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Global Automotive Wrap Films Market: By Film Type: Window Films, Wrap Films, Paint Protection Films, Others; By Vehicle Type: Passenger Vehicle, Commercial Vehicle, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Automotive Wrap Films Market Outlook
The global automotive wrap films market is being driven by the rising advertising sector and demand for car customisation. The market is further expected to grow at a CAGR of 21% in the forecast period of 2021-2026 to reach a value of approximately USD 11 billion by 2026.
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Advertising Sector Boosting the Automotive Wrap Films Industry Growth
The adoption of new designs and the increasing trend of personalising vehicles are expected to have a major positive effect on the automotive wrap films industry. Increased use of wrap films for advertising purposes is expected to improve the demand for automotive wrap films. Furthermore, as the use of automotive wrap film for product ads and marketing campaigns increases, the demand for the automotive wrap is expected to rise during the forecast period. Moreover, the automotive wrap films industry is projected to be fuelled by a rise in car racing events and the integration of electric vehicles over the forecast period.
Automotive Wrap Films: Industry Definition and Segmentation
Automotive wrap films are vinyl-based graphics that are added to the paint of a vehicle to enhance its appearance. Wrap films for cars are also used to shield the original paint from environmental hazards, including rust and dust. An automotive wrap film's average shelf life is estimated to be about five years, making it cost efficient. Since they are less costly, they are often used for ads rather than conventional forms of advertising. Continuous growth in the pre-owned car market has resulted in a rise in wrap film demand, as significant cracks, inappropriate paint, and other flaws can be covered with the use of wrap films.
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Based on film type, the market is divided into:
- Window Films
- Wrap Films
- Paint Protection Films
- Others
On the basis of vehicle type, the market is segmented into:
- Passenger Vehicle
- Commercial Vehicle
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Demand for Car Customisations Bolstering the Growth of Automotive Wrap Films Industry
The modernisation of consumer lifestyles, combined with increasing demand for car customisation, is expected to fuel demand for automotive wrap films. This can be attributed to increasing disposable income and improving living standards, especially in emerging economies such as China and India. The automotive wrap films industry is expected to be driven by increasing demand for customisation on light-duty vehicles such as cars and two-wheelers. Solid coloured automotive wrap films, such as matte black, blue, matte orange, pink, and green, are expected to gain popularity among consumers in the United States.
Key Industry Players in the Global Automotive Wrap Films Market
The report gives a detailed analysis of the following key players in the global automotive wrap films market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- 3M Co.
- AXEVINYL Industrial Co.,Ltd
- Avery Dennison Corporation
- HEXIS S.A.S.
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Automotive Wrap Films Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Wrap Films Historical Market (2016-2020)
8.3 Global Automotive Wrap Films Market Forecast (2021-2026)
8.4 Global Automotive Wrap Films Market by Film Type
8.4.1 Window Films
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Wrap Films
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Paint Protection Films
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.4.4 Others
8.5 Global Automotive Wrap Films Market by Vehicle Type
8.5.1 Passenger Vehicle
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Commercial Vehicle
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Others
8.6 Global Automotive Wrap Films Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 3M Co.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 AXEVINYL Industrial Co.,Ltd
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Avery Dennison Corporation
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 HEXIS S.A.S.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Others
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Figures and Tables
1. Global Automotive Wrap Films Market: Key Industry Highlights, 2016 and 2026
2. Global Automotive Wrap Films Historical Market: Breakup by Film Type (USD Million), 2016-2020
3. Global Automotive Wrap Films Market Forecast: Breakup by Film Type (USD Million), 2021-2026
4. Global Automotive Wrap Films Historical Market: Breakup by Vehicle Type (USD Million), 2016-2020
5. Global Automotive Wrap Films Market Forecast: Breakup by Vehicle Type (USD Million), 2021-2026
6. Global Automotive Wrap Films Historical Market: Breakup by Region (USD Million), 2016-2020
7. Global Automotive Wrap Films Market Forecast: Breakup by Region (USD Million), 2021-2026
8. North America Automotive Wrap Films Historical Market: Breakup by Country (USD Million), 2016-2020
9. North America Automotive Wrap Films Market Forecast: Breakup by Country (USD Million), 2021-2026
10. Europe Automotive Wrap Films Historical Market: Breakup by Country (USD Million), 2016-2020
11. Europe Automotive Wrap Films Market Forecast: Breakup by Country (USD Million), 2021-2026
12. Asia Pacific Automotive Wrap Films Historical Market: Breakup by Country (USD Million), 2016-2020
13. Asia Pacific Automotive Wrap Films Market Forecast: Breakup by Country (USD Million), 2021-2026
14. Latin America Automotive Wrap Films Historical Market: Breakup by Country (USD Million), 2016-2020
15. Latin America Automotive Wrap Films Market Forecast: Breakup by Country (USD Million), 2021-2026
16. Middle East and Africa Automotive Wrap Films Historical Market: Breakup by Country (USD Million), 2016-2020
17. Middle East and Africa Automotive Wrap Films Market Forecast: Breakup by Country (USD Million), 2021-2026
18. Global Automotive Wrap Films Market Structure
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