This report studies the global Reflective Sheeting industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.
Reflective sheeting is flexible retro reflective material primarily used to increase the nighttime conspicuity of traffic signs, high-visibility clothing, and other items.
According to retro-reflective principle, reflective sheeting can be divided into glass bead type and micro prismatic type.
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In terms of production of reflective sheeting, United States is the largest producer, over 44.4% market share of production in 2016; China is the second producer, while Japan, Europe and Korea also are important producers.
In terms of consumption of reflective sheeting, United States is the largest consumer, due to its developed transportation network and huge automobile inventory. Other developed reginos also play important roles, like Western European countries, Japan, Australia and Canada etc. In future, the developed countries market will be driven by the demand form maintenance and upgrading the existing transportation facilities;
China is the second consumer, and China is presently undergoing rapid urbanization, heavily investing in road and transit systems, as well as airports and intercity surface transportation systems, these are driving the production and consumption of reflective sheeting in China market.
The global Reflective Sheeting market is valued at 3410 million USD in 2017 and is expected to reach 4350 million USD by the end of 2025, growing at a CAGR of 3.1% between 2018 and 2025.
This research report categorizes the China and global Reflective Sheeting market by type, end-use industry, and region.
International Manufacturers Covered
- Avery Dennison(US)
- Nippon Carbide Industry (NCI) (Japan)
- Jinsung Corporation(Korea)
- KIWA Chemical Industries(Japan)
- Viz Reflectives(UK)
China Local Manufacturers Covered
- Daoming Optics & Chemicals(China)
- Changzhou Hua R Sheng Reflective(China)
- Changzhou Huawei(China)
- YSL Reflective Material(China)
- Zhejiang Caiyuan Reflecting(China)
- Huangshan Xingwei Reflectorized(China)
- Yangzhou Tonming Reflective(China)
- Hefei Every Traffic Safety(China)
- Lianxing Reflective(China)
- Guangzhou Baiyun Xinda Reflective Material(China)
- Zhejiang Ygm Technology(China)
- Micro Glass Bead Type
- Micro Prismatic Type
- By Application
- Road Signs
- Transport & Communication Facilities
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- United States