The Swedish market for paints and varnishes based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium showed fluctuating values from 2013 to 2023, with a market size of 391.8 million Euros in 2023. The market experienced sporadic growth and declines, with the most significant annual growth in 2019 at 13.58%. Year-on-year variation in 2022 and 2023 was relatively stable at 0.64% and 0.63%, respectively. Over the last five years, the compound annual growth rate was 1.94%, indicating moderate stability and potential for growth.
Future trends to watch for in this market include:
- Environmental regulations pushing for eco-friendly and water-based solutions.
- Technological advancements in paint and varnish formulations improving product performance.
- Potential volatility in raw material costs affecting pricing strategies.
| # | 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 |
| 6 | 6 Spain | 621,440,000 | 2023 | -0.54% | +0.97% | 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% | |
| 9 | 9 Portugal | 292,930,000 | 2023 | +2.36% | +3.45% | View data |
| 10 | 10 Romania | 206,830,000 | 2023 | +2.8% | +3.6% | View data |
