Need help finding what you are looking for?
Contact Us
PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1683765
PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1683765
Nordic Countries Architectural Coatings - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
PUBLISHED:
PAGES: 60 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
The Nordic Countries Architectural Coatings Market size is estimated at USD 1.18 billion in 2024, and is expected to reach USD 1.33 billion by 2028, growing at a CAGR of 3.04% during the forecast period (2024-2028).
Key Highlights
- Largest Segment by End-user - Residential : The steady growth of floor area in urban regions and the consistent addition of new housing stock boost the consumption of architectural coatings in the residential sector.
- Largest Segment by Technology - Waterborne : The waterborne coatings segment holds the major market share due to the long-prevailing VOC emission regulations in the region and labeling VOC limits on products.
- Largest Segment by Resin - Acrylic : Acrylic is a leading type of resin as it easily qualifies for the requirements listed under the Nordic ecolabel standards and EU Reach with its low VOC emissions limits.
Nordic Countries Architectural Coatings Market Trends
Residential is the largest segment by Sub End User.
- In NORDIC countries, architectural paint consumption during 2016-2019 increased by a CAGR of . A major rise was observed in 2016 and 2017 due to the increase in investment in both the new residential and commercial construction sectors in all NORDIC countries.
- The slow growth in the architectural coating consumption in 2020 due to the spread of COVID-19 was followed by the recovering growth in construction in 2021. The DIY segment was continuously fueling the demand for paints and coatings in 2020 and 2021, especially from the residential sector.
- The increase in consumption is expected to continue till 2023 before normalizing from 2023 to 2028 due to positive growth prospects in both the residential and commercial sectors in Sweden, Norway, and Finland.
Nordic Countries Architectural Coatings Industry Overview
The Nordic Countries Architectural Coatings Market is fairly consolidated, with the top five companies occupying 73.80%. The major players in this market are AkzoNobel N.V., DAW SE, Flugger group A/S, PPG Industries, Inc. and Teknos (sorted alphabetically).
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
Product Code: 93082
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY & KEY FINDINGS
2 INTRODUCTION
- 2.1 Study Assumptions & Market Definition
- 2.2 Scope of the Study
- 2.3 Research Methodology
3 KEY INDUSTRY TRENDS
- 3.1 Floor Area Trends
- 3.2 Regulatory Framework
- 3.3 Value Chain & Distribution Channel Analysis
4 MARKET SEGMENTATION
- 4.1 Sub End User
- 4.1.1 Commercial
- 4.1.2 Residential
- 4.2 Technology
- 4.2.1 Solventborne
- 4.2.2 Waterborne
- 4.3 Resin
- 4.3.1 Acrylic
- 4.3.2 Alkyd
- 4.3.3 Epoxy
- 4.3.4 Polyester
- 4.3.5 Polyurethane
- 4.3.6 Other Resin Types
5 COMPETITIVE LANDSCAPE
- 5.1 Key Strategic Moves
- 5.2 Market Share Analysis
- 5.3 Company Landscape
- 5.4 Company Profiles
- 5.4.1 AkzoNobel N.V.
- 5.4.2 Brillux GmbH & Co. KG
- 5.4.3 DAW SE
- 5.4.4 Flugger group A/S
- 5.4.5 Jotun
- 5.4.6 PPG Industries, Inc.
- 5.4.7 Teknos
6 KEY STRATEGIC QUESTIONS FOR ARCHITECTURAL COATINGS CEOS
7 APPENDIX
- 7.1 Global Overview
- 7.1.1 Overview
- 7.1.2 Porter's Five Forces Framework
- 7.1.3 Global Value Chain Analysis
- 7.1.4 Market Dynamics (DROs)
- 7.2 Sources & References
- 7.3 List of Tables & Figures
- 7.4 Primary Insights
- 7.5 Data Pack
- 7.6 Glossary of Terms
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.