Reflective Fabric Market to See Major Growth Driven by Occupational and Recreational Apparel Demand
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Occupational Apparel segment expected to drive growth at 15.6% CAGR as reflective fabrics enhance visibility and safety.
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Recreational Apparel segment also poised for significant growth at 13.6% CAGR as reflective fabrics improve visibility during outdoor activities.
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U.S. market valued at $440.5 million in 2022; China market to grow at 18.8% CAGR to $1.1 billion by 2030.
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Key players include 3M, Avery Dennison, Hangzhou Chinastars Reflective Material, and Jinsung Corporation.
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Global expansion seen in Japan, Canada, Germany, and Europe overall from 2022 to 2030.