Analysis of Anti-Fatigue Mats market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
The global anti-fatigue mats market has seen a historical CAGR of over 3% during the period (2015-2019), and is further projected to create a valuation of around US$ 190 thousand (Th) by 2030. The anti-fatigue mats market is poised to expand at a CAGR of over 4% during the forecast period (2020–2030).
Due to the ongoing COVID-19 outbreak, there has been an enduring impact on the consumer goods industry. This crisis has fundamentally changed consumer purchase patterns, and has accelerated immense structural changes in the consumer goods sector. Due to the COVID-19 pandemic, the anti-fatigue mats market has been affected due to reduced real estate activities. However, as the situation subsides, the market is anticipated to get back to normal growth.
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Time spent sitting is considered to have negative health outcomes. To avoid this, many companies are using active workstations and are adopting the usage of standing desks that provide a seamless transition from a sitting to a standing desk.
To provide comfortable workstations and reduce fatigue among workers, official settings and various other commercial places are deploying anti-fatigue mats in their premises. Usage of anti-fatigue mats in combination with sit-stand desks provides a considerable amount of relief to employees who are using these desks for long durations.
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East Asia holds a major anti-fatigue mats market share, and is likely to maintain its position in the future as well. Rapid industrialization and the development of office spaces are key factors driving this regional market growth. The anti-fatigue mats markets in North America and Europe are likely to experience high growth in the future, due to increasing demand from commercial as well as residential buyers.
MEA is also likely to experience significant growth during the forecast period, owing to increasing awareness about the health problems caused due to prolonged standing at one place on a rough and hard surface. However, Oceania accounts for the smallest share in the global anti-fatigue mats market, and is likely to continue to remain the least attractive market for the consumption of anti-fatigue mats.
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The global anti-fatigue mats market is moderately fragmented in nature, with major players such as StarTech, M+A Mattings, Coba, and others accounting for over 15% market share. Companies are seeking to increase their sales through new product releases. In November 2018, U.S.-based SATECH, Inc. introduced smart cells with a trendy basket weaving surface - slim line anti-fatigue mats.
Several leading manufacturers of anti-fatigue mats are concentrating on developing regions, as most countries are still highly unexplored. In addition, advanced regions have already adopted large-scale automation and IOT, which may discourage market players' development in these regions.
As the COVID-19 pandemic intensifies, anti-fatigue mat producers face continued downward demand, output, and revenues. In addition, many are facing problems of cash-flow liquidity and difficulties in handling debt obligations. As per Fact.MR estimates, the global anti-fatigue mats market is likely to experience a decline in the sales during 2020 amid the COVID-19 pandemic. However, the market is likely to awaken for future investments and opportunities after recovery from this pandemic, and will follow a positive growth trend from 2021 onwards.
“Workplaces are now undergoing dramatic shifts, due to which, demand for anti-fatigue mats is increasing with rapidly changing manufacturing environments. Businesses around the world also recognize value of the increasing trend in ergonomics, and are investing in the infrastructure needed to do so.”
The anti-fatigue mats market report by Fact.MR offers forecast representation from 2020 to 2030. The report elaborates on the key drivers, restraints, opportunities and threats influencing the expansion of the anti-fatigue mats market. A detailed segmental analysis, based on material, surface compatibility, length, design, end user, sales channel, and region has been provided in the report. The report also covers a chapter on the COVID-19 impact analysis, to arm stakeholders with the necessary information.
Regional analysis in terms of supply chain analysis, business execution, and market value analysis provides an in-depth perspective about the future scope of the anti-fatigue mats market. In addition, a section providing detailed analysis of key market players and strategies has been added.
FactMR’s study has done the segmentation of the anti-fatigue mats market on the basis of material, surface compatibility, length, design, end user, and sales channel, across seven regions.
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Anti-Fatigue Mats Market Is Set To Provide An Absolute $ Opportunity Of US$ 190 thousand Over The Forecast Period By 2030
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