Decorative Paint Market Report 2025 (Global Edition)

Global Decorative Paint Market Report 2025 Market Size Split by Product Type, by Resin Type (Acrylic, Alkyd, Polyurethane, Polyester, Epoxy, Others), by Application (Commercial Sector, Residential Sec...

Decorative Paint Market Report Description

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Competitive Landscape of the Decorative Paint Market

The competitive landscape of the Decorative Paint market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized Decorative Paint companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

Top Companies Market Share in Decorative Paint Industry: (In no particular order of Rank)

• Akzo Nobel N.V.
• Sherwin-Williams Company
• PPG Industries Inc.
• Asian Paints Limited
• NIPSEA GROUP (Nippon Pain)
• Valspar Corporation
• Jotun
• BASF-SE
• Berger Paints India Limited
• RPM International Inc.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Decorative Paint Market

Which Region Dominates the Decorative Paint Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. North America is witnessing a boom within the decorative paint marketplace because of factors like increased construction activities, growing demand for home maintenance, and developing disposable earnings. The area's marketplace is strengthened by way of innovations in paint formulations, eco-friendly options, and digital technologies. Additionally, shifting customer alternatives in the direction of custom-designed aesthetics and sustainable answers contribute to the expansion of the decorative paint marketplace in North America.

Which Region is Expanding at the Fastest CAGR?

Europe stands out as the fastest-growing region in the Decorative Paint market due to several compelling reasons. Europe is experiencing an increase in the decorative paint marketplace, pushed by factors such as urbanization, renovation activities, and a focus on sustainable solutions. The market benefits from improvements in paint formulations and technology, catering to evolving customer possibilities for custom-designed aesthetics and eco-friendly products. Economic recovery, coupled with authorities' tasks selling infrastructure improvement, similarly propels the enlargement of the decorative paint market in Europe.

 

The current report Scope analyzes Decorative Paint Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Decorative Paint Market Analysis

According to Cognitive Market Research, the global Decorative Paint market size was estimated at USD XX Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Decorative Paint market with a market size of USD XX million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. The demand is amplified by the home renovation boom.
• The Canada Decorative Paint market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Canada's eco-friendly trends.
• The Mexico Decorative Paint market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD XX million in 2024.

Europe Decorative Paint Market Analysis

According to Cognitive Market Research, the global Decorative Paint market size was estimated at USD XX Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

• The United Kingdom Decorative Paint market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. In the UK, Decorative Paint sales witness an upswing due to the urbanization.
• The France Decorative Paint market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD XX million in 2024.
• According to Cognitive Market Research, the Germany Decorative Paint market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. In Germany, Decorative Paint sales surged due to the DIY culture.
• The Italy Decorative Paint market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD XX million in 2024.
• The Russia Decorative Paint market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD XX million in 2024.
• The Spain Decorative Paint market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD XX million in 2024
• The Luxembourg Decorative Paint market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD XX million in 2024.
• The Portugal Decorative Paint market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD XX million in 2024.
• The Greece Decorative Paint market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD XX million in 2024.
• Rest of Europe's Decorative Paint market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD XX million in 2024.

Asia Pacific Decorative Paint Market Analysis

According to Cognitive Market Research, the global Decorative Paint market size was estimated at USD XX Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

• According to Cognitive Market Research, the China Decorative Paint market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. Decorative Paint sales surge in China due to the innovative color palettes.
• The Japan Decorative Paint market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD XX million in 2024.
• The India Decorative Paint market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. India's health consciousness.
• The South Korea Decorative Paint market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD XX million in 2024.
• The Australia Decorative Paint market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD XX million in 2024.
• The South East Asia Decorative Paint market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Asia Pacific Decorative Paint market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD XX million in 2024.

South America Decorative Paint Market Analysis

According to Cognitive Market Research, the global Decorative Paint market size was estimated at USD XX Million out of which Latin America market of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Decorative Paint market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Decorative Paint sales flourish in Brazil due to the economic recovery.
• Argentina Decorative Paint market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. Argentina's architectural designs.
• Colombia Decorative Paint market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD XX million in 2024.
• Peru Decorative Paint market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD XX million in 2024.
• Chile Decorative Paint market is projected to witness growth at a CAGR of 4.7% during the forecast period with a market size of USD XX million in 2024.
• The Rest of Latin America Decorative Paint market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD XX million in 2024.

Middle East Decorative Paint Market Analysis

According to Cognitive Market Research, the global Decorative Paint market size was estimated at USD XX Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.

• The GCC Countries Decorative Paint market is projected to witness growth at a CAGR of 5.5% during the forecast period with a market size of USD XX million in 2024. Decorative Paint sales flourish due to the online sales growth.
• The Egypt Decorative Paint market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD XX million in 2024.
• The South Africa Decorative Paint market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD XX million in 2024. Decorative Paint sales flourish in South Africa due to the decorative trends influence.
• The Turkey Decorative Paint market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD XX million in 2024.
• The Nigeria Decorative Paint market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of MEA Decorative Paint market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD XX million in 2024.

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Decorative Paint Market Analysis

How are Segments Performing in the Global Decorative Paint Market?

Decorative Paint Market Product Type Segment Analysis

According to Cognitive Market Research, Water Based Decorative Paints stands out as the dominating category. The water-based totally decorative paint section is witnessing a sizable increase within the basic decorative paint market due to its eco-friendliness, low VOC emissions, and simplicity of software. Consumer alternatives for sustainable products, coupled with stringent environmental policies, are driving the demand for water-based paints. Additionally, advancements in era and formulations are further contributing to the expansion of the water-based decorative paint marketplace.

Solvent Based Decorative Paints emerges as the fastest-growing category in the Decorative Paint market. Solvent-based decorative paints are experiencing a boom in the decorative paint market due to their durable finish, awesome adhesion properties, and versatility in utility. Despite the increasing reputation of water-based options, solvent-based decorative paints continue to attract customers seeking superior performance in high-site visitor areas or tough environments. Innovations in formulations and the potential to satisfy unique utility requirements contribute to the ongoing growth of solvent-based ornamental paints.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Decorative Paint Industry. Request a Free Sample PDF!

Decorative Paint Market Regin Type Segment Analysis

According to Cognitive Market Research, the dominating category is Acrylic. Acrylic-based totally decorative paints are riding an increase in the market attributable to their versatility, durability, and fast-drying homes. They offer superior adhesion, color retention, and resistance to weathering, making them suitable for numerous indoor and outdoor packages. With increasing consumer demand for long-lasting and low-renovation finishes, acrylic paints maintain to gain popularity, contributing significantly to the increase of the decorative paint marketplace.

The fastest-growing category in the Decorative Paint market is Alkyd. Alkyd-primarily based ornamental paints are witnessing growth inside the market due to their fantastic sturdiness, smooth end, and capability to offer super adhesion on diverse surfaces. They offer advanced resistance to wear, moisture, and stains, making them best for excessive-traffic regions and outdoor packages. With the increasing call for lengthy-lasting and flexible coatings, alkyd paints are riding.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Decorative Paint Application Segment Analysis

According to Cognitive Market Research, the dominating category is Commercial Sector. The business quarter is a considerable driver of growth within the ornamental paint marketplace, fueled by way of multiplied creation of sports and protection initiatives. Demand for aesthetically appealing and durable coatings in industrial spaces, including offices, retail outlets, and hospitality venues, is on the upward push. As groups prioritize growing attractive environments to enhance the purchaser experience and emblem image, the commercial region continues to propel the growth of the ornamental paint market.

The fastest-growing category in the Decorative Paint market is Residential Sector. The residential region is a key contributor to the increase of the decorative paint market, driven by elements inclusive of growing homeownership quotes, improved disposable earnings, and a developing cognizance of home improvement projects. With a choice to customize dwelling spaces and enhance belongings values, house owners are making an investment in decorative paints to gain favored aesthetics and create snug living environments, fueling the growth of the residential quarter in the decorative paint market.

• Commercial Sector
• Residential Sector

Decorative Paint Formulation Segment Analysis

According to Cognitive Market Research, the dominating category is Emulsion-based Paints. Emulsion-based total paints are driving growth in the decorative paint market due to their versatility, ease of application, and occasional VOC content. Offering a wide range of colors, finishes, and durability, emulsion-based total paints are favored selections for both residential and commercial programs. As clients increasingly prioritize eco-friendly and high-overall performance coatings, emulsion-based total paints continue to gain traction, contributing notably to the increase of the ornamental paint market.

The fastest-growing category in the Decorative Paint market is Distemper. Distemper paints are experiencing growth inside the ornamental paint marketplace because of their affordability, ease of application, and matte end. Ideal for interior partitions and ceilings, distemper paints provide proper coverage and breathability, making them appropriate for plenty of surfaces. With the increasing call for value-effective and realistic paint answers, distemper paints are riding growth in the ornamental paint market, especially in residential applications.

• Emulsion-based Paints
• Distemper

Decorative Paint Wall Type Segment Analysis

According to Cognitive Market Research, the dominating category is Interior Paints. Interior paints are fueling an increase in the ornamental paint market due to rising calls for home maintenance and indoor decoration projects. With a focal point on growing personalized and aesthetically desirable living areas, consumers are investing in interior paints to refresh and beautify their homes. The availability of a wide variety of colors, finishes, and formulations similarly contributes to the popularity of indoor paints, driving marketplace increase.

The fastest-growing category in the Decorative Paint market is Exterior Paints. Exterior paints are growing in the ornamental paint marketplace, spurred by growing creation activities and preservation initiatives. With a focus on enhancing the scale-down appeal and protecting outside surfaces from weathering and harm, consumers are investing in splendid exterior paints. The availability of long-lasting formulations, color alternatives, and innovative technology, in addition, contributes to the rising demand for outside paints, fueling marketplace growth.

• Interior Paints
• Exterior Paints

Decorative Paint Price Segment Analysis

According to Cognitive Market Research, the dominating category is Premium Range. The top-class range of ornamental paints is experiencing a widespread increase in the marketplace, driven by customer possibilities for great finishes and superior formulations. With a focus on advanced sturdiness, color accuracy, and precise textures, premium paints cater to discerning clients looking for luxurious and long-lasting coatings. As house owners and corporations increasingly prioritize niceness and aesthetics, the demand for top-rate ornamental paints continues to thrust upward, riding the marketplace boom.

The fastest-growing category in the Decorative Paint market is Medium Range. The medium-range segment of ornamental paints is witnessing growth in the market, appealing to clients seeking a balance between affordability and quality. With a focus on providing durable coatings, color alternatives, and moderate pricing, medium-range paints cater to a wide variety of residential and business packages. As value-conscious clients look for fee-driven solutions without compromising on overall performance, the medium-range section continues to expand in the decorative paint marketplace.

• Premium Range
• Medium Range
• Distemper Range

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

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Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion