Germany Automotive Wrap Films Market Size & Outlook
Germany automotive wrap films market, 2018-2030 (US$M)
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Germany automotive wrap films market highlights
- The Germany automotive wrap films market generated a revenue of USD 507.8 million in 2023 and is expected to reach USD 2,109.3 million by 2030.
- The Germany 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 507.8 million |
| Market revenue in 2030 | USD 2,109.3 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, Germany accounted for 7.1% 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 |
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Germany 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 59.79% in 2023. Horizon Databook has segmented the Germany automotive wrap films market based on trucks, buses, passengers cars covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing R&D coupled with improving economic situation in the economy is expected to augment demand for automotive wrap films over the forecast period. The low cost of wrap films coupled with rising popularity of transit advertisements in the region is expected to fuel the product demand over the forecast period.
The availability of numerous designs, colors, and textures in automotive wrap films and the tendency to protect the original paint of vehicles are expected to propel market growth in the economy. In January 2022, the German automaker, BMW, unveiled its new concept car called iX Flow, which comes with a new e-ink technology.
The car can change its color from white to grey to black. This is anticipated to be a restraining factor for the automotive wrap films market in high-end car segment if proven financially viable.
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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 Germany automotive wrap films market , including forecasts for subscribers. This country databook contains high-level insights into Germany automotive wrap films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany automotive wrap films market size, by application, 2018-2030 (US$M)
Germany Automotive Wrap Films Market Outlook Share, 2023 & 2030 (US$M)
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