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Global Anti-Fatigue Mats Market was Valued at US$ XX Bn in 2019 and it is Expected to Reach More than US$ 3.10 Bn by 2028, Likely to Grow with the CAGR of 5.6% During the Forecast Period.
Anti-fatigue Mats market has shown significant growth since last few years and is anticipated to grow rapidly in the coming years. Some of the factors driving the growth of the global market include rising number of joint pane and limb problems among employees, the growing popularity of sit-stand desk in developing countries, and supportive government policies across the globe.
Rising Awareness of Employee Safety across the Globe is Fuelling the Growth of Global Market
The major factor driving the growth of global Anti-fatigue Mats is the rising awareness regarding the employee’s safety. The increasing average working hours in corporate and industrial sectors has led to the rise in health issues among employees. The public and private sectors are highly engaged in promotional activities to spread awareness regarding employee’s health. For instance, the Occupational Safety and Health Administration announced to deploy various safety equipment at the workplace aimed at minimizing the rising scale of workstation accidents. This is expected to put a positive impact on the growth of the global market.
The anti-fatigue mats have applications in home offices, bathrooms, laundries, and garages. Moreover, the increasing number of the lower limb and foot-related issues is estimated to create lucrative opportunities during the forecast period.
Industrial Segment Held A Key Share In Global Anti-Fatigue Mats Market In 2018
On the basis of application, the industrial segment dominated the global anti-fatigue mats market in 2018. However, the commercial segment is expected to witness the highest growth rate over the forecast period. The dominance of the industrial segment can be attributed to the rising occurrences of several foot-related problems, circulatory diseases, and joint pains owing to long-standing working hours. The manufacturers are installing anti-fatigue mats in their manufacturing units to minimize foot-related problems.
Furthermore, the commercial segment is anticipated to grow rapidly during the forecast period. The growth of the segment can be credited to continuous innovations and product launch in this sector. This is intended to increase its market share as well as the customer base across the globe. For instance, in November 2018 Satech, Inc. unveiled SmartCells SlimLine anti-fatigue mat collection. The commercial segment is projected to grow at a compound annual growth rate of 11.6 % during the forecast period.
Offline Segment Occupied Key Share in Global Anti-fatigue Mats Market in 2019
Based on the distribution channel, the offline segment accounted for the largest market share due to consumer preference for purchase from supermarkets and local stores. The consumers can physically experience the product’s comfort and features which gives them quality assurance. Also, the stores offer product installation and after-sales services including repair and maintenance which contribute in the growth of the segment.
Conversely, the online segment is expected to show the fastest growth rate over the forecast period. The growth of the segment can be attributed to rising popularity of e-commerce channels across the globe. The online channels offer cashback facilities, member benefits, and a huge discount on bulk as well as single unit purchases.
North America Dominates the Global Market, Holding Significant Market Share In 2019
North America anti-fatigue mats market is anticipated to expand at a rapid pace during the forecast period. The segment held significant market share in 2019. The dominance of the region can be accredited to supportive government regulation related to safety standards and the presence of several manufacturing units across the region. Furthermore, the U.S. government invests a huge amount for the growth of the healthcare sector in order to minimize the expenditure over treatments. This promotes the adoption of a healthy lifestyle in offices and homes. Moreover, owing to hectic work schedules the rising number of joint pain and limb problem cases is expected to create new opportunities for the growth of the anti-fatigue mats market in the region.
Asia Pacific is likely to grow at the highest CAGR during the forecast period. This is mainly due to the growing manufacturing sector in developing APAC countries such as China, Japan, Taiwan, and India. This endorses the sale of anti-fatigue mats to create safe and healthy workplaces.
Research and Development Activities are the Key Strategies Adopted by Key Players
The global anti-fatigue mats market is consolidated with a stronghold of few companies in the global markets. Almost 70 % of market share is occupied by 4-5 companies. The companies are engaged in research and development activities in order to develop innovative products which will result in strengthening their foothold in the global market. Some of the instances are stated below.
In September 2019, Notrax announced the new addition in their anti-fatigue mat portfolio with the launch of SkyStep. The product comes in different sized and has a thickness of 13 mm. The product offers anti-slip properties with maximum fatigue relief.
In August 2019, First Mats announced the launch of the CaterStep red nitrile anti-fatigue mat. The mat is designed for commercial kitchens. These mats are compatible with oil which is making it more popular among consumers. This launch is intended to expand its customer base across the globe by providing superior features associated with the new red mat.
Some of the prominent companies operating in the global Anti-fatigue Mats market include SmartCells USA, NoTrax, M+A Matting, Unifirst, Euronics Industries Pvt Ltd., Wearwell, LLC, Mountville Mills, Inc., Smart Step Flooring, and COBA Europe Ltd.
Global Anti-fatigue Mats Market by End-Use
Global Anti-fatigue Mats Market by Distribution Channel
Global Anti-fatigue Mats Market by Region
- North America
- Asia Pacific
- Middle East & Africa
- Latin America