Market Overview:
The global automotive wrap films market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for customized vehicles and the growing trend of vehicle wraps among consumers. Cast film segment is expected to account for a larger share of the global automotive wrap films market in terms of value over the forecast period. This can be attributed to its superior properties such as high gloss finish, dimensional stability, and resistance against scratches and fading. In terms of application, light duty vehicles are expected to account for a larger share of the global automotive wrap films market over the forecast period. This can be attributed to rising demand from small businesses and individual consumers for customization of their vehicles.
Product Definition:
An automotive wrap film is a type of vinyl film that is used to cover and protect the paint on a car. It can also be used to change the color or style of the car.
Cast Film:
Cast film is a type of plastic film that is manufactured by molding raw materials such as polyvinyl chloride and polyethylene in the required shape. The finished product has high tensile strength, flexibility, and durability.
Calendered Film:
Calendered film is a thin, protective sheet made from vegetable-based polymers and used as the base for automotive wrap films. It provides high heat resistance, excellent adhesion properties to the substrate and has low moisture permeability. Calendered films are available in various grades depending upon the end use application such as graphic wraps, decorative wraps or clear braided lamination among others.
Application Insights:
The light duty vehicle application segment accounted for the largest revenue share of over 60% in 2017. Automotive wrap films are used for advertising and promotional activities in several commercial applications such as showrooms, dealerships and distribution centers. The growing popularity of social media has resulted in an increased number of customers accessing online services through their mobile devices, which has further propelled the demand for automotive wrap films.
Medium duty vehicles application is expected to witness a CAGR exceeding 7% from 2018 to 2030 owing to rising demand from logistics companies and other industries such as healthcare that require delivery trucks with covered containers on-board transportation systems. Medium-duty vehicles are also used by public authorities or by organizations that need specific color combinations or sizes due to limited edition runs or special events like weddings, parties etcetera.
Regional Analysis:
Asia Pacific accounted for the largest share of over 45% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing production and sales of automotive vehicles. Rapid industrialization, rising disposable income levels, and presence of key automobile manufacturers are anticipated to drive demand for automotive wrap films in this region.
The European market was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing high demand for luxury cars across Germany, France, Italy, Spain among other countries within the region.
Growth Factors:
- Increasing demand for customized and personalized products: The automotive wrap films market is witnessing an increase in demand for customized and personalized products. This is due to the growing trend of self-expression among consumers.
- Rising disposable income of consumers: The increasing disposable income of consumers is fueling the growth of the automotive wrap films market. Consumers are now more inclined to spend on luxury items such as car wraps that add value to their vehicles.
- Growing popularity of vinyl wraps: Vinyl wraps are becoming increasingly popular among car owners as they offer a wide range of customization options at an affordable price point. This is driving the growth of the automotive wrap films market.
- Technological advancements: The technological advancements in printing technologies are enabling manufacturers to offer a wider range of colors and designs for automotive wraps, thereby boosting the growth prospects of this market segment.. 5) Growing awareness about benefits offered by car wraps: Car owners are becoming increasingly aware about the benefits offered by car wraps such as protection from weather conditions and scratches etc., which is propellingthegrowthoftheautomotivewrapfilmsmarket
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Wrap Films Market Research Report
By Type
Cast Film, Calendered Film
By Application
Light Duty Vehicle, Medium Duty Vehicle, Heavy Duty Vehicle
By Companies
3M, Avery Dennison, Orafol Group, Ritrama, Vvivid Vinyl, Arlon Graphics, Hexis, KPMF, Guangzhou Carbins
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Wrap Films Market Report Segments:
The global Automotive Wrap Films market is segmented on the basis of:
Types
Cast Film, Calendered Film
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Light Duty Vehicle, Medium Duty Vehicle, Heavy Duty Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Avery Dennison
- Orafol Group
- Ritrama
- Vvivid Vinyl
- Arlon Graphics
- Hexis
- KPMF
- Guangzhou Carbins
Highlights of The Automotive Wrap Films Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cast Film
- Calendered Film
- By Application:
- Light Duty Vehicle
- Medium Duty Vehicle
- Heavy Duty Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Wrap Films Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive Wrap Films is a company that specializes in creating custom automotive wraps. They use high-quality materials and state-of-the-art equipment to create stunningly realistic car wraps. Their wraps are perfect for businesses, organizations, and individuals who want to show their pride in their vehicles.
Some of the major companies in the automotive wrap films market are 3M, Avery Dennison, Orafol Group, Ritrama, Vvivid Vinyl, Arlon Graphics, Hexis, KPMF, Guangzhou Carbins.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Wrap Films Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Wrap Films Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Wrap Films Market - Supply Chain
4.5. Global Automotive Wrap Films Market Forecast
4.5.1. Automotive Wrap Films Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Wrap Films Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automotive Wrap Films Market Absolute $ Opportunity
5. Global Automotive Wrap Films Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automotive Wrap Films Market Size and Volume Forecast by Type
5.3.1. Cast Film
5.3.2. Calendered Film
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automotive Wrap Films Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automotive Wrap Films Market Size and Volume Forecast by Application
6.3.1. Light Duty Vehicle
6.3.2. Medium Duty Vehicle
6.3.3. Heavy Duty Vehicle
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automotive Wrap Films Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automotive Wrap Films Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automotive Wrap Films Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automotive Wrap Films Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automotive Wrap Films Demand Share Forecast, 2019-2026
9. North America Automotive Wrap Films Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automotive Wrap Films Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automotive Wrap Films Market Size and Volume Forecast by Application
9.4.1. Light Duty Vehicle
9.4.2. Medium Duty Vehicle
9.4.3. Heavy Duty Vehicle
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automotive Wrap Films Market Size and Volume Forecast by Type
9.7.1. Cast Film
9.7.2. Calendered Film
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automotive Wrap Films Demand Share Forecast, 2019-2026
10. Latin America Automotive Wrap Films Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automotive Wrap Films Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automotive Wrap Films Market Size and Volume Forecast by Application
10.4.1. Light Duty Vehicle
10.4.2. Medium Duty Vehicle
10.4.3. Heavy Duty Vehicle
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automotive Wrap Films Market Size and Volume Forecast by Type
10.7.1. Cast Film
10.7.2. Calendered Film
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automotive Wrap Films Demand Share Forecast, 2019-2026
11. Europe Automotive Wrap Films Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automotive Wrap Films Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automotive Wrap Films Market Size and Volume Forecast by Application
11.4.1. Light Duty Vehicle
11.4.2. Medium Duty Vehicle
11.4.3. Heavy Duty Vehicle
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automotive Wrap Films Market Size and Volume Forecast by Type
11.7.1. Cast Film
11.7.2. Calendered Film
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Grwth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automotive Wrap Films Demand Share, 2019-2026
12. Asia Pacific Automotive Wrap Films Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automotive Wrap Films Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automotive Wrap Films Market Size and Volume Forecast by Application
12.4.1. Light Duty Vehicle
12.4.2. Medium Duty Vehicle
12.4.3. Heavy Duty Vehicle
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automotive Wrap Films Market Size and Volume Forecast by Type
12.7.1. Cast Film
12.7.2. Calendered Film
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automotive Wrap Films Demand Share, 2019-2026
13. Middle East & Africa Automotive Wrap Films Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automotive Wrap Films Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automotive Wrap Films Market Size and Volume Forecast by Application
13.4.1. Light Duty Vehicle
13.4.2. Medium Duty Vehicle
13.4.3. Heavy Duty Vehicle
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automotive Wrap Films Market Size and Volume Forecast by Type
13.7.1. Cast Film
13.7.2. Calendered Film
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automotive Wrap Films Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automotive Wrap Films Market: Market Share Analysis
14.2. Automotive Wrap Films Distributors and Customers
14.3. Automotive Wrap Films Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Avery Dennison
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Orafol Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ritrama
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Vvivid Vinyl
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Arlon Graphics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hexis
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. KPMF
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Guangzhou Carbins
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
