South America 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)

The SAM retro reflective textiles market is expected to grow from US$ 89.63 million in 2021 to US$ 107.63 million by 2028; it is estimated to grow at a CAGR of 2.6% from 2021 to 2028.

Accidents and fatalities are becoming more common at workplaces, where visibility is an issue. Low visibility is a common issue on roadways, construction sites, mining sites, and oil & gas and chemical industries. Cranes and other heavy machinery are frequently used in industrial areas. Workers with a lack of protective equipment are more likely to have accidents, injuries, and fatalities as they cannot be spotted easily by the operators of such heavy machinery. Moreover, millions of workers are prone to strike by, run over, and back over dangers while working near traffic and construction equipment. Construction and maintenance personnel on highways, survey crews, crossing guards, emergency incident responders, and police officers are in danger of getting injured. The significance of workforce safety measures is increasing at an alarming rate due to the rising number of workplace accidents caused by poor visibility.

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

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

SAM retro reflective textiles Market Segmentation          

The SAM retro reflective textiles market is segmented based on material, end user, and country. Based on material, the SAM retro reflective textiles market is segmented into tetoron cotton, polyester, aramid, and others. The polyester segment dominated the SAM retro reflective textiles market in 2020. Based on end user, the SAM retro reflective textiles market is segmented into construction, oil & gas, mining, transportation, firefighters, law enforcement agencies, and others. The oil & gas segment dominated the SAM retro reflective textiles market in 2020. Based on country, the SAM retro reflective textiles market is segmented into Brazil, Argentina, and Rest of SAM. The rest of SAM segment dominated SAM 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.; and YGM Reflective are among the leading companies in the SAM 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

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM 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 SAM 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 SAM market trends and outlook coupled with the factors driving the SAM 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