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Mar 26, 2023 (The Expresswire) --"Final Report will add the analysis of the impact of COVID-19 on this industry."
Latest “Automotive Wrap Films Market” Research 2023-2027 with [96 Pages] offers comprehensive and qualitative insights into marketing growth size, share, SWOT analysis (Strength, Weakness, Opportunities and Trends). The report presents current and futuristic growth developments scenario based on industry type [Cast Film, Calendered Film], applications [Light Duty Vehicle, Medium Duty Vehicle], and regions. This Automotive Wrap Films market report covers a strategic casement of top manufacturers, competitive landscape, and company profile analysis, including growth revenue and industry CAGR status.
The report also covers emerging trends and recent developments in the market, including consumption data by country and forecasted data up to 2027. Furthermore, the report also highlights production and consumption scenarios, supply-demand status, and the latest opportunities and challenges for the forecast period.
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Automotive Wrap Films is long-term, removable, dual cast films designed for solid color passenger vehicle detailing, decoration and full wraps and provide excellent opacity to hide high-contrast surfaces
These films are primarily used for the purposes â first being to change or enhance the appearance of a vehicle and the second being to safeguard the original paint from dust and corrosion. One single wrap on a vehicle can last up to five years â making it a relatively affordable option. Continuous growth in the Pre-owned car markets has also led to the increase in demand of wrap films as the major scratches, improper paint and other defects can be made unnoticeable with the help of the wrap films. Globally, automotive wrap films witness significant demand, due to rising consumer interest towards paint protection and colour change films.
In the last several years, global market of automotive wrap films developed rapidly, with an average growth rate of 16Percent. In 2017, global revenue of automotive wrap films is nearly 2.3 billion USD; the actual production is about 380 M Sqm.
Market Analysis and Insights: Global Automotive Wrap Films Market
The global Automotive Wrap Films market was valued at USD 2860 million in 2019 and it is expected to reach USD 6100.2 million by the end of 2026, growing at a CAGR of 11.3Percent during the forecast period.
The Major Players Covered in the Automotive Wrap Films Market Are:
● Avery Dennison
● Orafol Group
● Vvivid Vinyl
● Arlon Graphics
● Guangzhou Carbins
The Automotive Wrap Films market size plays a crucial role in understanding the market essentials, opportunities, regional markets, emerging growth factors, market challenges, and competitors' market share. This comprehensive industry report provides a detailed analysis of the current and upcoming opportunities, helping businesses make informed decisions regarding future investments in the Automotive Wrap Films market.
Global Automotive Wrap Films Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Industry Segment by Type:
● Cast Film
● Calendered Film
Industry Segment by Applications:
● Light Duty Vehicle
● Medium Duty Vehicle
● Heavy Duty Vehicle
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Global Industrial Bioreactors Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Region and Country Coverage:
● North America (United States, Canada and Mexico)
● Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
● South America (Brazil etc.)
● Middle East and Africa (Egypt and GCC Countries)
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Following Key Questions Covered in the Automotive Wrap Films Market Report Are:
● Comprehensive Evaluation of Automotive Wrap Films market carries customers and associations make out systems?
● Impressive Growth factors that are promising importance and constraints in the Automotive Wrap Films market?
● What is the current Automotive Wrap Films market revenue? What is the extended revenue for 2021-2027?
● What are the driving, restraining, trends, and obstacles which will influence the estimating and development of Automotive Wrap Films market?
● SWOT analysis of each critical Automotive Wrap Films players specified along with their association details?
● What Automotive Wrap Films growth energy or accelerating market passes the projected forecast?
● Which countries will value the most astonishing share of the complete Automotive Wrap Films industry in future?
● What Application/end-client categorization or Automotive Wrap Films Product Comprise may see incremental advancement expectation?
● What is the size of Automotive Wrap Films industry of dynamic countries like Asia-Pacific, Latin America, Europe, North America, The Middle East and Africa and so on?
● What Automotive Wrap Films major driving factors and imperatives are holding the Automotive Wrap Films market consistently?
The report also provides a detailed analysis of the competitors' market share, helping businesses to identify key competitors and their strategies. Overall, this Automotive Wrap Films market report delivers valuable insights and data that can help businesses make strategic decisions and maximize their returns on investment.
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Detailed TOC of Global Automotive Wrap Films Market Research Report:
1 Automotive Wrap Films Market Overview
1.1 Product Overview and Scope of Automotive Wrap Films
1.2 Automotive Wrap Films Segment by Type
1.2.1 Global Automotive Wrap Films Market Size Growth Rate Analysis by Type 2021 VS 2027
1.3 Automotive Wrap Films Segment by Application
1.3.1 Global Automotive Wrap Films Consumption Comparison by Application: 2016 VS 2021 VS 2027
1.4 Global Market Growth Prospects
1.4.1 Global Automotive Wrap Films Revenue Estimates and Forecasts (2016-2027)
1.4.2 Global Automotive Wrap Films Production Capacity Estimates and Forecasts (2016-2027)
1.4.3 Global Automotive Wrap Films Production Estimates and Forecasts (2016-2027)
1.5 Global Automotive Wrap Films Market by Region
2 Market Competition by Manufacturers
2.1 Global Automotive Wrap Films Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Automotive Wrap Films Revenue Market Share by Manufacturers (2016-2021)
2.3 Automotive Wrap Films Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Automotive Wrap Films Average Price by Manufacturers (2016-2021)
2.5 Manufacturers Automotive Wrap Films Production Sites, Area Served, Product Types
2.6 Automotive Wrap Films Market Competitive Situation and Trends
2.6.1 Automotive Wrap Films Market Concentration Rate
2.6.2 Global 5 and 10 Largest Automotive Wrap Films Players Market Share by Revenue
2.6.3 Mergers and Acquisitions, Expansion
3 Production and Capacity by Region
3.1 Global Production Capacity of Automotive Wrap Films Market Share by Region (2016-2021)
3.2 Global Automotive Wrap Films Revenue Market Share by Region (2016-2021)
3.3 Global Automotive Wrap Films Production, Revenue, Price and Gross Margin (2016-2021)
3.4 North America Automotive Wrap Films Production Capacity, Growth Rate, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Automotive Wrap Films Production Capacity, Growth Rate, Revenue, Price and Gross Margin (2016-2021)
3.6 China Automotive Wrap Films Production Capacity, Growth Rate, Revenue, Price and Gross Margin (2016-2021)
3.7 Japan Automotive Wrap Films Production Capacity, Growth Rate, Revenue, Price and Gross Margin (2016-2021)
4 Global Automotive Wrap Films Consumption by Region
4.1 Global Automotive Wrap Films Consumption Market Share by Region
4.2 North America
4.4 Asia Pacific
4.5 Latin America
5 Production, Revenue, Price Trend by Type
5.1 Global Automotive Wrap Films Production Market Share by Type (2016-2021)
5.2 Global Automotive Wrap Films Revenue Market Share by Type (2016-2021)
5.3 Global Automotive Wrap Films Price by Type (2016-2021)
6 Consumption Analysis by Application
6.1 Global Automotive Wrap Films Consumption Market Share by Application (2016-2021)
6.2 Global Automotive Wrap Films Consumption Growth Rate by Application (2016-2021)
7 Key Companies Profiled
8 Automotive Wrap Films Manufacturing Cost Analysis
8.1 Automotive Wrap Films Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Raw Materials Price Trend
8.1.3 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Automotive Wrap Films
8.4 Automotive Wrap Films Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Automotive Wrap Films Distributors List
9.3 Automotive Wrap Films Customers
10 Market Dynamics
10.1 Automotive Wrap Films Industry Trends
10.2 Automotive Wrap Films Growth Drivers
10.3 Automotive Wrap Films Market Challenges
10.4 Automotive Wrap Films Market Restraints
11 Production and Supply Forecast
11.1 Global Forecasted Production of Automotive Wrap Films by Region (2022-2027)
11.2 North America Automotive Wrap Films Production, Revenue Forecast (2022-2027)
11.3 Europe Automotive Wrap Films Production, Revenue Forecast (2022-2027)
11.4 China Automotive Wrap Films Production, Revenue Forecast (2022-2027)
11.5 Japan Automotive Wrap Films Production, Revenue Forecast (2022-2027)
12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of Automotive Wrap Films
12.2 North America Forecasted Consumption of Automotive Wrap Films by Country
12.3 Europe Market Forecasted Consumption of Automotive Wrap Films by Country
12.4 Asia Pacific Market Forecasted Consumption of Automotive Wrap Films by Region
12.5 Latin America Forecasted Consumption of Automotive Wrap Films by Country
13 Forecast by Type and by Application (2022-2027)
13.1 Global Production, Revenue and Price Forecast by Type (2022-2027)
13.2 Global Forecasted Consumption of Automotive Wrap Films by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
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The global automotive wrap films market size was valued at USD 4.76 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 22.2% from 2022 to 2030.What industry is car wrapping in? ›
The automotive industry is one of the three most competitive industries in the world. You have to be at your best to survive in this industry, and if you are planning to outlast and outgrow your competitors, you need to think outside the box.Is wrapping a car a good investment? ›
Wrapping is an excellent way to protect your vehicles from wear and tear, thereby retaining the original paint. This retains your vehicles' value and makes it easier if you decide to sell them at some point. Vehicle wraps are easy to remove, making it all the reason to invest, even for a leased vehicle.Can I make money with a car wrap? ›
Car owners can indeed get paid to put ads on their cars—a procedure known as “wrapping”—but some solicitations to join such advertising companies are scams. Unfortunately, this is a field where fraudsters abound. The sums that legitimate advertisers amount to a little extra income per month.What car is best for business wrap? ›
Essential information will include:
- Main service.
Car wraps are a cost-effective alternative to traditional paint jobs. They are also more versatile, as you can easily change the color and design of your car with a simple wrap. Additionally, car wraps provide protection from the elements, as the vinyl acts as a barrier between your car and the outside world.What are people called when they wrap cars? ›
A vehicle wrap installer places different types of these decals, advertisements, logos, and other wrappers on the outside of cars. Your duties include cleaning the car before any installation, fixing the decals or wraps in the proper place, and ensuring they are secure.What is the downside of wrapping a car? ›
Dramatic Colour Changes
As the wrap undergoes more damage, the colour will begin to seep through, becoming more noticeable and losing its overall finish. The protective element of the vinyl wrap will also be lost, again exposing the paintwork to more damage.
Disadvantages of Car Wraps
Purchasing a car wrap that is made of lower quality vinyl or trying to wrap a vehicle by yourself can often result in a less than desirable finish than if you purchase a high-quality vinyl product and have it installed by a car wrap professional.
- Wrapify. Wrapify pays the driver for how far they drive. ...
- Carvertise. Carvertise was founded in 2012 and is linked with a lot of big brands for their advertising. ...
- Free Car Media. Free Car Media offers a unique car wrapping option. ...
- StickerRide. ...
Will Coca-Cola pay you to put a sticker on your car? Unfortunately, Coca-Cola does not have a car-wrap advertising program. Fake Coca-Cola car wrap offers are a common scam that offers to pay people to advertise Coca-Cola on their cars with a logo or other common brand images.Is Autozone car wrap legit? ›
They aren't coming because they don't exist. Some companies have legitimate car wrap programs that pay consumers to shrink-wrap their car in the brand's advertising but it is also a common scam.What is the best color to wrap a car? ›
Do you want to have a car that shows elegance and luxury? Then you should choose a car wrap color like gold, black, or purple. If you want something that shows stability and calmness, go with blue or brown. Thinking about the meaning will help you pick a color you enjoy.What color car is easier to wrap? ›
If you want to avoid any trace of stock color choose a vehicle with a neutral color like black for wraps.Which car wrap lasts the longest? ›
Higher quality vinyl, such as 3M vinyl and Avery cast vinyl, will last longer than low-quality vinyl. High-quality vinyl is UV resistant, more scratch resistant, and less fragile than low-quality vinyl.How long do wraps last on cars? ›
Most car wraps last approximately five to seven years. After five to seven years most vinyl wraps will begin to crack, fade, and peel off the vehicle. An extra two years makes a big difference in getting your money's worth so how do you get your wrap to last closer to the seven year range compared to five?Do car wraps damage easily? ›
Although they've been around for quite some time, many vehicle owners often ask us, does a car wrap damage paint? The truth is that a vinyl wrap or car wrap as some call it, is completely safe to be applied to any type of paint – whether it's gloss or a matte finish.How much money can you make advertising on your car? ›
How much money can you make through car advertising? Each company has a unique application and approval process, but if you're offered a campaign, you can generally expect to have your car wrapped with an advertisement for a few months, earning anywhere from $100 to upwards of $500 a month.How do I get paid to put ads on my car? ›
Wrapify is a popular car advertising company that will pay you to display advertisements on your car and drive within a set zone. They hire drivers who don't mind placing ads on their cars and pay them based on how far they drive. Wrapify campaigns are intended for specific areas only.Can you wrap a car with bad paint? ›
You can wrap a vehicle with faded paint, but you need to consider how extensive the damage is, if the wrap will further damage your paint, and what type of vinyl wrap you will use. If your vehicle has chips along with fading, the wrap will not cover it.
Important Notice Regarding the Vinyl Wrap Industry
The vinyl wrap shortage is due to a worldwide shortage of raw materials needed to produce PVC cast films. ALL manufacturers are experiencing production delays, which causes many products to either be out of stock, create backorders, or delay current backorders.
Each company has a unique application and approval process, but if you're offered a campaign, you can generally expect to have your car wrapped with an advertisement for a few months, earning anywhere from $100 to upwards of $500 a month.What is the lifespan of a car wrap? ›
Most car wraps last approximately five to seven years. After five to seven years most vinyl wraps will begin to crack, fade, and peel off the vehicle. An extra two years makes a big difference in getting your money's worth so how do you get your wrap to last closer to the seven year range compared to five?How long will a wrap last on a car? ›
You should expect your car wrap to last roughly five to seven years, depending on the finish and proper maintenance.Does wrapping a car lose its value? ›
Increased Resale Value
When a car is wrapped, the resale value is considerably greater than for a car that has been repainted. This is primarily because the wrapper can be removed without damaging the car. Since the wrap preserved the paint, the value of your car is higher because it still looks new.
Wrapping the bumper is usually the hardest part, so if you want to dive into the challenge, you can start there. If you want to take it a bit slower, you can attempt the hood of the car and work your way up.Does car wrap last longer than paint? ›
A wrap typically lasts about five years, while a good paint job can shine for decades if it's cared for. And although you won't have to wax the wrap or tend to it the same way you would paint, an automated car wash with brushes or a power washer can tear the vinyl.Do car wraps tear easily? ›
PVC is highly durable and often holds its own against everyday wear and tear. Due to this composition, car wraps can easily sustain minor scratches that can appear with the daily use of your car.What is the easiest car wrap to use? ›
Comparing to other types of vinyl wrap films, to some wrappers, gloss wrap film might be the easiest to wrap. Not sure why? Let's have a look! Gloss vinyl wrap film is considered a standard kind of wrap film.Can I get paid to put advertisements on my car? ›
It's possible — and easy — to get paid to advertise on your car. Companies like Wrapify, Carvertise, and Nickelytics will pay you each month during a campaign for adding a decal, sticker, or wrap to your car that promotes a product or service.
- 6 Car Companies That Pay You Advertise on Your Car. You may have already seen several cars and SUVs on the road in your area with an ad or two on them. ...
- Carvertise. ...
- Car-Bucks. ...
- Wrapify. ...
- StickerRide. ...
- ReferralCars. ...
- Pay Me for Driving.