XPEL, Inc. - Common Stock (XPEL)

Competitors to XPEL, Inc. - Common Stock (XPEL)

3M Company 

3M Company is a diversified technology company that manufactures a wide range of products, including automotive films, paint protection films, and window films. 3M has a significant advantage due to its established brand reputation, extensive R&D capabilities, and a broad distribution network. Their scale allows them to invest heavily in innovation, which has led to advanced products in the market that present a direct competition to XPEL's offerings.

Avery Dennison Corporation 

Avery Dennison Corporation provides a broader array of materials and solutions, including graphics, reflective films, and protective films for vehicles. They compete with XPEL in the automotive film sector through their extensive product catalog and strong market presence. Avery has the competitive advantage of a diversified portfolio and strong customer relationships across various sectors, which they leverage to introduce innovative automotive film solutions.

Llumar

Llumar, a subsidiary of Eastman, also competes in the paint protection and window film market. Llumar emphasizes high-quality products with advanced technology and has a well-established brand presence. The main competition between Llumar and XPEL centers around product performance, warranty options, and customer service. Llumar has a competitive advantage through its extensive network of distributors, but XPEL has been making significant strides in establishing its brand loyalty and quality assurance.

Stek USA

Stek USA specializes in high-performance films for paint protection and is known for its innovative technology in film applications. The company often competes with XPEL based on product durability, ease of installation, and aesthetic options. Stek's competitive advantage lies in its focus on top-tier performance materials and its niche offerings that attract customers looking for specific features not readily available in XPEL’s products.

SunTek

SunTek, a subsidiary of Eastman Chemical Company, provides protective films that compete directly with XPEL's paint protection and window tinting products. SunTek's competitive edge lies in its affiliation with a larger chemical manufacturer, giving it access to enhanced resources and materials technology. While both companies offer similar products, SunTek tends to focus on leveraging Eastman's capabilities to offer unique product features and benefits.