Global Automotive Wrap Films Market 2024-2028
Technavio has been monitoring the automotive wrap films market and is forecast to grow by USD 10139.2 mn during 2023-2028, accelerating at a CAGR of 21.84% during the forecast period. Our report on the automotive wrap films market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advertisements on automotive wrap films help capture audience attention, significant cost reduction in comparison to re-spraying and traditional advertising, and automotive wrap films increasing the resale value of automobiles.
Technavio's automotive wrap films market is segmented as below:
By Application
- Light-duty vehicles
- Medium-duty vehicles
- Heavy-duty vehicles
By Type
By Geography
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the automotive wrap films: a business advertising medium as one of the prime reasons driving the automotive wrap films market growth during the next few years. Also, growing popularity of motorsports and emergence of car wrap simulation apps will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the automotive wrap films market covers the following areas:
- Automotive wrap films market sizing
- Automotive wrap films market forecast
- Automotive wrap films market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive wrap films market vendors that include 3M Co., A.P.A. Spa, ACI Dynamix, ADS Window Films Ltd., Arlon Graphics LLC, Avery Dennison Corp., Compagnie de Saint Gobain, Eastman Chemical Co., Exotic Vehicle Wraps, FILMTACK Pte. Ltd., FOLIATEC Bohm GmbH and Co. Vertriebs KG, Garware Hi Tech Films Ltd., Global Pet Films Inc., HEXIS SAS, Johnson Window Films Inc., LINTEC Corp., NEXFIL Co. Ltd., ORAFOL Europe GmbH, Rayno Window Film, and VViViD Vinyl Inc.. Also, the automotive wrap films market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.