San
Francisco, 04 April, Automotive Wrap Films Market Size, Share &
Trends Analysis Report By Application (Heavy-, Medium-, Light-duty Vehicles),
By Region (Central & South America, APAC, MEA, North America, Europe), And
Segment Forecasts, 2019 - 2025
The global automotive wrap films market size is expected to reach USD 11.6 billion by 2025,
according to a new report by Grand View Research, Inc. The market is projected
to expand at a CAGR of 22.2% over the forecast period. High application scope
coupled with increasing demand from light duty vehicle application is likely to
have a positive impact on the market growth. Asia Pacific is expected to be the
fastest-growing regional market over the forecast period. This can be
attributed to rapidly expanding automotive industry in the region. Rising
population and increasing disposable income levels in the emerging economies
like India and China are also likely to propel the regional market development.
Moreover, growing popularity of color-changing vehicle paints is further
expected to propel the demand for automotive wrap films in the region. Growing
construction, transportation, and industrial sectors are likely to increase the
overall sales of heavy duty vehicles in the coming years. Escalating demand for
vehicle branding coupled with increased sales of heavy duty vehicle in North
America is expected to have a positive impact on the overall market in the
years to come.
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Report On Automotive Wrap Films Market Analysis:
Further key findings from the study
suggest:
·
Advancements, in terms of
technologies and materials, to facilitate low cost and mass production will
also help augment the market growth
·
Such advancements would also
lead to flexibility in designs and ease of manufacturing for a wide range of
applications
·
Light-duty vehicles are
expected to be the fastest-growing application segment in the global automotive
wrap films market from 2019 to 2025
·
North America was the largest
regional market and will maintain its dominance during the forecast years due
to increasing demand for vehicle branding and increased sales of heavy duty
vehicles
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks
Grand View Research has
segmented the global automotive wrap films market on the basis of application
and region:
Automotive Wrap Films Application Outlook
(Revenue, USD Million, 2014 - 2025)
·
Heavy Duty Vehicles
·
Light Duty Vehicles
·
Medium Duty Vehicles
Automotive Wrap Films Regional Outlook
(Revenue, USD Million, 2014 - 2025)
·
North America
o U.S.
o Canada
o Mexico
·
Europe
o Germany
o U.K.
o France
o Italy
o Belgium
o Netherlands
o Spain
o Poland
·
Asia Pacific
o China
o Japan
o India
o Australia
o Indonesia
o Malaysia
o Thailand
o New Zealand
o Philippines
·
Central & South America
o Brazil
o Argentina
·
Middle East & Africa
o UAE
o Saudi Arabia
o South Africa
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Press Release of this Report: https://www.grandviewresearch.com/press-release/global-automotive-wrap-films-market
About Grand
View Research
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more
information: www.grandviewresearch.com/
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