Rubber Flooring Market is expected to be valued at $5.7 billion by 2031

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  • Strong trend of people exercising amid COVID-19 pandemic propels rubber fitness flooring market

  • Improved understanding of health in North America creates profitable prospects in the regional market

WILMINGTON, Del., July 14, 2022 /PRNewswire/ — According to the rubber fitness flooring market statistics from Transparency Market Research (TMR), the global market is expected to register growth at a CAGR of 6.3% during the forecast period of 2022. to 2031. The study also provides reliable sales forecast for the rubber fitness flooring market.

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In TMR’s report, analysts offer a comprehensive analysis of growth opportunities, challenges, trends, and R&D in the Rubber Fitness Flooring market. Additionally, this study sheds light on the opportunities for the expansion of the Rubber Fitness Flooring market across different regions. Apart from that, the report provides access to growth frontier analysis of the Rubber Fitness Flooring market.

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The major players are focusing on the development of next-generation products to meet the growing demands of the market. Additionally, manufacturers are also focusing on advancing rubber flooring designs to reduce rubber waste. Such initiatives are contributing to the growth of the market. Additionally, the growing focus of major players on diversifying their product portfolios is expected to fuel the growth of the global fitness rubber flooring market.

The rubber fitness flooring market in North America is expected to grow at a CAGR of 6.2% over the forecast period. Additionally, the United States is estimated to maintain its dominant position in the region and grow at a CAGR of 6.2% during the forecast period. The growth of the market in North America is attributed to a better understanding among the regional population of the importance of a healthy lifestyle.

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Rubber Flooring Market: Key Findings

  • Due to the increase in industrialization in many developing and developed countries across the world, the disposable income of people in these countries is improving in recent years. As a result, this population pool increases spending on different leisure activities including tourism, entertainment and fitness. This factor, in turn, is expected to drive the sales growth in the global rubber fitness flooring market during the forecast period.

  • Government authorities in many countries, as well as fitness and sports associations around the world, are taking initiatives to promote the adoption of healthy lifestyles. Additionally, they encourage people to do different types of exercises such as yoga at a self-regulated pace. That aside, there has been an increase in understanding among people of the importance of physical fitness amid the recent COVID-19 pandemic. These factors fuel demand opportunities in the market. The global rubber fitness flooring market size is expected to reach a valuation of $5.7 billion by 2031.

  • Green rubber fitness flooring is gaining popularity due to its increasing adoption by healthcare facilities around the world. Some of the key factors driving green rubber fitness flooring products include the absence of plasticizers (phthalates), halogens (chlorine) or PVC in these products. These trends are contributing to the overall growth of the fitness rubber flooring market.

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Fitness Rubber Flooring Market: Growth Boosters

  • Rising number of gymnasiums, sports and fitness clubs, as well as athletic venues globally is driving the growth of rubber flooring for fitness market

  • A better understanding of health and fitness among the populations of the world translates into business opportunities in the market

Rubber Fitness Flooring Market: Key Players

Some of the key players profiled in the report are:

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Segmentation of the rubber flooring market

Type

  • Rubber floor tiles

  • High density rolls

  • rubber flooring

  • Others

Activity

  • Racetrack

  • Gym

  • Dance

  • Aerobic studio

  • Others

End use

Regions covered

  • North America

  • Latin America

  • Europe

  • Asia Pacific

  • Middle East & Africa

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About Transparency Market Research

Transparency Market Research, a global market research firm registered in Wilmington, Delaware, United States, provides personalized research and consulting services. The company examines the factors that shape demand dynamics in various markets. Market insights and insights assess opportunities in various segments. Opportunities in segments based on source, application, demographics, sales channel, and end-use are analyzed which will determine market growth over the next decade.

Our proprietary blend of quantitative forecasting and trend analysis delivers forward-looking insights to thousands of decision makers, made possible by experienced teams of analysts, researchers and consultants. Proprietary data sources and the various tools and techniques we use always reflect the latest trends and information. With a broad research and analytical capability, Transparency Market Research uses rigorous primary and secondary research techniques in all of its trade reports.

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