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Middle East & Africa 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 :  BMIRE00025146
No. of Pages :  70
Published Month :  Jun 2022
Category :  Chemicals and Materials
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The MEA retro reflective textiles market is expected to grow from US$ 316.58 million in 2021 to US$ 409.01 million by 2028; it is estimated to grow at a CAGR of 3.7% from 2021 to 2028.

 

Retro-reflective fabrics are gaining traction in various application industries, with leading market players developing innovative products to obtain a competitive edge. These companies are adopting a product innovation strategy to differentiate their brands in the minds of consumers, boost their revenues, and fulfill the requirements of potential consumers. For instance, JRC-Reflex, one of the major manufacturers of retro-reflective materials, developed dual-tone reflective textiles in May 2019. The company developed an innovative dyeing technique that allows the products to have unique dual-tone variations. This new technology allows the reflection of a distinct color when a source of light is directed at the product made using micro-bead embedded material.

 

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 MEA retro reflective textiles market. The MEA retro reflective textiles market is expected to grow at a good CAGR during the forecast period.

 

MEA retro reflective textiles Market Revenue and Forecast to 2028 (US$ Million)


      

MEA retro reflective textiles Market Segmentation          

 

The MEA retro reflective textiles market is segmented based on material, end user, and country. Based on material, the MEA retro reflective textiles market is segmented into tetoron cotton, polyester, aramid, and others. The polyester segment dominated the MEA retro reflective textiles market in 2020. Based on end user, the MEA retro reflective textiles market is segmented into construction, oil & gas, mining, transportation, firefighters, law enforcement agencies, and others. The oil & gas segment dominated the MEA retro reflective textiles market in 2020. Based on country, the MEA retro reflective textiles market is segmented into South Africa, Saudi Arabia, UAE, and the Rest of the MEA. The Saudi Arabia segment dominated the MEA 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; and YGM Reflective are among the leading companies in the MEA 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. YGM Reflective
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA 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 MEA 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 MEA market trends and outlook coupled with the factors driving the MEA 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