Key Market Indicators
The global consumption of paint and coatings is projected to decline to approximately 238 million kilograms by 2028, down from around 243 million kilograms in 2023. This marks an average annual decrease of 0.3%. Demand for these products has already seen a notable downturn, dropping by 2.5% year-on-year. Despite the overall decline, Italy, Germany, and the United Kingdom have maintained their positions as significant consumers, ranking second, third, and fourth respectively in the global standings.
