Bumper stickers are made up of PVC material; these stickers are very commonly used by advertising industries. Bumper stickers are labels of a company which express ideas of companies and help to increase visibilities of companies. Peoples are got paid to stick these adhesive labels on car bumpers, these stickers are easily visible and alluring in nature. Many auto mobile companies are also using car bumpers stickers for badging of limited editions and other elements which helps increase popularity of that particular model and make it different from other models. Wide scope and acceptance of bumper stickers is a significant factor in growth of global bumper stickers market.

Market Scope and Structure Analysis

• During COVID-19, globally all the industries were suffering from economic crises, spread of corona virus diseases has led to devastating effect on global bumper stickers industry.
• To control spread of Wuhan virus, Nation-wide lockdown was imposed by government resulted in huge disruption in supply chain of raw material and disordering of production cycle.
• Bumper stickers are commonly applied on cars and other vehicles for advertisement, due to lockdown movements of vehicles has been restricted in cities, which has led to great down fall in demand of bumper sticker by advertisement agencies and decline in growth of bumper stickers market.

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Top Impacting Factors-

• Nowadays, bumper stickers are mainly used by advertisement agencies, as these stickers are eye catchy and attention grabbing. Bumper stickers have capabilities to reach large number of audience which helps to build brand image and increase the visibility of companies. Bumper stickers are one of the effective and key modes of advertising. In last few years’ bumper significance of bumper sticker marketing has increased, bumper stickers directly express company’s vision through print media sources. Bumper stickers are very inexpensive compared to other mode of advertisement and generating great profit for advertisement industries, these are key drivers in growth of global bumper sticker markets.    
• Automobile sector is rapidly growing in last few years, with the growing population emergence of vehicles is rising among peoples which is resulting into high traffic and congestion in cities. This problem is taken as opportunity by many companies and advertisement agencies. Increase in numbers of vehicle on roads has extended medium of distribution in bumper stickers, now advertisement agencies will able advertise on larger scale. Increase in usage of vehicles and extension of advertisement channel are prominent factors in growth of global bumper sticker markets.    
• Key players are highly investing in innovation and indulge with R&D process to offer improvised products to its consumers. Key manufactures are come up with reflective bumper stickers; these reflective bumper stickers are made up of vinyl material and adhesives.  When high beam light of vehicle head lamps falls on reflective bumper stickers, messages on stickers are easily and highly visible in nights. Reflective bumpers stickers are also ensure drivers safety as they are easily visible at nights and reduce risk of accidents in low visibility areas. Innovation in bumper stickers made them highly visible at night and also added a safety features for driver which is key factor in growth of growth of global bumper sticker markets.

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Market Trends-

• Rise in trend of bumper sticker for advertisement

Bumper stickers are highly attractive in nature and give a wide scope of advertisement, as some vehicle travels across countries. Bumper stickers are modern and less expensive mode of advertisement, as many small scale manufactures are also using bumper stickers marketing strategy for regional marketing. Reflective bumpers stickers are high visibility in nights and companies vision can be easily conveyed to consumers. Bumper stickers are used in every presidential election of U.S., these stickers are plays key role in U.S. election advertisement. These are some significant factor fueling growth of global bumper stickers market.

• Increase in use of bumper stickers for road safety measure

Many times, roads don’t have street light in some areas, especially in outskirts or rural areas and increase the chance of accidents during night time. Reflective bumper stickers are highly visible at nights and enhance drivers and vehicles safety. These adhesive bumper stickers are made up of vinyl material which flashes and reflects while falling of high beam lights from head lamps of other vehicle. These are some main factors stoking up in growth of global bumper stickers market.

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Key Benefits of Report-

• This study presents the analytical depiction of the bumper sticker Industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the bumper sticker market share.
• The current market is quantitatively analyzed to highlight the bumper sticker market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed bumper sticker market analysis based on competitive intensity and how the competition will take shape in coming years.

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