Global Automotive Wrap Films Market Growth 2023-2029

Global Automotive Wrap Films Market Growth 2023-2029

Automotive Wrap 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

These films are primarily used for the purposes – first being to change or enhance the appearance of a vehicle and the second being to safeguard the original paint from dust and corrosion. One single wrap on a vehicle can last up to five years – making it a relatively affordable option. Continuous growth in the Pre-owned car markets has also led to the increase in demand of wrap films as the major scratches, improper paint and other defects can be made unnoticeable with the help of the wrap films. Globally, automotive wrap films witness significant demand, due to rising consumer interest towards paint protection and colour change films.
LPI (LP Information)' newest research report, the “Automotive Wrap Films Industry Forecast” looks at past sales and reviews total world Automotive Wrap Films sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Wrap Films sales for 2023 through 2029. With Automotive Wrap Films sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Wrap Films industry.
This Insight Report provides a comprehensive analysis of the global Automotive Wrap Films 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 Wrap Films portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Wrap Films market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Wrap Films 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 Wrap Films.
The global Automotive Wrap Films market size is projected to grow from US$ 3493.9 million in 2022 to US$ 7590.9 million in 2029; it is expected to grow at a CAGR of 7590.9 from 2023 to 2029.
3M, Avery Dennison and Orafol Group are the major manufacturers of automotive packaging film, with the top three accounting for about 50% of the market share.
North America is the largest market, accounting for about 35%, followed by Europe with about 25%.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Wrap Films market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Cast Film
Calendered Film
Segmentation by application
Light Duty Vehicle
Medium Duty Vehicle
Heavy Duty Vehicle
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 Wrap Films market?
What factors are driving Automotive Wrap Films market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Wrap Films market opportunities vary by end market size?
How does Automotive Wrap Films 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.