Middle East & Africa Automotive Wrap Films Market Size & Outlook
Middle East & Africa automotive wrap films market, 2018-2030 (US$M)
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MEA automotive wrap films market highlights
- The MEA automotive wrap films market generated a revenue of USD 749.1 million in 2023.
- The market is expected to grow at a CAGR of 22.3% 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, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 749.1 million |
| Market revenue in 2030 | USD 3,058.0 million |
| Growth rate | 22.3% (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, MEA region accounted for 10.5% 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 |
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Middle East & Africa 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 59.67% in 2023. Horizon Databook has segmented the Middle East & Africa automotive wrap films market based on trucks, buses, passengers cars covering the revenue growth of each sub-segment from 2018 to 2030.
International trade shows, such as Sign & Graphics Imaging (SGI), help promote the use of wrap films in the region. Consumers prefer customization of their vehicles with full wraps to provide a unique color and look to the vehicle. This is a convenient method over painting the vehicle as the latter has limited color options and is expensive.
Factors such as rapidly growing automotive sales, and high adoption rate of automotive wrap films in the region are expected to fuel the product demand over the forecast period. Various manufacturers and experts including Sign trade International, Strings International, and System Middle East exhibit their new product developments to promote sales.
Rapidly rising demand for automotive aftermarket services including window film, wrapping film, decorative films, and paint protection films in the region is expected to augment demand over the next six years.
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Target buyers of Middle East & Africa 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 continent-level data and insights on the Middle East & Africa automotive wrap films market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa automotive wrap films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA automotive wrap films market size, by country, 2018-2030 (US$M)
Middle East & Africa Automotive Wrap Films Market Outlook Share, 2023 & 2030 (US$M)
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