Market Overview:
The global high visibility products market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing awareness about safety and security among consumers, rising demand for high visibility products in transportation and construction applications, and growing industrialization in emerging economies. Based on type, the global high visibility products market is segmented into clothing and equipment. The clothing segment accounted for a major share of the global high visibility products market in 2017 and is expected to grow at a CAGR of 5.8% during the forecast period 2018-2030. This can be attributed to the increasing demand for hi-visibility apparel from transportation sector across different regions worldwide. Based on application, the global high visibility products market is segmented into transportation, construction, industry, and others (including healthcare & hospitality).
Product Definition:
High visibility products are items that are designed to increase the visibility of the person wearing them. This can be done through increasing the amount of light that is reflected off of the product, or by adding reflective materials to it. The purpose of high visibility products is to increase safety for people who are working or playing in low-light conditions.
Clothing:
Clothing is the protective covering that protects the human body from cold, heat, and UV radiation. The clothing industry has been witnessing significant growth over the past few years on account of rising population in emerging economies such as China and India. Increasing disposable income coupled with changing consumer lifestyle is expected to drive clothing demand over the forecast period.
Equipment:
Equipment is the machinery or devices used for manufacturing high visibility products. It includes all the tools and machines that are necessary to produce any product or part of a product. The equipment can be categorized into two types on the basis of size and usage, namely small shop equipment and large industrial equipment. Small shop equipment include drills, saws, routers table/planers, grinders etc., whereas large industrial equipments include welding machines, compressors etc.
Application Insights:
The transportation application segment led the global high visibility products market in 2017. The use of high visibility clothing and accessories is mandatory by law in several road vehicles to improve safety for all road users, especially pedestrians. Furthermore, the rising number of road accidents has resulted in increased demand for safety equipment such as reflective materials and retro-reflective paints which are used on roadsides and across vehicle bodies to increase visibility.
Construction is one of the major applications driving growth across regions owing to increasing investments from governments as well as private companies in various construction projects such as railway networks, airports, bridges & tunnels etc.
Regional Analysis:
Europe was the largest market for high visibility products, accounting for more than 35% of global revenue in 2017. The region is expected to continue its dominance over the forecast period. Europe has been witnessing increasing cases of workplace fatalities due to lack of safety equipment such as high visibility vests and helmets. This factor is anticipated to spur product demand in construction, transportation and industrial applications across countries including Germany, France, Italy and U.K., among others over the next eight years.
Asia Pacific is projected to be one of the fastest-growing markets with a CAGR exceeding 6% from 2018 to 2030 owing herringbone pattern being compulsory wear in Japan since April 15th every year known as Fire Prevention Day which makes it mandatory for workers’ clothing including uniforms & protective gear such as hi-visibility garments must be worn during work hours by employers or they will face penalties or even imprisonment along with payment of compensation by authorities responsible under Work Safety Law (Japan).
Growth Factors:
- Increasing demand for safety and security products
- Rising awareness about the benefits of high visibility products
- Growing popularity of outdoor activities and sports
- Technological advancements in the field of high visibility products
- Proliferation of online retailing
Scope Of The Report
Report Attributes
Report Details
Report Title
High Visibility Products Market Research Report
By Type
Clothing, Equipment
By Application
Transportation, Construction, Industry
By Companies
M, Denki Kagaku, Avery Dennison, ORAFOL, DM Reflective Material
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global High Visibility Products Market Report Segments:
The global High Visibility Products market is segmented on the basis of:
Types
Clothing, Equipment
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
Transportation, Construction, Industry
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:
- M
- Denki Kagaku
- Avery Dennison
- ORAFOL
- DM Reflective Material
Highlights of The High Visibility Products 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:
- Clothing
- Equipment
- By Application:
- Transportation
- Construction
- Industry
- 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 High Visibility Products 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?
High Visibility Products is a company that manufactures and sells products that are designed to make the user stand out from the crowd. These products can be anything from clothing to accessories, and they are often brightly colored or patterned in order to make them more visible.
Some of the major companies in the high visibility products market are M, Denki Kagaku, Avery Dennison, ORAFOL, DM Reflective Material.
The high visibility products 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 High Visibility Products 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 High Visibility Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Visibility Products 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 High Visibility Products 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 High Visibility Products Market Size & Forecast, 2020-2028
4.5.1 High Visibility Products Market Size and Y-o-Y Growth
4.5.2 High Visibility Products 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 Clothing
5.2.2 Equipment
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 Transportation
6.2.2 Construction
6.2.3 Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Visibility Products 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 High Visibility Products 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 Clothing
9.6.2 Equipment
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 Transportation
9.10.2 Construction
9.10.3 Industry
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 Clothing
10.6.2 Equipment
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 Transportation
10.10.2 Construction
10.10.3 Industry
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 Clothing
11.6.2 Equipment
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 Transportation
11.10.2 Construction
11.10.3 Industry
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 Clothing
12.6.2 Equipment
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 Transportation
12.10.2 Construction
12.10.3 Industry
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 Clothing
13.6.2 Equipment
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 Transportation
13.10.2 Construction
13.10.3 Industry
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 High Visibility Products Market: Competitive Dashboard
14.2 Global High Visibility Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 Denki Kagaku
14.3.3 Avery Dennison
14.3.4 ORAFOL
14.3.5 DM Reflective Material
