Ground protection mats are portable, anti-slip mats placed on uneven or soft ground surfaces to provide a stable, non-slip walking and working platform. They help distribute weight across a wide area reducing ground pressure and compaction. These mats are made from recycled rubber, recycled plastic or wood and come in interlocking tiles or rolls for easy transport and installation.
The global ground protection mats market is estimated to be valued at US$ 2.74 Bn in 2024 and is expected to exhibit a CAGR of 4.8% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the ground protection mats market are Checkers-Safety, FODS, Markskydd i Väst AB/Ground Protection Mats. se, Groundtrax Systems Limited, Lodax - CGK Group, Newpark Resources Inc., Quality Mat Co., Signature Systems, TuffTrak - Justrite Safety Group, TVH Parts Holding NV, Singhal Industries, EZG Manufacturing, Isokon d.o.o., TVH Parts Holding NV, HERMEQ, Beck Products Ltd, YASU, Sandhill Plastics, Inc., Kingfisher Direct Ltd, and Sherrilltree.
The growing demand from construction, oil & gas, events & tourism and mining industries is expected to propel the growth of the Global Ground Protection Mats Market Share over the forecast period. Rapid industrialization and infrastructure development in emerging economies will further boost the demand.
Global expansion into new geographical markets especially in Asia Pacific and Latin American regions by leading manufacturers is anticipated to provide new revenue generation opportunities. Countries with high off-road vehicle usage for agriculture, forestry and other applications also present untapped potential.
Market drivers
The key driver for the ground protection mats market is the growing need for worker safety in industries where personnel have to work or walk on uneven, rough or unstable terrain. Mats help create a safe, even surface reducing risks of slips, trips and falls. With rising focus on safety regulations and compliance, companies are increasingly adopting ground protection mats to minimize work-related injuries and comply with standards. This is expected to drive consistent demand over the forecast period.
The current geopolitical situation is impacting the growth of the ground protection mats market in several ways. The ongoing Russia-Ukraine conflict and sanctions on Russia have disrupted supply chains and increased raw material costs. Both Russia and Ukraine are major producers and exporters of metals like steel and aluminum that are used in manufacturing ground protection mats. The conflict has constrained supplies and driven up prices of these raw materials globally.
Most regions in Europe will witness slower growth in the ground protection mats market due to the economic fallout of the war. Countries closely involved in the conflict like Ukraine, Russia, and neighboring Eastern European states will see a major drop in demand for ground protection mats from key industries in the short to medium term. However, Western European nations may experience relatively better growth depending on how quickly they can find alternative material suppliers and rebuild trade relations.
The North American region currently holds the largest share of the global ground protection mats market in terms of value. This is because the region has a well-established construction, event management, and military sectors that extensively use ground protection mats. Additionally, growth is also supported by guidelines mandating the use of such mats at work sites and recreational areas. However, rising prices and supply issues may pose challenges to business growth over the coming years.
The Asia Pacific region provides lucrative opportunities and is predicted to be the fastest growing market for ground protection mats. Countries like China, India, and Southeast Asian nations are undergoing rapid industrialization and infrastructure development. This is increasing the demand for ground protection mats from various end-use industries. Additionally, growing focus on worker safety and environment protection regulations will further aid the adoption of such mats across both public and private sectors. Abundant raw material availability and a large production base also makes Asia Pacific an attractive production hub for mat manufacturers.
The Latin American ground protection mats market will experience moderate growth rates, supported by ongoing investment in oil & gas exploration projects, mining activities, events business, and real estate construction in key economies like Brazil, Mexico, Argentina, and Colombia. Initiatives to develop domestic manufacturing may also contribute to regional market expansion. African countries are projected to provide steady demand, driven primarily by infrastructure development projects and use of mats in the utilities and telecom industries as those sectors expand connectivity across nations.
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Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc.
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