Nosing is the edge of the stair that projects beyond the riser. Stair nosing is primarily used for safety purposes. Stair nosing provides slip resistance and thus, protection from falling. Stair nosing helps to reduce the wear and tear of stair. Increasing safety and compliance requirements for stair and stair nosing installations are driving growth of the stair nosing market. Various guidelines and regulations regarding dimension, color, and slip resistance of stair nosing are expected to govern current and future stair installations. Adoption of stair nosing is highest in offices and commercial spaces where foot traffic is high. The material which stair nosing is mainly manufactured from includes PVC, aluminum, brass, bronze, and rubber.
Market Dynamics
The stair nosing market is expected to grow in the near future owing to rising awareness among people regarding safety and prevention of accidents. For instance, according to Public health report in U.K, around one thousand people died in 2021 in staircase related accidents. Owing to increasing staircase accidents, governments are focusing on implementing regulations such as Building Regulations (K&M), Title 24 which mandates prevention of accidents. According to the aforementioned regulations, stair nosing should be fitted with visual contrast, and to differentiate between the step and the tread, nosing must have a contrast color.
Market Taxonomy
Based on foot traffic, the global stair nosing market is segmented into low traffic, medium traffic and high traffic. On the basis of operating environment, the market is segmented into indoor and outdoor. Based on application, the market is segmented into residential, commercial, and industrial. On the basis of material it is segmented into wood, aluminum, rubber, brass, PVC, and others, and on the basis of stair type, the market is segmented into curved, raked, and slanted back stair type.
Key features of the study:
- This report provides an in-depth analysis of the global stair nosing market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, regulatory landscape, and competitive strategy adopted by leading players
- It profiles leading players in the global stair nosing market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Quantum Profile Systems Ltd., Amstep Products, Novaproducts Global, Optimum Technologies, Inc., Tarkett, MEISHUO Building, Materials Co. Ltd., Kinesik Engineered Products, Spectrum Floors, C.A.T. LTD and Litokol. Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics.
- The global stair nosing market report caters to various stakeholders in this industry including investors, manufacturers, suppliers, distributors, new entrants
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global stair nosing market
Detailed Segmentation:
- Global Stair Nosing Market , By Foot Traffic:
- Low traffic
- Medium traffic
- High traffic
- Global Stair Nosing Market , By Operating Environment:
- Global Stair Nosing Market , By Application:
- Residential
- Commercial
- Industrial
- Global Stair Nosing Market , By Material:
- Wood
- Aluminum
- Rubber
- Brass
- PVC
- Others
- Global Stair Nosing Market , By Stair Type:
- Curved
- Raked
- Slanted back
- Global Stair Nosing Market , By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
- Company Profiles
- Quantum Profile Systems Ltd.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Amstep Products
- Novaproducts Global
- Optimum Technologies, Inc.
- Tarkett
- MEISHUO Building Materials Co. Ltd.
- Kinesik Engineered Products
- Spectrum Floors
- C.A.T. LTD
- Litoko