U.S. Automotive Wrap Films Market Size & Outlook
U.S. automotive wrap films market, 2018-2030 (US$M)
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U.S. automotive wrap films market highlights
- The U.S. automotive wrap films market generated a revenue of USD 2,191.3 million in 2023 and is expected to reach USD 7,880.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 20.1% 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 2,191.3 million |
| Market revenue in 2030 | USD 7,880.0 million |
| Growth rate | 20.1% (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, U.S. accounted for 30.8% 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 North America, U.S. automotive wrap films market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 617.6 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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U.S. 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 57.04% in 2023. Horizon Databook has segmented the U.S. automotive wrap films market based on trucks, buses, passengers cars covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), the number of motor vehicles produced in the U.S. was 10.8 million units in 2019, which decreased to 8.82 million units in 2020. As per OICA, light-vehicle sales in the U.S. are expected to reach about 15.5 million units in 2022, rising by 2.7% compared to the previous year.
The lifting of the lockdown and resuming of operations are expected to propel the demand for motor vehicle manufacturing as well as automotive wrap films. The presence of several automotive wrap film manufacturers in the country is expected to augment market growth in the coming years.
Automotive wraps are increasingly being used for application on taxis, vans, trucks, boats, RVs, trailers, and buses in the U.S. Increasing number of automotive vehicle production and rising popularity of camouflage wraps is expected to augment demand over the next coming 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 U.S. automotive wrap films market , including forecasts for subscribers. This country databook contains high-level insights into U.S. automotive wrap films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. automotive wrap films market size, by application, 2018-2030 (US$M)
U.S. Automotive Wrap Films Market Outlook Share, 2023 & 2030 (US$M)
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