Floor Pad Market Report featuring Dominant Vendors including 3M Co.,
NEW YORK, Sept. 6, 2021 /PRNewswire/ — Technavio’s latest offering, the Floor Pad Market report provides a detailed analysis on the competitive scenario, the pre- and post-COVID-19 impact on businesses, and the market growth across various regions.
The floor pad market value is anticipated to grow by USD 71.33 million during 2021-2025. However, the growth momentum is expected to decelerate at a CAGR of almost 6% during the forecast period.
Market Dynamics
Factors such as the growing industrial floor cleaning market and growing constructions in the non-residential sector will drive the growth of Floor Pad Market during 2021-2025. However, the availability of low-cost labor in developing countries might hamper market growth.
The growth of the janitorial industry is expected to open multiple growth opportunities for players in the market. But the stringent governmental regulations might impact the business of vendors during the forecast period.
Company Profiles
The floor pad market report includes information on the product launches, sustainability, and prospects of leading vendors including 3M Co., AB Electrolux, Americo Manufacturing Co. Inc., Carborundum Universal Ltd., Compagnie de Saint-Gobain SA, Corazzi Fibre Srl, ETC of Henderson Inc., Fibratesco Srl, Humane Manufacturing Co. LLC, and Medline Industries Inc.
Competitive Analysis
The competitive scenario provided in the floor pad market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.
Market Segmentation
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By End-user, the market is classified into manufacturing, warehouse and logistics, healthcare, hospitality, and others. The market demand from the manufacturing sector will be significant during the forecast period.
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By Geography, the market is analyzed across North America, Europe, APAC, South America, and MEA. North America will have the largest share of the market.
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Key Topics Covered:
Executive Summary
Market Landscape
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Market ecosystem
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Value…
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