Rapid Urbanization and Supportive Government Policies and Plans are Expected to Boost Growth of Foam Flooring Market 2027

Growing construction activities along with rapid urbanization and supportive government policies and plans are expected to boost growth of foam flooring products market in Asia Pacific. Continued focus of manufacturers to provide versatile flooring solutions by offering durability with various design options will possibly open new avenues for growth of the foam flooring products market. In addition, rising number of millennial demographic in health and fitness industry which offers personalized training and unique fitness experiences may enhance the growth prospects of foam flooring products.

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Contents enclosed in the keyword market research:

Precise Year-on-Year growth of the global keyword market.
Comprehensive breakdown of the keyword market into various segments to discuss the revenue, and growth prospects in these segments.
Scrutinization of the competitive landscape into product and regional footprint, acquisitions, and agreements with SWOT analysis.
Detailed explanation of the trends influencing the growth of the global keyword market.
In-depth investigation on the consumption pattern of the keyword across various industries.
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.

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Benefits of Foam Flooring Over Rubber Flooring to Generate Opportunities for Manufacturers

Owing to its excellent durability and ability to withstand heavy weights, rubber flooring products are one of the popular choices among health club businesses and are used extensively in commercial settings. Although, because virgin rubber is expensive, rubber flooring products cost much more than foam flooring products. Consumers are preferring cost-effective and easy-to-maintain foam flooring products over expensive and thermally unstable rubber flooring products, which is influencing manufacturing strategies of market players in the flooring industry. Also, foam flooring products are used in a wide range of applications such as kids’ playground areas and other industrial applications, which is further complementing the growth of the foam flooring products market.

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Owing to the increasing demand for foam flooring products, market players are making use of innovative raw materials to improve physical properties of these products. Market players are also investing in R&D to improve the durability of foam flooring products as well as to make them susceptible to punctures and scratches. For an instance, leading manufacturers in the foam flooring products market are using Ethylene Vinyl Acetate (EVA) foam to produce softer yet durable products. In addition, EVA foam is BPA-free and non-toxic, which makes it safe for the use in children’s playroom applications. As EVA foam can absorb noise, this gives it unique properties and ultimately, foam flooring products made of EVA foam can find numerous unique applications across various industrial sectors.

The keyword market research answers important questions, including the following:

How does the global keyword market look like by the end of 2029?
Why the demand for the keyword highest in region?
What manufacturing techniques are involved in the production of the keyword?
What are the new products launched by keyword market players?
In which year region will surpass region in terms of value?

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