Japan Architectural Coatings - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)

The Japan Architectural Coatings Market size is estimated at USD 2.15 billion in 2024, and is expected to reach USD 2.32 billion by 2028, growing at a CAGR of 1.92% during the forecast period (2024-2028).

Key Highlights

• Largest Segment by End-user - Residential : Compared to commercial floor area, Japan has been observing higher volume of residential building floor area resulting in high architectural paint consumption from the residential sector.
• Largest Segment by Technology - Waterborne : Japan has Voluntary VOC requirements, hence compared to the other regions consumption of Solventborne technology is higher, though Waterborne technology is largest segment by technology.
• Largest Segment by Resin - Acrylic : Acrylic is a leading type of resin in Japan. Further, Epoxy resins and Polyurethane resins in Japan has higher percentage of consumption in comparison to other regions.

Japan Architectural Coatings Market Trends

Residential is the largest segment by Sub End User.

• The growth rate of architectural coatings in Japan has been on decline since 2016 before observing a spike back in 2020. The growth registered in 2020 is due to sales increase from the DIY segment, influenced by COVID enhanced home improvement activity. The Japanese home structures also warrants a higher paint consumption as in comparison to other housing structure around world, Japan has different specifications as their style of houses are drastically different.
• Japan's residential sector held the highest share, which oscillates around 80%. This has enabled the total architectural paint and coatings consumption to witness a CAGR of 2.48% in the period 2016-2021, even though the commercial sector has observed a few negative growth rate years in the said period.
• The commercial sector's share in Japan is expected to reduce during the forecast period, due to sustained demand in the residential segment, coupled with declining population and aging labor force. Additionally, Japan is a highly developed country coupled with country observing deflation for a prolonged period of time, this has affected the overall growth of the country, similarly, the overall architectural paints and coatings market is expected to continue but at a mere CAGR of 1.3% between the period 2022-2028.

Japan Architectural Coatings Industry Overview

The Japan Architectural Coatings Market is moderately consolidated, with the top five companies occupying 61.38%. The major players in this market are AkzoNobel N.V., DAI NIPPON TORYO CO.,LTD., Kansai Paint Co.,Ltd., Nippon Paint Holdings Co., Ltd. and SKK(S) Pte. Ltd (sorted alphabetically).

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