Market Trends of poland architectural coatings Industry
This section covers the major market trends shaping the Poland Architectural Coatings Market according to our research experts:
Residential is the largest segment by Sub End User.
- Architectural coating consumption from the residential sector observed a CAGR of 6.00% during 2016-2021, as the government implemented “The Operational Programme Infrastructure and the Environment 2014-2020”. This provides grants and loans for the energy-efficient refurbishment of multiple-family housing. The number of houses completed annually increased at a CAGR of 7.66% during 2016-2021, as Poland completed more than 230,000 houses in 2021.
- In 2020, despite the pandemic and lockdown in Poland, architectural coating consumption increased as the government brought various anti-crisis measures like financial shields, interest rate cuts, and job protection schemes to mitigate the effects of the pandemic on the residential construction sector.
- Architectural coating consumption is expected to rise significantly till 2022, and it is expected to observe steady growth till 2028.
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