The forecast for the import of acrylic or vinyl polymer paint or varnish, non-aqueous into the UK from 2024 to 2028 shows a steady increase in value from $150.65 million in 2024 to $163.79 million in 2028, with year-on-year growth averaging around 2% to 2.1%. In 2023, the imports stood at approximately $147.6 million. This reflects a steady upward trend with a compound annual growth rate (CAGR) of approximately 2.05% over the next five years.
Future trends to watch for include:
- Impact of Brexit on trade policies, potentially affecting costs and supply chain dynamics.
- Changes in global raw material prices, influencing import costs.
- Environmental regulations impacting demand and formulation of these products.