In 2023, the sold production of paints and varnishes based on polyesters, acrylic, or vinyl polymers in a non-aqueous medium in France stood at 1.165 billion euros. The forecasted data for 2024 to 2028 indicates a slight and steady decline. Year-on-year, the values show minor decreases ranging from approximately 0.12% to 0.13% annually.
Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately -0.13%, reflecting a very modest downward trend.
Future trends to watch for:
- The impact of sustainable and eco-friendly products as environmental regulations become more stringent.
- Technological advancements in formulations that could enhance the performance of these products.
- Market demand linked to construction and automotive sectors, which are major consumers of such paints and varnishes.