According to a new report by AMR., the global entrance matting market size is expected to reach USD xx billion by 2030, registering a CAGR of 4.3%. The market is driven by increasing demand for entrance matting in commercial and residential buildings to reduce slips, trips, and falls.
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Entrance matting is used to clean and remove dirt, moisture, and other pollutants from the bottom of shoes and wheeled carts. It is available in various types, including rubber, vinyl, and carpet. Vinyl is the most popular material used in entrance matting, owing to its aesthetically pleasing appearance, low cost, and ease of maintenance.
The entrance matting market has been experiencing considerable growth due to increasing demand from the commercial sector. The market is segmented on the basis of material, application, distribution channel, and region. On the basis of material, the market is divided into rubber, vinyl, carpet, and others. Rubber matting is the most widely used material in entrance matting, owing to its excellent durability, slip resistance, and low-maintenance features.
Based on application, the market is divided into commercial and residential. The commercial segment accounted for the largest share in 2018, owing to increasing demand for entrance matting in corporate and office buildings. These mats are available in various attractive designs and colors, which help enhance the aesthetic appeal of the entrance.
In terms of distribution channel, the market is divided into online, offline, and OEMs. The offline distribution channel accounted for the largest share in 2018 and is expected to continue to dominate the market during the forecast period. This is attributed to the presence of a large number of offline stores across the world.
Region wise, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the leading market, owing to the presence of major entrance matting manufacturers in the region. Asia Pacific is expected to be the fastest growing market, due to increasing demand from the commercial sector.
Key players operating in the market include 3M Company, Mohawk Group, Milliken & Company, Forbo Flooring Systems, Shaw Industries Group, Inc., Interface, Inc., Royal Entrance Systems, Inc., and Centiva. These companies are focused on launching innovative products to attract more customers and expand their customer base. For instance, in August 2019, Mohawk Group launched the new Mohawk Matting, which is made from recycled rubber.
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The entrance matting market is highly competitive and is expected to witness considerable competition during the forecast period. Companies are focusing on launching innovative products and expanding their presence in different regions to gain a competitive edge in the market.