Middle-East and Africa Wood Coatings Market Size

Statistics for the 2023 & 2024 Middle-East and Africa Wood Coatings market size, created by Mordor Intelligence™ Industry Reports. Middle-East and Africa Wood Coatings size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Middle-East and Africa Wood Coatings Industry

Single User License
Team License
Corporate License
Book before:
Middle-East and Africa Wood Coatings Market - Summary
share button
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 2.50 %
Market Concentration Medium

Major Players

rd-img

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

OFF

Team License

OFF

Corporate License

OFF
Book before:

MEA Wood Coatings Market Analysis

The Middle-East and African wood coatings market size was estimated at over USD 361.10 million in 2021, and the market is projected to register a CAGR of over 2.5% during the forecast period (2022-2027).

The market witnessed a slight decline in early 2020 due to the COVID-19 outbreak, leading to lockdown and delays in the construction of projects and restricted activities. However, after lifting the lockdown, the industries are expected to witness a sharp increase by the mid-forecast period, which may, in turn, drive the demand for the market studied in the future.

  • Over the long term, increasing applications in furniture and the growing construction industry in the middle eastern region are driving the market studied.
  • On the flip side, rising concern toward volatile material emission is expected to hinder the growth of the market.
  • Increasing demand for UV-cured coatings and shift toward water-borne coatings are expected to offer various lucrative opportunities for the growth of the market.
  • By country, Saudi Arabia is expected to dominate the market during the forecast period.

Middle-East and Africa Wood Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)