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Global Paint Market

Global Market Data

Population: United Nations, Department of Economic and Social Affairs, Population Division (2019). World Population Prospects 2019, Online Edition. Rev. 1.
GDP: The World Bank
Paint Demand: ACA-published Global Market Analysis for the Paint & Coatings Industry(2019 -2024); https://paint.org/market

Population / GDP / Paint Demand

Population (100 million people) / World GDP (US $ trillion) Paint demand (US $ billion)
Global market data
Year
(2004-2024)
'04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18 '19 '20 '24
World population
(100 million people)
65 65 66 67 68 69 70 70 71 72 73 74 75 75 76 77 78 -
World GDP
(US $ trillion)
44 48 52 58 64 60 66 73 75 77 79 75 76 81 86 88 85 -
Global paint demand
(US $ billion)
74 - 89 - 100 87 109 116 - 130 - 141 - - - 165 - 202

Market by Region

2013 / 2019 / 2024
Market by region
Market by Region
(US $ Million)
2013 2019 2024 2019-2024
Compound Annual Growth Rate (CAGR)
Japan
6,830 5,849 5,905 0.2%
China
31,331 46,694 60,514 5.3%
Southeast Asia
5,423 7,239 9,550 5.7%
Oceania
1,078 1,159 1,320 2.6%
Africa
7,794 9,875 12,071 4.1%
Europe
32,745 35,909 39,516 1.9%
North America
23,015 28,420 34,158 3.7%
South America
10,728 12,507 14,856 3.5%

Market by Business

2013 / 2019 / 2024
Market by Business
Market by Business
(US $ Million)
2013 2019 2024 2019-2024
Compound Annual Growth Rate (CAGR)
Architectural Coatings
55,283 67,550 83,057 4.2%
Automotive OEM Coatings
10,568 11,279 13,158 3.1%
Other Transportation Coatings
4,746 6,406 7,942 4.4%
Wood Finishes
8,333 12,223 15,601 5.0%
Powder Coatings
7,665 10,598 13,349 4.7%
Coil Coatings
3,929 5,042 5,953 3.4%
Packaging Finishes
3,343 4,090 4,733 3.0%
General Industrial Finishes
12,585 17,700 22,200 4.6%
Automotive Refinish Paint
7,893 9,242 10,733 3.0%
Protective Coatings
12,433 16,042 19,929 4.4%
Marine Coatings
3,745 4,323 4,971 2.8%

Paint Manufacturer Sales Ranking

Competitors / Nippon Paint Group
Paint Manufacturer Sales Ranking

Source: ACA-published Global Market Analysis for the Paint & Coatings Industry(2019 -2024); https://paint.org/market



Global Paint Market (by Region)



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