Automotive Wrap Films Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to automotive wrap films market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Automotive Wrap Films Market News

  • In June 2024, Avery Dennison unveiled a major leap in environment-friendly innovation for New Zealand and Australia markets named, SP 1504 Easy Apply RS™. The innovative digital print film is carefully designed for corporate branding and ecologically conscious vehicle wrapping.
  • In June 2022, 3M Company launched a novel wrap film, named 3M™ Print Wrap Film IJ280. The best-in-class vehicle wrap is specially designed for installers and converters who demand exceptional performance, productivity, and print quality.
  • In June 2022, HEXIS, a leading manufacturer and provider of adhesive films for surface protection and visual communication pronounced alliance with ProTech® Monte-Carlo for protection and efficiency of vehicles. The partnership aims to ensure protection of vehicles bodies in response to external hostility.

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Automotive Wrap Films Market size was valued at USD 7.83 Billion in 2023 and is poised to grow from USD 9.58 Billion in 2024 to USD 47.92 Billion by 2032, growing at a CAGR of 22.30% during the forecast period (2025-2032).

'Avery Dennison Corporation  ', 'Arlon Graphics LLC  ', '3M  ', 'KPMF  ', 'Fedrigoni S.P.A  ', 'Vvivid Vinyl  ', 'ORAFOL Europe GmbH  ', 'Hexis S.A.S  ', 'Guangzhou Carbins Film Co., LTD  ', 'JMR Graphics  ', 'Eastman Chemical Company  ', 'Kay Premium Marking Films  ', 'Ritrama S.p.A  ', 'FlexiShield  ', 'TeckWrap  ', 'Lintec Corporation  ', 'APA S.p.A.  ', 'INOZETEK  ', 'Universal Products, Inc.  ', 'Aslan, Schwarz GmbH & Co. KG '

Mobile advertising has gained huge prominence in recent years. Today, businesses are also becoming aware of the efficiency of vehicle wraps through mobile advertising. Wrapping for vehicles helps increase the visibility of the brand and reach a broad audience, mainly on roads. As compared to conventional marketing, vehicle wraps are a cost-effective option, increasing its attraction for businesses that aim to increase their marketing.

Environment-Friendly Materials and Sustainability: Industries are increasingly shifting towards sustainability and therefore manufacturers are largely focusing on sustainable materials. Most companies are engaged in the development of environment-friendly wrap films that are made with biodegradable or recyclable materials. This trend helps companies and the leading brands to improve their sustainability profiles besides catering to the consumer demand for green products.

Geographically, North America dominated the market in previous years and is expected to lead over the forecast period owing to growing vehicle ownership, strong consumer preferences, fast adoption of improved technologies, and established automotive industry. The presence of large vehicle ownership in the region demands increased customization and innovative products like wraps. There is an increased demand for personalization among consumers, fueling interest in attractive vehicle aesthetics. Also, North America is leading in terms of technology adoption like automotive wraps and digital printing solutions. The key players profiled in the region include 3M Company, Avery Dennison Corporation, Oracal USA, Arlon Graphics, LLC, Vvivid Vinyl, Hexis S.A., and more.

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Global Automotive Wrap Films Market
Automotive Wrap Films Market

Report ID: SQMIG25A2323

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