Reflective Materials for Traffic Market size was valued at USD 5.23 Billion in 2024 and is forecasted to grow at a CAGR of 6% from 2026 to 2033, reaching USD 8.97 Billion by 2033.
Malaysia’s transportation sector has undergone a significant transformation with the enforcement of mandatory reflective materials for traffic safety. Since January 1, 2017, the Road Transport Department (JPJ) has mandated that all commercial vehicles with a gross vehicle weight (GVW) of 3,500 kg and above must install reflectors complying with the Malaysian Standard MS 828:2011. Non-compliance results in a RM300 fine and an immediate directive to install the required reflectors.
Reflective materials for traffic market have become essential, especially for heavy vehicles like lorries and buses. These vehicles are now required to have rear and side markings made from high-quality retroreflective materials to ensure visibility during nighttime and adverse weather conditions. The standard specifies photometric requirements, including retroreflection coefficients of 300 cd/m²·lx for yellow and 120 cd/m²·lx for red materials.
Only products certified by SIRIM, such as those from 3M Malaysia and Orafol Reflective Solutions, meet these stringent standards. These reflectors are available at Puspakom branches, priced between RM60 and RM80. The installation guidelines also dictate specific placement on vehicles: side markings on both sides and rear markings for vans and buses, ensuring uniformity and maximum visibility.
In my experience working with logistics companies, the transition to compliant reflective materials has not only enhanced road safety but also streamlined vehicle inspections. The clarity and brightness of these materials significantly reduce the risk of nighttime accidents, a concern previously raised by many fleet operators.
Furthermore, the industry has seen a surge in demand for high-visibility clothing adhering to MS 1731:2004 standards. These garments, designed for workers in hazardous environments, incorporate retroreflective materials to enhance visibility, ensuring safety during both day and night operations.
The emphasis on reflective materials extends to road signage as well. The Public Works Department (JKR) specifies the use of High-Intensity Prismatic (HIP) and Diamond Grade (DG) sheeting for road signs. These materials, known for their superior retroreflective properties, ensure that signs remain visible under various lighting conditions, contributing to overall road safety.
As Malaysia continues to prioritize road safety, the reflective materials for traffic market is poised for growth. Industries must stay abreast of these regulations and invest in compliant materials to ensure the safety of all road users.
Get an In-Depth Research Analysis of the Malaysia Reflective Materials for Traffic Market Size And Forecast [2025-2032]
3M
Avery Dennison
Daoming Optics & Chemical
ORAFOL
Jinsung Corporation
Reflomax
KIWA Chemical Industries
MNTech
Yeshili NEW Materials
DM Reflective
Viz Reflectives
Huarsheng
By 2030, Malaysia is expected to witness significant momentum in the market research industry, aligning with the global projection of surpassing $120 billion, driven by a compound annual growth rate (CAGR) of over 5.8% from 2023 to 2030. The industry in Malaysia is being reshaped by technological disruptions, particularly through the adoption of machine learning, artificial intelligence, and advanced data analytics. These technologies provide businesses with predictive analysis and real-time consumer insights, enabling smarter and more precise decision-making. As part of the broader Asia-Pacific region, Malaysia is positioned to contribute substantially to the over 35% revenue growth expected from this region. Additionally, the adoption of innovative techniques such as mobile surveys, social listening, and online panels is rapidly gaining ground in Malaysia, emphasizing speed, precision, and customization, and driving a new era of data-driven strategies across industries.
Get Discount On The Purchase of the Malaysia Reflective Materials for Traffic Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Malaysia Reflective Materials for Traffic Market
Passenger Vehicles
Commercial Vehicles
Two-Wheelers
Electric Vehicles
Personal Use
Business Use
Delivery Services
Ride-sharing Services
Age Groups
Income Levels
Family Size
Education Levels
Driving Habits
Travel Frequency
Tech Savvy
Environmental Awareness
Short-Distance Commuters
Long-Distance Travel
Urban Dwellers
Rural Residents
1. Singapore
Relationship: Strong economic ties; major trading partner.
Highlights: Advanced financial and logistics hub; shares deep cross-border business and travel links with Malaysia.
2. Indonesia
Relationship: Largest ASEAN economy; close cultural and linguistic ties.
Highlights: Major market for Malaysian exports; shared initiatives in palm oil, labor, and regional security.
3. Thailand
Relationship: Land-border neighbor with active cross-border trade.
Highlights: Strong tourism, agricultural, and automotive collaboration.
4. Brunei
Relationship: Close diplomatic and energy-sector ties.
Highlights: Joint ventures in oil & gas; similar Malay cultural heritage.
5. Philippines
Relationship: Regional partner in ASEAN; maritime neighbor.
Highlights: Collaborations in education, labor migration, and disaster relief.
6. Vietnam
Relationship: Growing trade and investment partner.
Highlights: Rising manufacturing hub; strong demand for Malaysian technology and services.
7. Cambodia, Laos, and Myanmar
Relationship: Developing ASEAN members with growing economic ties to Malaysia.
Highlights: Opportunities in construction, retail, and financial services.
For More Information or Query, Visit @ Malaysia Reflective Materials for Traffic Market Research Analysis
1. Introduction of the Malaysia Reflective Materials for Traffic Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Malaysia Reflective Materials for Traffic Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Malaysia Reflective Materials for Traffic Market, By Type
6. Malaysia Reflective Materials for Traffic Market, By Application
7. Malaysia Reflective Materials for Traffic Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia
Vietnam
8. Malaysia Reflective Materials for Traffic Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/