UAE Automotive Wrap Films Market Size & Outlook, 2023-2030
UAE automotive wrap films market, 2018-2030 (US$M)
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UAE automotive wrap films market highlights
- The UAE automotive wrap films market generated a revenue of USD 343.2 million in 2023 and is expected to reach USD 1,475.9 million by 2030.
- The UAE market is expected to grow at a CAGR of 23.2% 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 343.2 million |
| Market revenue in 2030 | USD 1,475.9 million |
| Growth rate | 23.2% (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, UAE accounted for 4.8% 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 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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UAE 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 60.55% in 2023. Horizon Databook has segmented the UAE 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 the UAE was declining due to the COVID-19 pandemic, however, after the lifting of restrictions it recovered at a fast pace. The changing government policies aimed at increasing the disposable income of consumers are expected to result in some recovery of the automotive market, aiding the growth of the automotive wrap films market.
According to the Dubai Chamber of Commerce and Industry, the automobile market in the UAE has been growing steadily over the past few years, with sales of new and used vehicles. The UAE government has continued to invest in infrastructure and promote initiatives aimed at boosting the automobile market. For instance, the Dubai government launched a new vehicle registration and licensing system in 2020, aimed at streamlining processes and reducing waiting times for customers.
Additionally, the increasing adoption of electric vehicles (EVs) and the growing trend of vehicle customization and personalization are also expected to contribute to the growth of the automotive market in the UAE. Such initiatives can positively impact the automobile demand in the country, thereby resulting in positive market growth for the automotive wrap films market.
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Target buyers of UAE 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE automotive wrap films market , including forecasts for subscribers. This country databook contains high-level insights into UAE automotive wrap films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE automotive wrap films market size, by application, 2018-2030 (US$M)
UAE Automotive Wrap Films Market Outlook Share, 2023 & 2030 (US$M)
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