Industrial Hemp one of the Cannabis sativa species is used across the globe for manufacturing various commercial and industrial goods. Due to its versatility of being used across multitude of products and various health benefits, there’s been a significant increase in demand, thereby, catapulting hemp processing equipment market at a faster rate to meet the market requirements. Furthermore, h...
The new report on the Foam Flooring Products Market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2014 – 2018. The study provides projections of the opportunities and shares, both vis-à-vis value (US$Mn/Bn) and volume volume (n units), of various segments in the Foam Flooring Products Market during the forecast period of 2018 – 2027. The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of the Foam Flooring Products Market.
To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions. The key regions comprise the following geographical segments:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas. Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets. Shares of major regional markets are also presented in the analysis.
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Changing Fitness Flooring Trends to Create Demand for Foam Flooring Products
Attributing to the increasing awareness about health among consumers, health and fitness industry has envisaged excellent growth over the past few years. An American non-profit organization conducted a survey in 2016, which stated that over 200,000 fitness centers provided fitness services to more than 160 million consumers across the globe. In the U.S., the number of health club members is likely to surpass 70 million in 2018, which reflects a growth of more than 30% in the past decade. With the growing number of fitness enthusiasts, health club businesses are following the latest trends in the fitness industry to attract more consumers. Using foam flooring in health clubs and gymnasiums is one of the most popular flooring options available in the market as it has been a huge hit in the fitness industry. It is the primary driving force that is triggering the growth of the foam flooring products market.
Fitness coaches and health club owners are shifting to foam flooring products in order to leverage a huge number of benefits they offer in various fitness applications. Foam flooring products such as interlock tiles and yoga mats are among the most extensively used products in fitness applications. As consumers and fitness professionals prefer the comfort and excellent shock absorbing properties that foam flooring provides throughout their exercise routine. In addition, foam flooring mats are cost-effective and easy to clean, which makes them the most preferred choice among fitness enthusiasts. Not just in commercial health clubs, but consumers are using foam flooring products in home gyms as well. Increasing number of commercial health clubs, health club members, and consumers following home workout regimes is complementing the growth of the foam flooring products market.
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The global Foam Flooring Products Market report answers numerous pertinent questions, some of which are:
- What are some of the latent areas of investments in the Foam Flooring Products Market?
- Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
- What trends are likely to change the status quo of the positions held by leading players of the Foam Flooring Products Market in the not-so-distant future?
- Which product/service/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the Foam Flooring Products Market?
- What are the strategies adopted by top players to retain their stronghold in the Foam Flooring Products Market?
- Which strategic moves will new entrants adopt to gain a strong foothold in the Foam Flooring Products Market?
How can Fact.MR Make Difference?
- In-depth understanding of key industry trends shaping the present growth dynamics
- Offers value chain analysis and price trend analysis of various offering of competitors
- Offers data-drive decision to help companies decide strategies that need recalibration
- Offers insights into areas in research and development that should attract
- Identifies data outliers before your competitors
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