Thailand Automotive Wrap Films Market Size & Outlook
Thailand automotive wrap films market, 2018-2030 (US$M)
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Thailand automotive wrap films market highlights
- The Thailand automotive wrap films market generated a revenue of USD 67.7 million in 2023 and is expected to reach USD 307.6 million by 2030.
- The Thailand market is expected to grow at a CAGR of 24.1% 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 67.7 million |
| Market revenue in 2030 | USD 307.6 million |
| Growth rate | 24.1% (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, Thailand accounted for 1.0% 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 |
|---|
Thailand 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 41.65% in 2023. Horizon Databook has segmented the Thailand automotive wrap films market based on trucks, buses, passengers cars covering the revenue growth of each sub-segment from 2018 to 2030.
Automotive industry in Thailand has shown significant growth in the recent past. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), automobile sales declined by around 21.0% in 2020 due to the COVID-19 pandemic.
Post lifting the lockdown, vehicle sales in the country started to grow, creating a huge demand for automotive wrap films over the forecast period. Thailand is known for its bustling cities, and traffic is a common issue in many urban areas. The capital city of Bangkok, in particular, is notorious for its heavy traffic congestion, especially during peak hours.
Traffic in Bangkok is often slow-moving, and gridlock can occur frequently, leading to long commute times and delays. There are several factors that contribute to traffic congestion in Thailand. One of the main causes is the high number of cars on the road, as car ownership has been increasing in recent years.
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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 Thailand automotive wrap films market , including forecasts for subscribers. This country databook contains high-level insights into Thailand automotive wrap films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand automotive wrap films market size, by application, 2018-2030 (US$M)
Thailand Automotive Wrap Films Market Outlook Share, 2023 & 2030 (US$M)
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