Key Market Indicators
Consumption of paint and coating is projected to hit approximately 367 million kilograms by 2028, up from around 323 million kilograms in 2023. This marks an average annual growth rate of 2%. In recent years, demand has been on a steady rise, increasing by 1.7% annually. Notably, Italy, Germany, and the United Kingdom have secured the second, third, and fourth spots in this ranking, respectively.