Decorative Paints Market
Market Insights on Decorative Paints covering sales outlook, demand forecast & up-to-date key trends
Decorative Paints Market By Product Type (Water based paints, Solvent based paints), Formulation (Emulsion based paints, Distemper), Application (Interior Paints, Exterior Paints), Sales Channel (Online, Offline), Price (Premium, Medium, Economical) & Region - Forecast 2021 - 2031
Decorative Paints Market Snapshot
[292 Pages Report] Future Market Insights (FMI) has forecast the decorative paints market value to surpass US$ 57.8 Bn in 2021. Decorative paints industry is expected to be driven by growing construction of residential, commercial and institutional buildings across the world. The market is likely to witness a growth of 4.3% CAGR during the coming assessment period of 2021 and 2031.
FMI also forecasts the global decorative paints market to register year-on-year growth of 4.0% in 2021. Surging demand for interior decorations, renovating residential houses, coupled with urbanization, industrial growth, and expansion of infrastructure are some of the factors driving the decorative paints industry.
Considering this, FMI has projected the market valuation to reach US$ 87.8 Bn by 2031 end. The decorative paints market represented nearly 40% of sales in the paints and coatings industry in 2020.
|
Base Year Value (2020A) |
US$ 55.6 Bn |
|
Estimated Year Value (2021E) |
US$ 57.8 Bn |
|
Projected Year Value (2031F) |
US$ 87.8 Bn |
|
Value CAGR (2021-2031) |
4.3% |
|
Collective Value Share: Top 3 Countries (2020A) |
41.8% |
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2016-2020 Decorative Paints Market Outlook Compared to 2021-2031 Forecast
Demand for decorative paints grew at 1.8% CAGR between 2016 and 2020. Outbreak of Covid-19 pandemic has impacted the global market of decorative paints to a considerable extent.
This is due to restrictions in the movement and nationwide lockdowns across several regions, which suspended work across residential & commercial construction sector. This has in turn negatively impacted sales of exterior paints, subsequently giving headwinds to the paint demand in the year 2020.
In the current scenario, the overall domestic consumer space is witnessing a significant rise due to urbanization. Backed by this, the market has been projected to register sales growth at 4.3% CAGR over the forecast period, from 2021 to 2031. Expansion of construction sector will continue boosting decorative paints sales in India, China and GCC countries
Introduction of low VOC paints has been among the primary product innovations in the paints industry. Higher focus on sustainability will fuel demand for VOC paints in the decorative paints market.
How is Urbanization Impacting Decorative Paints Sales?
Rapid urbanization, improving standard of living, and growing interest of customers towards improving the aesthetic appeal of their homes and residential buildings have led to increasing demand of decorative paints.
Powered with high disposable income, consumers’ demand preference has shifted to paints with highly resilient characteristics along with a modern taste of estheticism. This change in demand pattern is expected to work as a catalyst to the global decorative paints market growth.
Owners of commercial buildings such as office buildings, hotels, malls, and others spend a willingly on renovation of their building every three to five years. This also includes expenditure on exterior paints and wall paints in order to maintain visual aesthetics of their facilities.
Growth in the number of commercial buildings and skyrocketing construction of affordable housing projects are further anticipated to boost the demand for wall paints and exterior paints in the coming years.
As per FMI, the demand for decorative paints will be especially high in the Middle East and Africa, Eastern Europe, and Asia Pacific.
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Why is Demand for Decorative Paints Rising in the U.S.?
In 2021, the U.S. decorative paints market is expected to grow by 4.1% year-on-year. Revenue generated in the market will be pushed by a high rebound in construction projects. Moreover, growth in the construction of residential and commercial buildings will continue pushing demand for decorative paints.
Environmental friendly and low VOC paint products will dominate the market. Driven by implementation of stringent regulations and changing consumer preference, sales of low VOC paints are expected to pick up in the U.S.
What will be the Demand Outlook of Decorative Paints in India?
In India, the growth potential is enormous looking at the need for housing and the increasing number of people investing in housing units. The decorative paints industry in India is expected to register a CAGR of 5.2% during the forecast period.
A considerable rise in the construction of high rise buildings in metropolitan cities coupled with urbanization is boosting the decorative paints sales in India. Increase in disposable income also is driving the growth of the market.
How is Construction Sector Contributing towards the Sales of Decorative Paints in China?
China is estimated to remain a key manufacturer and consumer of decorative paints, accounting for about 70% of the overall decorative paints consumption in East Asia in 2021.
Rapid development in the building and construction and infrastructure sectors is boosting sales of decorative paints in the country. As per the report, the residential construction segment is expected to register high demand for decorative paints in China.
Category-wise Insights
Why is Demand for Water Based Paints Increasing?
In terms of product type, water based paints are expected to dominate the market for decorative paints. As per FMI, the water based paints segment is projected to register year-on-year growth of 4.0% in 2021.
Increasing construction of residential and commercial buildings across the globe is expected to boost the demand for water based paints in the coming years. Implementation of regulations to curb VOC emissions from paints will drive sales of water based paints.
Which Formulation of Decorative paints is Most Preferred?
Consumption of emulsion based decorative paints is expected to account for more than 80% of the total decorative paints market share in U.S. in 2021.
Emulsion paints are a stable suspension of oil phase in a liquid phase and are used to give a range of finishes, such as, the gloss sheen, statin, silk, and flat matt on substrates. As these are generally water based paints, share of the segment is also estimated to remain high during the coming forecast period. Among distempers, acrylic paints are expected to remain highly sought-after in the market.
What is the Key Application of Decorative Paints?
Revenue generated in the interior segment are estimated to grow by 4.1% year over year rate in 2021. Meanwhile, the demand for exterior segment is expected to increase at 3.8% CAGR between 2020 and 2021. The interior paints segment will continue accounting for more than 75% of the share among the listed applications through the forecast period in Europe.
Increase in the construction of residential buildings, commercial shops, shopping malls, offices, hotels and restaurants are boosting the demand for interior decorative paints. Furthermore, growing trend for interior decoration and renovation of interior parts all over the globe is bolstering the consumption rate of decorative paints in the interior segment.
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Competitive Landscape
Key market participants are focusing on mergers and acquisitions strategies, coupled with product development by investing in research and development to boost their market presence. Some of them are emphasizin on increasing the production capacity to enhance their annual turnover. For instance:
- Eastman Chemical plans to invest for a significantly increase in its capacity to produce tertiary Decorative Paints (DIMLA) at its facility in Ghent, Belgium, by the end of 2021.
- Belle Chemical, an affiliate of Cornerstone Chemical acquires methyl decorative paints business from The Chemours Company in January 2020.
Scope of Report
|
Attribute |
Details |
|
Forecast Period |
2021-2031 |
|
Historical Data Available for |
2016-2020 |
|
Market Analysis |
USD Million for Value and Kilo Tons for Volume |
|
Key Regions Covered |
North America, Latin America, Europe, East Asia, South Asia & Pacific and Middle East & Africa |
|
Key Countries Covered |
US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, ASEAN, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa. |
|
Key Segments Covered |
Product Type, Formulations, Application, Sales Channel, Price and Region |
|
Key Companies Profiled |
|
|
Report Coverage |
Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
|
Customization & Pricing |
Available upon Request |
Decorative paints Market by Category
By Product Type:
- Water based paints
- Solvent based paints
By Formulation:
- Emulsion based paints
- Distemper
By Application:
- Interior Paints
- Exterior Paints
By Sales Channel:
- Online
- Offline
By Price
- Premium
- Medium
- Economical
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
Frequently Asked Questions
The decorative paints market is anticipated to reach a valuation of US$ 57.8 Bn in 2021.
The global decorative paints market is anticipated to witness a growth at 4.3% over the forecast period of 2021 and 2031 in terms of value.
The decorative paints market witnessed a growth at 1.8% CAGR between 2016 and 2020.
Growing urbanization coupled with increasing construction of commercial buildings, improving standard of living, and increasing demand for interior decoration and renovating of residential houses are driving sales.
The Sherwin-Williams Company, PPG Industries, Akzo Nobel N.V., RPM International, and Nippon Paints and Asian Paints among others are the key participants in the decorative paints market.
Key market participants in the global decorative paints market are expected to account for around 41% of global market share.
Demand for decorative paints in North America is expected to grow at a 4.2% CAGR through 2031.
Europe decorative paints market is estimated to expand at 3.8% CAGR during the forecast period.
Key exporters in the decorative paints market are China, U.S., Japan, Germany and others.
Top countries driving the decorative paints demand are China, the U.S., India, Japan, and Germany.
South Korea and Japan are expected to collectively account for over 8.8% of the total in 2021.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Strategic Promotional Strategies
5. Global Decorative Paints Market Demand Analysis 2016-2020 and Forecast, 2021-2031
5.1. Historical Market Volume (Kilo Tons) Analysis, 2016-2020
5.2. Current and Future Market Volume (Kilo Tons) Projections, 2021-2031
5.3. Y-o-Y Growth Trend Analysis
6. Global Decorative Paints Market - Pricing Analysis
6.1. Regional Pricing Analysis By Product Type
6.2. Pricing Break-up
6.3. Global Average Pricing Analysis Benchmark
7. Global Decorative Paints Market Demand (in Value or Size in US$ Mn) Analysis 2016-2020 and Forecast, 2021-2031
7.1. Historical Market Value (US$ Mn) Analysis, 2016-2020
7.2. Current and Future Market Value (US$ Mn) Projections, 2021-2031
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Macro-Economic Factors
8.2. Forecast Factors - Relevance & Impact
8.3. Value Chain
8.3.1. List of Raw Material Manufacturers
8.3.2. List of Decorative Paints Manufacturers
8.3.3. List of Distributors/ Suppliers
8.3.4. Profitability Margin
8.4. Market Dynamics
8.4.1. Drivers
8.4.2. Restraints
8.4.3. Opportunity Analysis
8.5. Cost Structure Analysis
8.6. Covid-19 Impact Assessment
9. Global Decorative Paints Market Analysis 2016-2020 and Forecast 2021-2031, by Product Type
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2016 - 2020
9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2021 - 2031
9.3.1. Water Based Paints
9.3.2. Solvent Based Paints
9.4. Market Attractiveness Analysis By Product Type
10. Global Decorative Paints Market Analysis 2016-2020 and Forecast 2021-2031, by Formulation
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume Analysis By Formulation, 2016 - 2020
10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Formulation, 2021 - 2031
10.3.1. Emulsion
10.3.2. Dispenser
10.3.2.1. Acrylic
10.3.2.2. Synthetic
10.3.2.3. Dry
10.4. Market Attractiveness Analysis By Formulation
11. Global Decorative Paints Market Analysis 2016-2020 and Forecast 2021-2031, by Applications
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn) and Volume Analysis By Applications, 2016 - 2020
11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Applications, 2021 - 2031
11.3.1. Interior
11.3.2. Exterior
11.4. Market Attractiveness Analysis By Applications
12. Global Decorative Paints Market Analysis 2016-2020 and Forecast 2021-2031, by Sales Channel
12.1. Introduction / Key Findings
12.2. Historical Market Size (US$ Mn) and Volume Analysis By Sales Channel, 2016 - 2020
12.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Sales Channel, 2021 - 2031
12.3.1. Offline
12.3.2. Online
12.4. Market Attractiveness Analysis By Sales Channel
13. Global Decorative Paints Market Analysis 2016-2020 and Forecast 2021-2031, by Price
13.1. Introduction / Key Findings
13.2. Historical Market Size (US$ Mn) and Volume Analysis By Price, 2016 - 2020
13.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Price, 2021 - 2031
13.3.1. Premium
13.3.2. Medium
13.3.3. Economical
13.4. Market Attractiveness Analysis By Price
14. Global Decorative Paints Market Analysis 2016-2020 and Forecast 2021-2031, by Region
14.1. Introduction
14.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2016 - 2020
14.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2021 - 2031
14.3.1. North America
14.3.2. Latin America
14.3.3. Europe
14.3.4. East Asia
14.3.5. South Asia Pacific
14.3.6. Middle East and Africa (MEA)
14.4. Market Attractiveness Analysis By Region
15. North America Decorative Paints Market Analysis 2016-2020 and Forecast 2021-2031
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020
15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
15.4.1. By Country
15.4.1.1. U.S.
15.4.1.2. Canada
15.4.2. By Product Type
15.4.3. By Formulation
15.4.4. By Applications
15.4.5. By Sales Channel
15.4.6. By Price
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Product Type
15.5.3. By Formulation
15.5.4. By Applications
15.5.5. By Sales Channel
15.5.6. By Price
15.6. Market Trends
15.7. Drivers and Restraints - Impact Analysis
16. Latin America Decorative Paints Market Analysis 2016-2020 and Forecast 2021-2031
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020
16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
16.4.1. By Country
16.4.1.1. Brazil
16.4.1.2. Mexico
16.4.1.3. Rest of Latin America
16.4.2. By Product Type
16.4.3. By Formulation
16.4.4. By Applications
16.4.5. By Sales Channel
16.4.6. By Price
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Product Type
16.5.3. By Formulation
16.5.4. By Applications
16.5.5. By Sales Channel
16.5.6. By Price
16.6. Market Trends
16.7. Drivers and Restraints - Impact Analysis
17. Europe Decorative Paints Market Analysis 2016-2020 and Forecast 2021-2031
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020
17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
17.4.1. By Country
17.4.1.1. Germany
17.4.1.2. Italy
17.4.1.3. France
17.4.1.4. U.K.
17.4.1.5. Spain
17.4.1.6. BENELUX
17.4.1.7. Russia
17.4.1.8. Rest of Europe
17.4.2. By Product Type
17.4.3. By Formulation
17.4.4. By Applications
17.4.5. By Sales Channel
17.4.6. By Price
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Product Type
17.5.3. By Formulation
17.5.4. By Applications
17.5.5. By Sales Channel
17.5.6. By Price
17.6. Market Trends
17.7. Drivers and Restraints - Impact Analysis
18. East Asia Decorative Paints Market Analysis 2016-2020 and Forecast 2021-2031
18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020
18.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
18.4.1. By Country
18.4.1.1. China
18.4.1.2. Japan
18.4.1.3. S. Korea
18.4.2. By Product Type
18.4.3. By Formulation
18.4.4. By Applications
18.4.5. By Sales Channel
18.4.6. By Price
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Product Type
18.5.3. By Formulation
18.5.4. By Applications
18.5.5. By Sales Channel
18.5.6. By Price
18.6. Market Trends
18.7. Drivers and Restraints - Impact Analysis
19. South Asia Pacific Decorative Paints Market Analysis 2016-2020 and Forecast 2021-2031
19.1. Introduction
19.2. Pricing Analysis
19.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020
19.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
19.4.1. By Country
19.4.1.1. India
19.4.1.2. ASEAN
19.4.1.3. Australia and New Zealand
19.4.1.4. Rest of South Asia & Pacific
19.4.2. By Product Type
19.4.3. By Formulation
19.4.4. By Applications
19.4.5. By Sales Channel
19.4.6. By Price
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Product Type
19.5.3. By Formulation
19.5.4. By Applications
19.5.5. By Sales Channel
19.5.6. By Price
19.6. Market Trends
19.7. Drivers and Restraints - Impact Analysis
20. Middle East and Africa Decorative Paints Market Analysis 2016-2020 and Forecast 2021-2031
20.1. Introduction
20.2. Pricing Analysis
20.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020
20.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
20.4.1. By Country
20.4.1.1. GCC Countries
20.4.1.2. Turkey
20.4.1.3. South Africa
20.4.1.4. Rest of Middle East and Africa
20.4.2. By Product Type
20.4.3. By Formulation
20.4.4. By Applications
20.4.5. By Sales Channel
20.4.6. By Price
20.5. By Price Market Attractiveness Analysis
20.5.1. By Country
20.5.2. By Product Type
20.5.3. By Formulation
20.5.4. By Applications
20.5.5. By Sales Channel
20.5.6. By Price
20.6. By Price Market Trends
20.7. Drivers and Restraints - Impact Analysis
21. Key and Emerging Countries Decorative Paints Market Analysis
21.1. Introduction
21.1.1. Market Value Proportion Analysis, By Key Countries
21.1.2. Global Vs. Country Growth Comparison
21.2. U.S. Decorative Paints Market Analysis
21.2.1. By Product Type
21.2.2. By Formulation
21.2.3. By Applications
21.2.4. By Sales Channel
21.3. Canada Decorative Paints Market Analysis
21.3.1. By Product Type
21.3.2. By Formulation
21.3.3. By Applications
21.3.4. By Sales Channel
21.4. Mexico Decorative Paints Market Analysis
21.4.1. By Product Type
21.4.2. By Formulation
21.4.3. By Applications
21.4.4. By Sales Channel
21.5. Brazil Decorative Paints Market Analysis
21.5.1. By Product Type
21.5.2. By Formulation
21.5.3. By Applications
21.5.4. By Sales Channel
21.6. Germany Decorative Paints Market Analysis
21.6.1. By Product Type
21.6.2. By Formulation
21.6.3. By Applications
21.6.4. By Sales Channel
21.7. Italy Decorative Paints Market Analysis
21.7.1. By Product Type
21.7.2. By Formulation
21.7.3. By Applications
21.7.4. By Sales Channel
21.8. France Decorative Paints Market Analysis
21.8.1. By Product Type
21.8.2. By Formulation
21.8.3. By Applications
21.8.4. By Sales Channel
21.9. U.K. Decorative Paints Market Analysis
21.9.1. By Product Type
21.9.2. By Formulation
21.9.3. By Applications
21.9.4. By Sales Channel
21.10. Spain Decorative Paints Market Analysis
21.10.1. By Product Type
21.10.2. By Formulation
21.10.3. By Applications
21.10.4. By Sales Channel
21.11. BENELUX Decorative Paints Market Analysis
21.11.1. By Product Type
21.11.2. By Formulation
21.11.3. By Applications
21.11.4. By Sales Channel
21.12. Russia Decorative Paints Market Analysis
21.12.1. By Product Type
21.12.2. By Formulation
21.12.3. By Applications
21.12.4. By Sales Channel
21.13. China Decorative Paints Market Analysis
21.13.1. By Product Type
21.13.2. By Formulation
21.13.3. By Applications
21.13.4. By Sales Channel
21.14. Japan Decorative Paints Market Analysis
21.14.1. By Product Type
21.14.2. By Formulation
21.14.3. By Applications
21.14.4. By Sales Channel
21.15. S. Korea Decorative Paints Market Analysis
21.15.1. By Product Type
21.15.2. By Formulation
21.15.3. By Applications
21.15.4. By Sales Channel
21.16. India Decorative Paints Market Analysis
21.16.1. By Product Type
21.16.2. By Formulation
21.16.3. By Applications
21.16.4. By Sales Channel
21.17. ASEAN Decorative Paints Market Analysis
21.17.1. By Product Type
21.17.2. By Formulation
21.17.3. By Applications
21.17.4. By Sales Channel
21.18. Australia and New Zealand Decorative Paints Market Analysis
21.18.1. By Product Type
21.18.2. By Formulation
21.18.3. By Applications
21.18.4. By Sales Channel
21.19. GCC Countries Decorative Paints Market Analysis
21.19.1. By Product Type
21.19.2. By Formulation
21.19.3. By Applications
21.19.4. By Sales Channel
21.20. Turkey Decorative Paints Market Analysis
21.20.1. By Product Type
21.20.2. By Formulation
21.20.3. By Applications
21.20.4. By Sales Channel
21.21. South Africa Decorative Paints Market Analysis
21.21.1. By Product Type
21.21.2. By Formulation
21.21.3. By Applications
21.21.4. By Sales Channel
22. Market Structure Analysis
22.1. Market Analysis by Tier of Companies (Decorative Paints)
22.2. Market Concentration
22.3. Market Share Analysis of Top Players
22.4. Market Presence Analysis
22.4.1. By Regional footprint of Players
22.4.2. Product foot print by Players
23. Competition Analysis
23.1. Competition Dashboard
23.2. Competition Benchmarking
23.3. Competition Deep Dive
23.3.1. Akzo Nobel N.V.
23.3.1.1. Overview
23.3.1.2. Product Portfolio
23.3.1.3. Profitability by Market Segments (Product/Channel/Region)
23.3.1.4. Sales Footprint
23.3.1.5. Strategy Overview
23.3.2. Sherwin – Williams Company
23.3.2.1. Overview
23.3.2.2. Product Portfolio
23.3.2.3. Profitability by Market Segments (Product/Channel/Region)
23.3.2.4. Sales Footprint
23.3.2.5. Strategy Overview
23.3.3. PPG Industries, Inc.
23.3.3.1. Overview
23.3.3.2. Product Portfolio
23.3.3.3. Profitability by Market Segments (Product/Channel/Region)
23.3.3.4. Sales Footprint
23.3.3.5. Strategy Overview
23.3.4. Asian Paints Limited
23.3.4.1. Overview
23.3.4.2. Product Portfolio
23.3.4.3. Profitability by Market Segments (Product/Channel/Region)
23.3.4.4. Sales Footprint
23.3.4.5. Strategy Overview
23.3.5. NIPSEA GROUP (Nippon Paint)
23.3.5.1. Overview
23.3.5.2. Product Portfolio
23.3.5.3. Profitability by Market Segments (Product/Channel/Region)
23.3.5.4. Sales Footprint
23.3.5.5. Strategy Overview
23.3.6. Valspar Corporation
23.3.6.1. Overview
23.3.6.2. Product Portfolio
23.3.6.3. Profitability by Market Segments (Product/Channel/Region)
23.3.6.4. Sales Footprint
23.3.6.5. Strategy Overview
23.3.7. Jotun
23.3.7.1. Overview
23.3.7.2. Product Portfolio
23.3.7.3. Profitability by Market Segments (Product/Channel/Region)
23.3.7.4. Sales Footprint
23.3.7.5. Strategy Overview
23.3.8. BASF-SE
23.3.8.1. Overview
23.3.8.2. Product Portfolio
23.3.8.3. Profitability by Market Segments (Product/Channel/Region)
23.3.8.4. Sales Footprint
23.3.8.5. Strategy Overview
23.3.9. Berger Paints India Limited
23.3.9.1. Overview
23.3.9.2. Product Portfolio
23.3.9.3. Profitability by Market Segments (Product/Channel/Region)
23.3.9.4. Sales Footprint
23.3.9.5. Strategy Overview
23.3.10. RPM International Inc.
23.3.10.1. Overview
23.3.10.2. Product Portfolio
23.3.10.3. Profitability by Market Segments (Product/Channel/Region)
23.3.10.4. Sales Footprint
23.3.10.5. Strategy Overview
23.3.11. KANSAI Paints Co., Ltd.
23.3.11.1. Overview
23.3.11.2. Product Portfolio
23.3.11.3. Profitability by Market Segments (Product/Channel/Region)
23.3.11.4. Sales Footprint
23.3.11.5. Strategy Overview
24. Assumptions and Acronyms Used
25. Research Methodology
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List of Tables
Table 1: Global Market Volume (Kilo Tons) Forecast by Product Type, 2016–2031
Table 2: Global Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Product Type, 2016–2031
Table 3: Global Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Technology, 2016–2031
Table 4: Global Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Application, 2016–2031
Table 5: Global Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Sales Channel, 2016–2031
Table 6: Global Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Price, 2016–2031
Table 7: Global Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Region, 2016–2031
Table 8: North America Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Country, 2016–2031
Table 9: North America Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Product Type, 2016–2031
Table 10: North America Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Technology, 2016–2031
Table 11: North America Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Application, 2016–2031
Table 12: North America Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Sales Channel, 2016–2031
Table 13: North America Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Price, 2016–2031
Table 14: Latin America Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Country, 2016–2031
Table 15: Latin America Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Product Type, 2016–2031
Table 16: Latin America Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Technology, 2016–2031
Table 17: Latin America Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Application, 2016–2031
Table 18: Latin America Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Sales Channel, 2016–2031
Table 19: Latin America Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Price, 2016–2031
Table 20: Europe Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Country, 2016–2031
Table 21: Europe Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Product Type, 2016–2031
Table 22: Europe Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Technology, 2016–2031
Table 23: Europe Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Application, 2016–2031
Table 24: Europe Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Sales Channel, 2016–2031
Table 25: Europe Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Price, 2016–2031
Table 26: East Asia Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Country, 2016–2031
Table 27: East Asia Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Product Type, 2016–2031
Table 28: East Asia Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Technology, 2016–2031
Table 29: East Asia Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Application, 2016–2031
Table 30: East Asia Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Sales Channel, 2016–2031
Table 31: East Asia Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Price, 2016–2031
Table 32: South Asia Pacific Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Country, 2016–2031
Table 33: South Asia Pacific Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Product Type, 2016–2031
Table 34: South Asia Pacific Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Technology, 2016–2031
Table 35: South Asia Pacific Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Application, 2016–2031
Table 36: South Asia Pacific Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Sales Channel, 2016–2031
Table 37: South Asia Pacific Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Price, 2016–2031
Table 38: MEA Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Country, 2016–2031
Table 39: MEA Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Product Type, 2016–2031
Table 40: MEA Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Technology, 2016–2031
Table 41: MEA Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Application, 2016–2031
Table 42: MEA Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Sales Channel, 2016–2031
Table 43: MEA Market Size (US$ Mn) & Volume (Kilo Tons) Forecast by Price, 2016–2031
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Figure 1: Global Decorative Paints Market Historical Volume (Kilo Tons), 2016 - 2020
Figure 2: Global Decorative Paints Market Volume (Kilo Tons) Forecast, 2020 – 2030
Figure 3: Global Decorative Paints Market Value (US$ Mn) Historical Data and Forecast 2016–2031
Figure 4: Global Decorative Paints Market Absolute $ Opportunity Analysis, 2016 - 2020
Figure 5: Global Decorative Paints Market Share and BPS Analysis by Product Type– 2021 & 2031
Figure 6: Global Decorative Paints Market Y-o-Y Growth Projections by Product Type, 2020-2031
Figure 7: Global Decorative Paints Market Attractiveness by Product Type, 2021-2031
Figure 8: Global Decorative Paints Market Absolute $ Opportunity by Water Based Paints
Figure 9: Global Decorative Paints Market Absolute $ Opportunity by Solvent Based Paints
Figure 10: Global Decorative Paints Market Share and BPS Analysis by Formulation– 2021 & 2031
Figure 11: Global Decorative Paints Market Y-o-Y Growth Projections by Formulation, 2020-2031
Figure 12: Global Decorative Paints Market Attractiveness by Formulation, 2021-2031
Figure 13: Global Decorative Paints Market Absolute $ Opportunity by Emulsion
Figure 14: Global Decorative Paints Market Absolute $ Opportunity by Distemper
Figure 15: Global Decorative Paints Market Share and BPS Analysis by Application– 2021 & 2031
Figure 16: Global Decorative Paints Market Y-o-Y Growth Projections by Application, 2020-2031
Figure 17: Global Decorative Paints Market Attractiveness by Application, 2021-2031
Figure 18: Global Decorative Paints Market Absolute $ Opportunity by Interior
Figure 19: Global Decorative Paints Market Absolute $ Opportunity by Exterior
Figure 20: Global Decorative Paints Market Share and BPS Analysis by Sales Channel– 2021 & 2031
Figure 21: Global Decorative Paints Market Y-o-Y Growth Projections by Sales Channel, 2020-2031
Figure 22: Global Decorative Paints Market Attractiveness by Sales Channel, 2021-2031
Figure 23: Global Decorative Paints Market Absolute $ Opportunity by Online
Figure 24: Global Decorative Paints Market Absolute $ Opportunity by Offline
Figure 25: Global Decorative Paints Market Share and BPS Analysis by Price– 2021 & 2031
Figure 26: Global Decorative Paints Market Y-o-Y Growth Projections by Price, 2020-2031
Figure 27: Global Decorative Paints Market Attractiveness by Price, 2021-2031
Figure 28: Global Decorative Paints Market Absolute $ Opportunity by Premium
Figure 29: Global Decorative Paints Market Absolute $ Opportunity by Medium
Figure 30: Global Decorative Paints Market Absolute $ Opportunity by Economical
Figure 31: Global Decorative Paints Market Share and BPS Analysis by Region– 2021 & 2031
Figure 32: Global Decorative Paints Market Y-o-Y Growth Projections by Region, 2020-2031
Figure 33: Global Decorative Paints Market Attractiveness by Region, 2021-2031
Figure 34: Global Decorative Paints Market Absolute $ Opportunity by North America
Figure 35: Global Decorative Paints Market Absolute $ Opportunity by Latin America
Figure 36: Global Decorative Paints Market Absolute $ Opportunity by Europe
Figure 37: Global Decorative Paints Market Absolute $ Opportunity by East Asia
Figure 38: Global Decorative Paints Market Absolute $ Opportunity by South Asia Pacific
Figure 39: Global Decorative Paints Market Absolute $ Opportunity by MEA
Figure 40: North America Decorative Paints Market Share and BPS Analysis by Country– 2021 & 2031
Figure 41: North America Decorative Paints Market Y-o-Y Growth Projections by Country, 2020-2031
Figure 42: North America Decorative Paints Market Attractiveness by Country, 2021-2031
Figure 43: North America Decorative Paints Market Share and BPS Analysis by Product Type, 2021 & 2031
Figure 44: North America Decorative Paints Market Y-o-Y Growth Projections by Product Type, 2020-2031
Figure 45: North America Decorative Paints Market Attractiveness by Product Type, 2021-2031
Figure 46: North America Decorative Paints Market Share and BPS Analysis by Formulation– 2021 & 2031
Figure 47: North America Decorative Paints Market Y-o-Y Growth Projections by Formulation, 2020-2031
Figure 48: North America Decorative Paints Market Attractiveness by Formulation, 2021-2031
Figure 49: North America Decorative Paints Market Share and BPS Analysis by Application– 2021 & 2031
Figure 50: North America Decorative Paints Market Y-o-Y Growth Projections by Application, 2020-2031
Figure 51: North America Decorative Paints Market Attractiveness by Application, 2021-2031
Figure 52: North America Decorative Paints Market Share and BPS Analysis by Sales Channel– 2021 & 2031
Figure 53: North America Decorative Paints Market Y-o-Y Growth Projections by Sales Channel, 2020-2031
Figure 54: North America Decorative Paints Market Attractiveness by Sales Channel, 2021-2031
Figure 55: North America Decorative Paints Market Share and BPS Analysis by Price– 2021 & 2031
Figure 56: North America Decorative Paints Market Y-o-Y Growth Projections by Price, 2020-2031
Figure 57: North America Decorative Paints Market Attractiveness by Price, 2021-2031
Figure 58: Latin America Decorative Paints Market Share and BPS Analysis by Country– 2021 & 2031
Figure 59: Latin America Decorative Paints Market Y-o-Y Growth Projections by Country, 2020-2031
Figure 60: Latin America Decorative Paints Market Attractiveness by Country, 2021-2031
Figure 61: Latin America Decorative Paints Market Share and BPS Analysis by Product Type, 2021 & 2031
Figure 62: Latin America Decorative Paints Market Y-o-Y Growth Projections by Product Type, 2020-2031
Figure 63: Latin America Decorative Paints Market Attractiveness by Product Type, 2021-2031
Figure 64: Latin America Decorative Paints Market Share and BPS Analysis by Formulation– 2021 & 2031
Figure 65: Latin America Decorative Paints Market Y-o-Y Growth Projections by Formulation, 2020-2031
Figure 66: Latin America Decorative Paints Market Attractiveness by Formulation, 2021-2031
Figure 67: Latin America Decorative Paints Market Share and BPS Analysis by Application– 2021 & 2031
Figure 68: Latin America Decorative Paints Market Y-o-Y Growth Projections by Application, 2020-2031
Figure 69: Latin America Decorative Paints Market Attractiveness by Application, 2021-2031
Figure 70: Latin America Decorative Paints Market Share and BPS Analysis by Sales Channel– 2021 & 2031
Figure 71: Latin America Decorative Paints Market Y-o-Y Growth Projections by Sales Channel, 2020-2031
Figure 72: Latin America Decorative Paints Market Attractiveness by Sales Channel, 2021-2031
Figure 73: Latin America Decorative Paints Market Share and BPS Analysis by Price– 2021 & 2031
Figure 74: Latin America Decorative Paints Market Y-o-Y Growth Projections by Price, 2020-2031
Figure 75: Latin America Decorative Paints Market Attractiveness by Price, 2021-2031
Figure 76: Europe Decorative Paints Market Share and BPS Analysis by Country– 2021 & 2031
Figure 77: Europe Decorative Paints Market Y-o-Y Growth Projections by Country, 2020-2031
Figure 78: Europe Decorative Paints Market Attractiveness by Country, 2021-2031
Figure 79: Europe Decorative Paints Market Share and BPS Analysis by Product Type, 2021 & 2031
Figure 80: Europe Decorative Paints Market Y-o-Y Growth Projections by Product Type, 2020-2031
Figure 81: Europe Decorative Paints Market Attractiveness by Product Type, 2021-2031
Figure 82: Europe Decorative Paints Market Share and BPS Analysis by Formulation– 2021 & 2031
Figure 83: Europe Decorative Paints Market Y-o-Y Growth Projections by Formulation, 2020-2031
Figure 84: Europe Decorative Paints Market Attractiveness by Formulation, 2021-2031
Figure 85: Europe Decorative Paints Market Share and BPS Analysis by Application– 2021 & 2031
Figure 86: Europe Decorative Paints Market Y-o-Y Growth Projections by Application, 2020-2031
Figure 87: Europe Decorative Paints Market Attractiveness by Application, 2021-2031
Figure 88: Europe Decorative Paints Market Share and BPS Analysis by Sales Channel– 2021 & 2031
Figure 89: Europe Decorative Paints Market Y-o-Y Growth Projections by Sales Channel, 2020-2031
Figure 90: Europe Decorative Paints Market Attractiveness by Sales Channel, 2021-2031
Figure 91: Europe Decorative Paints Market Share and BPS Analysis by Price– 2021 & 2031
Figure 92: Europe Decorative Paints Market Y-o-Y Growth Projections by Price, 2020-2031
Figure 93: Europe Decorative Paints Market Attractiveness by Price, 2021-2031
Figure 94: East Asia Decorative Paints Market Share and BPS Analysis by Country– 2021 & 2031
Figure 95: East Asia Decorative Paints Market Y-o-Y Growth Projections by Country, 2020-2031
Figure 96: East Asia Decorative Paints Market Attractiveness by Country, 2021-2031
Figure 97: East Asia Decorative Paints Market Share and BPS Analysis by Product Type, 2021 & 2031
Figure 98: East Asia Decorative Paints Market Y-o-Y Growth Projections by Product Type, 2020-2031
Figure 99: East Asia Decorative Paints Market Attractiveness by Product Type, 2021-2031
Figure 100: East Asia Decorative Paints Market Share and BPS Analysis by Formulation– 2021 & 2031
Figure 101: East Asia Decorative Paints Market Y-o-Y Growth Projections by Formulation, 2020-2031
Figure 102: East Asia Decorative Paints Market Attractiveness by Formulation, 2021-2031
Figure 103: East Asia Decorative Paints Market Share and BPS Analysis by Application– 2021 & 2031
Figure 104: East Asia Decorative Paints Market Y-o-Y Growth Projections by Application, 2020-2031
Figure 105: East Asia Decorative Paints Market Attractiveness by Application, 2021-2031
Figure 106: East Asia Decorative Paints Market Share and BPS Analysis by Sales Channel– 2021 & 2031
Figure 107: East Asia Decorative Paints Market Y-o-Y Growth Projections by Sales Channel, 2020-2031
Figure 108: East Asia Decorative Paints Market Attractiveness by Sales Channel, 2021-2031
Figure 109: East Asia Decorative Paints Market Share and BPS Analysis by Price– 2021 & 2031
Figure 110: East Asia Decorative Paints Market Y-o-Y Growth Projections by Price, 2020-2031
Figure 111: East Asia Decorative Paints Market Attractiveness by Price, 2021-2031
Figure 112: South Asia Pacific Decorative Paints Market Share and BPS Analysis by Country– 2021 & 2031
Figure 113: South Asia Pacific Decorative Paints Market Y-o-Y Growth Projections by Country, 2020-2031
Figure 114: South Asia Pacific Decorative Paints Market Attractiveness by Country, 2021-2031
Figure 115: South Asia Pacific Decorative Paints Market Share and BPS Analysis by Product Type, 2021 & 2031
Figure 116: South Asia Pacific Decorative Paints Market Y-o-Y Growth Projections by Product Type, 2020-2031
Figure 117: South Asia Pacific Decorative Paints Market Attractiveness by Product Type, 2021-2031
Figure 118: South Asia Pacific Decorative Paints Market Share and BPS Analysis by Formulation– 2021 & 2031
Figure 119: South Asia Pacific Decorative Paints Market Y-o-Y Growth Projections by Formulation, 2020-2031
Figure 120: South Asia Pacific Decorative Paints Market Attractiveness by Formulation, 2021-2031
Figure 121: South Asia Pacific Decorative Paints Market Share and BPS Analysis by Application– 2021 & 2031
Figure 122: South Asia Pacific Decorative Paints Market Y-o-Y Growth Projections by Application, 2020-2031
Figure 123: South Asia Pacific Decorative Paints Market Attractiveness by Application, 2021-2031
Figure 124: South Asia Pacific Decorative Paints Market Share and BPS Analysis by Sales Channel– 2021 & 2031
Figure 125: South Asia Pacific Decorative Paints Market Y-o-Y Growth Projections by Sales Channel, 2020-2031
Figure 126: South Asia Pacific Decorative Paints Market Attractiveness by Sales Channel, 2021-2031
Figure 127: South Asia Pacific Decorative Paints Market Share and BPS Analysis by Price– 2021 & 2031
Figure 128: South Asia Pacific Decorative Paints Market Y-o-Y Growth Projections by Price, 2020-2031
Figure 129: South Asia Pacific Decorative Paints Market Attractiveness by Price, 2021-2031
Figure 130: MEA Decorative Paints Market Share and BPS Analysis by Country– 2021 & 2031
Figure 131: MEA Decorative Paints Market Y-o-Y Growth Projections by Country, 2020-2031
Figure 132: MEA Decorative Paints Market Attractiveness by Country, 2021-2031
Figure 133: MEA Decorative Paints Market Share and BPS Analysis by Product Type, 2021 & 2031
Figure 134: MEA Decorative Paints Market Y-o-Y Growth Projections by Product Type, 2020-2031
Figure 135: MEA Decorative Paints Market Attractiveness by Product Type, 2021-2031
Figure 136: MEA Decorative Paints Market Share and BPS Analysis by Formulation– 2021 & 2031
Figure 137: MEA Decorative Paints Market Y-o-Y Growth Projections by Formulation, 2020-2031
Figure 138: MEA Decorative Paints Market Attractiveness by Formulation, 2021-2031
Figure 139: MEA Decorative Paints Market Share and BPS Analysis by Application– 2021 & 2031
Figure 140: MEA Decorative Paints Market Y-o-Y Growth Projections by Application, 2020-2031
Figure 141: MEA Decorative Paints Market Attractiveness by Application, 2021-2031
Figure 142: MEA Decorative Paints Market Share and BPS Analysis by Sales Channel– 2021 & 2031
Figure 143: MEA Decorative Paints Market Y-o-Y Growth Projections by Sales Channel, 2020-2031
Figure 144: MEA Decorative Paints Market Attractiveness by Sales Channel, 2021-2031
Figure 145: MEA Decorative Paints Market Share and BPS Analysis by Price– 2021 & 2031
Figure 146: MEA Decorative Paints Market Y-o-Y Growth Projections by Price, 2020-2031
Figure 147: MEA Decorative Paints Market Attractiveness by Price, 2021-2031
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