The North America Paint Protection Film Market would witness market growth of 5.3% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 2,670.54 thousand square meters, showcasing a growth of 4.4% (2019-2022).
Heavy machinery in construction and industrial settings is subjected to abrasive conditions and chemical exposure. Paint protection coatings enhance the durability of equipment by providing resistance against abrasion, chemicals, and weathering, contributing to the longevity of the machinery. In the electronics industry, paint protection is a barrier against scratches, smudges, and wear, particularly for devices with external surfaces. This is especially relevant for consumer electronics, where aesthetics plays a significant role in product appeal. Paint protection is applied to building exteriors to safeguard them against weathering, pollution, and other environmental factors. Architectural coatings help to preserve the structural integrity and appearance of buildings over time.
Equipment used in sports and recreational activities, like bicycles, helmets, and outdoor gear, benefit from paint protection to enhance durability. These coatings protect against scratches, impacts, and exposure to the elements, ensuring a longer lifespan for the equipment. Paint protection is applied to personal accessories such as jewellery, watches, and fashion items to maintain their aesthetic appeal. Coatings protect against tarnishing, scratches, and other damage during regular use. Paint protection coatings are used in the packaging of consumer goods to prevent damage during shipping and handling. This is particularly relevant for items with painted surfaces, ensuring they reach consumers in pristine condition.
The Mexican Online Sales Association estimates that the domestic e-commerce sector was worth USD 19.7 billion in 2021, an increase of 27% over 2020. In 2021, there were 57.5 million users of Mexican eCommerce, up 11% from the previous year. In 2020, women made up 51% of Mexican eCommerce users. Hence, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Paint Protection Film Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $125.8 Million by 2030. The Canada market is registering a CAGR of 7.7% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 6.7% during (2023 - 2030).
Free Valuable Insights: The Paint Protection Film Market is Predict to reach USD 681.50 Million by 2030, at a CAGR of 5.5%
Based on Material, the market is segmented into Thermoplastic Polyurethane (TPU), Polyvinyl Chloride (PVC) and Others. Based on End-Use, the market is segmented into Automotive & Transportation, Electrical & Electronics, Aerospace & Defense, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Material (Volume, Thousand Square Meters, USD Million, 2019-2030)
By End-Use (Volume, Thousand Square Meters, USD Million, 2019-2030)
By Country (Volume, Thousand Square Meters, USD Million, 2019-2030)
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