UK's Vulcanised Rubber Floor Coverings and Mats Market Expected to Grow by +0.9% in Volume and +2.1% in Value by 2035 - News and Statistics - IndexBox

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

IndexBox has just published a new report: United Kingdom - Floor Coverings And Mats Of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights.

The UK market for vulcanised rubber floor coverings and mats is expected to experience a positive trend in consumption over the next decade. The market is forecasted to grow with a CAGR of +0.9% in volume and +2.1% in value from 2024 to 2035, reaching 50K tons and $143M respectively by the end of 2035.

Driven by increasing demand for floor coverings and mats of vulcanised rubber in the UK, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.9% for the period from 2024 to 2035, which is projected to bring the market volume to 50K tons by the end of 2035.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.1% for the period from 2024 to 2035, which is projected to bring the market value to $143M (in nominal wholesale prices) by the end of 2035.

In 2024, approx. 45K tons of floor coverings and mats of vulcanised rubber were consumed in the UK; jumping by 17% against the year before. The total consumption volume increased at an average annual rate of +3.4% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, consumption attained the peak volume at 46K tons in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

The value of the vulcanised rubber mats market in the UK expanded remarkably to $114M in 2024, increasing by 11% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.0% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $115M. From 2020 to 2024, the growth of the market failed to regain momentum.

In 2024, production of floor coverings and mats of vulcanised rubber in the UK dropped modestly to 10K tons, waning by -2.7% against 2023. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 85% against the previous year. As a result, production reached the peak volume of 14K tons. From 2020 to 2024, production growth remained at a lower figure.

In value terms, vulcanised rubber mats production skyrocketed to $81M in 2024 estimated in export price. In general, the total production indicated moderate growth from 2013 to 2024: its value increased at an average annual rate of +2.4% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, production increased by +66.7% against 2022 indices. The pace of growth was the most pronounced in 2019 with an increase of 81%. Vulcanised rubber mats production peaked in 2024 and is likely to continue growth in the near future.

In 2024, approx. 39K tons of floor coverings and mats of vulcanised rubber were imported into the UK; jumping by 18% on 2023 figures. The total import volume increased at an average annual rate of +4.5% over the period from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. As a result, imports attained the peak of 40K tons. From 2022 to 2024, the growth of imports remained at a lower figure.

In value terms, vulcanised rubber mats imports rose slightly to $66M in 2024. The total import value increased at an average annual rate of +3.0% over the period from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. Over the period under review, imports attained the peak figure at $76M in 2018; however, from 2019 to 2024, imports stood at a somewhat lower figure.

China (15K tons), India (13K tons) and Poland (4.1K tons) were the main suppliers of vulcanised rubber mats imports to the UK, with a combined 82% share of total imports. Germany, Ireland, the Czech Republic, Canada, Malaysia, the United States and the United Arab Emirates lagged somewhat behind, together accounting for a further 12%.

From 2013 to 2024, the biggest increases were recorded for the Czech Republic (with a CAGR of +48.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vulcanised rubber mats suppliers to the UK were China ($24M), India ($13M) and Poland ($10M), with a combined 71% share of total imports.

Among the main suppliers, Poland, with a CAGR of +31.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

In 2024, the average vulcanised rubber mats import price amounted to $1,702 per ton, which is down by -13.2% against the previous year. Overall, the import price recorded a mild shrinkage. The pace of growth was the most pronounced in 2017 an increase of 27%. Over the period under review, average import prices attained the maximum at $2,412 per ton in 2018; however, from 2019 to 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2024, amid the top importers, the country with the highest price was the United States ($4,629 per ton), while the price for India ($965 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

For the fifth consecutive year, the UK recorded decline in shipments abroad of floor coverings and mats of vulcanised rubber, which decreased by -16.9% to 3.7K tons in 2024. Overall, total exports indicated a modest increase from 2013 to 2024: its volume increased at an average annual rate of +1.8% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, exports decreased by -38.4% against 2017 indices. The pace of growth was the most pronounced in 2017 with an increase of 51% against the previous year. As a result, the exports attained the peak of 6K tons. From 2018 to 2024, the growth of the exports remained at a lower figure.

In value terms, vulcanised rubber mats exports expanded notably to $33M in 2024. In general, total exports indicated a strong increase from 2013 to 2024: its value increased at an average annual rate of +5.4% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, exports increased by +49.3% against 2021 indices. The pace of growth was the most pronounced in 2023 when exports increased by 39% against the previous year. Over the period under review, the exports attained the peak figure in 2024 and are likely to see steady growth in years to come.

Belgium (427 tons), the United States (427 tons) and France (351 tons) were the main destinations of vulcanised rubber mats exports from the UK, together comprising 33% of total exports. Italy, the United Arab Emirates, Ireland, Switzerland, Slovakia, the Czech Republic, Kenya, Germany, the Netherlands and Sweden lagged somewhat behind, together comprising a further 36%.

From 2013 to 2024, the biggest increases were recorded for Kenya (with a CAGR of +40.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($11M) remains the key foreign market for floor coverings and mats of vulcanised rubber exports from the UK, comprising 35% of total exports. The second position in the ranking was taken by France ($2.9M), with an 8.9% share of total exports. It was followed by Belgium, with a 6% share.

From 2013 to 2024, the average annual rate of growth in terms of value to the United States stood at +26.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-10.1% per year) and Belgium (+32.7% per year).

The average vulcanised rubber mats export price stood at $8,966 per ton in 2024, surging by 28% against the previous year. In general, export price indicated a notable expansion from 2013 to 2024: its price increased at an average annual rate of +3.6% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, vulcanised rubber mats export price increased by +120.8% against 2021 indices. The growth pace was the most rapid in 2023 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices attained the peak figure in 2024 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($26,929 per ton), while the average price for exports to Slovakia ($1,592 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vulcanised rubber mats market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

Making Data-Driven Decisions to Grow Your Business

A Quick Overview of Market Performance

Understanding the Current State of The Market and its Prospects

Finding New Products to Diversify Your Business

Choosing the Best Countries to Establish Your Sustainable Supply Chain

Choosing the Best Countries to Boost Your Export

The Latest Trends and Insights into The Industry

The Largest Import Supplying Countries

The Largest Destinations for Exports

The Largest Producers on The Market and Their Profiles