PUBLISHER: KBV Research | PRODUCT CODE: 1207394
PUBLISHER: KBV Research | PRODUCT CODE: 1207394
The Latin America, Middle East and Africa Ground Protection Mats Market would witness market growth of 8.04% CAGR during the forecast period (2022-2028).
Ground protection mats can also be used in places of gatherings like concerts, stadiums, athletic events, weddings, or any other outdoor event. Along with facilitating the movement of machinery, these mats are also useful in keeping personnel and visitors dry and clean. Additionally, chairs, staging, lighting equipment, and scaffolding can all be set up on the solid surfaces made by these mats.
Some uncommon, albeit increasing, uses of ground protection mats include their use in large-scale land clearing and landscaping projects in addition to their use in general land protection. The usage of these mats in such projects facilitates the sensitive environments access for conservation or research projects. It also enables the protection of delicate soil conditions or ecosystems. Additionally, other activities or places that are increasing the use of ground protection mats include utility companies and camping activities.
These mats enable stable platform formation for sitting areas and tents in camping activities. Furthermore, other structures like portable toilets and barbeques can also be built on these mats. Therefore, the versatility of these mats' usage in construction, demolition, and outdoor activities, along with their use as temporary roadways, walkways, and parking spaces, propel their demand immensely, which is significant for the growth of the market.
The tourism sector in the region has been growing immensely over the past few years. This has accelerated the construction of resorts, hotels, cafes, restaurants, etc. for example, after the pandemic, the tourism sector of Ghana has been steadily emerging. Moreover, Saudi Arabia is recognized as having one of the fastest-increasing construction industries owing to the nation's large market, long-term development strategies, and enormous wealth. Therefore, the immense growth of the construction industry, including the demolition and renovation projects, is propelling the expansion of the ground protection mats market.
The Brazil market dominated the LAMEA Ground Protection Mats Market by Country in 2021; thereby, achieving a market value of $11.3 million by 2028. The Argentina market is showcasing a CAGR of 8.6% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 7.7% during (2022 - 2028).
Based on Connection, the market is segmented into Linked and Locked. Based on Distribution Channel, the market is segmented into Specialty Stores, Retailers, Online Retail, Hypermarkets & Supermarkets, and Others. Based on Application, the market is segmented into Industrial, Commercial, Corporate, Residential, and Others. Based on Load Type, the market is segmented into Extreme Load, Heavy Load, and Medium Load. Based on Thickness, the market is segmented into 20 mm, 10 mm, 15 mm, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Newpark Resources, Inc., Quality Mat Company, Signature Systems Group, LLC (Center Rock Capital Partners, LP), CGK-GROUP BVBA (Lodax), Groundtrax Systems Ltd, Greatmats.com Corporation, Grassmats USA LLC, LuxTek GmbH, ProtectaMat and NoTrax (Justrite Manufacturing Company, LLC) (Audax Management Company, LLC)
Market Segments covered in the Report:
By Connection
By Distribution Channel
By Application
By Load Type
By Thickness
By Country
Companies Profiled
Unique Offerings from KBV Research
List of Figures