South Africa Automotive Wrap Films Market Size & Outlook
South Africa automotive wrap films market, 2018-2030 (US$M)
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South Africa automotive wrap films market highlights
- The South Africa automotive wrap films market generated a revenue of USD 36.5 million in 2023 and is expected to reach USD 107.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 16.6% 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 36.5 million |
| Market revenue in 2030 | USD 107.1 million |
| Growth rate | 16.6% (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, South Africa accounted for 0.5% 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 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 |
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South 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 52.6% in 2023. Horizon Databook has segmented the South Africa automotive wrap films market based on trucks, buses, passengers cars covering the revenue growth of each sub-segment from 2018 to 2030.
Automotive industry has been a major contributor to the economy of South Africa for a long time. The government has taken several measures to boost automotive production in the country, which is expected to boost the demand for automotive wrap films.
Rising disposable income in the country is expected to result in increased interest in automobile aftermarket sector for customization. Although social media is taking over outdoor, the importance of outdoor advertising industry is driving the demand for automotive wrap films. Rising number of ride-hailing services in the country has propelled the market growth in the country.
According to the National Association of Automobile Manufacturers of South Africa (NAAMSA), the South African automotive industry recovered from the impact of the COVID-19 pandemic and showed signs of growth.
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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 South Africa automotive wrap films market , including forecasts for subscribers. This country databook contains high-level insights into South Africa automotive wrap films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa automotive wrap films market size, by application, 2018-2030 (US$M)
South Africa Automotive Wrap Films Market Outlook Share, 2023 & 2030 (US$M)
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