In 2023, the market size for paints and varnishes based on polyesters, acrylic, or vinyl polymers in a non-aqueous medium in Croatia reached 132.49 million Euros. Over the past decade, the market depicted fluctuations, with a notable increase from 2013 to 2016, a decline in 2017, followed by a gradual rise from 2018 to 2023. The most recent years show a stable upward trajectory, with a 3.03% year-on-year increase in 2023. The compound annual growth rate (CAGR) over the last five years is 1.67%.
Future trends to watch for include:
- Potential innovations in eco-friendly non-aqueous formulations.
- Expansion in construction and automotive sectors boosting demand.
- Emerging economic changes impacting import/export dynamics.
- Technological advancements could drive cost efficiency and product differentiation.
How does Croatia rank in Paints and Varnishes Based on Polyesters, Acrylic or Vinyl Polymers in a Non-Aqueous Medium Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,338,500,000 | 2023 | +1.46% | -1.3% | View data |
| 2 | 2 France | 1,306,700,000 | 2023 | -0.94% | -1.53% | View data |
| 3 | 3 United Kingdom | 1,244,800,000 | 2023 | +1.22% | +2.11% | View data |
| 4 | 4 Italy | 1,132,500,000 | 2023 | -2.66% | -3.85% | View data |
| 5 | 5 Poland | 877,930,000 | 2023 | +1.8% | +0.58% | View data |
| 15 | 15 Sweden | 160,960,000 | 2023 | -6.16% | -5.54% | View data |
| 16 | 16 Hungary | 136,410,000 | 2023 | +1.14% | -1.33% | View data |
| 17 | 17 Croatia | 132,490,000 | 2023 | +3.03% | +1.67% | |
| 18 | 18 Finland | 114,200,000 | 2023 | -0.81% | -1.74% | View data |
| 19 | 19 Bulgaria | 79,415,000 | 2023 | +2.29% | +3.05% | View data |
