats market?
  • What are the market opportunities and threats faced by the vendors in the global wet area mats market?
  • What are the 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 wet area mats market?

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

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.

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

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PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

  • Market outline

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by end-user

  • Overview
  • Commercial
  • Industrial
  • Residential

PART 07: Geographical segmentation

  • Overview
  • Americas
  • APAC
  • EMEA

PART 08: Decision framework

PART 09: Drivers and challenges

  • Market drivers
  • Market challenges

PART 10: Market trends

  • Increasing demand of wet area mats from amusement parks
  • Vendor focus on adherence to safety standards
  • Use of eco-friendly wet area mats

PART 11: Vendor landscape

  • Competitive scenario
  • Other prominent vendors

PART 12: Key vendor analysis

  • 3M
  • NoTrax
  • Wearwell
  • The Andersen Company

PART 13: Appendix

  • 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
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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
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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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