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NEW YORK , May 16, 2022 /PRNewswire/ -- According to the research report, Anti-Fatigue Mat Market will witness a YOY growth of 4.21% in 2022 at a CAGR of 4.96% during the forecast period. The rise of the organized retail sector is one of the primary drivers of the anti-fatigue mat industry. This anti-fatigue mat market forecast report extensively covers segmentation by:
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Anti-Fatigue Mat Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
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North America will account for 39% of total market growth. In North America , the US is the most important market for anti-fatigue mats. This region's market will expand faster than Europe's and South America's combined.
Over the projected period, the anti-fatigue mat market in North America would benefit from strong expansion in manufacturing, food, and beverages. Furthermore, countries such as the US, China , Japan , Germany , and the UK are expected to emerge as prominent markets for Anti-Fatigue Mat Market during the forecast period.
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The non-residential category will grow its anti-fatigue mat market share significantly. Non-residential end-users choose anti-fatigue mats that do not delaminate when wet, such as foam mats, for industrial applications where personnel stand for long periods of time. In comparison to typical anti-fatigue mats, these goods have a lot of traction. Vendors have been offering anti-fatigue mats specifically developed for industrial applications to meet these needs. Increasing product offerings will fuel the anti-fatigue mat market's expansion throughout the forecast period.
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Key Market Drivers & Challenges:
The expansion of the organized retail sector is one of the primary factors driving the anti-fatigue mat market forward. The rising demand for eco-friendly anti-fatigue mats is one of the key anti-fatigue mat industry trends driving the market forward. The large competition from the unorganized sector, however, is one of the barriers to the anti-fatigue mat industry's growth.
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Accelerate at a CAGR of 4.96%
North America, APAC, Europe, South America, and Middle East and Africa
US, China, Japan, Germany, and UK
Leading companies, Competitive strategies, Consumer engagement scope
3M Co., Alimed Inc., American Floor Mats LLC, American Mat and Rubber Co., American Pro Marketing LLC, Apache Mills, Bardwell Matting, BICO Group AB, COBA International Ltd., Crown Matting Technologies, Durable Corp., ES ROBBINS Corp., Floortex LLC, Humane Manufacturing Co. LLC, Justrite Mfg. Co. LLC, KLEEN TEX Industries Inc., Lets Gel Inc., Mountville Mills Inc., Pro Tech Mats Industries Inc., Ranco Industries Inc., SATECH Inc., UniFirst Corp., Wearwell LLC, and Xiamen Sheep Anti Fatigue Mat Co. Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
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6 Market Segmentation by Distribution Channel
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