Paints & Coatings in Europe
Summary
Paints & Coatings in Europe industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The paints & coatings market includes liquid and powder-based paints, varnishes, and related products used for protective, decorative, industrial, and specialty purposes. The market scope excludes inks, thinners, and raw materials, such as pigments and solvents.
- The European paints & coatings market had total revenues of $44,587 million in 2023, representing a compound annual growth rate (CAGR) of 5.6% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 5.2% between 2018 and 2023, to reach a total of 9,741.7 million Liters in 2023.
- The growth in the European paints & coatings market is influenced by several macroeconomic factors, such as rising GDP and growing business confidence. For instance, according to the Organisation for Economic Co-operation and Development (OECD), the business confidence index in the UK reached 103.14 in June 2022, up from 99.56 in February 2021.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the paints & coatings market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the paints & coatings market in Europe
- Leading company profiles reveal details of key paints & coatings market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Europe paints & coatings market with five year forecasts by both value and volume
- What was the size of the Europe paints & coatings market by value in 2023?
- What will be the size of the Europe paints & coatings market in 2028?
- What factors are affecting the strength of competition in the Europe paints & coatings market?
- How has the market performed over the last five years?
- Who are the top competitors in Europe's paints & coatings market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading playes?
- 7.4. What has been the recent M&A activity?
- 8 Company Profiles
- 8.1. Akzo Nobel N.V.
- 8.2. PPG Industries, Inc.
- 8.3. RPM International Inc
- 8.4. BASF SE
- 8.5. The Sherwin-Williams Company
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Europe paints & coatings market value: $ million, 2018-23
- Table 2: Europe paints & coatings market volume: million Liters, 2018-23
- Table 3: Europe paints & coatings market category segmentation: % share, by value, 2018-2023
- Table 4: Europe paints & coatings market category segmentation: $ million, 2018-2023
- Table 5: Europe paints & coatings market geography segmentation: $ million, 2023
- Table 6: Europe paints & coatings market value forecast: $ million, 2023-28
- Table 7: Europe paints & coatings market volume forecast: million Liters, 2023-28
- Table 8: Akzo Nobel N.V.: key facts
- Table 9: Akzo Nobel N.V.: Annual Financial Ratios
- Table 10: Akzo Nobel N.V.: Key Employees
- Table 11: PPG Industries, Inc.: key facts
- Table 12: PPG Industries, Inc.: Annual Financial Ratios
- Table 13: PPG Industries, Inc.: Key Employees
- Table 14: PPG Industries, Inc.: Key Employees Continued
- Table 15: PPG Industries, Inc.: Key Employees Continued
- Table 16: RPM International Inc: key facts
- Table 17: RPM International Inc: Annual Financial Ratios
- Table 18: RPM International Inc: Key Employees
- Table 19: RPM International Inc: Key Employees Continued
- Table 20: BASF SE: key facts
- Table 21: BASF SE: Annual Financial Ratios
- Table 22: BASF SE: Key Employees
- Table 23: The Sherwin-Williams Company: key facts
- Table 24: The Sherwin-Williams Company: Annual Financial Ratios
- Table 25: The Sherwin-Williams Company: Key Employees
- Table 26: The Sherwin-Williams Company: Key Employees Continued
- Table 27: Europe size of population (million), 2019-23
- Table 28: Europe gdp (constant 2005 prices, $ billion), 2019-23
- Table 29: Europe gdp (current prices, $ billion), 2019-23
- Table 30: Europe inflation, 2019-23
- Table 31: Europe consumer price index (absolute), 2019-23
- Table 32: Europe exchange rate, 2019-23
- List of Figures
- Figure 1: Europe paints & coatings market value: $ million, 2018-23
- Figure 2: Europe paints & coatings market volume: million Liters, 2018-23
- Figure 3: Europe paints & coatings market category segmentation: $ million, 2018-2023
- Figure 4: Europe paints & coatings market geography segmentation: % share, by value, 2023
- Figure 5: Europe paints & coatings market value forecast: $ million, 2023-28
- Figure 6: Europe paints & coatings market volume forecast: million Liters, 2023-28
- Figure 7: Forces driving competition in the paints & coatings market in Europe, 2023
- Figure 8: Drivers of buyer power in the paints & coatings market in Europe, 2023
- Figure 9: Drivers of supplier power in the paints & coatings market in Europe, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the paints & coatings market in Europe, 2023
- Figure 11: Factors influencing the threat of substitutes in the paints & coatings market in Europe, 2023
- Figure 12: Drivers of degree of rivalry in the paints & coatings market in Europe, 2023
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