Saudi Arabia Automotive Wrap Films Market Size & Outlook
Saudi Arabia automotive wrap films market, 2018-2030 (US$M)
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Saudi Arabia automotive wrap films market highlights
- The Saudi Arabia automotive wrap films market generated a revenue of USD 154.2 million in 2023 and is expected to reach USD 652.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 22.9% 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 154.2 million |
| Market revenue in 2030 | USD 652.9 million |
| Growth rate | 22.9% (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, Saudi Arabia accounted for 2.2% 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 Middle East & Africa, UAE automotive wrap films market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,475.9 million by 2030.
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Automotive Wrap Films Market Scope
Automotive Wrap Films Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 59.14% in 2023. Horizon Databook has segmented the Saudi Arabia automotive wrap films market based on trucks, buses, passengers cars covering the revenue growth of each sub-segment from 2018 to 2030.
In 2022, Saudi Arabia accounted for one of the largest market shares of approximately 20.0% in the Middle East & Africa. The government has been making efforts to increase the domestic automotive production in the country, which is s expected to aid the demand for automotive wrap films.
Another major factor is the high spending by the government on tourism advertisement, which employs automotive wrap films to cover public transportation, such as buses, to promote tourism in the country. The automotive wrap films market in the country receives a boost from the presence of major downstream global companies.
The presence of major petrochemical manufacturers in the country is expected to boost production of automotive wrap films over the forecast period. There are several companies in Saudi Arabia that specialize in automotive wrap, offering a range of services from simple color changes to complex custom designs.
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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 Saudi Arabia automotive wrap films market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia automotive wrap films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia automotive wrap films market size, by application, 2018-2030 (US$M)
Saudi Arabia Automotive Wrap Films Market Outlook Share, 2023 & 2030 (US$M)
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