Keywords :
Automotive Wrap Films Market, Automotive Wrap Films Market Forecast, Automotive Wrap Films Market Growth
Automotive Wrap Films Market Forecast
According to the MRFR analysis, the Global Automotive Wrap Films Industry was valued at more than USD 3 billion in 2018 and is expected to reach over USD 12 Billion by the end of 2025 at a CAGR of 7.5%.
The automotive wrap films are vinyl films primarily used in automobiles to enhance the original paint, overall appearance, and mobile advertisement. Automotive wrap films cover the original paint of the vehicle with the vinyl films of different colors, finish, or gloss, and sometimes with the same color of the vehicle with different finish or gloss. These types of films either partially or completely cover the exterior parts of a vehicle.
In 2018, the price of Automotive Wrap Films Market Forecast varied from USD 0.85 to USD 2 per square meter and is expected to witness an upward trend. However, the wrap films are much affordable than the original vehicle paint.
Some of the stringent standards and regulations for automobile films, especially for window tinting, are:
• Australia: Visible Light Transmission (VLT) of 35% on windows other than the windscreen
• India: In 2012, the Supreme Court of India ordered the ban on all black tint film
• Italy: The window tinting is only permitted for rear windows and rear windshield only without any limits on films graduation
• UK: The front windows in with no less than 70 % VLT
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Report : https://www.marketresearchfuture.com/reports/automotive-wrap-films-market-8392
Regional Analysis
• North America: Market growth is driven by the well-established automotive industry
• Europe: Germany is the largest contributor to the regional market growth owing to the growing automotive aftermarket.
• Asia-Pacific: The largest and fastest-growing regional market for Automotive Wrap Films Market Forecast
• Latin America: A small but growing automotive industry is likely to fuel the demand for wrap films in the coming years.
• Middle East & Africa: High growth potential of the automotive aftermarket may drive the regional market growth during the forecast period.
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