The Automotive Wrap Films Global Market Report 2023, provides comprehensive information on the automotive wrap films market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global automotive wrap films market is expected to grow from $4.66 billion in 2022 to $5.78 billion in 2023 at a compound annual growth rate (CAGR) of 23.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive wrap films market is expected to reach $12.84 billion in 2027 at a CAGR of 22.1%.
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Product innovation is the key trend gaining popularity in the automotive wrap films market. Major companies operating in the automotive wrap films market are focusing on improving the usability and longevity of their automotive wrap film offerings. For instance, in April 2022, 3M Company, a US-based industrial conglomerate, launched 3M Print Wrap Film IJ280, a new innovative vehicle wrap film. The new 3M Print Wrap Film IJ280 is designed to be installed faster than regular automotive wrap films and requires less rework. 3M Print Wrap Film IJ280 can be installed 20 % faster than traditional automotive wrap films, offering two times more lifting resistance.
The automotive wrap films market is segmented:
1) By Film Type: Windows Films, Wrap Films, Paint Protection Films
2) By Material: Cast Vinyl, Calendared Vinyl
3) By Application: Passenger Vehicle, Commercial Vehicle
North America was the largest region in the automotive wrap films market in 2022.
The table of contents in TBRC’s automotive wrap films market report includes:
1. Executive Summary
2. Automotive Wrap Films Market Characteristics
3. Automotive Wrap Films Market Trends And Strategies
4. Automotive Wrap Films Market – Macro Economic Scenario
5. Impact Of High Inflation On Online Therapy Services Maehet
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32. Global Automotive Wrap Films Market Competitive Benchmarking
33. Global Automotive Wrap Films Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Automotive Wrap Films Market
35. Automotive Wrap Films Market Future Outlook and Potential Analysis
36. Appendix
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