The rise in the number of safety issues in various fields such as road accident, construction work, training activities among others is increasing the demand for safety cones globally. Safety cones can be defined as a cone shape marker that is designed to be placed on footpaths, roads, playfields and other areas to temporarily redirect traffic and prevent loss of lives.
Safety cones help to streamline traffic and they also used as spot marker for various training exercises. The cones are capable of not getting knocked down by winds. The directions of the cones are reversible so a left bend becomes right bend when flipped around. This, in turn, is anticipated to heighten the sales of safety cones across the globe.
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Safety Cones Market- Drivers
The factors that are driving the safety cones market may involve augmented awareness regarding human safety, globalization of cones industries, rising applications, constant innovations such as attractiveness, high visibility during the night and the rise in investments by the leading manufacturers. Alternate factors that can be attributed with the robust growth in the market are functionality enhancements like lightweight, extremely durable, portable and highly distinctive. It has been noticed that several companies manufacturing safety cones capitalize on these opportunities and all mentioned factors are responsible for raising the demands among the customers and end users.
Safety Cones market- Restraints
However, some factors restraining the growth of the safety cones market include their huge size, low reflection intensity of cones, can damage vehicles, low-quality manufacturing material and improper distribution channels in small economies.
Competitive landscape:
The key players operating in the safety cones market are recognized as:
- 3M
- Honeywell
- Ergodyne
- The Traffic Safety Store
- Emedco
- Fastenal
- Global Industrial
- Highway Signals
- MCR Safety
- MSC Industrial Direct
- Pexco Davidson Traffic Control Products
- RoadSafe Traffic Systems
- Roadtech Manufacturing
- Safety Cones USA
- Safety Smart Gear
- SA-SO
- STHIL
- Tamis
- The Cortina Companies
- Traffic Safety and Supply Company
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study.
Global Safety Cones Market Segmentation
Global Safety Cones market segmentation includes product type, material type, cones height, safety applications, distribution channel, and regions
Can be segmented on the basis of product type as:
- Collapsible Safety Cones
- Traffic Cones
- Safety Cones with Band
Can be segmented on the basis of the material type as:
- PVC
- Nylon
- Polyethylene
- Vinyl
- Others
Can be segmented on the basis of application as:
- Athletic events
- Construction areas
- Street work areas
- Parking lot
- Highways
Can be segmented on the basis of heights as:
- Height <12 in
- 12 in-28 in
- 28 in-36 in
- >36 in
Can be segmented on the basis of sales channel as:
- Modern trade channel (Walmart)
- Retail shop
- Third-party online channel
- Safety Specialty Store
Can be segmented on the basis of regions as:
- North America
- Latin America
- Europe
- CIS & Russia
- Japan
- APEJ
- MEA
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Questionnaire answered in the Market outlook Report of Safety Cones include:
- What is the key strategy deployed by large players to maximize Safety Cones Market growth?
- What are the main challenges faced by players in the Safety Cones market Demand?
- With the advent of technological advancement, how will the Safety Cones market landscape change over the forecast period?
- What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Safety Cones market size?
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