Automotive Wrap Films Market – Global Industry Analysis and Forecast (2023-2029)


Global Automotive Wrap Films Market is expected to reach US$ 21.99 Bn by 2029, at a CAGR of 21.12% during the forecast period.

Automotive wrap films describes as completely or partially covering a vehicle's original paint with a vinyl wrap of a different colour, and sometimes the same colour with a differing finish like a gloss, matte or clear protective layer are graphic, which is used on the body of the vehicle for the purpose of protecting the vehicle from dust and corrosion.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by regionAutomotive Wrap Films MarketTo know about the Research Methodology:- Request Free Sample Report

Market Dynamics:

An increasing need for vehicle protection over hazards like rainfall, dust, and corrosion drives the market growth. The rapid expansion of the sign & graphics industry, changing consumer lifestyle with a rise in disposable income level also plays a major role in boosting the growth in the global automotive wrap films market. On the other hand, intense competition is seen in the automotive industry whereas cost and quality is expected to limit the growth in the global automotive wrap films market.

Consumer’s acceptance for solid color films including matte orange, matte black, green, blue, and pink is expected to increase the product demand. Additionally, textured finish, like wood grain, carbon fibre, brushed metal, and leather is being rapidly adopted in the European and North American countries. These factors will boost the growth in the global market.

The light-duty vehicles segment held the major share of the global automotive wrap film market and is expected to continue its dominance during the forecast period. Increasing demand for colourful graphics for personal cars, Sports Utility Vehicles (SUVs), and vans coupled with the opportunities for drivers to earn money through advertisements is expected to upswing automotive wrap film market.

Region-wise, The Asia Pacific is expected to hold a dominant position in the global market. The dominant position in the market is attributed to the increase in demand for vehicle customization, demand for small cars and the presence of major automotive hubs in the region. Growing population and disposable income levels in emerging economies like India and China are expected to boost the growth in the market. An increasing construction, transportation, and industrial sectors are expected to proliferation the overall sales of heavy-duty vehicles during the forecast period.

Automotive wrap films are used in an array of application like sports cars, non-traditional vehicles, and heavy equipment. The growing popularity of motorsports is one of the key trends in the global automotive wrap film market. Motorsports is one of the most popular competitive events. Automotive wrap films are used in motorsports to provide them an attractive look. Fire service vehicles and other emergency services, usage wrap films to increase visual impact.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments and, project the global automotive wrap films market. Report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.

Key Highlights:

Global Automotive Wrap Films Market analysis and forecast, in terms of value.

Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Automotive Wrap Films Market

Global Automotive Wrap Films Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

Automotive Wrap Films Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

Global market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Automotive Wrap Films Market are also profiled.

Automotive Wrap Films Market Scope: Inquire before buying






Automotive Wrap Films  Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2018 to 2022
Market Size in 2022:
US$ 5.75 Bn.




Forecast Period 2023 to 2029 CAGR:
21.12%
Market Size in 2029:
US$ 21.99 Bn.




 Segments Covered:
by Vehicle Type
Heavy Duty Vehicles
Light Duty Vehicles
Medium Duty Vehicles




by Application
Advertisement purpose
Safety purpose






Automotive Wrap Films Market by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina and Rest of South America)

Automotive Wrap Films Market Key players:

1. Avery Dennison Corporation
2. Eastman Chemical Company
3. Foliatec Bohm Gmbh & Co. Vertriebs Kg
4. Garware Polyester Limited
5. 3M Company
6. Ritrama S.p.A.
7. Ads Window Films Limited
8. Vvivid Vinyl
9. Arlon Graphics LLC
10.Orafol Group
11.Arlon Graphics, LLC
12.Hexis S.A.
13.Kay Premium Marking Films Ltd
14.Madico, Inc.
15.Nexfil Co, Ltd.
16.Prestige Film Technologies
17.JMR Graphics Inc.
18.ACI Dynamix,
19.Phantom Wrapz
20.Rvinyl

Frequently Asked Questions:

1. Which region has the largest share in Global Automotive Wrap Films Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Automotive Wrap Films Market?
Ans: The Global Automotive Wrap Films Market is growing at a CAGR of 21.12% during forecasting period 2023-2029.

3. What is scope of the Global Automotive Wrap Films market report?
Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Automotive Wrap Films market?
Ans: The important key players in the Global market are – Avery Dennison Corporation, Eastman Chemical Company, Foliatec Bohm Gmbh & Co. Vertriebs Kg, Garware Polyester Limited, 3M Company, Ritrama S.p.A., Ads Window Films Limited, Vvivid Vinyl, Arlon Graphics LLC, Orafol Group, Arlon Graphics, LLC, Hexis S.A., Kay Premium Marking Films Ltd, Madico, Inc., Nexfil Co, Ltd., Prestige Film Technologies, JMR Graphics Inc., ACI Dynamix,, Phantom Wrapz, Rvinyl, and

5. What is the study period of this market?
Ans: The Global market is studied from 2022 to 2029. 




Global Automotive Wrap Films Market

TOC
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Automotive Wrap Films Market Size, by Market Value (US$ Bn) and Volume (Units)

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
4.8. Patent Registration

5. Supply Side and Demand Side Indicators
6. Global Automotive Wrap Films Market Analysis and Forecast
6.1. Global Automotive Wrap Films Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America

7. Global Automotive Wrap Films Market Analysis and Forecast, by Vehicle Type
7.1. Introduction and Definition
7.2. Key Findings
7.3. Global Automotive Wrap Films Market Value Share Analysis, by Vehicle Type
7.4. Global Automotive Wrap Films Market Size (US$ Bn) Forecast, by Vehicle Type
7.5. Global Automotive Wrap Films Market Analysis, by Vehicle Type
7.6. Global Automotive Wrap Films Market Attractiveness Analysis, by Vehicle Type

8. Global Automotive Wrap Films Market Analysis and Forecast, by Application
8.1. Introduction and Definition
8.2. Key Findings
8.3. Global Automotive Wrap Films Market Value Share Analysis, by Application
8.4. Global Automotive Wrap Films Market Size (US$ Bn) Forecast, by Application
8.5. Global Automotive Wrap Films Market Analysis, by Application
8.6. Global Automotive Wrap Films Market Attractiveness Analysis, by Application

9. Global Automotive Wrap Films Market Analysis, by Region
9.1. Global Automotive Wrap Films Market Value Share Analysis, by Region
9.2. Global Automotive Wrap Films Market Size (US$ Bn) Forecast, by Region
9.3. Global Automotive Wrap Films Market Attractiveness Analysis, by Region

10. North America Automotive Wrap Films Market Analysis
10.1. Key Findings
10.2. North America Automotive Wrap Films Market Overview
10.3. North America Automotive Wrap Films Market Value Share Analysis, by Vehicle Type
10.4. North America Automotive Wrap Films Market Forecast, by Vehicle Type
10.4.1. Heavy Duty Vehicles
10.4.2. Light Duty Vehicles
10.4.3. Medium Duty Vehicle
10.5. North America Automotive Wrap Films Market Value Share Analysis, by Application
10.6. North America Automotive Wrap Films Market Forecast, by Application
10.6.1. Advertisement purpose
10.6.2. Safety purpose
10.7. North America Automotive Wrap Films Market Value Share Analysis, by Country
10.8. North America Automotive Wrap Films Market Forecast, by Country
10.8.1. U.S.
10.8.2. Canada
10.9. North America Automotive Wrap Films Market Analysis, by Country
10.10. U.S. Automotive Wrap Films Market Forecast, by Vehicle Type
10.10.1. Heavy Duty Vehicles
10.10.2. Light Duty Vehicles
10.10.3. Medium Duty Vehicle
10.11. U.S. Automotive Wrap Films Market Forecast, by Application
10.11.1. Advertisement purpose
10.11.2. Safety purpose
10.12. Canada Automotive Wrap Films Market Forecast, by Vehicle Type
10.12.1. Heavy Duty Vehicles
10.12.2. Light Duty Vehicles
10.12.3. Medium Duty Vehicle
10.13. Canada Automotive Wrap Films Market Forecast, by Application
10.13.1. Advertisement purpose
10.13.2. Safety purpose
10.14. North America Automotive Wrap Films Market Attractiveness Analysis
10.14.1. By Vehicle Type
10.14.2. By Application
10.15. PEST Analysis
10.16. Key Trends
10.17. Key Development

11. Europe Automotive Wrap Films Market Analysis
11.1. Key Findings
11.2. Europe Automotive Wrap Films Market Overview
11.3. Europe Automotive Wrap Films Market Value Share Analysis, by Vehicle Type
11.4. Europe Automotive Wrap Films Market Forecast, by Vehicle Type
11.4.1. Heavy Duty Vehicles
11.4.2. Light Duty Vehicles
11.4.3. Medium Duty Vehicle
11.5. Europe Automotive Wrap Films Market Value Share Analysis, by Application
11.6. Europe Automotive Wrap Films Market Forecast, by Application
11.6.1. Advertisement purpose
11.6.2. Safety purpose
11.7. Europe Automotive Wrap Films Market Value Share Analysis, by Country
11.8. Europe Automotive Wrap Films Market Forecast, by Country
11.8.1. Germany
11.8.2. U.K.
11.8.3. France
11.8.4. Italy
11.8.5. Spain
11.8.6. Rest of Europe
11.9. Europe Automotive Wrap Films Market Analysis, by Country
11.10. Germany Automotive Wrap Films Market Forecast, by Vehicle Type
11.10.1. Heavy Duty Vehicles
11.10.2. Light Duty Vehicles
11.10.3. Medium Duty Vehicle
11.11. Germany Automotive Wrap Films Market Forecast, by Application
11.11.1. Advertisement purpose
11.11.2. Safety purpose
11.12. U.K. Automotive Wrap Films Market Forecast, by Vehicle Type
11.12.1. Heavy Duty Vehicles
11.12.2. Light Duty Vehicles
11.12.3. Medium Duty Vehicle
11.13. U.K. Automotive Wrap Films Market Forecast, by Application
11.13.1. Advertisement purpose
11.13.2. Safety purpose
11.14. France Automotive Wrap Films Market Forecast, by Vehicle Type
11.14.1. Heavy Duty Vehicles
11.14.2. Light Duty Vehicles
11.14.3. Medium Duty Vehicle
11.15. France Automotive Wrap Films Market Forecast, by Application
11.15.1. Advertisement purpose
11.15.2. Safety purpose
11.16. Italy Automotive Wrap Films Market Forecast, by Vehicle Type
11.16.1. Heavy Duty Vehicles
11.16.2. Light Duty Vehicles
11.16.3. Medium Duty Vehicle
11.17. Italy Automotive Wrap Films Market Forecast, by Application
11.17.1. Advertisement purpose
11.17.2. Safety purpose
11.18. Spain Automotive Wrap Films Market Forecast, by Vehicle Type
11.18.1. Heavy Duty Vehicles
11.18.2. Light Duty Vehicles
11.18.3. Medium Duty Vehicle
11.19. Spain Automotive Wrap Films Market Forecast, by Application
11.19.1. Advertisement purpose
11.19.2. Safety purpose
11.20. Rest of Europe Automotive Wrap Films Market Forecast, by Vehicle Type
11.20.1. Heavy Duty Vehicles
11.20.2. Light Duty Vehicles
11.20.3. Medium Duty Vehicle
11.21. Rest of Europe Automotive Wrap Films Market Forecast, by Application
11.21.1. Advertisement purpose
11.21.2. Safety purpose
11.22. Europe Automotive Wrap Films Market Attractiveness Analysis
11.22.1. By Vehicle Type
11.22.2. By Application
11.23. PEST Analysis
11.24. Key Trend
11.25. Key Development

12. Asia Pacific Automotive Wrap Films Market Analysis
12.1. Key Findings
12.2. Asia Pacific Automotive Wrap Films Market Overview
12.3. Asia Pacific Automotive Wrap Films Market Value Share Analysis, by Vehicle Type
12.4. Asia Pacific Automotive Wrap Films Market Forecast, by Vehicle Type
12.4.1. Heavy Duty Vehicles
12.4.2. Light Duty Vehicles
12.4.3. Medium Duty Vehicle
12.5. Asia Pacific Automotive Wrap Films Market Value Share Analysis, by Application
12.6. Asia Pacific Automotive Wrap Films Market Forecast, by Application
12.6.1. Advertisement purpose
12.6.2. Safety purpose
12.7. Asia Pacific Automotive Wrap Films Market Value Share Analysis, by Country
12.8. Asia Pacific Automotive Wrap Films Market Forecast, by Country
12.8.1. China
12.8.2. India
12.8.3. Japan
12.8.4. ASEAN
12.8.5. Rest of Asia Pacific
12.9. Asia Pacific Automotive Wrap Films Market Analysis, by Country
12.10. China Automotive Wrap Films Market Forecast, by Vehicle Type
12.10.1. Heavy Duty Vehicles
12.10.2. Light Duty Vehicles
12.10.3. Medium Duty Vehicle
12.11. China Automotive Wrap Films Market Forecast, by Application
12.11.1. Advertisement purpose
12.11.2. Safety purpose
12.12. India Automotive Wrap Films Market Forecast, by Vehicle Type
12.12.1. Heavy Duty Vehicles
12.12.2. Light Duty Vehicles
12.12.3. Medium Duty Vehicle
12.13. India Automotive Wrap Films Market Forecast, by Application
12.13.1. Advertisement purpose
12.13.2. Safety purpose
12.14. Japan Automotive Wrap Films Market Forecast, by Vehicle Type
12.14.1. Heavy Duty Vehicles
12.14.2. Light Duty Vehicles
12.14.3. Medium Duty Vehicle
12.15. Japan Automotive Wrap Films Market Forecast, by Application
12.15.1. Advertisement purpose
12.15.2. Safety purpose
12.16. ASEAN Automotive Wrap Films Market Forecast, by Vehicle Type
12.16.1. Heavy Duty Vehicles
12.16.2. Light Duty Vehicles
12.16.3. Medium Duty Vehicle
12.17. ASEAN Automotive Wrap Films Market Forecast, by Application
12.17.1. Advertisement purpose
12.17.2. Safety purpose
12.18. Rest of Asia Pacific Automotive Wrap Films Market Forecast, by Vehicle Type
12.18.1. Heavy Duty Vehicles
12.18.2. Light Duty Vehicles
12.18.3. Medium Duty Vehicle
12.19. Rest of Asia Pacific Automotive Wrap Films Market Forecast, by Application
12.19.1. Advertisement purpose
12.19.2. Safety purpose
12.20. Asia Pacific Automotive Wrap Films Market Attractiveness Analysis
12.20.1. By Vehicle Type
12.20.2. By Application
12.21. PEST Analysis
12.22. Key Trend
12.23. Key Development

13. Middle East & Africa Automotive Wrap Films Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Automotive Wrap Films Market Overview
13.3. Middle East & Africa Automotive Wrap Films Market Value Share Analysis, by Vehicle Type
13.4. Middle East & Africa Automotive Wrap Films Market Forecast, by Vehicle Type
13.4.1. Heavy Duty Vehicles
13.4.2. Light Duty Vehicles
13.4.3. Medium Duty Vehicle
13.5. Middle East & Africa Automotive Wrap Films Market Value Share Analysis, by Application
13.6. Middle East & Africa Automotive Wrap Films Market Forecast, by Application
13.6.1. Advertisement purpose
13.6.2. Safety purpose
13.7. Middle East & Africa Automotive Wrap Films Market Value Share Analysis, by Country
13.8. Middle East & Africa Automotive Wrap Films Market Forecast, by Country
13.8.1. GCC
13.8.2. South Africa
13.8.3. Rest of Middle East & Africa
13.9. Middle East & Africa Automotive Wrap Films Market Analysis, by Country
13.10. GCC Automotive Wrap Films Market Forecast, by Vehicle Type
13.10.1. Heavy Duty Vehicles
13.10.2. Light Duty Vehicles
13.10.3. Medium Duty Vehicle
13.11. GCC Automotive Wrap Films Market Forecast, by Application
13.11.1. Advertisement purpose
13.11.2. Safety purpose
13.12. South Africa Automotive Wrap Films Market Forecast, by Vehicle Type
13.12.1. Heavy Duty Vehicles
13.12.2. Light Duty Vehicles
13.12.3. Medium Duty Vehicle
13.13. South Africa Automotive Wrap Films Market Forecast, by Application
13.13.1. Advertisement purpose
13.13.2. Safety purpose
13.14. Rest of Middle East & Africa Automotive Wrap Films Market Forecast, by Vehicle Type
13.14.1. Heavy Duty Vehicles
13.14.2. Light Duty Vehicles
13.14.3. Medium Duty Vehicle
13.15. Rest of Middle East & Africa Automotive Wrap Films Market Forecast, by Application
13.15.1. Advertisement purpose
13.15.2. Safety purpose
13.16. Middle East & Africa Automotive Wrap Films Market Attractiveness Analysis
13.16.1. By Vehicle Type
13.16.2. By Application
13.17. PEST Analysis
13.18. Key Trend
13.19. Key Development

14. South America Automotive Wrap Films Market Analysis
14.1. Key Findings
14.2. South America Automotive Wrap Films Market Overview
14.3. South America Automotive Wrap Films Market Value Share Analysis, by Vehicle Type
14.4. South America Automotive Wrap Films Market Forecast, by Vehicle Type
14.4.1. Heavy Duty Vehicles
14.4.2. Light Duty Vehicles
14.4.3. Medium Duty Vehicle
14.5. Others South America Automotive Wrap Films Market Value Share Analysis, by Application
14.6. South America Automotive Wrap Films Market Forecast, by Application
14.6.1. Advertisement purpose
14.6.2. Safety purpose
14.7. South America Automotive Wrap Films Market Value Share Analysis, by Country
14.8. South America Automotive Wrap Films Market Forecast, by Country
14.8.1. Brazil
14.8.2. Mexico
14.8.3. Rest of South America
14.9. Brazil Automotive Wrap Films Market Forecast, by Vehicle Type
14.9.1. Heavy Duty Vehicles
14.9.2. Light Duty Vehicles
14.9.3. Medium Duty Vehicle
14.10. Brazil Automotive Wrap Films Market Forecast, by Application
14.10.1. Advertisement purpose
14.10.2. Safety purpose
14.11. Mexico Automotive Wrap Films Market Forecast, by Vehicle Type
14.11.1. Heavy Duty Vehicles
14.11.2. Light Duty Vehicles
14.11.3. Medium Duty Vehicle
14.12. Mexico Automotive Wrap Films Market Forecast, by Application
14.12.1. Advertisement purpose
14.12.2. Safety purpose
14.13. Rest of South America Automotive Wrap Films Market Forecast, by Vehicle Type
14.13.1. Heavy Duty Vehicles
14.13.2. Light Duty Vehicles
14.13.3. Medium Duty Vehicle
14.14. Rest of South America Automotive Wrap Films Market Forecast, by Application
14.14.1. Advertisement purpose
14.14.2. Safety purpose
14.15. South America Automotive Wrap Films Market Attractiveness Analysis
14.15.1. By Vehicle Type
14.15.2. By Application
14.16. PEST Analysis
14.17. Key Trend
14.18. Key Development

15. Company Profiles
15.1. Market Share Analysis, by Company
15.2. Competition Matrix
15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
15.2.2. New Product Launches and Product Enhancements
15.2.3. Market Consolidation
15.2.3.1. M&A by Regions, Investment and Applications
15.2.3.2. M&A Key Players, Forward Integration and Backward
Integration
15.3. Company Profiles: Key Players
15.3.1. Avery Dennison Corporation
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. Business Strategy
15.3.1.5. Recent Developments
15.3.1.6. Company Footprint
15.3.2. Eastman Chemical Company
15.3.3. Foliatec Bohm Gmbh & Co. Vertriebs Kg
15.3.4. Garware Polyester Limited
15.3.5. 3M Company
15.3.6. Ritrama S.p.A.
15.3.7. Ads Window Films Limited
15.3.8. Vvivid Vinyl
15.3.9. Arlon Graphics LLC
15.3.10. Orafol Group
15.3.11. Arlon Graphics, LLC
15.3.12. Hexis S.A.
15.3.13. Kay Premium Marking Films Ltd
15.3.14. Madico, Inc.
15.3.15. Nexfil Co, Ltd.
15.3.16. Prestige Film Technologies
15.3.17. JMR Graphics Inc
15.3.18. ACI Dynamix,
15.3.19. Phantom Wrapz
15.3.20. Rvinyl,
16. Primary Key Insights
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