Anti-Fatigue Mats Market Intense Competition but High Growth & Extreme Valuation


Rockville Pike, MD -- (SBWIRE) -- 09/20/2019 -- According to a recent Fact.MR study, ~3 million units of anti-fatigue mats were sold in 2018, and sales are envisaged to grow 1.3X during 2019 to 2029. The industrial settings are highly likely to account for a significant market share in 2019 but will possibly lose their market position later, to commercial as well as the residential user base, as per the report findings.

Growing adoption of the active office culture in various countries has driven the applications of the anti-fatigue mats in commercial settings, which is highly likely to emerge as a lucrative sector to tap in the years to come. As the health and wellness trend continues to shape consumer lifestyle- both professional and personal, demand for safer and convenience-driven infrastructure is picking pace. Innovation-led product diversification will remain the key growth determinant for stakeholders that are targeting a wider pool of customers.

Extensive applications of anti-fatigue mats made of various materials, such as foam rubber, hard rubber, and gel have been fueling the growth of the market. As per the study, traction for hard rubber based variants has been creating highest revenues for the market, and is likely to account for more than half of the market volume share in 2019. The anti-fatigue mats composed of hard rubber has been appeal customers with the pricing advantage it offers over counterparts.

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However, the lucrativeness of gel based variants is anticipated to grow for residential as well as commercial and industrial applications, as they are easy to clean and maintain. Moreover, gel based anti-fatigue mats are also likely to emerge as a viable option to suffice growing aesthetic prerequisites for the residential applications

The Fact.MR study indicates that sales of anti-fatigue mats rely significantly on their surface compatibility. Sales of anti-fatigue mats with high compatibility for dry surface reached 1.3 thousand units in 2018, and are likely to grow at a steady pace in the forthcoming years. Extensive applications for standard, and more than 60 feet long anti-fatigue mats particularly in industrial settings will substantially drive the growth prospects for the manufacturers.

Lack of awareness and limited regulations mandating ergonomic infrastructure and workplace safety products, such as anti-fatigue mats continue to impede the growth opportunities of stakeholders. The study indicates that favorable regulations in developed regions have helped the anti-fatigue mats market reach a matured state, however, the struggle of stakeholders remains intact in the developing regions, especially in Oceania.

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