The Austrian market for paints and varnishes based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium demonstrated fluctuating trends from 2013 to 2023, standing at 52.866 million kilograms by the end of 2023. Over the last two years, the market showed modest growth, with slight year-on-year increases of approximately 0.79% and 0.78% in 2022 and 2023, respectively. The compound annual growth rate (CAGR) over the past five years was a moderate 0.15%, indicating a stable but slow recovery following previous declines.
Future trends to watch for include:
- Potential market growth driven by increasing demand for eco-friendly and water-based paints alongside environmental regulations.
- Advancements in technology leading to improved paint products with enhanced durability and finish.
- Potential impact of economic factors and construction activity on consumption volumes in the coming years.
How does Austria rank in Paints and Varnishes Based on Acrylic or Vinyl Polymers Dispersed or Dissolved in an Aqueous Medium Market Size Volume?
| # | 21 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 568,210,000 | 2023 | -1.68% | -1.34% | View data |
| 2 | 2 United Kingdom | 536,890,000 | 2023 | +1% | +1.59% | View data |
| 3 | 3 France | 469,240,000 | 2023 | -0.19% | +0.5% | View data |
| 4 | 4 Spain | 316,180,000 | 2023 | -0.88% | -0.21% | View data |
| 5 | 5 Italy | 288,300,000 | 2023 | -3.38% | -4.42% | View data |
| 10 | 10 Netherlands | 85,772,000 | 2023 | -1.1% | -1.21% | View data |
| 11 | 11 Greece | 82,217,000 | 2023 | -0.058% | +3.54% | View data |
| 12 | 12 Austria | 52,866,000 | 2023 | +0.78% | +0.15% | |
| 13 | 13 Belgium | 50,409,000 | 2023 | +0.58% | +1.57% | View data |
| 14 | 14 Finland | 37,959,000 | 2023 | +0.58% | +1.36% | View data |