The market size of paints and varnishes based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium in Portugal showed fluctuations over the past decade, with the volume standing at 94.823 million kilograms in 2023. Year-on-year variations indicate periods of growth, such as the 9.03% increase in 2015 and the 10.23% rise in 2019. However, recent years experienced declines, notably in 2021 with a -6.43% change, reaching a more moderate decline of -0.17% in 2023. The compound annual growth rate (CAGR) over the past five years indicates a slight decrease at -0.22%.
Future trends to watch for include:
- Increasing demand for environmentally friendly and sustainable products, potentially driving innovation and new formulations.
- Potential recovery in construction and renovation activities, influencing market growth.
- Evolution of regulatory standards impacting production and composition of paints and varnishes.
How does Portugal rank in Paints and Varnishes Based on Acrylic or Vinyl Polymers Dispersed or Dissolved in an Aqueous Medium Market Size Volume?
| # | 21 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 568,210,000 | 2023 | -1.68% | -1.34% | View data |
| 2 | 2 United Kingdom | 536,890,000 | 2023 | +1% | +1.59% | View data |
| 3 | 3 France | 469,240,000 | 2023 | -0.19% | +0.5% | View data |
| 4 | 4 Spain | 316,180,000 | 2023 | -0.88% | -0.21% | View data |
| 5 | 5 Italy | 288,300,000 | 2023 | -3.38% | -4.42% | View data |
| 6 | 6 Poland | 279,630,000 | 2023 | -1.14% | -1.12% | View data |
| 7 | 7 Hungary | 121,140,000 | 2023 | +2.99% | +2.52% | View data |
| 8 | 8 Portugal | 94,823,000 | 2023 | -0.17% | -0.22% | |
| 9 | 9 Sweden | 86,694,000 | 2023 | -0.008% | +0.27% | View data |
| 10 | 10 Netherlands | 85,772,000 | 2023 | -1.1% | -1.21% | View data |
