Germany leads European production of water pigments for leather and paints, significantly outpacing Italy and the UK, the next largest producers. In 2023, significant year-on-year growth was seen in Spain and Sweden, while France and Estonia experienced declines. Over the past five years, the industry saw an average annual growth, reflecting a dynamic yet varied market across countries.
Looking ahead, key trends include Germany's sustained leadership and potential growth in emerging markets. Demand for eco-friendly and innovative pigment solutions are likely to drive future production diversification and technological advancements across the region.
Top countries in Sold Production of Prepared Water Pigments for Finishing Leather, Paints and Varnishes by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 454,720,000 | 2021 | +23.28% | View data | |
| 2 | 2 Italy | 168,560,000 | 2023 | +1.58% | +0.86% | View data |
| 3 | 3 United Kingdom | 61,442,000 | 2023 | +0.99% | +3.54% | View data |
| 4 | 4 Spain | 17,695,000 | 2023 | +1.85% | +12.85% | View data |
| 5 | 5 Sweden | 15,455,000 | 2023 | +3.16% | +10.32% | View data |
| 6 | 6 France | 14,654,000 | 2023 | -0.34% | -1.1% | View data |
| 7 | 7 Finland | 2,571,200 | 2023 | +1.36% | +6.13% | View data |
| 8 | 8 Estonia | 948,540 | 2023 | +5.51% | -2.38% | View data |
| 9 | 9 Portugal | 24,830 | 2023 | +0.0081% | +1.52% | View data |
| 10 | 10 Denmark | 15,730 | 2021 | +1200% | +23.36% | View data |
