Reflective tape is a durable and high-strength adhesive that is used clearly mark areas and objects and provides a reflective tape. These tapes are easily visible in the day as well as night and are convenient to use with their simple peel and stick backing. The reflective tapes are made from a technological blend of glass droplets, prisms, and metals, which create an extremely reflective surface.
MARKET DYNAMICS
The increased application of reflective tapes in the automobile, building and construction industries is driving the growth of the reflective tapes market. The variations in security-related features in reflective tapes have increased the demand for customized requirements in the reflective tapes market. The shift towards the usage of digitized signage is going to have a negative impact on the growth of the reflective tapes market.
MARKET SCOPE
The "Global Reflective Tape Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the reflective tape market with detailed market segmentation by backing material type, end-use, and geography. The global reflective tape market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading reflective tape market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global Reflective Tape Market is segmented based on backing material type and end-use. Based on backing material type, the market is segmented into plastic films-backed reflective tape, rubber-backed reflective tape, foam-backed reflective tape, and others. Based on end-use, the market is segmented into automotive, housing and construction, industrial, mining, oil and has, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global reflective tape market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The reflective tape market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the reflective tape market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the reflective tape market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global reflective tape market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The reflective tape market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the reflective tape market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the reflective tape market in these regions.
MARKET PLAYERS
The report covers key developments in the reflective tape market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from reflective tape market are anticipated to witness lucrative growth opportunities in the future with the rising demand for reflective tape in the global market. Below mentioned is the list of few companies engaged in the reflective tape market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the reflective tape market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3M
- Avery Dennison Corporation
- Brady
- Daoming Reflective Material India Pvt. Ltd
- Heskins Limited
- Huangshan Xingwei Reflectorized Material Co., Ltd
- Lynvale Ltd
- ORAFOL Europe GmbH
- Qualisys AB
- REFLOMAX
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Reflective Tape Market - By Backing Material Type
1.3.2 Reflective Tape Market - By End-Use
1.3.3 Reflective Tape Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. REFLECTIVE TAPE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. REFLECTIVE TAPE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. REFLECTIVE TAPE MARKET - GLOBAL MARKET ANALYSIS
6.1. REFLECTIVE TAPE - GLOBAL MARKET OVERVIEW
6.2. REFLECTIVE TAPE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. REFLECTIVE TAPE MARKET - REVENUE AND FORECASTS TO 2028 - BACKING MATERIAL TYPE
7.1. OVERVIEW
7.2. BACKING MATERIAL TYPE MARKET FORECASTS AND ANALYSIS
7.3. PLASTIC FILMS-BACKED REFLECTIVE TAPE
7.3.1. Overview
7.3.2. Plastic Films-backed Reflective Tape Market Forecast and Analysis
7.4. RUBBER-BACKED REFLECTIVE TAPE
7.4.1. Overview
7.4.2. Rubber-backed Reflective Tape Market Forecast and Analysis
7.5. FOAM-BACKED REFLECTIVE TAPE
7.5.1. Overview
7.5.2. Foam-backed Reflective Tape Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. REFLECTIVE TAPE MARKET - REVENUE AND FORECASTS TO 2028 - END-USE
8.1. OVERVIEW
8.2. END-USE MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE
8.3.1. Overview
8.3.2. Automotive Market Forecast and Analysis
8.4. HOUSING AND CONSTRUCTION
8.4.1. Overview
8.4.2. Housing and Construction Market Forecast and Analysis
8.5. INDUSTRIAL
8.5.1. Overview
8.5.2. Industrial Market Forecast and Analysis
8.6. MINING
8.6.1. Overview
8.6.2. Mining Market Forecast and Analysis
8.7. OIL AND GAS
8.7.1. Overview
8.7.2. Oil and Gas Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. REFLECTIVE TAPE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Reflective Tape Market Overview
9.1.2 North America Reflective Tape Market Forecasts and Analysis
9.1.3 North America Reflective Tape Market Forecasts and Analysis - By Backing Material Type
9.1.4 North America Reflective Tape Market Forecasts and Analysis - By End-Use
9.1.5 North America Reflective Tape Market Forecasts and Analysis - By Countries
9.1.5.1 United States Reflective Tape Market
9.1.5.1.1 United States Reflective Tape Market by Backing Material Type
9.1.5.1.2 United States Reflective Tape Market by End-Use
9.1.5.2 Canada Reflective Tape Market
9.1.5.2.1 Canada Reflective Tape Market by Backing Material Type
9.1.5.2.2 Canada Reflective Tape Market by End-Use
9.1.5.3 Mexico Reflective Tape Market
9.1.5.3.1 Mexico Reflective Tape Market by Backing Material Type
9.1.5.3.2 Mexico Reflective Tape Market by End-Use
9.2. EUROPE
9.2.1 Europe Reflective Tape Market Overview
9.2.2 Europe Reflective Tape Market Forecasts and Analysis
9.2.3 Europe Reflective Tape Market Forecasts and Analysis - By Backing Material Type
9.2.4 Europe Reflective Tape Market Forecasts and Analysis - By End-Use
9.2.5 Europe Reflective Tape Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Reflective Tape Market
9.2.5.1.1 Germany Reflective Tape Market by Backing Material Type
9.2.5.1.2 Germany Reflective Tape Market by End-Use
9.2.5.2 France Reflective Tape Market
9.2.5.2.1 France Reflective Tape Market by Backing Material Type
9.2.5.2.2 France Reflective Tape Market by End-Use
9.2.5.3 Italy Reflective Tape Market
9.2.5.3.1 Italy Reflective Tape Market by Backing Material Type
9.2.5.3.2 Italy Reflective Tape Market by End-Use
9.2.5.4 United Kingdom Reflective Tape Market
9.2.5.4.1 United Kingdom Reflective Tape Market by Backing Material Type
9.2.5.4.2 United Kingdom Reflective Tape Market by End-Use
9.2.5.5 Russia Reflective Tape Market
9.2.5.5.1 Russia Reflective Tape Market by Backing Material Type
9.2.5.5.2 Russia Reflective Tape Market by End-Use
9.2.5.6 Rest of Europe Reflective Tape Market
9.2.5.6.1 Rest of Europe Reflective Tape Market by Backing Material Type
9.2.5.6.2 Rest of Europe Reflective Tape Market by End-Use
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Reflective Tape Market Overview
9.3.2 Asia-Pacific Reflective Tape Market Forecasts and Analysis
9.3.3 Asia-Pacific Reflective Tape Market Forecasts and Analysis - By Backing Material Type
9.3.4 Asia-Pacific Reflective Tape Market Forecasts and Analysis - By End-Use
9.3.5 Asia-Pacific Reflective Tape Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Reflective Tape Market
9.3.5.1.1 Australia Reflective Tape Market by Backing Material Type
9.3.5.1.2 Australia Reflective Tape Market by End-Use
9.3.5.2 China Reflective Tape Market
9.3.5.2.1 China Reflective Tape Market by Backing Material Type
9.3.5.2.2 China Reflective Tape Market by End-Use
9.3.5.3 India Reflective Tape Market
9.3.5.3.1 India Reflective Tape Market by Backing Material Type
9.3.5.3.2 India Reflective Tape Market by End-Use
9.3.5.4 Japan Reflective Tape Market
9.3.5.4.1 Japan Reflective Tape Market by Backing Material Type
9.3.5.4.2 Japan Reflective Tape Market by End-Use
9.3.5.5 South Korea Reflective Tape Market
9.3.5.5.1 South Korea Reflective Tape Market by Backing Material Type
9.3.5.5.2 South Korea Reflective Tape Market by End-Use
9.3.5.6 Rest of Asia-Pacific Reflective Tape Market
9.3.5.6.1 Rest of Asia-Pacific Reflective Tape Market by Backing Material Type
9.3.5.6.2 Rest of Asia-Pacific Reflective Tape Market by End-Use
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Reflective Tape Market Overview
9.4.2 Middle East and Africa Reflective Tape Market Forecasts and Analysis
9.4.3 Middle East and Africa Reflective Tape Market Forecasts and Analysis - By Backing Material Type
9.4.4 Middle East and Africa Reflective Tape Market Forecasts and Analysis - By End-Use
9.4.5 Middle East and Africa Reflective Tape Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Reflective Tape Market
9.4.5.1.1 South Africa Reflective Tape Market by Backing Material Type
9.4.5.1.2 South Africa Reflective Tape Market by End-Use
9.4.5.2 Saudi Arabia Reflective Tape Market
9.4.5.2.1 Saudi Arabia Reflective Tape Market by Backing Material Type
9.4.5.2.2 Saudi Arabia Reflective Tape Market by End-Use
9.4.5.3 U.A.E Reflective Tape Market
9.4.5.3.1 U.A.E Reflective Tape Market by Backing Material Type
9.4.5.3.2 U.A.E Reflective Tape Market by End-Use
9.4.5.4 Rest of Middle East and Africa Reflective Tape Market
9.4.5.4.1 Rest of Middle East and Africa Reflective Tape Market by Backing Material Type
9.4.5.4.2 Rest of Middle East and Africa Reflective Tape Market by End-Use
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Reflective Tape Market Overview
9.5.2 South and Central America Reflective Tape Market Forecasts and Analysis
9.5.3 South and Central America Reflective Tape Market Forecasts and Analysis - By Backing Material Type
9.5.4 South and Central America Reflective Tape Market Forecasts and Analysis - By End-Use
9.5.5 South and Central America Reflective Tape Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Reflective Tape Market
9.5.5.1.1 Brazil Reflective Tape Market by Backing Material Type
9.5.5.1.2 Brazil Reflective Tape Market by End-Use
9.5.5.2 Argentina Reflective Tape Market
9.5.5.2.1 Argentina Reflective Tape Market by Backing Material Type
9.5.5.2.2 Argentina Reflective Tape Market by End-Use
9.5.5.3 Rest of South and Central America Reflective Tape Market
9.5.5.3.1 Rest of South and Central America Reflective Tape Market by Backing Material Type
9.5.5.3.2 Rest of South and Central America Reflective Tape Market by End-Use
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. REFLECTIVE TAPE MARKET, KEY COMPANY PROFILES
11.1. 3M
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AVERY DENNISON CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BRADY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DAOMING REFLECTIVE MATERIAL INDIA PVT. LTD
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HESKINS LIMITED
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HUANGSHAN XINGWEI REFLECTORIZED MATERIAL CO., LTD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. LYNVALE LTD
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ORAFOL EUROPE GMBH
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. QUALISYS AB
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. REFLOMAX
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. 3M
2. Avery Dennison Corporation
3. Brady
4. Daoming Reflective Material India Pvt. Ltd
5. Heskins Limited
6. Huangshan Xingwei Reflectorized Material Co., Ltd
7. Lynvale Ltd
8. ORAFOL Europe GmbH
9. Qualisys AB
10. REFLOMAX
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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