World - Paints And Varnishes - Market Analysis, Forecast, Size, Trends And Insights
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Paint and varnish market: enjoy newly released datasets empowered by an Ai-driven market research tool. Information contain exports, production, trade, imports, market size, companies, market prices, and consumption. Here is a breakdown by region, including Russia, the U.S., China, Africa, the Middle East, EU, the U.K., and Latin America. Market dynamics and outlook to 2030 are also featured in the dashboards.
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Paint and Varnish - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | United States |
| 3 | India |
| 4 | Japan |
| 5 | Iran |
In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.
In China, the paint and varnish market remained relatively stable over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+0.0% per year) and India (+0.1% per year).
Paint and Varnish Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Poland | 2898 | 2809 | 2682 | -3.8% |
| China | 3319 | 3160 | 3184 | -2.1% |
| Sweden | 3811 | 3737 | 3493 | -4.3% |
| Spain | 3575 | 3555 | 3526 | -0.7% |
| United Kingdom | 3753 | 3664 | 3544 | -2.8% |
| France | 4099 | 4155 | 3676 | -5.3% |
| United States | 5296 | 5440 | 3745 | -15.9% |
| Italy | 3913 | 3852 | 3873 | -0.5% |
| Netherlands | 3968 | 3973 | 4236 | 3.3% |
| Germany | 4474 | 4328 | 4278 | -2.2% |
| South Korea | 4776 | 4939 | 5242 | 4.8% |
| Belgium | 4946 | 4926 | 5711 | 7.5% |
| Japan | 5710 | 6072 | 6551 | 7.1% |
| Average | 3867 | 3839 | 3721 | -1.9% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Japan ($6,551 per ton), while Poland ($2,682 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| China | 5178 | 6950 | 6115 | 8.7% |
| United States | 6979 | 7627 | 6005 | -7.2% |
| Mexico | 6552 | 6168 | 4636 | -15.9% |
| Canada | 4160 | 4299 | 4160 | 0.0% |
| Germany | 4057 | 3963 | 3959 | -1.2% |
| Belgium | 3952 | 3806 | 3929 | -0.3% |
| Poland | 3697 | 3734 | 3809 | 1.5% |
| Netherlands | 3816 | 3656 | 3657 | -2.1% |
| Spain | 4057 | 4328 | 3606 | -5.7% |
| France | 3837 | 3827 | 3487 | -4.7% |
| Russia | 3560 | 3396 | 3357 | -2.9% |
| United Kingdom | 3205 | 3385 | 3053 | -2.4% |
| South Korea | 3080 | 3095 | 2911 | -2.8% |
| Average | 3675 | 3702 | 3590 | -1.2% |
Prices varied noticeably by the country of destination; the country with the highest price was China ($6,115 per ton), while South Korea ($2,911 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.
Paint and Varnish - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 1.1 | 1.2 | 1.2 | 8.0% |
| Germany | 1.2 | 1.1 | 1.1 | -5.6% |
| Canada | 1.1 | 1.1 | 1 | -0.9% |
| United States | 1 | 1 | 0.9 | -2.9% |
| Poland | 0.8 | 0.9 | 0.9 | 2.3% |
In value terms, the largest paint and varnish importing markets worldwide were China ($1.2B), Germany ($1.1B) and Canada ($1B), together accounting for 16% of global imports. These countries were followed by the United States, Poland, Belgium, France, the Netherlands, Russia, Mexico, the UK, Spain and South Korea, which together accounted for a further 35%.
Among the main importing countries, Belgium recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Paint and Varnish - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Germany | 3.9 | 3.7 | 3.6 | -3.3% |
| United States | 2.4 | 2.4 | 2.2 | -4.7% |
| Japan | 1.9 | 1.9 | 2 | 0.4% |
| Italy | 1.6 | 1.6 | 1.6 | -1.9% |
| Netherlands | 1.1 | 1 | 1.1 | 0.1% |
In value terms, the largest paint and varnish supplying countries worldwide were Germany ($3.6B), the United States ($2.2B) and Japan ($2B), together comprising 37% of global exports. Italy, the Netherlands, France, Belgium, the UK, Spain, China, South Korea, Poland and Sweden lagged somewhat behind, together comprising a further 40%.
Among the main exporting countries, Belgium saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Paint and Varnish - Market Forecast
Driven by increasing demand for paint and varnish worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Paint and Varnish - Product Coverage
- HS 320910 - Paints and varnishes; based on acrylic or vinyl polymers, dispersed or dissolved in an aqueous medium
- HS 320990 - Paints and varnishes; (based on polymers other than acrylic or vinyl), dispersed or dissolved in an aqueous medium
- HS 320810 - Paints and varnishes; based on polyesters, dispersed or dissolved in a non-aqueous medium
- HS 320820 - Paints and varnishes; based on acrylic or vinyl polymers, dispersed or dissolved in a non-aqueous medium
- HS 320890 - Paints and varnishes; based on polymers n.e.s. in heading no. 3208, dispersed or dissolved in a non-aqueous medium
- HS 3210 - Paints and varnishes (including enamels, lacquers and distempers), excluding those of heading no. 3209, prepared water pigments of a kind used for finishing leather
This report provides an in-depth analysis of the global paint and varnish market. 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 2030.
Product coverage:
- Prodcom 20301150 - Paints and varnishes, based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium (including enamels and lacquers)
- Prodcom 20301170 - Other paints, varnishes dispersed or dissolved in an aqueous medium
- Prodcom 20301225 - Paints and varnishes, based on polyesters dispersed/dissolved in a non-aqueous medium, weight of the solvent > .50 % of the weight of the solution including enamels and lacquers
- Prodcom 20301229 - Paints and varnishes, based on polyesters dispersed/dissolved in a non-aqueous medium including enamels and lacquers excluding weight of the solvent > .50 % of the weight of the solution
- Prodcom 20301230 - Paints and varnishes, based on acrylic or vinyl polymers dispersed/dissolved in non-aqueous medium, weight of the solvent > .50 % of the solution weight including enamels and lacquers
- Prodcom 20301250 - Other paints and varnishes based on acrylic or vinyl polymers
- Prodcom 20301270 - Paints and varnishes: solutions n.e.c.
- Prodcom 20301290 - Other paints and varnishes based on synthetic polymers n.e.c.
- Prodcom 20302213 - Oil paints and varnishes (including enamels and lacquers)
- Prodcom 20302215 - Prepared water pigments for finishing leather, paints and varnishes (including enamels, lacquers and distempers) (excluding of oil)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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This report provides an in-depth analysis of the global paint and varnish market.
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This report provides an in-depth analysis of the global market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium.
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This report provides an in-depth analysis of the global market for aqueous paint and varnish.
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This report provides an in-depth analysis of the global market for metal spiral or discs spring.
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Explore the top import markets for paint and varnish worldwide, including China, Canada, Germany, and more. Discover key statistics, import values, and growth potential. Leverage the IndexBox market intelligence platform for in-depth analysis and insights.
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Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
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Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
