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Business

Global Anti-Fatigue Mats Market to Reach $3.6 Billion by the Year 2027

Residential segment gains 14.1 percent market share worldwide, with estimated 3.1 percent compound annual growth rate through 2027.

7/13/2020
Woman standing on anti-fatigue mat
The New Life anti-fatigue rug by Gel Pro illustrates the growing popularity of this category.

DUBLIN, Ireland -- Amid the COVID-19 crisis, the global market for Anti-fatigue Mats estimated at $2.6 billion in the year 2020, is projected to reach a revised size of $3.6 billion by 2027, growing at a compound annual growth rate (CAGR) of 4.8 percent over the analysis period 2020-2027.

In its new report entitled, Anti-fatigue Mats - Global Market Trajectory & Analytics, ResearchAndMarkets.com studies the market's main sectors: industrial, commercial and residential. The Industrial segment is projected to grow at a 5.1 percent CAGR to reach $2.1 billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the commercial segment is readjusted to a revised 4.8 percent CAGR for the next seven-year period. This segment currently accounts for a 28.6 percent share of the global anti-fatigue mats market.

The U. S. accounts for over 29.5 percent of global market size in 2020, while China is forecast to grow at a 4.5 percent CAGR for the period of 2020-2027.

The anti-fatigue mats market in the U. S. is estimated at $764.3 million in the year 2020. The country currently accounts for a 29.47 percent share in the global market. China, the world's second largest economy, is forecast to reach an estimated market size of $635.7 million in the year 2027 trailing a CAGR of 4.5 percent through 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4 percent and 4 percent respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.5 percent CAGR while the rest of European market (as defined in the study) will reach $635.7 million by the year 2027.



Apache Mills reports that 2.5 million households buy its kitchen comfort mats each year.


Residential Segment Corners a 14.1% Share in 2020

In the global residential segment, USA, Canada, Japan, China and Europe will drive the 3.1 percent CAGR estimated for this segment. These regional markets accounting for a combined market size of US$293.2 million in the year 2020 will reach a projected size of US$363.6 million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$400.5 million by the year 2027.The publisher brings years of research experience to this 6th edition of our report. The 129-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.



The Sky Mat Anti-Fatigue Comfort Mat, an Amazon top seller in the category.

Competitors identified in this market include, among others:
3M Company

Aleco
American Mat & Rubber Products
AmeriPride Services Inc.
Apache Mills
Cintas Corporation
Crown Matting Technologies
Guardian Floor Protection
M+A Matting
Milliken & Company
Mountville Mills, Inc.
Notrax
Ranco Industries
SATECH
Smart Step Flooring
UniFirst Corporation
Wearwell, LLC.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.

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