Canada Automotive Wrap Films Market Size & Outlook
Canada automotive wrap films market, 2018-2030 (US$M)
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Canada automotive wrap films market highlights
- The Canada automotive wrap films market generated a revenue of USD 219.6 million in 2023 and is expected to reach USD 916.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 22.6% 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 219.6 million |
| Market revenue in 2030 | USD 916.7 million |
| Growth rate | 22.6% (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, Canada accounted for 3.1% 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 North America, U.S. automotive wrap films market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 617.6 million by 2030.
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Automotive Wrap Films Market Scope
Automotive Wrap Films Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 55.56% in 2023. Horizon Databook has segmented the Canada automotive wrap films market based on trucks, buses, passengers cars covering the revenue growth of each sub-segment from 2018 to 2030.
Consumers are increasingly adopting vehicle wraps to protect car paint and provide a flashy look to their vehicles. In addition, colors including matte black, carbon fiber, and brushed aluminum have become highly popular for wrapping wood grain vehicle interiors in the region.
Changing consumer lifestyles are expected to play a major role in augmenting the demand for automotive wrap films in the country. According to the Out-of-Home Marketing Association of Canada, automotive wrap films are a very effective means of conveying a message, advertising, and creating brand awareness.
Increasing utilization of truck wraps for advertisement and company branding is expected to propel growth over the forecast period. These are being increasingly used to target audiences in trade shows, sports events, concerts, and colleges, thus propelling demand.
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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 Canada automotive wrap films market , including forecasts for subscribers. This country databook contains high-level insights into Canada automotive wrap films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada automotive wrap films market size, by application, 2018-2030 (US$M)
Canada Automotive Wrap Films Market Outlook Share, 2023 & 2030 (US$M)
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