Key Market Indicators
The consumption of paint and coatings is projected to hit approximately 66 million kilograms by 2028, a slight increase from the current level of around 66 million kilograms in 2023. This reflects a negligible average annual growth rate of 0%. Despite the stagnant growth, demand in the sector has seen a notable rise of 3.3% year over year. In the global rankings for paint and coating consumption, Italy, Germany, and the United Kingdom hold the second, third, and fourth positions, respectively.
