India Automotive Films Market is expected to reach US$ 424.98 Million by 2031


PRESS RELEASE BY The Insight Partners 01 Oct 2024

Share this press on


Increasing Popularity of Paint Protection Films Fuel India Automotive Films Market Growth

According to the latest market study on “India Automotive Films Market Forecast to 2031 – Country Share, Trend, and Growth Opportunity Analysis – by Film Type and Application,” the market was valued at US$ 281.98 million in 2023 and is projected to reach US$ 424.98 million by 2031; it is anticipated to record a CAGR of 5.3% from 2023 to 2031. The report highlights key factors contributing to the India automotive films market size and prominent players, along with their developments in the market. 

The India automotive films market is experiencing steady growth, driven by a combination of factors that highlight its increasing significance in the automotive industry. Automotive films, which include products such as window tints, paint protection films, and vehicle wraps, have become essential for enhancing the aesthetics, functionality, and safety of vehicles in India. The market’s expansion is primarily fueled by the rising vehicle ownership, the growing consumer awareness about vehicle aesthetics and protection, and the increasing need for vehicle privacy and comfort.

India Automotive Films Market Breakdown – by Country

India Automotive Films Market Breakdown – by Country


India Automotive Films Market Report Analysis by 2031

Download Free Sample

India Automotive Films Market Size and Forecast (2021 - 2031), Country Share, Trend, and Growth Opportunity Analysis Report Coverage: By Film Type (Window Films/Tints, Wrap Films, and Paint Protection Films) and Application (Passenger Cars, Commercial Vehicles, and Two Wheelers and Others)

The growing demand for enhanced vehicle protection is a major driver for the India automotive films market. As more consumers invest in vehicles, they seek ways to protect their investments from external factors such as UV radiation, heat, scratches, and environmental damage. Paint protection films and UV-protective window tints are highly preferred in this regard, as they help preserve the vehicle’s appearance and extend its lifespan. The hot and sunny climate in many parts of India further boosts the demand for films that offer heat and UV protection, making them an essential accessory for vehicle owners. Additionally, the market is witnessing a surge in demand for automotive films due to the increasing popularity of vehicle customization. Moreover, the rising technological innovations are expected to remain among the major India automotive films market trends in the coming years. 

Many consumers, especially younger demographics, are looking to personalize their vehicles with unique designs, colors, and finishes, which can be easily achieved through vehicle wraps and decorative films. This trend is supported by the growing number of customization shops and online platforms that offer a wide range of film options, catering to diverse consumer preferences. The automotive films market in India is witnessing a dynamic shift, primarily driven by the increasing popularity of paint protection films (PPF). According to AUDI AG, Audi India has expanded from seven Audi Approved:plus facilities in 2020 to 27 in 2024, bringing the total number of touchpoints to over 64. As a result, what was once considered a luxury product is now gaining traction among owners of mid-range and even-level vehicles. Therefore, as consumers become more focused on vehicle preservation, customization, and resale value, the demand for PPF continues on an upward trajectory. The increasing popularity of paint protection films fuels the India automotive films market growth.

The India automotive films market analysis is carried out by identifying and evaluating key players in the market. 3M Co; Hexis SAS; Compagnie de Saint Gobain SA; Garware Hi - Tech Films Limited; GoodFellas ARG – SOHO; Cosmo Sunshield; MANMACHINE AUTOMOTIVE PVT. LTD.; Pulsar Enterprises Pvt Ltd; Global Pet Films, Inc.; and Eastman Chemical Co, are among the key players profiled in the India automotive films market report.

India Automotive Films Market Report Segmentation:

Based on film type, the market is segmented into window films/tints, wrap films, and paint protection films. The window films/tints segment held the largest India automotive films market share in 2023. The window films/tints segment in the India automotive films market is experiencing steady growth, driven by increasing consumer awareness and the rising demand for enhanced vehicle aesthetics and privacy. Wrap films are vinyl graphics applied directly over the original paint of the vehicle. Wrap films, primarily used for vehicle customization, provide an alternative to traditional paint jobs, offering vehicle owners the flexibility to alter the appearance of their cars without a long-term commitment.

Based on application, the market is segmented into passenger cars, commercial vehicles, and two wheelers and others. The passenger cars segment held the largest India automotive films market share in 2023. The passenger cars segment in the India automotive films market is a key driver of overall industry growth, reflecting the increasing demand for vehicle customization, comfort, and protection among Indian consumers. As the largest segment within the automotive market, passenger cars represent a significant opportunity for automotive film manufacturers and installers, particularly as vehicle ownership continues to rise across the country.

Contact Us
 
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com

Download Free PDF Brochure