Cow Mat Market Report Overview
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The global cow mat market size was valued USD 526.04 million in 2021 the market is expected to reach USD 646.98 million in 2028, exhibiting with a growing Compound annual growth rate (CAGR) of 3.51% during the forecast period. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Cow Mats, also recognized as buffalo mats, are intended to help dairy farmers maximize their daily milk production. However, one of the most important reasons for using rubber cow mats is to keep your livestock healthy. Cow mats provide a convenient flooring surface for both walking and laying. They also help shield the herd from the weather and firmness of the bare soil, as well as relieve and protect their joints and foot muscles. Mats increase milk production by improving dairy cow life quality. Cow mats provide significant advantages to the cow. Furthermore, they increase the supply of milk while decreasing the farmer's maintenance costs. In conclusion, they're fantastic. Mats provide significant advantages to the cow. Furthermore, they increase the supply of milk while decreasing the farmer's cost of maintenance. In conclusion, they are excellent securities that will be effortlessly be repaid throughout the year.
COVID-19 Impact: Interruption in Supply Chains to Decline Market Share
The eruption of coronavirus illness (COVID-19) did act as a humongous restriction mostly on cow mat market in 2020, as supply chains have been interrupted because of international limitations and utilization has declined due to global government lockdowns. COVID-19 is an extremely contagious disease characterized by flu-like symptoms such as fever, coughing, and difficulty breathing. The virus was discovered in Wuhan, and has since spread throughout the world, which include West Europe, Asia, North America. Covid-19 has had a significant impact on a number of industries, one of which is was this market. A shutdown, boundary shutdown, lockdowns, followed by other forms of suppression have only exacerbated the situation. To cope with this pandemic scenario, all travel and outdoor activities were suspended. Because of health and safety concerns, all of the individuals were staying at home, which has a negative impact on the mat market and on every other market related to poultry farming.
Latest Trends
"Pasture Mat to Intensify Market Magnification "
Pasture mat represents a distinct design that makes use of multiple cells. Its cells are packed with rubber crumb of uniform size. A tough top covering protects the pasture mat.
There are top 3 covers available: the CS Wax Coated top coat (fabric-based and wax-impregnated for breathability), the VRC cover or coat (vulcanized rubber coating), and the Heifer cover. Each pasture mat component is the consequence of observation and research on various farms around the world. Each pasture mat is made with care and integrity, ensuring superior performance. The growing preference of the utilization of pasture mat will boost the cow mat market growth outlook during the predicted timeframe.
Cow Mat Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into rubber mat, pasture mat
Rubber mat is the leading part of the type segment
- By Application Analysis
According to application, the market can be segmented into large farm, small farm
Large farm is the leading part of the application segment
Driving Factors
"Growing Requirement by the Poultry Farms to Boost Market Share "
The requirement for the rubber mats is growing by all the poultry farms. Rubber has a wide range of beneficial properties. Mats are popular for reasons other than their usefulness. Its popularity among investors has grown significantly in recent years. Bedding for dairy cattle is manufactured for both cows and horses. Rubber horse beds or mats are indeed crucial for the maintenance of the horse's legs. As a result, it has to be used. There are numerous bedding options available for dairy cows. In addition, the rubber material also acts as a noise-cancelling material. Hence, in the coming years the cow mat market share will be benefited.
"Cost Effectiveness of Pasture Mat to Aid Market Forwarding "
The pasture mat framework is simple and quick to install. Pasture mat can indeed be implanted directly on top of the existing concrete floors, which saves you time and money. Because of the patented design, less bedding material is required. According to studies, pasture mat is just the replacement of 3 or even more inches of matting. As a result, the minimal percentage of bedding utilized can be a proper sanitary component rather than a comfort component. Pasture mat retains its original shape, making it simple to clean and maintain. Pasture mat soaks up the shock of repeated impacts and eradicates the injury risk. It is powerful, sturdy, and easy to maintain.
Restraining Factors
"Unawareness Factor to Deplete Market Advancement "
Many of the small farmers or poultry owners still are unaware of the mat. Also, who are not financially stable and have a very minimal daily earning rate cannot afford to purchase the mat for the protection of their animals. Hence, the low awareness rate will cause a hindrance in the mat market expansion during the estimated timeframe.
Cow Mat Market Regional Insights
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"Widespread Usage of the Mat to Foster Market Growth in Asia Pacific and North America "
The cow mat market in the Asia Pacific region is being driven by the increased need for mat as a result of an increase in the agricultural activities. India is one of the world's harshest regions, and high temperatures can have serious consequences for cows. Hot temperatures cause excessive anxiety and pain, which is among the primary causes of milk production reduction. Annually, 8.4 million farmers rely on the dairy sector for a living, with women accounting for 71% of the total (ASCI). However, by implementing appropriate technology and constructing procurement infrastructure, India has ushered in a new period of advancement for the dairy sector. Mats come in handy during high temperatures, which create an easy atmosphere for the cows.
Growing trend of drinking cow milk for good body working in North American region will likely result into the demand and requirement for the mat by the poultry farmers staying or residing in the region. Furthermore, the expansion in poultry farms by the governing bodies will aid in the popularity of the cow mat market.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
The analyst provides a comprehensive picture of the market through the study, synthesis, and summarization of data from various sources, as well as an examination of important variables such as financial gain, sales prices, competition, and promotions. It identifies the key industry influencers and presents various market facets. The information provided is thorough, reliable, and the result of extensive primary and secondary research. The market report provides a comprehensive competitive landscape as well as an in-depth vendor evaluation methodology and analysis based on both qualitative and quantitative studies to accurately forecast market growth.
The reports cover important advances with in market, as well as inorganic and organic growth strategies. Various companies are concentrating on organic business expansion such as product announcements, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth strategies observed in the market. The above activities have paved the way for market participants to expand their business and customer base. With the growing demands for filter products in the international market, market participants in the market are expected to benefit from substantial growth opportunities in the near future.
List of Market Players Profiled
- T. J. P. Rubber Industries (India)
- JINGDONG RUBBER (China)
- Bharat Mat Company (India)
- KRAIBURG (Germany)
- Promat (Australia)
- Swastik Enterprises (India)
- Shree Tirupati Rubber Products (India)
- Glenrock Rubber Products Pvt Ltd (India)
- Loyal Roth Manufacturing (U.S.)
- Duratuf Products Pvt. Ltd. (India)
- Kapoor Oil Mills (India)
- Qingdao Guangneng Rubber (China)
Report Coverage
The industry's growth was significantly influenced by the tactics employed by market participants in recent years, such as extensions. The report provides details and information on the companies and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other criteria considered for this market are the firms that develop and provide new products, the areas in which they operate, mechanisation, innovative techniques, making the most money, and using their products to have a large social impact. This analysis examines the global and regional effects of the outbreak mostly on the market. The study describes the market share features, and market growth by type, industry, and customer sector.
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In | US$ 526.04 Million in 2021 |
Market Size Value By | US$ 646.98 Million by 2028 |
Growth Rate | CAGR of 3.51% from 2021 to 2028 |
Forecast Period | 2022-2028 |
Base Year | 2021 |
Historical Data Available | Yes |
Segments Covered | Types & Application |
Regional Scope | Global |
Frequently Asked Questions
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What value is the global cow mat expected to touch by 2028?
The global cow mat market is expected to touch 646.98 million by 2028.
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What CAGR is cow mat expected to exhibit during 2022-2028?
The cow mat market is expected to exhibit a CAGR of 3.51% over 2022-2028.
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Which are the driving factors of the cow mat market?
Growing requirement by the poultry farms and cost effectiveness of pasture mat to drive the cow mat market.
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Which are the top companies operating in the cow mat market?
T. J. P. Rubber Industries, JINGDONG RUBBER, Bharat Mat Company, KRAIBURG, Promat are the top companies operating in the cow mat market.