The paints and varnishes market in Greece, characterized by products based on acrylic or vinyl polymers dispersed in a non-aqueous medium, varied in value from 2013 to 2023, ending at 19.478 million Euros in 2023. The market saw significant fluctuations, including a notable drop in 2017 by 18.82% and another decline in 2020 by 17.76%. Recovery attempts were made with a 13.83% increase in 2021. Over the past five years, the market maintained a slight contraction trend, averaging an annual -0.33% decrease.
Future trends to watch for include:
- Shifts towards sustainable and eco-friendly products, driven by regulatory pressures and consumer preferences.
- Technological advancements leading to innovations in product efficiency and application.
- Potential recovery in demand driven by construction and renovation activities.
How does Greece rank in Paints and Varnishes Based on Acrylic or Vinyl Polymers Dispersed or Dissolved in a Non-Aqueous Medium with the Weight of the Solvent at Least 50% of the Weight of the Solution Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 94,801,000 | 2023 | +1.21% | +0.42% | View data |
| 2 | 2 Italy | 92,776,000 | 2023 | -0.13% | -3.64% | View data |
| 3 | 3 Netherlands | 52,611,000 | 2023 | -4.47% | -5.31% | View data |
| 4 | 4 Poland | 41,210,000 | 2023 | +1.79% | +0.33% | View data |
| 5 | 5 Greece | 19,478,000 | 2023 | -0.53% | -0.33% | |
| 6 | 6 Portugal | 5,032,700 | 2023 | -1.18% | -3.4% | View data |
| 7 | 7 Croatia | 2,495,200 | 2023 | +0.7% | +0.84% | View data |
