The Austrian market for paints and varnishes based on acrylic or vinyl polymers in an aqueous medium displayed a fluctuating trend from 2013 to 2023. After reaching a peak in 2014, the market contracted significantly by 2023 with a volume of 51.146 million kilograms. The last two years witnessed slight declines with year-on-year reductions of -0.15% in both 2022 and 2023. Over the last five years, the compound annual growth rate (CAGR) averaged at -1.17%, indicating a gradual shrinking of the market.
Looking ahead, the market may experience shifts influenced by environmental regulations, trends toward sustainable products, and potential innovations in paint technology. Monitoring these factors will be crucial for predicting future market directions.
How does Austria 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 |
| 11 | 11 Greece | 80,190,000 | 2023 | -0.066% | +3.05% | View data |
| 12 | 12 Belgium | 70,327,000 | 2023 | +2.1% | +3% | View data |
| 13 | 13 Austria | 51,146,000 | 2023 | -0.15% | -1.17% | |
| 14 | 14 Denmark | 47,945,000 | 2023 | +1.38% | +2.57% | View data |
| 15 | 15 Finland | 44,942,000 | 2023 | +0.76% | +0.79% | View data |
