Market Overview:
The global fluorescent reflective vest market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for safety and security products across the globe. In addition, the growing awareness about safety among consumers is also propelling the demand for fluorescent reflective vests. The global fluorescent reflective vest market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into with pockets and without pockets segments. The with pockets segment is expected to hold a larger share in terms of revenue in 2018 as compared to without pockets segment owing to its features such as easy accessibility to belongings carried by individuals while working or travelling outdoors during night time or low-light conditions. On the basis of application, construction site, traffic command, and others are some key segments considered in this study. Traffic command held a dominant position in 2017 due high adoption rate across various regions worldwide owing stringent government regulations mandating use of these vests by law enforcement personnel during traffic control operations.
Product Definition:
A fluorescent reflective vest is a type of clothing that helps to increase the visibility of the person wearing it in low-light conditions. This type of vest typically has bright colors, such as yellow or orange, and is made from a material that reflects light. This can help to make the person wearing it more visible to motorists and other people in low-light conditions.
Have Pockets:
The global Have Pockets, it's usage and growth factor in Fluorescent Reflective Vest market size was valued at USD 4.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing number of road accidents coupled with growing awareness regarding safety for drivers, passengers as well as pedestrians is anticipated to drive the demand for fluorescent reflective vests over the forecast period.
No Pockets:
No Pockets is a reflective apparels product that helps in preventing road traffic accidents. It's main function is to reflect the light from vehicle headlamps and prevent the driver or walker from getting hit by a car. The product has been designed for people who are blind, have no vision, or whose vision is impaired.
The global market for No Pockets and it's usage in fluorescent reflective vest market size was valued at USD 31 million in 2015.
Application Insights:
The construction site application segment led the market and accounted for more than a 29% share of the global revenue in 2017. The growth is attributed to an increase in the number of construction sites at night, where workers are injured or killed frequently due to accidents with high-voltage electricity cables or other hazards. fluorescent reflective vests with pockets help protect workers from electric shocks by providing insulation and shock absorption. These products have been found helpful in reducing workplace fatalities by up to 80%.
Traffic command application is projected to witness significant growth over the forecast period owing to rising awareness about road safety among consumers across various regions, including North America and Europe. Governments are also taking initiatives such as installing traffic lights with red light cameras at intersections that capture images of drivers who run stoplights, which has increased visibility of these products among consumers driving on roads across different regions worldwide.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of several construction companies and infrastructure projects. The U.S. government has undertaken initiatives for improving public safety through enhanced road visibility, which is anticipated to drive product demand over the forecast period.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising number of industrial accidents in countries such as India, China, Japan and Indonesia that have a high population density and are emerging as manufacturing hubs. Moreover, increasing adoption of fluorescent reflective vests by traffic police forces across various Asian countries will drive regional growth during the forecast years from 2018 to 2030 (see figure below).
The European market was valued at USD X million in 2017.
Growth Factors:
- Increasing awareness about the importance of personal safety and security, which is driving the demand for fluorescent reflective vest.
- Rapid urbanization and industrialization, which is resulting in an increase in the number of accidents and fatalities, thereby fueling the demand for fluorescent reflective vest.
- Growing popularity of cycling as a mode of transportation, which is leading to an increase in cycling-related accidents, thereby propelling the demand for fluorescent reflective vest.
- Stringent government regulations pertaining to personal safety gear such as fluorescent reflective vests, which is aiding market growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Fluorescent Reflective Vest Market Research Report
By Type
Have Pockets, No Pockets
By Application
Construction Site, Traffic Command, Others
By Companies
Carolina Glove Co, Tech Products, Robinson Windword, The Reflectory, The Brush Man, SPC Mfg, Guardway Corp, QM Reflective, China Reflective, Safety Master, PeerBasics, SULWZM, Neiko, Stalwart, Price
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Fluorescent Reflective Vest Market Report Segments:
The global Fluorescent Reflective Vest market is segmented on the basis of:
Types
Have Pockets, No Pockets
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction Site, Traffic Command, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Carolina Glove Co
- Tech Products
- Robinson Windword
- The Reflectory
- The Brush Man
- SPC Mfg
- Guardway Corp
- QM Reflective
- China Reflective
- Safety Master
- PeerBasics
- SULWZM
- Neiko
- Stalwart
- Price
Highlights of The Fluorescent Reflective Vest Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Have Pockets
- No Pockets
- By Application:
- Construction Site
- Traffic Command
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fluorescent Reflective Vest Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A fluorescent reflective vest is a type of safety clothing that helps protect people from injuries caused by traffic collisions. The vest is made of brightly colored fabric and contains small, light-emitting diodes (LEDs). When the LEDs are activated, they create a bright glow that can be seen by drivers in cars or on foot. This makes it easier for drivers to see pedestrians and other cyclists who are crossing the street, reducing the risk of accidents.
Some of the major players in the fluorescent reflective vest market are Carolina Glove Co, Tech Products, Robinson Windword, The Reflectory, The Brush Man, SPC Mfg, Guardway Corp, QM Reflective, China Reflective, Safety Master, PeerBasics, SULWZM, Neiko, Stalwart, Price.
The fluorescent reflective vest market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fluorescent Reflective Vest Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fluorescent Reflective Vest Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fluorescent Reflective Vest Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fluorescent Reflective Vest Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fluorescent Reflective Vest Market Size & Forecast, 2020-2028
4.5.1 Fluorescent Reflective Vest Market Size and Y-o-Y Growth
4.5.2 Fluorescent Reflective Vest Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Have Pockets
5.2.2 No Pockets
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Construction Site
6.2.2 Traffic Command
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fluorescent Reflective Vest Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fluorescent Reflective Vest Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Have Pockets
9.6.2 No Pockets
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Construction Site
9.10.2 Traffic Command
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Have Pockets
10.6.2 No Pockets
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Construction Site
10.10.2 Traffic Command
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Have Pockets
11.6.2 No Pockets
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Construction Site
11.10.2 Traffic Command
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Have Pockets
12.6.2 No Pockets
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Construction Site
12.10.2 Traffic Command
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Have Pockets
13.6.2 No Pockets
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Construction Site
13.10.2 Traffic Command
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fluorescent Reflective Vest Market: Competitive Dashboard
14.2 Global Fluorescent Reflective Vest Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carolina Glove Co
14.3.2 Tech Products
14.3.3 Robinson Windword
14.3.4 The Reflectory
14.3.5 The Brush Man
14.3.6 SPC Mfg
14.3.7 Guardway Corp
14.3.8 QM Reflective
14.3.9 China Reflective
14.3.10 Safety Master
14.3.11 PeerBasics
14.3.12 SULWZM
14.3.13 Neiko
14.3.14 Stalwart
14.3.15 Price
