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Asia-Pacific Retro Reflective Textiles Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Tetoron Cotton, Polyester, Aramid, and Others) and End Users (Construction, Oil & Gas, Mining, Transportation, Firefighters, Law Enforcement Agencies, and Others)

Report Code :  BMIRE00025143
No. of Pages :  88
Published Month :  Jun 2022
Category :  Chemicals and Materials
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The APAC retro reflective textiles market is expected to grow from US$ 1,183.57 million in 2021 to US$ 1,779.27 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028.

 

The governments and the regulatory bodies in these regions strictly monitor the use of retro-reflective fabrics in safety apparel. However, in countries such as India, Malaysia, and South Korea, the regulations related to using safety gear and their maintenance are not as stringent as in developed countries. The lack of understanding about the usage of safety apparel in developing economies due to lenient regulations can threaten people’s safety. Moreover, the awareness regarding the care and maintenance of safety apparel is less in emerging countries. Retro-reflective fabrics usually have a limited shelf life, and proper maintenance is needed to keep the material long-lasting. Consumers need to follow specific guidelines to clean and wash retro-reflective garments, as there are separate instructions for home cleaning and industrial cleaning of these fabrics.


With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC retro reflective textiles market. The APAC retro reflective textiles market is expected to grow at a good CAGR during the forecast period
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APAC retro reflective textiles Market Revenue and Forecast to 2028 (US$ Million)


      

APAC retro reflective textiles Market Segmentation        

 

The APAC retro reflective textiles market is segmented into material, end user, and country. Based on material, the APAC retro reflective textiles market is segmented into tetoron cotton, polyester, aramid, and others. The polyester segment dominated the APAC retro reflective textiles market in 2020. Based on end user, the APAC retro reflective textiles market is segmented into construction, oil & gas, mining, transportation, firefighters, law enforcement agencies, and others. The construction segment dominated the APAC retro reflective textiles market in 2020. Based on country, the APAC retro reflective textiles market is segmented into Australia, China, India, Japan, South Korea, and the rest of APAC. The China segment dominated the APAC retro reflective textiles market in 2020.

 

3M; Daoming Optics & Chemical Co., Ltd.; Hangzhou Chinastars Reflective Material Co., Ltd.; Huangshan Xingwei Reflectorized Material Co., Ltd.; P S ENTERPRISES; Unitika Sparklite Ltd.; YGM Reflective; and HJ Corp are among the leading companies in the APAC retro reflective textiles market.

  1. 3M
  2. Daoming Optics & Chemical Co., Ltd.
  3. Hangzhou Chinastars Reflective Material Co., Ltd.
  4. Huangshan Xingwei Reflectorized Material Co., Ltd.
  5. P S ENTERPRISES
  6. Unitika Sparklite Ltd.
  7. YGM Reflective
  8. HJ Corp
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC retro reflective textiles market.      
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the APAC retro reflective textiles market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the APAC retro reflective textiles market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution