Over the past decade, the Croatian paints and coatings market exhibited consistent growth, reaching 307.8 million Euros in 2023. A notable surge occurred in 2018 with a 16.18% increase. Year-on-year gains were generally moderate, most prominently in 2016 and 2022. The five-year CAGR up to 2023 was 1.65%, indicating stable, if tempered, growth. The market kept a positive trajectory despite slight variabilities year-to-year.
Future trends to watch include:
- Increased adoption of eco-friendly paint options.
- Technological advancements facilitating customization and efficiency.
- Potential expansion in construction activities boosting demand.
How does Croatia rank in Paints and Coatings Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 6,222,600,000 | 2023 | +5.31% | +5.57% | View data |
| 2 | 2 Germany | 5,339,000,000 | 2023 | +0.19% | +3.24% | View data |
| 3 | 3 United Kingdom | 4,832,500,000 | 2023 | +0.73% | +1.8% | View data |
| 4 | 4 France | 4,665,700,000 | 2023 | +0.44% | -0.099% | View data |
| 5 | 5 Spain | 4,281,100,000 | 2023 | +1.58% | +1.4% | View data |
| 17 | 17 Slovakia | 438,700,000 | 2023 | +2.32% | -3.23% | View data |
| 18 | 18 Bulgaria | 333,680,000 | 2023 | +1.55% | +1.12% | View data |
| 19 | 19 Croatia | 307,800,000 | 2023 | +2.23% | +1.65% | |
