Toll Free: 1-888-928-9744
Toll Free: 1-888-928-9744
Published: Jul, 2019 | Pages:
80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)
The global entrance matting market size is expected to reach USD 7.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.1% over the forecast period. Growing popularity of new and innovative flooring solutions such as marble, wooden, laminate, and parquet flooring has boosted the utilization of the floor mats to protect them from scratches and damages, thereby fueling the market growth. Moreover, continuous expansion of the commercial sector such as hospitality, hospitals, fitness centers, institutions, and shopping malls is expected to ramp up the market penetration in the next few years. Home furnishing is a trending activity among the consumers, wherein door entrance mats are gaining significant traction. Consumers are preferring layered mattings for better functionality and pleasing appeal. Growing popularity of walk-off entrance mats in the residential and commercial sectors has been driving the global market in the recent years. The residential end user segment accounted for the largest share of more than 55.0% in 2018. Increasing disposable income, coupled with various government policies related to real estate, has resulted in an increase in the rate of home ownership, which, in turn, supports the growth of the global entrance matting market. With improving lifestyles, entrance door mattings have turned out to be one of the essential elements of home decor among the consumers. Wiper and scraper door mats are the most preferred type in the residential sector due to presence of prongs or other teeth-like structures that remove debris from the shoes. The commercial/non-residential segment is expected to witness significant growth owing to increasing hospitality, hospital, corporate, recreational venues, and institutional projects. By the end of the first quarter of 2016, about 4,471 hospitality projects were under construction in U.S. According to the latest United States Construction Pipeline Trends Report, Lodging Econometrics estimated that hotel development by upscale chains represented about 1,384 projects of the total domestically. These ongoing construction projects are expected to drive the application of entrance mattings, thereby contributing to the growth of the global market. Asia Pacific is expected to witness significant growth during the forecast period owing to increasing number of commercial constructions in countries such as India, China, and Indonesia. Asia Pacific hotel pipeline is expected to witness about 2,204 projects by 2023, which is one of the key factors driving the market demand. Some of the major players operating in the global market are 3M Company, Advance Flooring Systems, Axis House Ltd., Birrus Matting Systems, Forbo Holding AG, Millikan & Company, Superior Manufacturing Group, Cintas Corporation, Eagle Mat & Floor Products, and Bergo Flooring AB. The companies operating in this industry focus mainly on expanding the product offerings and increasing their sales strategies to gain and maintain their share in the global market. Further key findings from the report suggest: • The global market is expected to expand at a CAGR of 5.1% from 2019 to 2025, thereby reaching a value of USD 7.2 billion by 2025 • North America held the largest share of 30.8% in 2018. The market is majorly driven by high demand in U.S. • By end user, the commercial/non-residential segment is expected to at a CAGR of 5.4% from 2019 to 2025 due to increasing hospitality, hospital, corporate, recreational venues, and institutional projects.
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Entrance Matting Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Entrance Matting Market
3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. Entrance Matting Market: End User Estimates & Trend Analysis
5.1. End User Movement Analysis & Market Share, 2018 & 2025
5.2. Residential
5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.3. Non-Residential/Commercial
5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Entrance Matting Market: Regional Estimates & Trend Analysis
6.1. Regional Movement Analysis & Market Share, 2018 & 2025
6.2. North America
6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.2.2. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
6.2.3. U.S.
6.2.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.2.3.2. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
6.3. Europe
6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.3.2. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
6.3.3. France
6.3.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.3.3.2. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
6.3.4. Germany
6.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.3.4.2. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
6.4. Asia Pacific
6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.4.2. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
6.4.3. China
6.4.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.4.3.2. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
6.4.4. India
6.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.4.4.2. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
6.5. Central & South America
6.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.5.2. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
6.6. Middle East & Africa (MEA)
6.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.6.2. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
Chapter 7. Competitive Analysis
7.1. Key global players, recent developments & their impact on the industry
7.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
7.3. Vendor Landscape
7.3.1. Key company market share analysis, 2018
Chapter 8. Company Profiles
8.1. 3M Company
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. Advance Flooring Systems
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. Axis House Ltd.
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. Birrus Matting Systems
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Forbo Holding AG
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. Superior Manufacturing Group
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Bergo Flooring AB
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Millikan & Company
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. Eagle Mat & Floor Products
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
List of Tables 1. Entrance Matting - Key market driver analysis 2. Entrance Matting - Key market restraint analysis 3. Global Entrance Matting market estimates and forecast for Residential, 2015 - 2025 (USD Million) 4. Global Entrance Matting market estimates and forecast for Non-Residential/Commercial, 2015 - 2025 (USD Million) 5. North America Entrance Matting market estimates and forecast, 2015 - 2025 (USD Million) 6. North America Entrance Matting market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 7. U.S. Entrance Matting market estimates and forecast, 2015 - 2025 (USD Million) 8. U.S. Entrance Matting market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 9. Europe Entrance Matting market estimates and forecast, 2015 - 2025 (USD Million) 10. Europe Entrance Matting market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 11. France Entrance Matting market estimates and forecast, 2015 - 2025 (USD Million) 12. France Entrance Matting market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 13. Germany Entrance Matting market estimates and forecast, 2015 - 2025 (USD Million) 14. Germany Entrance Matting market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 15. APAC Entrance Matting market estimates and forecast, 2015 - 2025 (USD Million) 16. APAC Entrance Matting market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 17. India Entrance Matting market estimates and forecast, 2015 - 2025 (USD Million) 18. India Entrance Matting market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 19. China Entrance Matting market estimates and forecast, 2015 - 2025 (USD Million) 20. China Entrance Matting market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 21. CSA Entrance Matting market estimates and forecast, 2015 - 2025 (USD Million) 22. CSA Entrance Matting market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 23. MEA Entrance Matting market estimates and forecast, 2015 - 2025 (USD Million) 24. MEA Entrance Matting market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 25. Vendor landscape
List of Figures 1. Entrance Matting market snapshot 2. Entrance Matting market segmentation & scope 3. Entrance Matting market penetration & growth prospect mapping 4. Entrance Matting value chain analysis 5. Entrance Matting market dynamics 6. Entrance Matting market Porter's analysis 7. Entrance Matting market: End User movement analysis 8. Entrance Matting market: Regional movement analysis
Speak to the report author to design an exclusive study to serve your research needs.
Your personal and confidential information is safe and secure.
