Growth in Hospitality Industry Expected to Drive Global Commercial Entrance Mat Market: Ken Research

in #metal5 years ago

A commercial entrance mat is a piece of fabric material, placed on a floor or alternative flat surface. It is primary used for removing dirt from the footwear of the person by wiping or scrubbing their soles on the mat. It provides safety at the workplace from stones, sand, traps mud, and other material stuck in footwear as well as increases the appearance of the floor.

According to study, “Global Commercial Entrance Mat Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global commercial entrance mat market are 3M, IKEA, Mohawk, Apache Mills, Waterhog, Bungalow Flooring, Chilewich, Forbo Holdings AG, Cintas Corporation, Unifirst Corporation, Eagle Mat & Floor Products, Superior Manufacturing Group, Birrus Matting Systems. The key players are adopting various strategies to enlarge their global presence and increase their market shares. Some of the key strategies implemented by the players include acquisitions, expansions & investments, new product developments, and agreements.

Based on type, commercial entrance mat market is segmented into plastic mat, rubber mat and fabric mat. Based on product type, market is segmented into logo, walk-off mats, specialty mats, and anti-fatigue mats. Walk-off matt segment is estimated to exhibit higher growth rate owing to increase in commercial flooring products for retail, sports, hospitality, workplaces, healthcare, and many others during the forecast period. Based on utility, market is segmented into outdoor mat and indoor mat. Based on material type, market is segmented into rubber, polypropylene, leather, coir and others. The coir segment holds major share in market due to its ease of availability, wide use and low cost. Based on distribution channel, market is segmented into online stores and retail outlets. In addition, based on application, market is segmented into office buildings, hotel, mall and others.

The commercial entrance mat market is driven by rise in availability of nitrile rubber, followed by increase in disposable income, growth in infrastructure industry, increase in attractiveness of walk-off entrance mats in the offices, rise in working places, increase in industrial & technological advancements, growth in hospitality industry, stringent regulation in the hospitality industry & offices and growth of the commercial segment such as shopping malls, hospitality, fitness centers, institutions and hospitals. However, high cost of branded commercial door mats and dominance of local players may impact the market. Moreover, increase in Importance of Workplace Safety is a key opportunity for market. Furthermore, emergency of new products and rise in focus on the use of sustainable raw material are major trends for market.

Based on geography, the North-America is a leading region in global commercial entrance mat market owing to rise in adoption of entrance as walk-off and increase in event shows in the region. Whereas, the Asian-Pacific and European regions are estimated to exhibit significant growth rate due to growth in hospitality industry and rise in consumer awareness about environment over the forecast period. In upcoming years, it is projected that future of the market will be optimistic as a result of growth in popularity of new & innovative flooring solutions such as wooden, laminate, marble, and parquet flooring during the forecast period.

For More Information on the research report, refer to below link:-
https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/commercial-entrance-mat/300108-101.html

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