The market for paints and varnishes based on acrylic or vinyl polymers in an aqueous medium in Portugal reached a value of €308.3 million in 2023, marking a growth of 1.11% from the previous year. Over the last decade, the market has displayed fluctuations, with significant growth in 2015 and 2019 but faced declines in 2016, 2017, and 2022. Over the past five years, the compounded annual growth rate (CAGR) was 1.07%, indicating modest growth.
Looking forward, key trends to monitor in this market include innovations in eco-friendly and sustainable products, increasing consumer preference for water-based solutions, and potential impacts of regulatory changes on chemical formulations. Continued focus on sustainability could drive future demand.
How does Portugal rank in Paints and Varnishes Based on Acrylic or Vinyl Polymers in an Aqueous Medium Market Size Value?
| # | 20 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,104,700,000 | 2023 | +0.14% | +1.28% | View data |
| 2 | 2 France | 1,708,500,000 | 2023 | -0.45% | -0.77% | View data |
| 3 | 3 United Kingdom | 1,432,300,000 | 2023 | -0.76% | +0.024% | View data |
| 4 | 4 Italy | 1,401,200,000 | 2023 | -1.13% | -1.38% | View data |
| 5 | 5 Spain | 920,690,000 | 2023 | +1.5% | +0.24% | View data |
| 7 | 7 Sweden | 462,210,000 | 2023 | +0.77% | +1.91% | View data |
| 8 | 8 Romania | 341,210,000 | 2023 | +3.4% | +3.67% | View data |
| 9 | 9 Portugal | 308,300,000 | 2023 | +1.11% | +1.07% | |
| 10 | 10 Czech Republic | 293,190,000 | 2023 | +3.71% | +0.82% | View data |
| 11 | 11 Hungary | 231,530,000 | 2023 | +3.86% | +4.63% | View data |
