The market for paints and varnishes in Germany, based on polyesters, acrylic, or vinyl polymers in a non-aqueous medium, has shown variability from 2013 to 2023, standing at 1.34 billion euros in 2023. Notable trends include peaks in 2014 and 2017 and declines between 2018-2020. Growth resumed in 2021, with a slight increase into 2023. Year-on-year trends revealed fluctuations, with 2023 exhibiting a 1.46% increase. Over five years, the compound annual growth rate was -1.3%, suggesting a declining trend.
Future trends to watch for include the adoption of sustainable materials, innovation in faster-drying products, and environmental regulations influencing market dynamics.
How does Germany rank in Paints and Varnishes Based on Polyesters, Acrylic or Vinyl Polymers in a Non-Aqueous Medium Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,338,500,000 | 2023 | +1.46% | -1.3% | |
| 2 | 2 France | 1,306,700,000 | 2023 | -0.94% | -1.53% | View data |
| 3 | 3 United Kingdom | 1,244,800,000 | 2023 | +1.22% | +2.11% | View data |
| 4 | 4 Italy | 1,132,500,000 | 2023 | -2.66% | -3.85% | View data |
| 5 | 5 Poland | 877,930,000 | 2023 | +1.8% | +0.58% | View data |
