At present, reflective materials are mainly used in three fields, such as road traffic, automobile, outdoor advertising, and so on. With the development of our country in recent years, these three fields have developed rapidly, and the market of civil reflective materials is gradually expanding. Therefore, in the future, there is still a lot of space for the reflective material industry, and the market size will develop rapidly. The annual growth rate is expected to be around 10%, and the prospect is still available. China's reflective materials industry will present the following seven main trends.
First, the technology of reflective materials has developed rapidly. The technology of China's reflective material industry is gradually improving, and constantly innovating, which plays a positive role in the development of the whole domestic reflective material industry.
Secondly, the market promotes the development of the reflective material industry. As the quality of the homemade reflective materials is getting better and better, plus the high price contrast with the foreign brands, the domestic reflective materials will gradually win more market share in the competition.
Third, enterprises continue to scale up. As the profits of the enterprises increase gradually, the production scale of the reflective materials enterprises will grow continuously, the scale has grown, the technical force is also stronger, and the quality of the reflective materials will become better, thus forming a virtuous cycle.
Fourthly, various publicity promotes the development of domestic reflective materials industry. Through publicity to expand the visibility of products and enterprises, the development prospect of domestic reflective materials industry will be broader.
Fifth, it extends from the special market to the civil market. With the increasing demand of reflective products, the reflective materials, originally used mainly in the field of traffic, began to expand to the field of personal safety protection, which will greatly promote the civil development of the reflective materials.
Its six, single functional application, combined with functional and epidemic development, further caters to the daily consumption needs of the masses.
Finally, the reflective materials enterprises expand from production to safety protection, like the safety vest, gradually provide safety protection product solutions, give customers more choice and better service.