The paints and coatings market in Ireland, as measured by volume, stood at 65.99 million kilograms in 2023. Over the last decade, the market experienced fluctuations with periods of both decline and growth. The market saw significant growth from 2018 to 2020, peaking in 2020. However, the subsequent years reflected slight declines and a stabilization at around 66 million kilograms by 2023. Notably, the 5-year CAGR rests at approximately 3.34%, indicating moderate growth despite annual variations.
Future trends to watch for include:
- Adoption of eco-friendly and sustainable paint technologies.
- Increasing demand from sectors such as construction and automotive due to regional development and economic recovery.
- Potential impact of global market conditions and regulatory changes on local production and demand.
How does Ireland rank in Paints and Coatings Market Size Volume?
| # | 17 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,996,400,000 | 2023 | +1.45% | +1.28% | View data |
| 2 | 2 Italy | 1,952,400,000 | 2023 | -0.079% | -0.56% | View data |
| 3 | 3 Germany | 1,388,700,000 | 2023 | -3% | -1.63% | View data |
| 4 | 4 United Kingdom | 1,267,300,000 | 2023 | +0.026% | +0.53% | View data |
| 5 | 5 Bulgaria | 705,470,000 | 2023 | +1.56% | +3.39% | View data |
| 14 | 14 Croatia | 199,830,000 | 2023 | +2.84% | +0.27% | View data |
| 15 | 15 Denmark | 177,370,000 | 2023 | +3.36% | +3.84% | View data |
| 16 | 16 Ireland | 65,985,000 | 2023 | +0.018% | +3.34% | |
| 17 | 17 Estonia | 34,029,000 | 2023 | +3.22% | +1.41% | View data |