Saudi Arabia Architectural Paints Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Saudi Arabia, Architectural Paints market is expected to reach over USD 830 million by the end of this year and is projected to register a CAGR of over 3.5% during the forecast period.
The COVID-19 pandemic negatively impacted the market in 2021. The pandemic halted all manufacturing and construction activities, thus negatively impacting the demand in the architectural paints market. However, the condition recovered in 2022, restoring the market's growth trajectory.
Key HighlightsSaudi Arabia's architectural paints market is partially consolidated in nature. Some of the market's major players (not in any particular order) include Jotun, Jazeera Paints, Hempel A/S, Sigma Paints (PPG Industries Inc.), and SIPCO (Kansai Paint).
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