The Portuguese market for paints and varnishes based on acrylic or vinyl polymers in an aqueous medium reached 292.93 million Euros in 2023. Over the past decade, the market has shown volatility with significant growth in 2015, a retraction in the following years, and steady improvement from 2018 onwards. In the last two years, there was a 2.36% increase from 2022 to 2023, marking slight growth. The five-year CAGR stands at 3.45%, indicating moderate annual growth. Future trends to watch for include:
- Advancements in environmentally friendly products due to increasing regulations and consumer preferences.
- Technological innovations in paint applications could drive efficiency and demand.
- Macroeconomic factors, such as construction industry trends and economic stability, will continue to affect market dynamics.
How does Portugal rank in Paints and Varnishes Based on Acrylic or Vinyl Polymers Dispersed or Dissolved in an Aqueous Medium Market Size Value?
| # | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,542,700,000 | 2023 | +1.74% | +2.43% | View data |
| 2 | 2 France | 1,507,800,000 | 2023 | -1.41% | -1.28% | View data |
| 3 | 3 United Kingdom | 1,337,300,000 | 2023 | -0.44% | +0.28% | View data |
| 4 | 4 Italy | 1,133,100,000 | 2023 | -1.67% | +1.73% | View data |
| 5 | 5 Netherlands | 723,490,000 | 2023 | +7.75% | +9.37% | View data |
| 7 | 7 Poland | 569,630,000 | 2023 | +0.58% | -0.51% | View data |
| 8 | 8 Sweden | 391,800,000 | 2023 | +0.63% | +1.94% | View data |
| 9 | 9 Portugal | 292,930,000 | 2023 | +2.36% | +3.45% | |
| 10 | 10 Romania | 206,830,000 | 2023 | +2.8% | +3.6% | View data |
| 11 | 11 Hungary | 192,540,000 | 2023 | +4.73% | +5.96% | View data |
