Forecast: Sold Production of Paints, Varnishes, Printing Ink and Mastics in Sweden

In 2023, the sold production of paints, varnishes, printing ink, and mastics in Sweden stood at 712 million kilograms. The forecasted data for 2024 indicates a production volume of 728.74 million kilograms, reflecting a year-on-year increase of 2.36% from 2023. For 2025, the volume is expected to rise to 745.7 million kilograms, showing a 2.33% increase from 2024. This upward trend continues with 762.49 million kilograms in 2026 (2.25% increase), 779.12 million kilograms in 2027 (2.19% increase), and 795.57 million kilograms in 2028 (2.11% increase). The compound annual growth rate (CAGR) for the period from 2024 to 2028 is approximately 2.24%.

Future trends to watch for include:

  • Technological advancements in paint and ink formulations improving efficiency and sustainability.
  • Increased focus on environmentally-friendly products, potentially driving innovations and shifts in consumer preferences.
  • Economic fluctuations that could impact industrial demand and production volumes.

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