Mexico Automotive Wrap Films Market Size & Outlook
Mexico automotive wrap films market, 2018-2030 (US$M)
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Mexico automotive wrap films market highlights
- The Mexico automotive wrap films market generated a revenue of USD 124.7 million in 2023 and is expected to reach USD 617.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 25.7% 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 124.7 million |
| Market revenue in 2030 | USD 617.6 million |
| Growth rate | 25.7% (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, Mexico accounted for 1.8% 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 |
|---|
Mexico 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 56.13% in 2023. Horizon Databook has segmented the Mexico automotive wrap films market based on trucks, buses, passengers cars covering the revenue growth of each sub-segment from 2018 to 2030.
Initiatives such as the FESPA Mexico exhibition to enhance the printing technologies are expected to increase investments by players including Durst, 3M, Arlon Graphics, Nazdar, Bordeaux, CET Color, and Multicam over the coming years. This is likely to have a positive impact on the demand for automotive wrap films over the forecast period.
Hanging consumer lifestyles and economic growth are expected to propel automotive wrap films demand over the coming years. The growing transit advertisement industry coupled with the increasing number of commercial vehicles in the economy are expected to have a positive impact on the market growth over the forecast period.
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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 Mexico automotive wrap films market , including forecasts for subscribers. This country databook contains high-level insights into Mexico automotive wrap films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico automotive wrap films market size, by application, 2018-2030 (US$M)
Mexico Automotive Wrap Films Market Outlook Share, 2023 & 2030 (US$M)
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