| Study Period | 2021 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 417.57 Million |
| Market Size (2030) | USD 512.45 Million |
| CAGR (2025 - 2030) | 4.18% |
| Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Pakistan Paint Market Analysis
The Pakistan Paints and Coatings Market size is estimated at USD 417.57 million in 2025, and is expected to reach USD 512.45 million by 2030, at a CAGR of 4.18% during the forecast period (2025-2030).
During the outbreak of the COVID-19 outbreak, there was a negative impact on the Pakistan paints and coatings market. The major reason for the decline in Pakistan's paints & coatings included a shortage of raw materials, disruption in the supply chain, and lower demand from professional architecture, automotive, and aerospace industries due to lockdown, travel restrictions, and halt in production.
- Over the short term, the growing demand for paints and coatings from the architectural coatings segment and the furniture market will likely drive the market growth over the forecast period.
- However, fluctuating automotive industry and rising environmental concerns are going to hinder the market.
- Nevertheless, growing infrastructural activities in Pakistan may offer various opportunities for the market over the forecast period.
Pakistan Paint Market Trends
Acrylic Resins to Dominate the Market
- Acrylic resins are one of the most widely used polymers in the paint and coatings industry. The two principal types of acrylics used are thermoplastic and thermoset.
- Thermoplastic acrylic resins are of two types: solution acrylics and acrylic latex coatings. Thermoset acrylic resins are used in product finishes for metal furniture coatings, automotive topcoats, maintenance coatings, appliances, and other original equipment manufacturer finishes.
- Acrylic resins offer transparency, high color ability, and UV resistance in coating solutions. They are often used in waterborne systems, resulting in low VOC emissions.
- The application of acrylic coatings is primarily found in the construction industry for high-end finishing on roofs, decks, bridges, floors, and other surfaces. Water-based acrylic coatings are in high demand due to environmental concerns, such as the negative impact of VOCs on the air quality in the environment.
All of the aforementioned factors are expected to drive demand for acrylic resin types, which will also boost demand for paints and coatings in Pakistan over the forecast period.
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The Architectural Coatings Segment to Dominate the Market
Paints and coatings are used in the interiors of houses to add color or for decorative purposes. They also perform a wide range of functions, which vary depending on the type of environment and room.
- Paints and coatings are applied on the exterior of the house to give it a new look and protect it from harsh and changing weather conditions and UV radiation without fading, peeling away, or cracking.
- Architectural and decorative coatings are the most significant type of coatings used in Pakistan, where residential and commercial construction activities extensively drive demand. These decorative paints are either oil- or water-based paints for aesthetic purposes for interior and exterior applications.
- The Pakistan Bureau of Statistics (PBS) estimated that the public Gross Fixed Capital Formation (GFCF) in construction increased by 18% in FY 2021 (July 2020-June 2021) due to increased infrastructure investment by the Lahore Development Authority and the Capital Development Authority.
- According to the State Bank of Pakistan (SBP), the amnesty scheme and government subsidies boosted housing and construction finance by 84% in FY2021, with total outstanding debt reaching PKR 305 billion (USD 1.35 billion) in September 2021, up from PKR 166 billion (USD 0.64 billion) in September 2020.
- According to the Board of Investment (BOI), Construction Industry Value Projections in 2021 were PKR 1095.8 billion (USD 4.87 billion), compared to PKR 944 billion (USD 4.19 billion) in 2020.
All of the aforementioned factors are expected to drive the architectural coatings market, which will boost demand for Pakistan paints and coatings during the forecast period.
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Pakistan Paint Industry Overview
The Pakistani paints and coatings market is partially consolidated, with only a few major players dominating the market. Some major companies (not in any particular order) are AkzoNobel, Berger Paints Pakistan Limited, Brighto Paints, Diamond Paints, Nippon Paint, and among others.
Pakistan Paint Market Leaders
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Berger Paints Pakistan Limited
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Brighto Paints
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Diamond Paints
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Nippon Paint
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AkzoNobel
- *Disclaimer: Major Players sorted in no particular order
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Pakistan Paint Market News
- March 2022 : AkzoNobel Pakistan Ltd announced the establishment of a new manufacturing facility in Pakistan. The integrated paints and coatings factory would be constructed in Faisalabad, Pakistan, near the Allama Iqbal Industrial City. The plant will cover 25 acres and will begin operations in 2023. The new manufacturing plant's rapid production will help AkzoNobel to be more competitive in the market.
- June 2021 : Gobi's Paints becomes the first Pakistani paint company to enter Europe. After 40 years of serving Pakistan with commitment, dedication, and world-class colors, Gobi's has now decided to expand its horizons and bring its expertise to the UK. Gobi's Paints strictly adheres to the highest UKAS and PNAC quality control standards. The company has two manufacturing facilities - both located in Lahore, the capital of Punjab province, and the center of industrial activity.
Pakistan Paint Industry Segmentation
Paint is any pigmented liquid, liquefiable or solid putty composition that, when applied to a substrate in a thin layer, turns into a solid film. It is most often used to protect, color, or provide texture. A coating is a coating that is applied to the surface of an object, usually referred to as a substrate. The purpose of applying a coating can be decorative, functional, or both. Coatings can be applied as liquids, gases, or solids, e.g. powder paints. The Pakistani paints and coatings market is segmented by resin, technology, and end-user industry. On the basis of resin, the market is segmented into acrylic, alkyd, polyurethane, epoxy, polyester, and other resin types. On the basis of technology, the market is segmented into waterborne and solvent-borne. On the basis of end-user industry, the market is segmented into architectural, automotive, wood, industrial coatings, transportation, and packaging. For each segment, the market sizing and forecast have been done based on revenue (in USD million).
| Resin Type | Acrylic |
| Alkyd | |
| Polyurethane | |
| Epoxy | |
| Polyester | |
| Other Resin Types | |
| Technology | Waterborne |
| Solvent-borne | |
| End-user Industry | Architectural |
| Automotive | |
| Wood | |
| Industrial Coatings | |
| Transportation | |
| Packaging |
Resin Type
| Acrylic |
| Alkyd |
| Polyurethane |
| Epoxy |
| Polyester |
| Other Resin Types |
Technology
| Waterborne |
| Solvent-borne |
End-user Industry
| Architectural |
| Automotive |
| Wood |
| Industrial Coatings |
| Transportation |
| Packaging |
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Pakistan Paint Market Research FAQs
How big is the Pakistan Paints and Coatings Market?
The Pakistan Paints and Coatings Market size is expected to reach USD 417.57 million in 2025 and grow at a CAGR of 4.18% to reach USD 512.45 million by 2030.
What is the current Pakistan Paints and Coatings Market size?
In 2025, the Pakistan Paints and Coatings Market size is expected to reach USD 417.57 million.
Who are the key players in Pakistan Paints and Coatings Market?
Berger Paints Pakistan Limited, Brighto Paints, Diamond Paints, Nippon Paint and AkzoNobel are the major companies operating in the Pakistan Paints and Coatings Market.
What years does this Pakistan Paints and Coatings Market cover, and what was the market size in 2024?
In 2024, the Pakistan Paints and Coatings Market size was estimated at USD 400.12 million. The report covers the Pakistan Paints and Coatings Market historical market size for years: 2021, 2022, 2023 and 2024. The report also forecasts the Pakistan Paints and Coatings Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Paint in Pakistan Industry Report
Statistics for the 2025 Pakistan Paints and Coatings market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Pakistan Paints and Coatings analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
