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According to the latest research, the global Traffic Cone market size was valued at USD 176.13 million in 2022 and is expected to expand at a CAGR of 3.94% during the forecast period, reaching USD 222.05 million by 2028.
Traffic cones are usually cone-shaped markers that are placed on roads or footpaths to temporarily redirect traffic in a safe manner. They are often used to create separation or merge lanes during road construction projects or automobile accidents.
The COVID-19 pandemic has changed the way people live and work all over the world. The local organizations involved in the establishment and management of coronavirus detection sites in hospitals, have increased demand for traffic cones and markings, roadblocks and various signs. Due to the limitation of social distance, enterprises and municipal authorities that have to adjust working hours or restrict cars and pedestrians from entering buildings, schools, parking lots and parks also need signs and safety products.
In order to curb the COVID-19 epidemic, most countries have introduced many policies, including border blockade and social distancing. The epidemic prevention and control measures will affect the flow of people and activities, and in turn affect logistics, making the production of manufacturing affected by the supply of raw materials and labor shortages.
For the Traffic Cone industry, the blockade policy will affect the supply of raw materials and export trade of products. The social distancing policy may have a great impact on the production of products, especially for some small factories, they will spend more money to maintain production during the epidemic, and factories may face the risk of closure in some areas. With the gradual control of the epidemic, some factories began to resume operation. However, while operating production, enterprises need to protect the life and health of employees, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after the production, and testing the body temperature of employees every day to ensure the health of employees. These measures will increase the production cost of enterprises and affect the development of enterprises.
The COVID-19 epidemic has both good and bad effects on Traffic Cone industry. But in the long term, the COVID-19 outbreak may cause more factories to start using more automated production lines to avoid the pandemic's impact on the industry. In addition, the application of IoT technology may also bring more opportunities for industry participants.
The convenience of Internet and the development of e-commerce
With the rapid development of e-commerce industry, many industries have developed the synchronous operation mode of online websites and offline stores, and Traffic Cone industry have joined in. Online sales websites reduce many business components, including employees, procurement costs, telephone calls, data input, and requirements for opening physical stores, thus reducing transaction costs; Business management becomes easier: compared with traditional physical store management, online sales websites are easier to record store inventory, transportation, logs and overall business transactions. Online sales website also provides real-time update function, which can explore all the latest business trends, communicate with customers in time, solve problems and improve customer satisfaction. Many dealers choose to receive goods online, and orders can be tracked and managed online. The convenience of Internet and the development of e-commerce have promoted the demand growth of Traffic Cone industry.
The fluctuation of raw material prices will bring certain influence to Traffic Cone industry
The bottom of traffic cones is flat, which makes them stand on the road stably. And the weight and height are perfectly designed to ensure that they will not be blown away by the wind due to air or vehicles. The reasons are flexible polymer, polyvinyl chloride, plasticizer and so on. The tapered part of the traffic cone is usually hollow. Traffic Cone' s raw materials include polyethylene, polyvinyl chloride, etc. The fluctuation of raw material prices will bring certain influence to Traffic Cone industry. The rising price of raw materials will increase the production cost of enterprises.
Competition in the industry is fierce
For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry. Having an understanding of industry rivals is vital to successfully market a product. Positioning pertains to how the public perceives a product and distinguishes it from competitors. A business must be aware of its competitors marketing strategy and pricing and also be reactive to any changes made. The Traffic Cone industry is facing a fierce competitive position. Many companies have been doing business in this industry. They pay more attention to R&D, product innovation, channel construction and customer relationship management, trying to gain greater market share and competitive advantage.
Region Overview:
In 2022, the share of the Traffic Cone market in Asia Pacific stood at 33.96%.
Company Overview:
Honeywell is one of the major players operating in the Traffic Cone market, holding a share of 3.61% in 2023.
Honeywell
Honeywell is a Fortune 100 company that invents and manufactures technologies to address tough challenges linked to global macrotrends such as safety, security, and energy. With approximately 110,000 employees worldwide, including more than 19,000 engineers and scientists, Honeywell have an unrelenting focus on quality, delivery, value, and technology.
TrafFix Devices
TrafFix Devices, Inc. is a 36-year-old manufacturer of traffic control devices and crash attenuation products. Its corporate headquarters are in sunny Southern California, TrafFix Devices also have manufacturing locations in Fairfield, Iowa; Adelanto, CA; and Tijuana, Mexico.
Segmentation Overview:
Among different product types, PVC segment is anticipated to contribute the largest market share in 2028.
Application Overview:
The market's largest segment by application is the segment Building Roads, with a market share of 85.16% in 2022.
This report elaborates on the market size, market characteristics, and market growth of the Traffic Cone industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Traffic Cone. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Traffic Cone Market Report Include:
Market Size Estimates: Traffic Cone market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Traffic Cone market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Traffic Cone market
Segment Market Analysis: Traffic Cone market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Traffic Cone market situations and prospects in major and top regions and countries
Traffic Cone Market
Traffic Cone Industry Chain: Traffic Cone market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Traffic Cone Industry News, Policies by regions
Traffic Cone Industry Porters Five Forces Analysis
Key players in the global Traffic Cone market are covered in Chapter 2:
Lakeside Plastics, Inc.
Nissen Group
Honeywell
JBC Safety Plastic, Inc.
Vestil Manufacturing Corporation
3M
Melba Swintex
Tolco Corporation
Skipper TM Ltd.
Roadtech Manufacturing
TrafFix Devices
Brady Corporation
OTC
Cortina Companies
Plasticade
In Chapter 6 and Chapter 9, on the basis of types, the Traffic Cone market from 2018 to 2028 is primarily split into:
PE
PVC
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Traffic Cone market from 2018 to 2028 covers:
Car
Building Roads
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Traffic Cone market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Traffic Cone industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Traffic Cone market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Traffic Cone industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Traffic Cone market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Traffic Cone market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Traffic Cone market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Traffic cones are usually cone-shaped markers that are placed on roads or footpaths to temporarily redirect traffic in a safe manner. They are often used to create separation or merge lanes during road construction projects or automobile accidents.
The COVID-19 pandemic has changed the way people live and work all over the world. The local organizations involved in the establishment and management of coronavirus detection sites in hospitals, have increased demand for traffic cones and markings, roadblocks and various signs. Due to the limitation of social distance, enterprises and municipal authorities that have to adjust working hours or restrict cars and pedestrians from entering buildings, schools, parking lots and parks also need signs and safety products.
In order to curb the COVID-19 epidemic, most countries have introduced many policies, including border blockade and social distancing. The epidemic prevention and control measures will affect the flow of people and activities, and in turn affect logistics, making the production of manufacturing affected by the supply of raw materials and labor shortages.
For the Traffic Cone industry, the blockade policy will affect the supply of raw materials and export trade of products. The social distancing policy may have a great impact on the production of products, especially for some small factories, they will spend more money to maintain production during the epidemic, and factories may face the risk of closure in some areas. With the gradual control of the epidemic, some factories began to resume operation. However, while operating production, enterprises need to protect the life and health of employees, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after the production, and testing the body temperature of employees every day to ensure the health of employees. These measures will increase the production cost of enterprises and affect the development of enterprises.
The COVID-19 epidemic has both good and bad effects on Traffic Cone industry. But in the long term, the COVID-19 outbreak may cause more factories to start using more automated production lines to avoid the pandemic's impact on the industry. In addition, the application of IoT technology may also bring more opportunities for industry participants.
The convenience of Internet and the development of e-commerce
With the rapid development of e-commerce industry, many industries have developed the synchronous operation mode of online websites and offline stores, and Traffic Cone industry have joined in. Online sales websites reduce many business components, including employees, procurement costs, telephone calls, data input, and requirements for opening physical stores, thus reducing transaction costs; Business management becomes easier: compared with traditional physical store management, online sales websites are easier to record store inventory, transportation, logs and overall business transactions. Online sales website also provides real-time update function, which can explore all the latest business trends, communicate with customers in time, solve problems and improve customer satisfaction. Many dealers choose to receive goods online, and orders can be tracked and managed online. The convenience of Internet and the development of e-commerce have promoted the demand growth of Traffic Cone industry.
The fluctuation of raw material prices will bring certain influence to Traffic Cone industry
The bottom of traffic cones is flat, which makes them stand on the road stably. And the weight and height are perfectly designed to ensure that they will not be blown away by the wind due to air or vehicles. The reasons are flexible polymer, polyvinyl chloride, plasticizer and so on. The tapered part of the traffic cone is usually hollow. Traffic Cone' s raw materials include polyethylene, polyvinyl chloride, etc. The fluctuation of raw material prices will bring certain influence to Traffic Cone industry. The rising price of raw materials will increase the production cost of enterprises.
Competition in the industry is fierce
For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry. Having an understanding of industry rivals is vital to successfully market a product. Positioning pertains to how the public perceives a product and distinguishes it from competitors. A business must be aware of its competitors marketing strategy and pricing and also be reactive to any changes made. The Traffic Cone industry is facing a fierce competitive position. Many companies have been doing business in this industry. They pay more attention to R&D, product innovation, channel construction and customer relationship management, trying to gain greater market share and competitive advantage.
Region Overview:
In 2022, the share of the Traffic Cone market in Asia Pacific stood at 33.96%.
Company Overview:
Honeywell is one of the major players operating in the Traffic Cone market, holding a share of 3.61% in 2023.
Honeywell
Honeywell is a Fortune 100 company that invents and manufactures technologies to address tough challenges linked to global macrotrends such as safety, security, and energy. With approximately 110,000 employees worldwide, including more than 19,000 engineers and scientists, Honeywell have an unrelenting focus on quality, delivery, value, and technology.
TrafFix Devices
TrafFix Devices, Inc. is a 36-year-old manufacturer of traffic control devices and crash attenuation products. Its corporate headquarters are in sunny Southern California, TrafFix Devices also have manufacturing locations in Fairfield, Iowa; Adelanto, CA; and Tijuana, Mexico.
Segmentation Overview:
Among different product types, PVC segment is anticipated to contribute the largest market share in 2028.
Application Overview:
The market's largest segment by application is the segment Building Roads, with a market share of 85.16% in 2022.
This report elaborates on the market size, market characteristics, and market growth of the Traffic Cone industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Traffic Cone. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Traffic Cone Market Report Include:
Market Size Estimates: Traffic Cone market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Traffic Cone market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Traffic Cone market
Segment Market Analysis: Traffic Cone market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Traffic Cone market situations and prospects in major and top regions and countries
Traffic Cone Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Traffic Cone Industry Chain: Traffic Cone market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Traffic Cone Industry News, Policies by regions
Traffic Cone Industry Porters Five Forces Analysis
Key players in the global Traffic Cone market are covered in Chapter 2:
Lakeside Plastics, Inc.
Nissen Group
Honeywell
JBC Safety Plastic, Inc.
Vestil Manufacturing Corporation
3M
Melba Swintex
Tolco Corporation
Skipper TM Ltd.
Roadtech Manufacturing
TrafFix Devices
Brady Corporation
OTC
Cortina Companies
Plasticade
In Chapter 6 and Chapter 9, on the basis of types, the Traffic Cone market from 2018 to 2028 is primarily split into:
PE
PVC
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Traffic Cone market from 2018 to 2028 covers:
Car
Building Roads
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Traffic Cone market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Traffic Cone industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Traffic Cone market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Traffic Cone industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Traffic Cone market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Traffic Cone market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Traffic Cone market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
