The Croatian market for paints and varnishes based on acrylic or vinyl polymers in an aqueous medium, expressed in volume, was 23.421 million kilograms in 2023. Over the last decade, the market size experienced fluctuations with notable decreases during 2013–2015 and again in 2020, while slight recoveries occurred in subsequent years. The year-on-year variation for 2022-2023 showed a slight downturn of -1.23%, while the five-year CAGR was -1.16%, indicating a gradual overall decline.
Looking forward, key trends to watch include increasing demand for eco-friendly and sustainable products and potential growth in the DIY sector, driven by younger, environmentally conscious consumers. Additionally, regulatory changes may impact market dynamics and drive innovation towards less harmful chemical formulations.
How does Croatia 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 |
| 17 | 17 Lithuania | 25,444,000 | 2023 | +4.91% | +4.56% | View data |
| 18 | 18 Ireland | 23,718,000 | 2023 | -4.23% | +0.47% | View data |
| 19 | 19 Croatia | 23,421,000 | 2023 | -1.23% | -1.16% | |
| 20 | 20 Estonia | 13,856,000 | 2023 | +4.97% | +5.72% | View data |
| 21 | 21 Latvia | 7,095,100 | 2023 | +4.14% | -0.21% | View data |
