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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.
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%.
Market Analysis and Insights: Global Automotive Wrap Films Market
In 2020, the global Automotive Wrap Films market size was US$ 3209 million and it is expected to reach US$ 6789.5 million by the end of 2027, with a CAGR of 11.3% during 2021-2027.
Global Automotive Wrap Films Scope and Market Size
Automotive Wrap Films market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Automotive Wrap Films market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Automotive Wrap Films market is segmented into
Cast Film
Calendered Film
Segment by Application, the Automotive Wrap Films market is segmented into
Light Duty Vehicle
Medium Duty Vehicle
Heavy Duty Vehicle
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape and Automotive Wrap Films Market Share Analysis
Automotive Wrap Films market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Automotive Wrap Films product introduction, recent developments, Automotive Wrap Films sales by region, type, application and by sales channel.
The major companies include:
3M
Avery Dennison
Orafol Group
Ritrama
Vvivid Vinyl
Arlon Graphics
Hexis
KPMF
Guangzhou Carbins
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