ACCESS Newswire
14 Oct 2020, 18:43 GMT+10
Key anti-fatigue mats market players are focusing on increasing their sales through product improvements and new product launches.
ROCKVILLE, MD / ACCESSWIRE / October 14, 2020 / The anti-fatigue mats market is anticipated to generate a market valuation of about US$ 190 thousand (Th) towards 2030 end. The market is slated to grow at a CAGR of 4% over the assessment period (2020-2030). The COVID-19 pandemic has impelled the shutdown of manufacturing plants worldwide, which has sternly affected the demand and supply for anti-fatigue mats in the 1st and 2nd quarter of 2020.
'Workplaces are experiencing dramatic shifts, owing to which, anti-fatigue mats demand is growing with swiftly changing production environments. Businesses worldwide also distinguish the value of the growing trend in ergonomics, and are putting resources in the infrastructure necessitated to do so.' says the Fact.MR report.
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Key Takeaways
Driving Factors
Constraints
Anticipated Market Impact by COVID-19 Outbreak
The anti-fatigue mats market players continue to see downward demand, revenues, and output, as a result of the COVID-19 pandemic. Additionally, several players are encountering problems of cash-flow liquidity and difficulties in dealing with debt obligations. However, while the global market is experiencing a decline in sales in 2020, the market will follow a positive growth trend from 2021 onwards.
Explore the Anti-fatigue mats market comprising of 176 figures and 112 data tables, along with the table of contents. You can find a detailed market segmentation on https://www.factmr.com/report/3487/anti-fatigue-mats-market
Competition Landscape
The anti-fatigue mats market is fairly fragmented, with prominent companies such as M+A Mattings, StarTech, and Coba, holding more than 15% of the overall market share. Companies are focusing on increasing their sales via new product releases.
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About Fact.MR
Fact.MR is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. Fact.MR is headquartered in Dublin, and has offices in Dubai. FACT.MR's latest market research reports industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
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PR- https://www.factmr.com/media-release/1645/anti-fatigue-mats-market-trends
SOURCE: FactMR
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