Report Code: A14108 | Pages: 250 | Dec 2022 | 1411 Views | ||
Author(s) : Jaya Bundele , Roshan Deshmukh | Tables: 208 | Charts: 71 |
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According to the top-level CXOs, innovation is the key to the success of the ground protection mats market. The increasing demand for ground protection mats by different sectors has prompted producers to develop ground protection mats of various sizes for different requirements by different sectors. This would help to reduce the cost of the ground protection mats for residential users and will encourage them to go for the product.
According to the CXOs, the construction sector has been the largest buyer of ground protection mats in past years. It is expected that with the increased construction of residential and commercial properties in the coming years, the construction sector will continue to be the largest buyer of ground protection mats. The manufacturers will aim to develop the production process and try to reduce the cost of the raw material used, which will help to reduce the overall cost of the product. While linked mats are the most common mats and it is expected that the companies may introduce new linking mechanisms in their product, which may provide more ease in handling the product.
Ground protection mats have seen widespread popularity in emerging countries such as India, owing to the rise of construction activities, the building of roadways, and the growth of the industrial sector. Furthermore, the increased penetration of various online portals globally, and the growth in various offers or discounts by manufacturers entice a huge customer base to acquire ground safety products through online retail. The online distribution channel has expanded customer reach, making it a critical source of revenue for many businesses.
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