UK Automotive Wrap Films Market Size & Outlook, 2023-2030
UK automotive wrap films market, 2018-2030 (US$M)
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UK automotive wrap films market highlights
- The UK automotive wrap films market generated a revenue of USD 474.8 million in 2023 and is expected to reach USD 2,283.7 million by 2030.
- The UK market is expected to grow at a CAGR of 25.2% 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 474.8 million |
| Market revenue in 2030 | USD 2,283.7 million |
| Growth rate | 25.2% (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, UK accounted for 6.7% 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 Europe, UK automotive wrap films market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 2,283.7 million by 2030.
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Automotive Wrap Films Market Scope
Automotive Wrap Films Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 54.61% in 2023. Horizon Databook has segmented the UK automotive wrap films market based on trucks, buses, passengers cars covering the revenue growth of each sub-segment from 2018 to 2030.
Metamark is one of the major vinyl wrap manufacturers in the economy. The company is involved in extensive R&D and development of next-generation wraps named Meta-mark MD-X. Growing demand for films that provide flexibility and superior print quality is expected to augment the demand for vehicle wraps over the next ten years.
Automotive wrap films are getting more popular with many small wrap installation and customization workshops opening in the country. In addition, the presence of a number of training academies for automotive wrap installation and other customization in the country is expected to boost the market growth.
Increasing demand for vehicles in the economy coupled with a rapid shift toward cost-effective options for vehicle paint protection is expected to propel demand over the coming years. In addition, increasing spending on advertisement coupled with rising number of impressions per day through transit advertisements is expected to propel the demand for automotive wrap films in the economy over the next six years.
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Target buyers of UK 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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Horizon Databook provides a detailed overview of country-level data and insights on the UK automotive wrap films market , including forecasts for subscribers. This country databook contains high-level insights into UK automotive wrap films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK automotive wrap films market size, by application, 2018-2030 (US$M)
UK Automotive Wrap Films Market Outlook Share, 2023 & 2030 (US$M)
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