Malaysia Automotive Wrap Films Market Size & Outlook
Malaysia automotive wrap films market, 2018-2030 (US$M)
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Malaysia automotive wrap films market highlights
- The Malaysia automotive wrap films market generated a revenue of USD 107.0 million in 2023 and is expected to reach USD 499.7 million by 2030.
- The Malaysia market is expected to grow at a CAGR of 24.6% 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 107.0 million |
| Market revenue in 2030 | USD 499.7 million |
| Growth rate | 24.6% (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, Malaysia accounted for 1.5% 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 Asia Pacific, China automotive wrap films market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,496.1 million by 2030.
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Automotive Wrap Films Market Scope
Automotive Wrap Films Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Malaysia 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 46.26% in 2023. Horizon Databook has segmented the Malaysia automotive wrap films market based on trucks, buses, passengers cars covering the revenue growth of each sub-segment from 2018 to 2030.
Automotive sector in Malaysia is growing at a rapid pace, which is expected to propel the demand for automotive wrap films. The changing lifestyle trends such as customization of products to reflect the persons personality in the country are expected to boost the consumer demand for more personalized wraps with vivid colors and attractive looks.
The automotive aftermarket is also rising with many people wanting to customize the cars to their personal preferences, which is expected to boost the market growth.
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Target buyers of Malaysia automotive wrap films market databook
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia automotive wrap films market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia automotive wrap films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Malaysia automotive wrap films market size, by application, 2018-2030 (US$M)
Malaysia Automotive Wrap Films Market Outlook Share, 2023 & 2030 (US$M)
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