How big is the Spain Architectural Coatings Market?

The Spain Architectural Coatings Market size is expected to reach USD 731.04 million in 2024 and grow at a CAGR of 3.78% to reach USD 848.02 million by 2028. Read More

What is the current Spain Architectural Coatings Market size?

In 2024, the Spain Architectural Coatings Market size is expected to reach USD 731.04 million. Read More

Who are the key players in Spain Architectural Coatings Market?

AkzoNobel N.V., CIN, S.A., DAW SE, Nippon Paint Holdings Co., Ltd. and PPG Industries, Inc. are the major companies operating in the Spain Architectural Coatings Market. Read More

Which segment has the biggest share in the Spain Architectural Coatings Market?

In the Spain Architectural Coatings Market, the Residential segment accounts for the largest share by sub end user. Read More

Which is the fastest growing segment in the Spain Architectural Coatings Market?

In 2024, the Residential segment accounts for the fastest growing by sub end user in the Spain Architectural Coatings Market. Read More

What years does this Spain Architectural Coatings Market cover, and what was the market size in 2023?

In 2023, the Spain Architectural Coatings Market size was estimated at USD 708.55 million. The report covers the Spain Architectural Coatings Market historical market size for years: 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Spain Architectural Coatings Market size for years: 2024, 2025, 2026, 2027 and 2028. Read More

Spain Architectural Coatings Market Trends

Statistics for the 2023 & 2024 Spain Architectural Coatings market trends, created by Mordor Intelligence™ Industry Reports. Spain Architectural Coatings trend report includes a market forecast to 202 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of spain architectural coatings Industry

This section covers the major market trends shaping the Spain Architectural Coatings Market according to our research experts:

Residential is the largest segment by Sub End User.

The architectural coating consumption in Spain peaked in 2017 with an increment of 7.3% Y-o-Y due to the long-time recovery since 2013 and increased rehabilitation work in 2017. However, the repaint segment, which accounts for the major part of architectural coatings, declined due to lower restoration permits in 2018 and 2019.
The slow growth in the architectural coating consumption was observed in 2020 due to lower new constructions in both residential and commercial sectors due to the spread of COVID-19. However, the decline in new construction was countered by the growth in the do-it-yourself (DIY) segment in the residential sector in 2020.
The coating consumption recovered in 2021 due to a rebound in both residential and commercial sectors. The growing confidence of coating companies in the positive future of architectural coatings may fuel the demand over the coming years.