Market Size of UAE Architectural Paints And Coatings Industry
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 558.76 Million |
| Market Size (2029) | USD 736.88 Million |
| CAGR (2024 - 2029) | > 5.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UAE Architectural Paints and Coatings Market Analysis
The UAE Architectural Paints And Coatings Market size is estimated at USD 558.76 million in 2024, and is expected to reach USD 736.88 million by 2029, growing at a CAGR of greater than 5% during the forecast period (2024-2029).
The COVID-19 outbreak caused nationwide lockdowns around the world, disruption in manufacturing activities and supply chains, and production halts, all of which had a negative impact on the market in 2020. Currently, the market has recovered from the pandemic. The market reached pre-pandemic levels in 2022 and is expected to grow steadily in the future.
- One of the primary drivers of the market includes increasing construction activities in the country.
- The rising environmental concerns regarding the usage of traditional architectural coatings are hindering the growth of the market in the country.
- Rising demand for eco-friendly products and upcoming mega projects are likely to act as opportunities for the market in the coming years.
- Among the resin types, acrylic resin type is expected to dominate the market.
