Between 2013 and 2023, the Polishing Products for Coachwork market in Sweden experienced significant fluctuations. Starting at 6.6781 million Euros in 2013, the market saw a general downward trend, reaching a low of 3.8123 million Euros in 2023. This represents a considerable decline over the decade. Year-on-year variations ranged from a steep decline of 23.42% in 2017 to modest recoveries of 8.67% in 2021. The most recent two years before 2023 saw a combined decline of 18.40%, while the compound annual growth rate over the last five years stood at -2.93%.
Future trends to watch for include:
- Technological advancements in automotive care products.
- Environmental regulations impacting chemical formulations.
- Growing sustainability demands and green product innovations.
- Economic factors affecting consumer spending power.
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 84,970,000 | 2023 | +2.31% | +1.42% | View data |
| 2 | 2 Austria | 10,820,000 | 2023 | -0.45% | -0.51% | View data |
| 3 | 3 Spain | 8,040,500 | 2023 | -6.95% | -4.68% | View data |
| 4 | 4 Portugal | 4,463,500 | 2023 | +0.79% | +0.99% | View data |
| 5 | 5 Sweden | 3,812,300 | 2023 | -9.04% | -2.93% | |
| 6 | 6 Estonia | 612,650 | 2023 | +1.01% | +3.09% | View data |
