The German market for paints and varnishes based on acrylic or vinyl polymers in an aqueous medium has shown variable growth over the years. From 2013 to 2023, the value increased from 1.3237 billion Euros to 1.5427 billion Euros.
Recent trends indicate a positive recovery with a 1.74% year-on-year increase for 2023, following a 1.6% increase in 2022. The five-year CAGR stands at 2.43%, showing moderate average annual growth since 2018.
Future trends to watch include technological advancements increasing the product's efficiency, environmental regulations steering market dynamics, and shifts in construction and renovation activity impacting demand in Germany.
How does Germany 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% | |
| 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 |