The Paints and Varnishes market in Portugal, based on acrylic or vinyl polymers in an aqueous medium, showed significant fluctuations between 2013 and 2023. The market volume stood at 110.99 million kilograms in 2023. Over the recent two-year period, a slight rise was observed with a modest year-on-year increase of 0.23% for 2023, following a 1.75% increase in 2022. However, over the five-year span leading to 2023, the market demonstrated a compound annual growth rate (CAGR) of 1.16%.
Future trends to watch for in this market include:
- Increased demand for eco-friendly and sustainable products.
- Technological advancements enhancing product quality and application methods.
- Shift towards specialized and high-performance coatings.
- The influence of regulatory standards on market dynamics.
How does Portugal rank in Paints and Varnishes Based on Acrylic or Vinyl Polymers in an Aqueous Medium Market Size Volume?
| # | 22 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 788,300,000 | 2023 | -0.48% | +0.16% | View data |
| 2 | 2 United Kingdom | 588,050,000 | 2023 | +1.43% | +2.11% | View data |
| 3 | 3 Spain | 479,600,000 | 2023 | +1.71% | -0.12% | View data |
| 4 | 4 Italy | 477,680,000 | 2023 | -0.94% | -1.25% | View data |
| 5 | 5 France | 470,860,000 | 2023 | +1.14% | +0.56% | View data |
| 6 | 6 Poland | 322,410,000 | 2023 | -0.78% | -0.84% | View data |
| 7 | 7 Hungary | 130,570,000 | 2023 | +3.18% | +2.75% | View data |
| 8 | 8 Portugal | 110,990,000 | 2023 | +0.23% | +1.16% | |
| 9 | 9 Czech Republic | 98,799,000 | 2023 | -1.22% | -1.94% | View data |
| 10 | 10 Sweden | 98,079,000 | 2023 | +0.24% | +0.57% | View data |
