Key Market Indicators
The consumption of paint and coatings is projected to rise to approximately 321 million kilograms by 2028, up from around 310 million kilograms in 2023. This represents an average annual growth rate of 0.6%. This steady demand increase has been consistent, with a year-on-year growth rate of 0.6%. Notably, Italy, Germany, and the United Kingdom rank second, third, and fourth respectively in this market segment.