Reflective Sheeting Market

Global Reflective Sheeting Market Analysis and Opportunity Assessment By Type, Material, Application, Consumer, Sales Channel, Region and Country – Forecast 2022 – 2030

The market is expected to generate an incremental $ opportunity of US$ 707.8 Mn between 2022 and 2030

Category: Chemicals & Materials

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ID: CVC-00179

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Format: PDF+Excel Dataset

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Published Date: August 2022

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Pages: 328

Reflective Sheeting Market Size Analysis

According to a research survey conducted by ChemView Consulting, in 2022, the Global Reflective Sheeting Market was worth US$ 3,387.9 Mn and is expected to grow at a CAGR of 2.4% over the forecast period. The market is expected to hit US$ 4,095.8 Mn by 2030 end.

Reflective sheeting is described as flexible reflecting sheeting made of retroreflective material mostly utilized as road signs. These sheets improve visibility at night and are also employed in creating special clothes for highway and road construction workers.

They are also used to avert accidents as a safety element in automobiles and as well as road sign indications. Furthermore, these reflecting sheets are employed in manufacturing to increase the scanning range of barcodes.

Market Dynamic

THE GROWTH IN THE AUTOMOBILE INDUSTRY DRIVES THE GROWTH

Reflective sheeting market demand is fueled by rising applications in the car industry and rising usage of reflecting sheets in road signs. Furthermore, using such sheets in the production of safety apparel contributes to this industry’s growth. Again, technical developments along with higher quality length are increasing expansion.

Another factor expected to fuel the target market’s expansion is increased government endeavors in developed and developing nations to implement various safety laws and regulations.

Technological improvements, creative product developments, and launches by leading manufacturers are projected to propel the global reflective sheeting market’s growth.

POOR ENVIRONMENTAL CONDITIONS HAMPER THE MARKET

Reflective sheeting under poor weather circumstances, such as fog or heavy rain, might obscure the vision and prevent people from seeing these sheets. It is a significant issue projected to impede the target market’s expansion throughout the forecast period.

Reflective Sheeting Market

Market Segments Covered in Report

By Type:

  • Micro Glass Bead
  • Micro Prismatic
  • Others

By Application:

  • Signage
  • Transport & Communication Facilities
  • Others

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Why are Micro Glass Beads Type Reflective sheeting projected to have the highest CAGR?

In terms of revenue, the micro glass beads sector is expected to rise significantly worldwide. Increasing demand for micro glass beads material will likely boost market growth due to high-quality illumination, low transmission loss, weather resilience, and eco-friendliness at night.

Why is the Signage application segment expected to expand the fastest during the forecast period?

The signage segment is projected to account for major revenue contributions in the global market.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

  • The North American market is expected to lead the worldwide reflective sheeting industry. The North American market is expected to rise due to increased government efforts and substantial investments in the manufacture of reflective sheeting in the area.
  • Due to continuous technological advancement and increased investment in infrastructure to build renewable energy plans in countries like Germany, France, the United Kingdom, and Sweden, the European market is forecast to account for the second-highest revenue share in the worldwide market.
  • Asia Pacific nations such as China, India, and Japan are investing heavily in the development of ecologically friendly reflective sheeting and halogen-free reflective sheets.

Competition Analysis

Some of the key developments that have taken place in the Reflective Sheeting Market include:

A list of some of the key suppliers present in the market are:

  • 3M
  • Avery Dennison
  • Nippon Carbide Industry
  • ASTM
  • ORAFOL
  • Jisung Corporation
  • Reflomax
  • KIWA Chemical Industries
  • Viz Reflectives
  • Daoming Optics & Chemicals
  • Changzhou Hus R Sheng Reflective
  • Changzhou Huawei
  • Yeshili Reflective Materials
  • Zhejiang Caiyuan Reflecting
  • Huangshan Xingwei Reflectorized
  • Yangzhou Tonming Reflective
  • Alsafety
  • Lianxing Reflective

Global Reflective Sheeting Market 2022-2030: Report Coverage and Highlights

  • Assessment of the historical and current market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Segment-wise, country-wise, and region-wise market analysis
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Key product innovations and regulatory framework
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies
Research ScopeDetails
Forecast period2022-2030
Historical data available for2017-2021
Market analysisUSD Million for Value and Tons for Volume, and CAGR from 2022 to 2030
Key regions coveredNorth America, Latin America, Europe, Asia-Pacific, Middle East, and Africa
Key countries coveredUS, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt
Key segments coveredBy Type, Application, and Region
Customization scopeAvailable upon Request
Pricing and purchase optionsAvailable upon Request

Frequently Asked Questions

In the forecast period between 2022 and 2030, the market is expected to grow at a CAGR of 2.4%.

Reflective sheeting market demand is fueled by rising applications in the car industry and the rising usage of reflecting sheets in road signs.

The shortage of fluorescent lighting may limit the market’s expansion.

The North American region is expected to account for the largest market revenue share in the Global Reflective Sheeting market.

  1. Executive Summary
    • Global Market Snapshot
    • Key Success Factors
    • Strategic Analysis and Recommendations
  2. Market Overview
    • Market Taxonomy
    • Market Definitions
  3. Research Methodology
    • Preliminary Investigation & Research Design
    • Secondary Research & Primary Research
    • Data Analysis & Econometric Modelling
    • Expert Data Validation
  4. Key Emerging Trends Analysis
    • Supply-Side Trends
    • Demand-Side Trends
  5. Global Reflective Sheeting Market Value (US$ Mn) and Volume (Tons) Analysis
    • Global Market Value (US$ Mn) Analysis, 2017 – 2030
    • Incremental $ Opportunity Index, 2022-2030
    • Global Market Volume (Tons) Analysis, 2017 – 2030
  6. Global Reflective Sheeting Market Pricing Analysis
    • Regional Level Pricing Analysis and Forecast
      • Manufacturers Level Pricing
      • Distributor Level Pricing
    • Global Pricing Analysis Benchmark
    • Cost Breakdown Analysis
  7. Cross-Sectional Analysis
    • Cross Analysis of Application W.R.T. Product Type
  8. Supply Vs. Demand Analysis
    • Regional Supply Vs. Demand Gap Assessment
    • Top Producing Countries Analysis
  9. Market Background
    • Macroeconomic Factors
    • Forecast Factors
    • Market Dynamics
      • Driver
      • Restraint
      • Opportunity
    • Supply Chain Analysis
      • List Raw Material Suppliers
      • List of Manufacturers
      • List of Distributors
      • List of End-Users
      • Average Profitability Margin Analysis
    • Covid-19 Impact Assessment
      • Economy/Cluster Projections
      • Covid-19 Economic Assessment
      • Potential Impact on Target Market
      • Recovery Scenario
    • Regulatory Framework
      • Regulations of Key Countries
      • Potential Impact of Regulations
    • Porter’s Five Forces Analysis
    • Technology Landscape
  10. Global Reflective Sheeting Market 2017 – 2030 By Type
    • Introduction
    • Key Market Trends
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2030) By Type [Value (US$ Mn) and Volume (Tons) Analysis]
      • Micro Glass Bead
      • Micro Prismatic
      • Others
    • Market Attractiveness Analysis by Type
  11. Global Reflective Sheeting Market 2017 – 2030 by Application
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2030) By Application [Value (US$ Mn) and Volume (Tons) Analysis]
      • Signage
      • Transport & Communication Facilities
      • Others
    • Market Attractiveness Analysis by Application
  12. Global Reflective Sheeting Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2030 by Region
    • Introduction
    • Key Market Trends
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2030) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
      • North America
      • Latin America
      • Europe
      • Asia-Pacific
      • Middle East
      • Africa
    • Market Attractiveness Analysis by Region
  13. North America Reflective Sheeting Market Historical Analysis 2017 – 2021 and Forecast 2022-2033
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2030) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • U.S.
        • Canada
      • By Type
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Type
      • By Application
  1. Latin America Reflective Sheeting Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2030
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2030) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Brazil
        • Mexico
        • Rest of Latin America
      • By Type
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Type
      • By Application
  1. Europe Reflective Sheeting Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2030
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2030) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Germany
        • Italy
        • France
        • UK
        • Spain
        • Netherlands
        • Norway
        • Russia
        • Rest of Europe
      • By Type
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Type
      • By Application
  1. Asia-Pacific Reflective Sheeting Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2030
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2030) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • China
        • Japan
        • South Korea
        • India
        • Indonesia
        • Thailand
        • Vietnam
        • Australia & New Zealand
        • Rest of Asia-Pacific
      • By Type
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Type
      • By Application
  1. Middle East Reflective Sheeting Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2030
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2030) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Saudi Arabia
        • Turkey
        • U.A.E.
        • Rest of the Middle East
      • By Type
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Type
      • By Application
  1. Africa Reflective Sheeting Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2030
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2030) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • South Africa
        • Nigeria
        • Egypt
        • Rest of Africa
      • By Type
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Type
      • By Application
  2. Competition Analysis
    • Tier Structure Breakdown
    • Market Share Analysis
    • Production Capacity Analysis
    • Company Footprint Analysis
      • Product Footprint of Players
      • Regional Footprint of Players
      • Channel Footprint of Players
    • ChemView’s Competitor Positioning Matrix
  3. Company Profiles
    • 3M
      • Company Overview
      • Product & Financial Portfolio
      • Manufacturing Facilities
      • Recent Developments
      • SWOT Analysis
      • Strategy Overview
    • Avery Dennison
    • Nippon Carbide Industry
    • ASTM
    • ORAFOL
    • Jisung Corporation
    • Reflomax
    • KIWA Chemical Industries
    • Viz Reflectives
    • Daoming Optics & Chemicals
    • Changzhou Hus R Sheng Reflective
    • Changzhou Huawei
    • Yeshili Reflective Materials
    • Zhejiang Caiyuan Reflecting
    • Huangshan Xingwei Reflectorized
    • Yangzhou Tonming Reflective
    • Alsafety
    • Lianxing Reflective
  4. Assumptions and Acronyms

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