Key Market Indicators
The consumption of paint and coating materials is projected to see a slight decline by 2028. According to recent data, the total consumption is expected to drop to approximately 1.94 billion kilograms, down from 1.95 billion kilograms in 2023. This marks an average annual decrease of 0.1%. The trend follows a more pronounced reduction in demand, which has fallen by 0.6% year on year. In the European market, Italy, Germany, and the United Kingdom hold significant positions, ranking second, third, and fourth respectively in terms of consumption.
