Published by Persistence MarketResearch
Posted on October 2, 2021
4 min readLast updated: February 1, 2026
The road marking equipment market is set to grow at a 6% CAGR by 2031, driven by increased road safety standards and infrastructure development.
As per Persistence Market Research analysis, the global road marking equipment market is projected to be valued at around US$ 1.1 Bn in 2021, expanding at a CAGR of around 6% over the next ten years. Growing road infrastructure and rising standards for road safety are factors driving demand for road marking equipment.
The ongoing crisis caused by the COVID-19 pandemic has resulted in the disruption of supply chain networks and manufacturing activities. Though sales of road marking equipment are understood to have plummeted during the initial stages of the pandemic, with regional manufacturing sector operations reviving toward threshold rates, the market is expected to recover sharply over the coming years.
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Key Takeaways from Market Study
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“Implementation of new as well as delayed road construction projects coupled with stricter road safety standards is anticipated to boost market growth over the coming years,” says a Persistence market Research analyst.
Competitive Landscape
The road marking equipment market is significantly fragmented, and the penetration of small regional players makes this space more competitive.
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Some of the key players in the market are Vogel Traffic Services (DBA EZ-Liner), Hofmann, Graco Inc., MRL Equipment Co., M-B Companies, BORUM A/S, The Weir Group plc, STiM, CMC s.r.l., Winter Markiertechnik GmbH, and Toyo Nainenki Kogyosha Co., Ltd. These players have higher shares in the global market, and have longstanding relationships with a number of end users for the supply of road marking equipment.
Find More Valuable Insights
The research report analyzes demand for road marking equipment. The global market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends, and market background.
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As per Persistence market Research’s scope, the market has been analyzed on the basis of type, coating type, technology, end use, and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply side and demand side.
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The post Road Marking Equipment Market expanding at a CAGR of around 6% over the 2031 appeared first on Lake Shore Gazette.
The article discusses the growth of the global road marking equipment market, projected to expand at a 6% CAGR by 2031.
How has COVID-19 impacted the market? The pandemic disrupted supply chains, but recovery is expected as manufacturing revives.
Which regions are experiencing growth? India, East Asia, and parts of Europe are seeing robust market growth.
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