In 2023, the UK imported 108.6 million kilograms of paints and varnishes based on acrylic or vinyl polymers in an aqueous medium. Forecasts indicate a steady growth through 2028, with expected imports reaching 111.25 million kilograms. The year-on-year growth rates from 2024 to 2028 exhibit a gradual increase, hovering around 0.5%. Over the five-year span, the compound annual growth rate (CAGR) is approximately 0.5%.
Future trends to watch for:
- Impact of environmental regulations on import volumes and preferences for eco-friendly formulations.
- Influence of construction and renovation activities on demand.
- Potential shifts in supply chain dynamics post-Brexit affecting import projections.