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Automotive Wrap Films Market Growth and Regional Forecast till 2025

High application scope coupled with increasing demand from the light duty vehicle application is likely to have a positive impact on the market growth. The Global Automotive Wrap Films Market is expected to reach USD 10.8 billion by 2025, according to a new report by Grand View Research, Inc.


The market has witnessed advancements, both in terms of technologies and materials, in order 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.

Heavy duty vehicles accounted for a share of 17.5% in the global market revenue in 2015 owing to large sizes of graphics that attract more commuters and allow easy access to information. Light duty vehicles are anticipated to witness a CAGR of over 20% from 2016 to 2025 on account of rising demand for passenger cars from emerging economies including China and India.

To Know More About Automotive Wrap Films Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/automotive-wrap-film-market

North America dominated the market with a share of over 35% in 2015 on account of presence of numerous industry players and high adoption rate of new technologies. Middle East & Africa is one of the fastest growing markets for automotive wrap films growing at a CAGR over 20% owing to increasing utilization of the vehicle wraps for advertisements particularly in promoting places of interests.


Key players in the industry are striving towards introducing new products with new colors and features to meet the changing consumer demands. Almost all the manufacturers including Avery Dennison Corporation, Arlon Graphics LLC, 3M Company, Kay Premium Marking, Ritrama S.p.A, Orafol Group, and Hexis S.A are ventured into launching new products to address the competition.

Market Segmentation of Automotive Wrap Films Market:

The Global Automotive Wrap Films Market segmented on the basis of Application and Region.

By Application:

    Heavy Duty Vehicles
    Medium Duty Vehicles
    Light Duty Vehicles

By Region:

    North America
        US
    Europe
        Germany
    Asia Pacific
        China
    Central & South America
        Brazil
    Middle East & Africa

Inquire about Automotive Wrap Films Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1986
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