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Automotive Wrap Films Market is Anticipated to Grow US$ 21.7 Bn By 2030

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According to the Vision Research Reports, the Global Automotive Wrap Films market size was valued at USD 6.0 billion in 2020 and is projected to reach US$ 21.7 billion by 2030, growing at a CAGR of 24.5% from 2021 to 2030.

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Growth Factors

 High product application scope coupled with increasing demand from the light-duty vehicle applications is likely to have a positive impact on the market growth. The market has witnessed advancements, both in terms of technologies and materials, to facilitate low-cost and mass production of the products. This would also lead to flexibility in designs and ease of manufacturing for a wide range of applications including heavy, medium, and light-duty vehicles. Demand for automotive wrap films in Asia Pacific is expected to grow at the fastest CAGR during the forecast period.

The growing automotive industry, rising population, and increasing disposable income levels in the emerging economies of the region are likely to be the primary factors driving the market over the coming years. The growing automotive industry, rising population, and increasing disposable income levels in the emerging economies of the region are likely to be the primary factors driving the market over the coming years.

Report Coverage

Report Scope Details
Market Size USD 21.7 billion by 2030
Growth Rate CAGR of 24.5% From 2021 to 2030
Base Year 2021
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Avery Dennison Corp.; Arlon Graphics, LLC; 3M Company; Ritrama S.p.A.; Hexis S.A.; JMR Graphics, Inc.; Vvivid Vinyl

Report Highlights

The light-duty vehicles segment held the maxiumum revenue share of over 55% and is expected to maintain its dominance over the forecast period. Growing demand for colorful graphics for SUVs, personal cars, and vans coupled with the rising opportunities for drivers to earn money through advertisements is anticipated to propel the product demand in light-duty vehicles over the forecast period. The heavy-duty vehicles segment also held a significant share in the market and is expected to grow further at a steady CAGR over the forecast period.

North America held the highest revenue share of over 37% of the global market in 2020. The regional market is estimated to retain its dominant position growing at a steady CAGR over the forecast period.

Asia Pacific is anticipated to witness the largest growth rate over the forecast period. The growing popularity of color-changing vehicle wraps and demand for paint protection films are likely to propel the market growth over the forecast period.

Key Players

  • Avery Dennison Corporation
  • Arlon Graphics, LLC
  • 3M Company
  • Ritrama S.p.A.
  • Hexis S.A.
  • JMR Graphics, Inc.
  • Vvivid Vinyl

Market Segmentation

  • Application
    • Heavy-duty Vehicles
    • Medium-duty Vehicles
    • Light-duty Vehicles
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Belgium
      • The Netherlands
      • Spain
      • Poland
    • Asia Pacific
      • China
      • Japan
      • India
      • Australia
      • Indonesia
      • Malaysia
      • Thailand
      • New Zealand
      • Philippines
    • Central & South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • UAE
      • Saudi Arabia
      • South Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Automotive Wrap Films Market, By Application

7.1.  Automotive Wrap Films Market, by Application, 2020-2030

7.1.1.    Heavy-duty Vehicles

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Medium-duty Vehicles

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Light-duty Vehicles

7.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Automotive Wrap Films Market, Regional Estimates and Trend Forecast

8.1.  North America

8.1.1.    Market Revenue and Forecast, by Application (2017-2030)

8.1.2.    U.S.

8.1.3.    Rest of North America

8.1.3.1.        Market Revenue and Forecast, by Application (2017-2030)

8.2.  Europe

8.2.1.    Market Revenue and Forecast, by Application (2017-2030)

8.2.2.    UK

8.2.2.1.        Market Revenue and Forecast, by Application (2017-2030)

8.2.3.    France

8.2.3.1.        Market Revenue and Forecast, by Application (2017-2030)

8.2.4.    Rest of Europe

8.2.4.1.        Market Revenue and Forecast, by Application (2017-2030)

8.3.  APAC

8.3.1.    Market Revenue and Forecast, by Application (2017-2030)

8.3.2.    India

8.3.2.1.        Market Revenue and Forecast, by Application (2017-2030)

8.3.3.    China

8.3.3.1.        Market Revenue and Forecast, by Application (2017-2030)

8.3.4.    Japan

8.3.4.1.        Market Revenue and Forecast, by Application (2017-2030)

8.3.5.    Rest of APAC

8.3.5.1.        Market Revenue and Forecast, by Application (2017-2030)

8.4.  MEA

8.4.1.    Market Revenue and Forecast, by Application (2017-2030)

8.4.2.    GCC

8.4.2.1.        Market Revenue and Forecast, by Application (2017-2030)

8.4.3.    North Africa

8.4.3.1.        Market Revenue and Forecast, by Application (2017-2030)

8.4.4.    South Africa

8.4.4.1.        Market Revenue and Forecast, by Application (2017-2030)

8.4.5.    Rest of MEA

8.4.5.1.        Market Revenue and Forecast, by Application (2017-2030)

8.5.  Latin America

8.5.1.    Market Revenue and Forecast, by Application (2017-2030)

8.5.2.    Brazil

8.5.2.1.        Market Revenue and Forecast, by Application (2017-2030)

8.5.3.    Rest of LATAM

8.5.3.1.        Market Revenue and Forecast, by Application (2017-2030)

Chapter 9.    Company Profiles

9.1.  Avery Dennison Corporation

9.1.1.    Company Overview

9.1.2.    Product Offerings

9.1.3.    Financial Performance

9.1.4.    Recent Initiatives

9.2.  Arlon Graphics, LLC

9.2.1.    Company Overview

9.2.2.    Product Offerings

9.2.3.    Financial Performance

9.2.4.    Recent Initiatives

9.3.  3M Company

9.3.1.    Company Overview

9.3.2.    Product Offerings

9.3.3.    Financial Performance

9.3.4.    Recent Initiatives

9.4.  Ritrama S.p.A.

9.4.1.    Company Overview

9.4.2.    Product Offerings

9.5.  Financial Performance

9.5.1.    Recent Initiatives

9.6.  Hexis S.A.

9.6.1.    Company Overview

9.6.2.    Product Offerings

9.6.3.    Financial Performance

9.6.4.    Recent Initiatives

9.7.  JMR Graphics, Inc.

9.7.1.    Company Overview

9.7.2.    Product Offerings

9.7.3.    Financial Performance

9.7.4.    Recent Initiatives

9.8.  Vvivid Vinyl

9.8.1.    Company Overview

9.8.2.    Product Offerings

9.8.3.    Financial Performance

9.8.4.    Recent Initiatives

Chapter 10.  Research Methodology

10.1.              Primary Research

10.2.              Secondary Research

10.3.              Assumptions

Chapter 11.  Appendix

11.1.              About Us

11.2.              Glossary of Terms

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