Market insight - Global Stair Nosing Market

Market definition

Stair nosing is the projection in the horizontal direction at the end of the stair. The end part of the stair is the most crucial part as foot traffic is highest at this region of the stair. Stair nosing is used to prevent slipping accidents while using stairs. Stair nosing has a different color than regular stairs, which helps the person using the stairs to identify the end of the stair. For industrial and commercial staircases, stair nosing is mandatory as it prevents accidents, and in some cases, death. The various materials used for stair nosing include wood, aluminum, rubber, brass, PVC and others. The selection of material and design depends on factors such as requirement and budget, type of use, stair type, etc.

The global stair nosing market was valued at US$ XX million in 2018 and is expected to reach US$ xyz million by 2027, growing at a CAGR of 5.1% between 2019 and 2027.

Market Dynamics- Driver

Stringent staircase safety standards are key factors that are expected to drive growth of the global stair nosing market over the forecast period.

Many countries have made it mandatory to use stair nosing as a safety measure. For instance, in the U.S., according to Building Regulation, Title 24, it is mandatory to use stair nosing in municipal corporations, school buildings and other places. Furthermore, stair nosing should have contrast color to that of the staircase. This law is mandatory for new construction projects as well as existing buildings. Such regulations and guidelines are impacting present stair installations and are also expected to impact future stair installations. Furthermore, the remodeling of older stair installations to meet these regulations is also increasing. This is projected to significantly drive growth of the stair nosing market. Among application, the commercial segment held a dominant position in global stair nosing market in 2018, followed by the residential and industrial segment.

Increasing construction activities are also expected to drive the growth of the global stair nosing market over the forecast period.

The global construction market is expected to witness rapid growth over the forecast period. Increasing construction activities in Asia Pacific region are expected to fuel new staircase installations and subsequently drive the stair nosing market growth over the forecast period.

Figure 1. Global Stair Nosing Market Share (%), by Region (2018)

Stair Nosing  | Coherent Market Insights

Source: Coherent Market Insights

North America held a dominant position in the global stair nosing market in 2018, followed by Europe and Asia Pacific. Increasing demand for stair nosing in Asia Pacific region is expected to offer lucrative growth opportunities for market players. The market for stair nosing is still in nascent stage, however intelligent sales and marketing strategies are estimated to facilitate the market growth in the Asia Pacific region near future. Demand for stair nosing from commercial places such as malls and entertainment places will significantly drive the growth of the market in the region. Furthermore, India and China are expected to be the major growth engines of the market over the forecast period due to increasing construction activities in the region.

Market Trends

Increasing demand for products such as illuminated stair nosing is expected to create lucrative growth opportunities for market players

Companies are offering illuminated stair nosing which are equipped with lighting. For instance, VPI Corporation, a U.S. based company, is providing illuminated stair nosing. When a person walks over the stair or stair nosing, next stair gets illuminated making it safe and easier for a person to walk on. Thus, growing adoption of IoT-based solutions is expected to offer optimal growth opportunities for market players in the near future.

Regulations

Building Regulations determine how the stairs are designed, built, and installed in a safe way for people moving in and around the building. Color, dimensions, coverage of thread material, slip resistance, and other guidelines are introduced by regulatory bodies such as Parliament of the United Kingdom (Disability Discrimination Act (DDA)/ Equality Act 2010), The Building Regulations (K&M), California Energy Commission (Title 24), British Standards Institute (BSI) (BS 5395-1:2010), and others for installation of stairs and stair nosing. According to Building Regulations (K&M), BS8300 and BS9266, the color of the stair nosing should differ from that of the floor covering. To prevent accidents, Title 24 mandates that all stair nosing should be fitted with visual contrast. Furthermore, to differentiate between the step and the tread, nosing must have a contrast color. It also states that strips should measure two inches wide and parallel to the nosing of each step and must have anti-slip features.

Competitive Section

Key companies operating in the global stair nosing market include Quantum Profile Systems Ltd., Amstep Products, Novaproducts Global, Optimum Technologies, Inc., Tarkett S.A., MEISHUO Building Materials Co. Ltd., Kinesik Engineered Products, Spectrum Floors, C.A.T. LTD. and Litokol among others.

Key Developments

  1. Key companies in the market are focused on offering new products to consumers, in order to gain a competitive edge in the market. For instance, in January 2018, Quantum Profile Systems Ltd., a UK based company, launched the Plus Tread product in the market. Plus tread is stair nosing made from PVC material.
  2. The global stair nosing market is in nascent stages. Therefore, key companies are focusing on research and development activities to gain a competitive edge in untapped markets. For instance, in May 2019, MEISHUO Building Materials Co. Ltd., a China-based company, launched a new anti-slip test for FPR (Fiberglass reinforced panels) stair treads with heavy reinforced stair nosing.

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 2018 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 (2019 – 2027), considering 2018 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:
    • Indoor
    • Outdoor
  •  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

*Browse all the market data tables and figures on 'Global Stair Nosing Market - Forecast 2019 to 2027'

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Foot Traffic
      • Market Snippet, By Operating Environment
      • Market Snippet, By Application
      • Market Snippet, By Material
      • Market Snippet, By Stair Type
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
    • Value Chain Analysis
    • Porter’s Analysis
    • PEST Analysis
  4. Global Stair Nosing Market By Foot Traffic, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Low traffic
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Medium traffic
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • High traffic
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
  5. Global Stair Nosing Market, By Operating Environment, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Indoor
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Outdoor
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
  6. Global Stair Nosing Market, By Application, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Residential
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Commercial
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Industrial
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
  7. Global Stair Nosing Market, By Material, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Wood
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Aluminum
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Rubber
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Brass
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • PVC
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
      •  
  8. Global Stair Nosing Market, By Stair Type, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Curved
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Raked
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Slanted back
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
  9. Global Stair Nosing Market, By Region, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Foot Traffic, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Operating Environment, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Material, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Stair Type, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Foot Traffic, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Operating Environment, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Material, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Stair Type, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Foot Traffic, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Operating Environment, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Material, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Stair Type, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Foot Traffic, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Operating Environment, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Material, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Stair Type, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East
      • Regional Trends
      • Market Size and Forecast, By Foot Traffic, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Operating Environment, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Material, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Stair Type, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • Israel
        • GCC Countries
        • Rest of the Middle East
    • Africa
      • Regional Trends
      • Market Size and Forecast, By Foot Traffic, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Operating Environment, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Material, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Stair Type, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • South Africa
        • Central Africa
        • North Africa
  10. Competitive Landscape
    • Company Profiles
      • Quantum Profile Systems Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Amstep Products
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Novaproducts Global
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Optimum Technologies, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Tarkett
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • MEISHUO Building Materials Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Kinesik Engineered Products
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Spectrum Floors
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • A.T. LTD
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Litokol
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
    • Analyst Views
  11. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on 'Stair Nosing Market' - Global forecast to 2027