STAIR NOSING MARKET ANALYSIS

Stair Nosing MarketSize and Trends

Global stair nosing market was valued at US$ 1.04 Billion in 2022, exhibiting a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030.

Global Stair Nosing Market– Trends

Rising Demand for Anti-Slip Contrast Nosing

Anti-slip strips can be added to the edge of the staircase. It helps users in visually recognizing the presence of a step edge of the stair. The contrasting shade of the stair nosing adds an attractive layer to the stair that is clearly visible by the users with poor vision. There are several players that offers anti-slip contrast nosing. For instance, FibreGrid's, a U.K.-based supplier of anti- slip products, offers anti slip stair nosing, an affordable mode to lesser the danger of slips and falls. The most common place for individuals to trip and fall is at the edge of the step. These anti- slip stair nosing will safeguard this area without changing in the design of the original staircase. These are reliable and easy to install.

Increasing demand for products such as illuminated stair nosing

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.

Emphasis on Slip Resistance and Safety

Safety is a primary concern when it comes to stairs, and slip resistance is a crucial factor in stair nosing selection. The market is witnessing huge demand for slip-resistant materials and designs that improve traction and reduce the risk of accidents. Manufacturers are investing in research and development to create innovative solutions that meet or exceed safety regulations and standards.