EU - Paints And Varnishes - Market Analysis, Forecast, Size, Trends and Insights
Germany Outstrips Other EU Countries In Paints And Varnishes Consumption
With nearly 1.12 million tonnes of paints and varnishes sold in 2013, Germany became the EU leading consuming country. Per capita consumption in Germany was estimated at 13.6 kg/year, slightly higher than the EU average (12.2 kg/year).
This country held a 18% share of total EU market, followed by Italy (14%), the UK (12%), France (12%) and Spain (10%), together accounting for approximately 66% of total EU consumption in 2013. These countries were also the leading producers of paints and varnishes in the EU.
In 2013, EU paints and varnishes consumption decreased by 1%. While positive annual growth rates of consumption in 2007-2013 were registered in Estonia with 13.7% growth, Slovakia and Austria, with 5.4% and 3.7% growth, respectively, the balance of the other countries showed negative dynamics.
In Estonia, paints and varnishes consumption grew rapidly in recent years. In 2013, Romania's per capita consumption reached 12.3 kg/year (close to the EU-average of 12.2 kg/year) as compared with 5.6 kg/year in 2007.
The share of domestic supply was relatively stable over the last 7 years (98%), attesting to consumers' loyalty to domestic products despite the economic crisis. In the medium term, this tendency is expected to continue.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the paints and varnishes market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
We can help you conduct market research and write a report using the most reliable data