The market for paints and varnishes based on polyesters, acrylic, or vinyl polymers in a non-aqueous medium in Portugal reached a value of €370.57 million in 2023. Over the past two years, the market has seen consistent growth, with a year-on-year increase of 2.71% in 2023. Over the last five years, the compound annual growth rate (CAGR) was relatively stable at 2.26%. Notably, despite some fluctuations, the market has maintained an upward trajectory since 2016.
Future trends to watch for include:
- Growing demand for eco-friendly and sustainable paint solutions.
- Technological advancements leading to innovative product offerings.
- Increased construction and infrastructural activities driving market growth.
How does Portugal rank in Paints and Varnishes Based on Polyesters, Acrylic or Vinyl Polymers in a Non-Aqueous Medium Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,338,500,000 | 2023 | +1.46% | -1.3% | View data |
| 2 | 2 France | 1,306,700,000 | 2023 | -0.94% | -1.53% | View data |
| 3 | 3 United Kingdom | 1,244,800,000 | 2023 | +1.22% | +2.11% | View data |
| 4 | 4 Italy | 1,132,500,000 | 2023 | -2.66% | -3.85% | View data |
| 5 | 5 Poland | 877,930,000 | 2023 | +1.8% | +0.58% | View data |
| 7 | 7 Czech Republic | 399,820,000 | 2023 | +1.88% | +4.94% | View data |
| 8 | 8 Netherlands | 384,550,000 | 2023 | -1.56% | -3.07% | View data |
| 9 | 9 Portugal | 370,570,000 | 2023 | +2.71% | +2.26% | |
| 10 | 10 Romania | 273,850,000 | 2023 | +1.61% | +1.66% | View data |
| 11 | 11 Greece | 260,790,000 | 2023 | +1.08% | +2.68% | View data |
