European Coatings Journal - 15.10.2024 | Douglas Bohn | ARCHI TEC TURAL COAT INGS MARKET REPORT

SLOWLY REBOUNDING

We estimate the European paint market to be 4.5 billion litres and EUR 21.1 billion in 2023. Germany, France, Italy, UK, and Spain are the major countries. The downturn in the European decorative markets since early 2022 have resulted in shifts in the country positions. Germany is still the largest decorative market in Europe, but it is not as strong as previously since the construction market in Germany has declined faster than in other countries. Italy and Spain have had stronger construction markets and thus are grown as percentage of the total European market. Nonetheless, the top five countries of ...
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