Key Market Indicators
The paint and coating sector is poised for a steady increase in consumption, expected to reach approximately 251 million kilograms by 2028. This marks a rise from around 230 million kilograms in 2023, reflecting an average annual growth rate of 1.4%. Notably, the demand in this industry has already shown a year-on-year increase of 1.3%. In terms of national rankings, Italy leads the charge, followed closely by Germany and the United Kingdom, holding the second, third, and fourth positions respectively.