From 2013 to 2023, the UK's market for paints and varnishes based on acrylic or vinyl polymers in aqueous mediums experienced volatility. The market grew steadily until 2016, dropped significantly in 2017 and 2018, and further declined in 2020 due to economic disruptions. Recoveries in 2021 and 2022 boosted values, though growth slowed slightly by 2023, standing at 1.3373 billion euros. Over the past two years, the market showed moderate recovery with a small year-on-year decline in 2023. The five-year CAGR from 2019 to 2023 is relatively flat at 0.28%.
Future trends to watch for include innovations in eco-friendly and sustainable coatings, regulatory changes promoting low-VOC products, and increased demand in construction and renovation, which could drive market growth.
How does the United Kingdom 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% | |
| 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 |
