Philippines Automotive Wrap Films Market Size & Outlook
Philippines automotive wrap films market, 2018-2030 (US$M)
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Philippines automotive wrap films market highlights
- The Philippines automotive wrap films market generated a revenue of USD 11.2 million in 2023 and is expected to reach USD 40.9 million by 2030.
- The Philippines market is expected to grow at a CAGR of 20.3% 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.
Automotive wrap films market data book summary
| Market revenue in 2023 | USD 11.2 million |
| Market revenue in 2030 | USD 40.9 million |
| Growth rate | 20.3% (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, Philippines accounted for 0.2% 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 |
|---|
Philippines 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 47.32% in 2023. Horizon Databook has segmented the Philippines automotive wrap films market based on trucks, buses, passengers cars covering the revenue growth of each sub-segment from 2018 to 2030.
Rising preference for the customization of personal vehicles by consumers with automotive wrap films to change the color and design of the car is expected to drive the market significantly in the Philippines. In addition, outdoor advertising industry is growing in the country, which is expected to augment the demand for automotive wrap films over the forecast period.
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Target buyers of Philippines 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 Philippines automotive wrap films market , including forecasts for subscribers. This country databook contains high-level insights into Philippines automotive wrap films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Philippines automotive wrap films market size, by application, 2018-2030 (US$M)
Philippines Automotive Wrap Films Market Outlook Share, 2023 & 2030 (US$M)
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