Study #: 4109 | Published: 05/2021 | Pages: 160 | Individual User License: US$ 3,900

Global demand for architectural paint is forecast to advance 2.5% per year through 2024 to 33.8 million metric tons valued at $92.0 billion. Growth will be supported by:

  • improving housing conditions in the Asia/Pacific and Africa/Mideast regions
  • healthy expansion of repaint and remodel opportunities in the massive Chinese and Indian markets
  • rapid expansion of nonresidential building construction in the Asia/Pacific region, bolstering demand for architectural paint in these countries
  • increasing do-it-yourself (DIY) activity in developed countries, particularly the US, and global advances in remodel and repaint activity
  • the ongoing switch to more environmentally friendly products for existing applications, supporting demand for water-based formulations
  • global increases in single-family homeownership

However, stronger gains will be restricted by weaker growth in large, developed countries. Construction of new housing and nonresidential buildings is expected to advance only sluggishly – when it grows at all – throughout most of Europe and North America, particularly in the US where nonresidential construction activity is expected to decline. Additionally, a decrease in single-family housing construction in China will limit gains through 2024.

Global Architectural Paint Market Rebounds Strongly From 2020 Declines

In 2020, the pandemic resulted in the contraction of new housing and nonresidential construction throughout most of the world, which caused the market for paint to dip in that year. However, paint and coatings are often necessary for housing and nonresidential building construction, which continued in a number of areas around the world despite slowdowns and pauses. In particular, the residential market was buoyed by a significant number of homeowners choosing to repaint their homes during the pandemic.

As these markets rebound in 2021, they will boost demand for paint, which is expected to remain relatively strong over the long term due to ongoing healthy expansion in both residential and nonresidential markets, particularly in developing regions.

Residential Market Continues to Drive the Global Architectural Paint Market

Residential structures account for the vast majority of demand for architectural coatings, amounting to 73% of the market in 2019. However, residential building construction represented just over half of overall global building construction activity. The residential market’s size is attributable to the fact that the aftermarket for architectural paint in residential buildings is much more important than that for nonresidential buildings.

Going forward, the residential market will maintain its dominant position in the global architectural paint market, supported by advances in new housing construction and remodeling activity worldwide.


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Table of Contents

1. Executive Summary

2. About This Report

Report Details

Study Scope & Product Description

3. Impact of COVID-19 Pandemic

Overview

Impact on the Economy

Impact on the Construction Industry

Impact on Architectural Paint Industry

4. Overview

Historical Market Trends

Demand by Region

Leading Country Markets

Demand by Formulation

Water- vs. Solvent-Based Formulations

Water-Based Formulations

Solvent-Based Formulations

Sustainability Trends

Volatile Organic Compounds

Recycling & Recycled Content

Biobased Materials & Renewable Resources

Market Share & Leading Producers

5. Markets & End Users

Demand by Market

Residential Buildings Overview

New Residential Buildings

Residential Remodel & Repaint

Nonresidential Buildings

Demand by End User

Professional

DIY/Consumer

6. North America

North America: Architectural Paint Market Size

North America: Demand by Country

United States

United States: Architectural Paint Market Size

United States: Demand by Formulation, Market, & End User

Mexico

Mexico: Architectural Paint Market Size

Mexico: Demand by Formulation, Market, & End User

Canada

Canada: Architectural Paint Market Size

Canada: Demand by Formulation, Market, & End User

7. Central & South America

Central & South America: Architectural Paint Market Size

Central & South America: Demand by Country

Brazil

Brazil: Architectural Paint Market Size

Brazil: Demand by Formulation, Market, & End User

Other Central & South America

Other Central & South America: Architectural Paint Market Size

Other Central & South America: Demand by Formulation, Market, & End User

8. Western Europe

Western Europe: Architectural Paint Market Size

Western Europe: Demand by Country

Germany

Germany: Architectural Paint Market Size

Germany: Demand by Formulation, Market, & End User

United Kingdom

United Kingdom: Architectural Paint Market Size

United Kingdom: Demand by Formulation, Market, & End User

France

France: Architectural Paint Market Size

France: Demand by Formulation, Market, & End User

Italy

Italy: Architectural Paint Market Size

Italy: Demand by Formulation, Market, & End User

Spain

Spain: Architectural Paint Market Size

Spain: Demand by Formulation, Market, & End User

Other Western Europe

Other Western Europe: Architectural Paint Market Size

Other Western Europe: Demand by Formulation, Market, & End User

9. Eastern Europe

Eastern Europe: Architectural Paint Market Size

Eastern Europe: Demand by Country

Russia

Russia: Architectural Paint Market Size

Russia: Demand by Formulation, Market, & End User

Poland

Poland: Architectural Paint Market Size

Poland: Demand by Formulation, Market, & End User

Other Eastern Europe

Other Eastern Europe: Architectural Paint Market Size

Other Eastern Europe: Demand by Formulation, Market, & End User

10. Asia/Pacific

Asia/Pacific: Architectural Paint Market Size

Asia/Pacific: Demand by Country

China

China: Architectural Paint Market Size

China: Demand by Formulation, Market, & End User

India

India: Architectural Paint Market Size

India: Demand by Formulation, Market, & End User

Indonesia

Indonesia: Architectural Paint Market Size

Indonesia: Demand by Formulation, Market, & End User

Japan

Japan: Architectural Paint Market Size

Japan: Demand by Formulation, Market, & End User

South Korea

South Korea: Architectural Paint Market Size

South Korea: Demand by Formulation, Market, & End User

Thailand

Thailand: Architectural Paint Market Size

Thailand: Demand by Formulation, Market, & End User

Other Asia/Pacific

Other Asia/Pacific: Architectural Paint Market Size

Other Asia/Pacific: Demand by Formulation, Market, & End User

11. Africa/Mideast

Africa/Mideast: Architectural Paint Market Size

Africa/Mideast: Demand by Country

Turkey

Turkey: Architectural Paint Market Size

Turkey: Demand by Formulation, Market, & End User

Other Africa/Mideast

Other Africa/Mideast: Architectural Paint Market Size

Other Africa/Mideast: Demand by Formulation, Market, & End User

12. Appendix

Scope

Definitions

Freedonia Methodology

Study-Specific Methodology

Sources

Associations & Agencies

Related Studies & Reports

Country Lists by Region

Macroeconomic Assumptions

Global Economic Outlook

Global Population

Global Construction Outlook

Global Manufacturing Outlook


List of Tables

3. Impact of COVID-19 Pandemic

Table 3-1 | Global Gross Domestic Product, 2019 - 2022 (billion 2019 dollars)

Table 3-2 | Global Construction Expenditures, 2019 - 2022 (billion 2019 dollars)

Table 3-3 | Annual Global Architectural Paint Demand by Market, 2019 - 2021 (thousand metric tons)

Table 3-4 | Annual Global Architectural Paint Demand by Region, 2019 - 2021 (thousand metric tons)

4. Overview

Table 4-1 | Global Architectural Paint Demand, 2009 - 2019 (million dollars & thousand metric tons)

Table 4-2 | Global Architectural Paint Demand by Region, 2009 - 2029 (thousand metric tons)

Table 4-3 | Global Architectural Paint Demand by Formulation, 2009 - 2029 (thousand metric tons)

Table 4-4 | Global Water-Based Architectural Paint Demand by Region, 2009 - 2029 (thousand metric tons)

Table 4-5 | Global Solvent-Based Architectural Paint Demand by Region, 2009 - 2029 (thousand metric tons)

5. Markets & End Users

Table 5-1 | Global Architectural Paint Demand by Market, 2009 - 2029 (thousand metric tons)

Table 5-2 | Global Residential Buildings Architectural Paint Demand by Application, 2009 - 2029 (thousand metric tons)

Table 5-3 | Global New Residential Buildings Architectural Paint Demand by Region, 2009 - 2029 (thousand metric tons)

Table 5-4 | Global Residential Buildings Remodel & Repaint Architectural Paint Demand by Region, 2009 - 2029 (thousand metric tons)

Table 5-5 | Global Nonresidential Buildings Architectural Paint Demand by Region, 2009 - 2029 (thousand metric tons)

Table 5-6 | Global Architectural Paint Demand by End User, 2009 - 2029 (thousand metric tons)

Table 5-7 | Global Professional Architectural Paint Demand by Region, 2009 - 2029 (thousand metric tons)

Table 5-8 | Global DIY/Consumer Architectural Paint Demand by Region, 2009 - 2029 (thousand metric tons)

6. North America

Table 6-1 | North America: Architectural Paint Demand by Country, 2009 - 2029 (thousand metric tons)

Table 6-2 | United States: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 6-3 | Mexico: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 6-4 | Canada: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

7. Central & South America

Table 7-1 | Central & South America: Architectural Paint Demand by Country, 2009 - 2029 (thousand metric tons)

Table 7-2 | Brazil: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 7-3 | Other Central & South America: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

8. Western Europe

Table 8-1 | Western Europe: Architectural Paint Demand by Country, 2009 - 2029 (thousand metric tons)

Table 8-2 | Germany: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 8-3 | United Kingdom: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 8-4 | France: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 8-5 | Italy: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 8-6 | Spain: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 8-7 | Other Western Europe: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

9. Eastern Europe

Table 9-1 | Eastern Europe: Architectural Paint Demand by Country, 2009 - 2029 (thousand metric tons)

Table 9-2 | Russia: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 9-3 | Poland: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 9-4 | Other Eastern Europe: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

10. Asia/Pacific

Table 10-1 | Asia/Pacific: Architectural Paint Demand by Country, 2009 - 2029 (thousand metric tons)

Table 10-2 | China: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 10-3 | India: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 10-4 | Indonesia: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 10-5 | Japan: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 10-6 | South Korea: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 10-7 | Thailand: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 10-8 | Other Asia/Pacific: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

11. Africa/Mideast

Table 11-1 | Africa/Mideast: Architectural Paint Demand by Country, 2009 - 2029 (thousand metric tons)

Table 11-2 | Turkey: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

Table 11-3 | Other Africa/Mideast: Architectural Paint Demand by Formulation, Market, & End User, 2009 - 2029 (thousand metric tons)

12. Appendix

Table 12-1 | Relevant Industry Codes

Table 12-2 | Relevant HS Codes

Table 12-3 | Relevant NACE Codes

Table 12-4 | Countries in North America

Table 12-5 | Countries in Central & South America

Table 12-6 | Countries in Western Europe

Table 12-7 | Countries in Eastern Europe

Table 12-8 | Countries in the Asia/Pacific Region

Table 12-9 | Countries in the Africa/Mideast Region

Table 12-10 | Global Gross Domestic Product by Region & Country, 2009 - 2029 (billion 2018 dollars)

Table 12-11 | Global Population by Region & Country, 2009 - 2029 (million persons)

Table 12-12 | Global Construction Expenditures by Region & Country, 2009 - 2029 (billion 2018 dollars)

Table 12-13 | Global Manufacturing Value Added by Region & Country, 2009 - 2029 (billion 2018 dollars)


List of Figures

1. Executive Summary

Figure 1-1 | Architectural Paint Global Market

3. Impact of COVID-19 Pandemic

Figure 3-1 | Real GPD by Region, 2019 - 2022 (% annual change)

Figure 3-2 | Annual Global Architectural Paint Demand Growth by Market, 2018 - 2023 (% annual change)

4. Overview

Figure 4-1 | Global Architectural Paint Demand, 2000 - 2019 (million metric tons)

Figure 4-2 | Global Architectural Paint Demand by Region, 2009 - 2029 (million metric tons)

Figure 4-3 | Global Architectural Paint Demand: Leading Country Markets, 2019 (thousand metric tons)

Figure 4-4 | Global Architectural Paint Demand by Formulation, 2009 - 2029 (million metric tons)

Figure 4-5 | Global Architectural Paint Market Share by Company, 2019 (billion dollars)

5. Markets & End Users

Figure 5-1 | Global Architectural Paint Demand by Market, 2009 - 2029 (million metric tons)

6. North America

Figure 6-1 | North America: Architectural Paint Market, 2019

Figure 6-2 | North America: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 6-3 | North America: Architectural Paint Demand by Country, 2009 - 2029 (thousand metric tons)

Figure 6-4 | United States: Architectural Paint Market, 2019

Figure 6-5 | United States: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 6-6 | Mexico: Architectural Paint Market, 2019

Figure 6-7 | Mexico: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 6-8 | Canada: Architectural Paint Market, 2019

Figure 6-9 | Canada: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

7. Central & South America

Figure 7-1 | Central & South America: Architectural Paint Market, 2019

Figure 7-2 | Central & South America: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 7-3 | Central & South America: Architectural Paint Demand by Country, 2009 - 2029 (thousand metric tons)

Figure 7-4 | Brazil: Architectural Paint Market, 2019

Figure 7-5 | Brazil: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 7-6 | Other Central & South America: Architectural Paint Market, 2019

Figure 7-7 | Other Central & South America: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

8. Western Europe

Figure 8-1 | Western Europe: Architectural Paint Market, 2019

Figure 8-2 | Western Europe: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 8-3 | Western Europe: Architectural Paint Demand by Country, 2009 - 2029 (thousand metric tons)

Figure 8-4 | Germany: Architectural Paint Market, 2019

Figure 8-5 | Germany: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 8-6 | United Kingdom: Architectural Paint Market, 2019

Figure 8-7 | United Kingdom: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 8-8 | France: Architectural Paint Market, 2019

Figure 8-9 | France: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 8-10 | Italy: Architectural Paint Market, 2019

Figure 8-11 | Italy: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 8-12 | Spain: Architectural Paint Market, 2019

Figure 8-13 | Spain: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 8-14 | Other Western Europe: Architectural Paint Market, 2019

Figure 8-15 | Other Western Europe: Architectural Paint Demand, 2009 - 2019 (thousand metric tons)

9. Eastern Europe

Figure 9-1 | Eastern Europe: Architectural Paint Market, 2019

Figure 9-2 | Eastern Europe: Architectural Paint Demand, 2009 - 2019 (thousand metric tons)

Figure 9-3 | Eastern Europe: Architectural Paint Demand by Country, 2009 - 2029 (thousand metric tons)

Figure 9-4 | Russia: Architectural Paint Market, 2019

Figure 9-5 | Russia: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 9-6 | Poland: Architectural Paint Market, 2019

Figure 9-7 | Poland: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 9-8 | Other Eastern Europe: Architectural Paint Market, 2019

Figure 9-9 | Other Eastern Europe: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

10. Asia/Pacific

Figure 10-1 | Asia/Pacific: Architectural Paint Market, 2019

Figure 10-2 | Asia/Pacific: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 10-3 | Asia/Pacific: Architectural Paint Demand by Country, 2009 - 2029 (thousand metric tons)

Figure 10-4 | China: Architectural Paint Market, 2019

Figure 10-5 | China: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 10-6 | India: Architectural Paint Market, 2019

Figure 10-7 | India: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 10-8 | Indonesia: Architectural Paint Market, 2019

Figure 10-9 | Indonesia: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 10-10 | Japan: Architectural Paint Market, 2019

Figure 10-11 | Japan: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 10-12 | South Korea: Architectural Paint Market, 2019

Figure 10-13 | South Korea: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 10-14 | Thailand: Architectural Paint Market, 2019

Figure 10-15 | Thailand: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 10-16 | Other Asia/Pacific: Architectural Paint Market, 2019

Figure 10-17 | Other Asia/Pacific: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

11. Africa/Mideast

Figure 11-1 | Africa/Mideast: Architectural Paint Market, 2019

Figure 11-2 | Africa/Mideast: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 11-3 | Africa/Mideast: Architectural Paint Demand by Country, 2009 - 2029 (thousand metric tons)

Figure 11-4 | Turkey: Architectural Paint Market, 2019

Figure 11-5 | Turkey: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)

Figure 11-6 | Other Africa/Mideast: Architectural Paint Market, 2019

Figure 11-7 | Other Africa/Mideast: Architectural Paint Demand, 2000 - 2019 (thousand metric tons)


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