Europe Automotive Wrap Films Market Size & Outlook
Europe automotive wrap films market, 2018-2030 (US$M)
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Europe automotive wrap films market highlights
- The Europe automotive wrap films market generated a revenue of USD 2,020.3 million in 2023.
- The market is expected to grow at a CAGR of 21.6% 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.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 2,020.3 million |
| Market revenue in 2030 | USD 7,939.4 million |
| Growth rate | 21.6% (CAGR from 2023 to 2030) |
| Largest segment | Passengers cars |
| Fastest growing segment | Passengers Cars |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 28.4% of the global automotive wrap films market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,460.6 million by 2030.
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Automotive Wrap Films Market Scope
Automotive Wrap Films Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 55.29% in 2023. Horizon Databook has segmented the Europe automotive wrap films market based on trucks, buses, passengers cars covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is the second major market for automotive wrap films after North America owing to the presence of some major manufacturers including Hexis, Orafol, Isee2, and KPMF. A color change or paintreplacement film for vehicles is a very new trend in Europe.
One of the fastest-growing applications of automotive wrap films in Europe is changing the vehicle color. Companies such as Avery Dennison, Isee2, KPMF, Orafol, Hexis, and 3M have been developing a variety of colors and textures to keep up with the rising demand in the region.
For instance, Graftityp manufactures a variety of special effect wrap films in its Belgium facility. It has also been manufacturing automotive wrap films to provide a leather-look for Belgium army cars. Furthermore, 3M has been providing automotive wrap films for vehicle fleets in the UK.
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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 continent-level data and insights on the Europe automotive wrap films market , including forecasts for subscribers. This continent databook contains high-level insights into Europe automotive wrap films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe automotive wrap films market size, by country, 2018-2030 (US$M)
Europe Automotive Wrap Films Market Outlook Share, 2023 & 2030 (US$M)
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