The market for paints and varnishes based on acrylic or vinyl polymers in Austria has shown some fluctuations over the years. As of 2023, it stood at 155.89 million Euros, showing a recovery with a 2.64% increase from the previous year. The period between 2013 to 2023 witnessed a declining trend from 2015 to 2020 followed by a gradual recovery in the growth rate. The compound annual growth rate (CAGR) over the last five years is -0.51%, indicating a slow recovery phase.
Trends to watch for in the future include innovations in environmentally friendly products, the impact of sustainable building practices, and potential shifts in consumer preferences towards more biodegradable and non-toxic varieties, which could spur market growth.
How does Austria 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% | View data |
| 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 |
| 12 | 12 Finland | 183,580,000 | 2023 | +1.84% | +2.39% | View data |
| 13 | 13 Greece | 176,480,000 | 2023 | -0.98% | +3.33% | View data |
| 14 | 14 Austria | 155,890,000 | 2023 | +2.64% | -0.51% | |
| 15 | 15 Belgium | 141,510,000 | 2023 | -2.1% | -1.23% | View data |
| 16 | 16 Denmark | 124,740,000 | 2023 | -0.18% | +1.67% | View data |
