Belgium Automotive Wrap Films Market Size & Outlook
Belgium automotive wrap films market, 2018-2030 (US$M)
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Belgium automotive wrap films market highlights
- The Belgium automotive wrap films market generated a revenue of USD 81.2 million in 2023 and is expected to reach USD 284.5 million by 2030.
- The Belgium market is expected to grow at a CAGR of 19.6% from 2024 to 2030.
- In terms of segment, passengers cars was the largest revenue generating application in 2023.
- Passengers Cars is the most lucrative application segment registering the fastest growth during the forecast period.
Automotive wrap films market data book summary
| Market revenue in 2023 | USD 81.2 million |
| Market revenue in 2030 | USD 284.5 million |
| Growth rate | 19.6% (CAGR from 2023 to 2030) |
| Largest segment | Passengers cars |
| Fastest growing segment | Passengers Cars |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Trucks, Buses, Passengers Cars |
| Key market players worldwide | Avery Dennison Corp, 3M Co, Guangzhou Automobile Group Co Ltd Class H, Arlon Graphics, KPMG, Fedrigoni, VViViD Vinyl, ORAFOL Europe GmbH, Hexis, Jmr Graphics |
Other key industry trends
- In terms of revenue, Belgium accounted for 1.1% of the global automotive wrap films market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK automotive wrap films market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 2,283.7 million by 2030.
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Automotive Wrap Films Market Scope
Automotive Wrap Films Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Belgium automotive wrap films market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive wrap films market will help companies and investors design strategic landscapes.
Passengers cars was the largest segment with a revenue share of 54.06% in 2023. Horizon Databook has segmented the Belgium automotive wrap films market based on trucks, buses, passengers cars covering the revenue growth of each sub-segment from 2018 to 2030.
Significant growth is expected in Belgium’s automotive wrap films market over the forecast period owing to the increasing sales of automobiles in the country. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), automobile sales in the country reached 0.276 million units in 2022, up by 6% from 0.261 million units in 2021.
Automotive wrap films in passenger and commercial vehicles require superior properties such as excellent opacity to hide contrast surfaces and resist mild alkalis & acids. Thus, these factors are projected to propel the consumption of automotive wrap films in the country.
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Our clientele includes a mix of automotive wrap films market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Belgium automotive wrap films market , including forecasts for subscribers. This country databook contains high-level insights into Belgium automotive wrap films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Belgium automotive wrap films market size, by application, 2018-2030 (US$M)
Belgium Automotive Wrap Films Market Outlook Share, 2023 & 2030 (US$M)
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