Global Automotive Film Market Growth 2023-2029
Automotive Films is long-term, removable, dual cast films designed for solid color passenger vehicle detailing, decoration and full wraps and provide excellent opacity to hide high-contrast surfaces.
LPI (LP Information)' newest research report, the “Automotive Film Industry Forecast” looks at past sales and reviews total world Automotive Film sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Film sales for 2023 through 2029. With Automotive Film sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Film industry.
This Insight Report provides a comprehensive analysis of the global Automotive Film landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Film portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Film market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Film and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Film.
The global Automotive Film market size is projected to grow from US$ 4377.1 million in 2022 to US$ 5426.4 million in 2029; it is expected to grow at a CAGR of 5426.4 from 2023 to 2029.
North America accounted for the majority of the revenue share in 2016 owing to the high demand for tinting, paint protection and wraps. This can be attributed to the increasing application of wraps for personalization of the vehicles in the region coupled with low vehicle maintenance cost associated with vehicles using paint protection films.
Growing demand for the product in developing economies of Asia Pacific is expected to drive market growth as the cost of the product is declining with increasing consumer awareness with respect to the benefits offered by the product. Furthermore, demand for smooth vehicle performance is expected to aid the growth for NVH laminates.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Film market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Tinting Films
Paint Protection Films
NVH Film Laminates
Segmentation by application
OEM
Aftermarket
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
3M
Avery Dennison
Orafol Group
Ritrama
Vvivid Vinyl
Arlon Graphics
Hexis
KPMF
Guangzhou Carbins
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Film market?
What factors are driving Automotive Film market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Film market opportunities vary by end market size?
How does Automotive Film break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.