Global Automotive Wrap Films Market 2023-2029
According to the latest research, the global automotive wrap films market is poised to grow by USD 15.8 billion during 2023-2029, progressing at a CAGR of 21.18% during the forecast period. Automotive wrap films are a popular alternative to traditional paint jobs as they are more affordable and can be applied much faster. They can also be easily removed or changed if the owner wants to update the vehicle's look. In addition to their aesthetic benefits, wrap films can also protect the underlying paint from scratches, chips, and other damage caused by road debris and weather conditions.Automotive wrap films are a popular alternative to traditional paint jobs as they are more affordable and can be applied much faster. They can also be easily removed or changed if the owner wants to update the vehicle's look. In addition to their aesthetic benefits, wrap films can also protect the underlying paint from scratches, chips, and other damage caused by road debris and weather conditions.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global automotive wrap films market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, vehicle type, distribution channel, and region. The global market for automotive wrap films can be segmented by product: cast film, calendered film. Globally, the cast film segment made up the largest share of the automotive wrap films market. Automotive wrap films market is further segmented by vehicle type: passenger cars, LCV, HCV. The passenger cars segment captured the largest share of the market in 2022. Based on distribution channel, the automotive wrap films market is segmented into: online, offline. According to the research, the offline segment had the largest share in the global automotive wrap films market. On the basis of region, the automotive wrap films market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America held the largest revenue share in 2022.
The offline market is further segmented into direct, indirect. The indirect segment was the largest contributor to the global automotive wrap films market in 2022.
Market Segmentation
By product: cast film, calendered film
By vehicle type: passenger cars, LCV, HCV
By distribution channel: online, offline
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The global automotive wrap films market report offers detailed information on several market vendors, including 3M Company, Arlon Graphics, LLC, Avery Dennison Corporation, HEXIS S.A.S., Kay Premium Marking Films Ltd., ORAFOL Europe GmbH, Guangzhou Carbins Film Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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