Consumer Appliance Coatings Market
Consumer Appliance Coatings Market Analysis By Application (Refrigeration, Large Cooking Appliances, Home Laundry), By Resin (Epoxy, Epoxy PE Hybrid), and Region - Global Market Insights 2023 to 2033
Analysis of Consumer Appliance Coatings Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Consumer Appliance Coatings Market Outlook (2023 to 2033)
The global consumer appliance coatings market is set to enjoy a valuation of US$ 1.6 billion in 2023 and it is anticipated to grow at a CAGR of 5.5% to reach US$ 2.7 billion by the end of 2033.
Consumer appliance coatings are used to coat commercial and household appliances. The demand for various household appliances such as refrigerators, TV, cooking appliances, and other domestic appliances is increasing rapidly which is likely to create high demand for consumer appliance coatings.
| Report Attributes | Details |
|---|---|
| Estimated Market Value (2023E) | US$ 1.6 Billion |
| Forecasted Market Value (2033F) | US$ 2.7 Billion |
| Global Market Growth Rate (2023 to 2033) | ~5.5% CAGR |
| North America Market Share (2023) | ~26.2% |
| East Asia Market Growth Rate (2023 to 2033) | ~5.7% CAGR |
| Europe Market Growth Rate (2023 to 2033) | ~5.4% CAGR |
| Key Companies Profiled | Akzo Nobel N V; Axalta Coating System; Jotus A/S; Nippon Paint Co.; PPG industries; The Sherwin-William Company; Tiger Corporation; Valspar Corporation |
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Historic and Future Path for Consumer Appliance Coating Market
Consumer appliance coatings are widely used in the applications such as refrigerators, large cooking appliances, home laundry, and other household applications. The growing trend of smart homes will increase the demand for improved, stylish, and durable appliances. Consumer spending on smart home products is expected to reach US$ 170 billion by 2025. An upsurge in the number of foodies has completely changed the restaurant market in the last few years.
Increasing demand for energy and water-efficient electronic devices is likely to drive the demand for the consumer appliance coatings market. Coatings such as thermoplastic coating, and fluoropolymer coatings provide benefits such as chemical resistance, heat resistance, low friction, and waterproof moisture sensitivity helping to increase demand for consumer appliance coatings.
- Short Term (2023 to 2026): Rising demand for various types of refrigerators for household uses as well as small and medium scale restaurants is likely to create high demand for consumer appliance coatings.
- Medium Term (2026 to 2029): Improving standard of living and growing numbers of restaurants increase the need for energy and water-efficient electronic devices that in turn will create high demand for consumer appliance coatings in the coming years, especially in North America and Asia Pacific regions.
- Long Term (2029 to 2033): Increasing research and development activities from manufacturing companies to discover end-uses of consumer appliance coating and the rising trend of smart homes to create high demand in long term.
“Growth in the Consumer Electronics Appliances Industry to Boost the Market”
The Rising consumer electronics appliances industry is likely to create a positive impact on the growth of the consumer appliance coatings market during the assessment period. Increasing population and rising standard of livings in developed as well as developing countries are likely to create high demand for consumer appliance coatings.
The global consumer electronic appliance market was valued at over US$ 600 billion in 2022 and is expected to cross a valuation of over US$ 700 billion by the end of 2025.
The consumer electronics and home appliances market is driven by changing consumer preferences for innovative and smart products for household use. Rising disposable income, busy schedules, and the advantages of electronic appliances are some of the key factors for the growth of the consumer electronics appliances market.
The superior properties of consumer appliance coatings such as resistance to heat and chemicals, and water-proof are increasing the need for consumer appliance coatings in electronic appliances.
“Rising Government Regulation to Hamper Market Growth”
Rising government regulation regarding the use of chemicals in refrigerators is likely to have a negative impact on the growth of the consumer appliance coating market.
The manufacturing of coating includes products such as additives, modifiers, and pigment. These products are considered as dangerous to the environment and can cause contamination and pollution when released into water bodies. Such impacts on the environment can become a concern and can act as the biggest challenge for the consumer appliance coatings market growth.
Country-wise Insights
Why is U.S. Expected to be a Lucrative Market for Consumer Appliance Coatings?
U.S. household electronic appliance market was valued at over US$ 50 billion in 2022 which is expected to further grow at a CAGR of 2.8% between 2022 to 2027.
U.S. has witnessed high demand for various types of refrigerators. As per data, more than 98% of the population in the US holds at least one refrigerator. This is expected to boost the demand for the consumer appliance coatings market in the U.S. Increasing population, disposable income, and technological advancement are some of the prime factors for the growth of refrigerators in the U.S.
Also, U.S. has the presence of some of the leading refrigerators manufacturers such as Whirlpool Refrigerators, Viking Refrigerators, and GE Refrigerators which is likely to lift the consumer electronic market in the U.S.
These factors are likely to boost the demand for consumer appliance coatings in the U.S.
What are the Growth Opportunities for Consumer Appliance Coating in China?
China is considered the fastest-growing consumer appliance coating market across the globe. It is anticipated to account for over 60% of the market in East Asia.
The increasing population and rapidly changing consumer lifestyle are likely to increase the demand for consumer appliance coating during the forecast period. In addition, the rising use of technology and attractive designs with innovative and differential functionality as per the need of the end user is increasing demand for consumer appliance coatings.
Large appliances are used for housekeeping such as laundry, cleaning, and food preservation. Due to the increasing standard of living and increasing purchasing power among Chinese consumers, China consumer electronics market is anticipated to grow at a rapid pace.
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Category-wise Insights
Which Resin Type is Likely to Dominate the Market Growth?
Epoxy resins are anticipated to dominate the market growth during the assessment period. Epoxy resin is used for both internal as well as external products.
Epoxy resin has a wide range of material characteristics such as low shrinkage during cure, good adhesion to all types of fibers, high mechanical properties, and easy processing which is highly preferred by the end users.
Owing to the increasing demand for high-quality aesthetics, good formability, and a high degree of scratch-resistance coatings, demand for epoxy resins is expected to expand at a CAGR of 7.0% between 2023 and 2033.
Which Application is Likely to Hold Maximum Market Share in the Consumer Appliance Coatings Market?
Refrigerators are likely to hold the maximum market share in the consumer appliance coatings market. An efficient refrigeration system with reduced power consumption is experiencing increased demand from consumers, which is the key factor for the growth of the consumer appliance coatings market.
Increasing adoption of various refrigeration systems such as mechanical compression, absorption refrigeration, evaporative cooling, and others, is spurring the requirement for consumer appliance coatings.
An increasing number of small and medium-scale restaurants across developing countries is likely to increase demand for various types of consumer appliances in the coming years.
Market Titans Key Strategies
Prominent players in the consumer appliance coatings market are Akzo Nobel N.V., Axalta Coating System, Jotus A/S, Nippon Paint, PPG Industries, Sherwin-William Company, Tiger Corporation, and Valspar Corporation.
Some of the leading market players in consumer appliance coating are focusing on research and development activities for increasing the efficiency of consumer coatings and providing coatings that enhance the safety, texture, and finishing of the appliance. Key players in the consumer appliance coatings market are emphasizing on improving the quality and quantity of their products to sustain their positions in this space. Companies are also looking to apply mergers & acquisitions strategy for increasing production capacity as well as increasing their presence in the high demanding areas.
- For instance, in April 2022, Akzo Nobel completed the acquisition of a Colombia-based paints and coatings company named Grupo Orbis. This will help them in strengthening their presence in the Latin American market.
Fact.MR has provided detailed information about the price points of key manufacturers of consumer appliances coatings positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
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Segmentation of Consumer Appliance Coatings Industry Research
-
By Resin Type :
- Epoxy
- Epoxy PE Hybrid
- Other Resin
-
By Application :
- Refrigerators
- Large Cooking Appliances
- Home Laundry
- Other Application
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (Kilo Tons) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Resin Type
- 7.1. Epoxy
- 7.2. Epoxy PE Hybrid
- 7.3. Other Resin
- 8. Global Market Analysis and Forecast, By Application
- 8.1. Refrigerators
- 8.2. Large Cooking Appliances
- 8.3. Home Laundry
- 8.4. Other Application
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East & Africa
- 10. North America Market Analysis and Forecast
- 11. Latin America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia & Oceania Market Analysis and Forecast
- 15. Middle East & Africa Market Analysis and Forecast
- 16. Country - level Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. Akzo Nobel N V
- 18.2. Axalta Coating System
- 18.3. Jotus A/S
- 18.4. Nippon Paint Co.
- 18.5. PPG Industries
- 18.6. The Sherwin–William Company
- 18.7. Tiger Corporation
- 18.8. Valspar Corporation
- 18.9. Other Players
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
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List Of Table
Table 01. Global Market Value (US$ million), by Region, 2018 to 2022
Table 02. Global Market Value (US$ million) and Forecast by Region, 2023 to 2033
Table 03. Global Market Volume (Kilo Tons), by Region, 2018 to 2022
Table 04. Global Market Volume (Kilo Tons) and Forecast by Region, 2023 to 2033
Table 05. Global Market Value (US$ million), By Resin Type, 2018 to 2022
Table 06. Global Market Value (US$ million) and Forecast By Resin Type, 2023 to 2033
Table 07. Global Market Volume (Kilo Tons), By Resin Type, 2018 to 2022
Table 08. Global Market Volume (Kilo Tons) and Forecast By Resin Type, 2023 to 2033
Table 09. Global Market Value (US$ million), By Application, 2018 to 2022
Table 10. Global Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 11. Global Market Volume (Kilo Tons), By Application, 2018 to 2022
Table 12. Global Market Volume (Kilo Tons) and Forecast By Application, 2023 to 2033
Table 13. North America Market Value (US$ million), by Country, 2018 to 2022
Table 14. North America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 15. North America Market Volume (Kilo Tons), by Country, 2018 to 2022
Table 16. North America Market Volume (Kilo Tons) and Forecast by Country, 2023 to 2033
Table 17. North America Market Value (US$ million), By Resin Type, 2018 to 2022
Table 18. North America Market Value (US$ million) and Forecast By Resin Type, 2023 to 2033
Table 19. North America Market Volume (Kilo Tons), By Resin Type, 2018 to 2022
Table 20. North America Market Volume (Kilo Tons) and Forecast By Resin Type, 2023 to 2033
Table 21. North America Market Value (US$ million), By Application, 2018 to 2022
Table 22. North America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 23. North America Market Volume (Kilo Tons), By Application, 2018 to 2022
Table 24. North America Market Volume (Kilo Tons) and Forecast By Application, 2023 to 2033
Table 25. Latin America Market Value (US$ million), by Country, 2018 to 2022
Table 26. Latin America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 27. Latin America Market Volume (Kilo Tons), by Country, 2018 to 2022
Table 28. Latin America Market Volume (Kilo Tons) and Forecast by Country, 2023 to 2033
Table 29. Latin America Market Value (US$ million), By Resin Type, 2018 to 2022
Table 30. Latin America Market Value (US$ million) and Forecast By Resin Type, 2023 to 2033
Table 31. Latin America Market Volume (Kilo Tons), By Resin Type, 2018 to 2022
Table 32. Latin America Market Volume (Kilo Tons) and Forecast By Resin Type, 2023 to 2033
Table 33. Latin America Market Value (US$ million), By Application, 2018 to 2022
Table 34. Latin America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 35. Latin America Market Volume (Kilo Tons), By Application, 2018 to 2022
Table 36. Latin America Market Volume (Kilo Tons) and Forecast By Application, 2023 to 2033
Table 37. Europe Market Value (US$ million), by Country, 2018 to 2022
Table 38. Europe Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 39. Europe Market Volume (Kilo Tons), by Country, 2018 to 2022
Table 40. Europe Market Volume (Kilo Tons) and Forecast by Country, 2023 to 2033
Table 41. Europe Market Value (US$ million), By Resin Type, 2018 to 2022
Table 42. Europe Market Value (US$ million) and Forecast By Resin Type, 2023 to 2033
Table 43. Europe Market Volume (Kilo Tons), By Resin Type, 2018 to 2022
Table 44. Europe Market Volume (Kilo Tons) and Forecast By Resin Type, 2023 to 2033
Table 45. Europe Market Value (US$ million), By Application, 2018 to 2022
Table 46. Europe Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 47. Europe Market Volume (Kilo Tons), By Application, 2018 to 2022
Table 48. Europe Market Volume (Kilo Tons) and Forecast By Application, 2023 to 2033
Table 49. East Asia Market Value (US$ million), by Country, 2018 to 2022
Table 50. East Asia Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 51. East Asia Market Volume (Kilo Tons), by Country, 2018 to 2022
Table 52. East Asia Market Volume (Kilo Tons) and Forecast by Country, 2023 to 2033
Table 53. East Asia Market Value (US$ million), By Resin Type, 2018 to 2022
Table 54. East Asia Market Value (US$ million) and Forecast By Resin Type, 2023 to 2033
Table 55. East Asia Market Volume (Kilo Tons), By Resin Type, 2018 to 2022
Table 56. East Asia Market Volume (Kilo Tons) and Forecast By Resin Type, 2023 to 2033
Table 57. East Asia Market Value (US$ million), By Application, 2018 to 2022
Table 58. East Asia Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 59. East Asia Market Volume (Kilo Tons), By Application, 2018 to 2022
Table 60. East Asia Market Volume (Kilo Tons) and Forecast By Application, 2023 to 2033
Table 61. South Asia & Oceania Market Value (US$ million), by Country, 2018 to 2022
Table 62. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 63. South Asia & Oceania Market Volume (Kilo Tons), by Country, 2018 to 2022
Table 64. South Asia & Oceania Market Volume (Kilo Tons) and Forecast by Country, 2023 to 2033
Table 65. South Asia & Oceania Market Value (US$ million), By Resin Type, 2018 to 2022
Table 66. South Asia & Oceania Market Value (US$ million) and Forecast By Resin Type, 2023 to 2033
Table 67. South Asia & Oceania Market Volume (Kilo Tons), By Resin Type, 2018 to 2022
Table 68. South Asia & Oceania Market Volume (Kilo Tons) and Forecast By Resin Type, 2023 to 2033
Table 69. South Asia & Oceania Market Value (US$ million), By Application, 2018 to 2022
Table 70. South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 71. South Asia & Oceania Market Volume (Kilo Tons), By Application, 2018 to 2022
Table 72. South Asia & Oceania Market Volume (Kilo Tons) and Forecast By Application, 2023 to 2033
Table 73. MEA Market Value (US$ million), by Country, 2018 to 2022
Table 74. MEA Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 75. MEA Market Volume (Kilo Tons), by Country, 2018 to 2022
Table 76. MEA Market Volume (Kilo Tons) and Forecast by Country, 2023 to 2033
Table 77. MEA Market Value (US$ million), By Resin Type, 2018 to 2022
Table 78. MEA Market Value (US$ million) and Forecast By Resin Type, 2023 to 2033
Table 79. MEA Market Volume (Kilo Tons), By Resin Type, 2018 to 2022
Table 80. MEA Market Volume (Kilo Tons) and Forecast By Resin Type, 2023 to 2033
Table 81. MEA Market Value (US$ million), By Application, 2018 to 2022
Table 82. MEA Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 83. MEA Market Volume (Kilo Tons), By Application, 2018 to 2022
Table 84. MEA Market Volume (Kilo Tons) and Forecast By Application, 2023 to 2033
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List Of Figures
Figure 01. Global Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2023 to 2033
Figure 02. Global Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 03. Global Market Value (US$ million) and Volume (Kilo Tons) by Region, 2023 & 2033
Figure 04. Global Market Y to o to Y Growth Rate by Region, 2023 to 2033
Figure 05. Global Market Value (US$ million) and Volume (Kilo Tons) By Resin Type, 2023 & 2033
Figure 06. Global Market Y to o to Y Growth Rate By Resin Type, 2023 to 2033
Figure 07. Global Market Value (US$ million) and Volume (Kilo Tons) By Application, 2023 & 2033
Figure 08. Global Market Y to o to Y Growth Rate By Application, 2023 to 2033
Figure 09. North America Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2023 to 2033
Figure 10. North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 11. North America Market Value (US$ million) and Volume (Kilo Tons) by Country, 2023 & 2033
Figure 12. North America Market Y to o to Y Growth Rate by Country, 2023 to 2033
Figure 13. North America Market Value (US$ million) and Volume (Kilo Tons) By Resin Type, 2023 & 2033
Figure 14. North America Market Y to o to Y Growth Rate By Resin Type, 2023 to 2033
Figure 15. North America Market Value (US$ million) and Volume (Kilo Tons) By Application, 2023 & 2033
Figure 16. North America Market Y to o to Y Growth Rate By Application, 2023 to 2033
Figure 17. North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 18. North America Market Attractiveness Analysis By Resin Type, 2023 to 2033
Figure 19. North America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 20. Latin America Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2023 to 2033
Figure 21. Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 22. Latin America Market Value (US$ million) and Volume (Kilo Tons) by Country, 2023 & 2033
Figure 23. Latin America Market Y to o to Y Growth Rate by Country, 2023 to 2033
Figure 24. Latin America Market Value (US$ million) and Volume (Kilo Tons) By Resin Type, 2023 & 2033
Figure 25. Latin America Market Y to o to Y Growth Rate By Resin Type, 2023 to 2033
Figure 26. Latin America Market Value (US$ million) and Volume (Kilo Tons) By Application, 2023 & 2033
Figure 27. Latin America Market Y to o to Y Growth Rate By Application, 2023 to 2033
Figure 28. Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 29. Latin America Market Attractiveness Analysis By Resin Type, 2023 to 2033
Figure 30. Latin America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 31. Europe Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2023 to 2033
Figure 32. Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 33. Europe Market Value (US$ million) and Volume (Kilo Tons) by Country, 2023 & 2033
Figure 34. Europe Market Y to o to Y Growth Rate by Country, 2023 to 2033
Figure 35. Europe Market Value (US$ million) and Volume (Kilo Tons) By Resin Type, 2023 & 2033
Figure 36. Europe Market Y to o to Y Growth Rate By Resin Type, 2023 to 2033
Figure 37. Europe Market Value (US$ million) and Volume (Kilo Tons) By Application, 2023 & 2033
Figure 38. Europe Market Y to o to Y Growth Rate By Application, 2023 to 2033
Figure 39. Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 40. Europe Market Attractiveness Analysis By Resin Type, 2023 to 2033
Figure 41. Europe Market Attractiveness Analysis By Application, 2023 to 2033
Figure 42. East Asia Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2023 to 2033
Figure 43. East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 44. East Asia Market Value (US$ million) and Volume (Kilo Tons) by Country, 2023 & 2033
Figure 45. East Asia Market Y to o to Y Growth Rate by Country, 2023 to 2033
Figure 46. East Asia Market Value (US$ million) and Volume (Kilo Tons) By Resin Type, 2023 & 2033
Figure 47. East Asia Market Y to o to Y Growth Rate By Resin Type, 2023 to 2033
Figure 48. East Asia Market Value (US$ million) and Volume (Kilo Tons) By Application, 2023 & 2033
Figure 49. East Asia Market Y to o to Y Growth Rate By Application, 2023 to 2033
Figure 50. East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 51. East Asia Market Attractiveness Analysis By Resin Type, 2023 to 2033
Figure 52. East Asia Market Attractiveness Analysis By Application, 2023 to 2033
Figure 53. South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2023 to 2033
Figure 54. South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 55. South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) by Country, 2023 & 2033
Figure 56. South Asia & Oceania Market Y to o to Y Growth Rate by Country, 2023 to 2033
Figure 57. South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) By Resin Type, 2023 & 2033
Figure 58. South Asia & Oceania Market Y to o to Y Growth Rate By Resin Type, 2023 to 2033
Figure 59. South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) By Application, 2023 & 2033
Figure 60. South Asia & Oceania Market Y to o to Y Growth Rate By Application, 2023 to 2033
Figure 61. South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 62. South Asia & Oceania Market Attractiveness Analysis By Resin Type, 2023 to 2033
Figure 63. South Asia & Oceania Market Attractiveness Analysis By Application, 2023 to 2033
Figure 64. MEA Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2023 to 2033
Figure 65. MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 66. MEA Market Value (US$ million) and Volume (Kilo Tons) by Country, 2023 & 2033
Figure 67. MEA Market Y to o to Y Growth Rate by Country, 2023 to 2033
Figure 68. MEA Market Value (US$ million) and Volume (Kilo Tons) By Resin Type, 2023 & 2033
Figure 69. MEA Market Y to o to Y Growth Rate By Resin Type, 2023 to 2033
Figure 70. MEA Market Value (US$ million) and Volume (Kilo Tons) By Application, 2023 & 2033
Figure 71. MEA Market Y to o to Y Growth Rate By Application, 2023 to 2033
Figure 72. MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73. MEA Market Attractiveness Analysis By Resin Type, 2023 to 2033
Figure 74. MEA Market Attractiveness Analysis By Application, 2023 to 2033
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- FAQs -
What is the Global Consumer Appliance Coatings Market Size?
The global consumer appliance coatings market is estimated to be at US$ 1.6 billion in 2023.
How will the market perform over the forecast period?
During 2023-2033, consumption of consumer appliance coatings is expected to increase at 5.5% CAGR.
What is North America Market Outlook?
The North American market is estimated to capture over 1/4th of the market share.
What is the Growth Rate of China’s Consumer Appliance Coating Market?
China’s consumer appliance coatings market is anticipated to grow at a CAGR of 5.9% during the assessment period.
Which Application Holds the Highest Market Share?
Polymers in the consumer appliance coatings market are anticipated to capture the maximum market share.
What Is the Projected CAGR for The Consumer Appliance Coatings Market in Europe Between 2023 To 2033?
Europe’s Consumer appliance coatings are anticipated to register a CAGR of 5.4% between 2023 and 2033.
Who are the Major Players in the Consumer Appliance Coatings Market?
Akzo Nobel N.V., Axalta Coating System, Jotus A/S, Nippon Paints, PPG Industries, Sherwin-William Company, Tiger Corporation, and Valspar Corporation are some of the prominent consumer appliance coating manufacturing companies.
What are the factors driving the Consumer Appliance Coatings Growth During the Forecast Period?
Changing consumer lifestyles, and increasing purchasing power are some of the prime factors for the growth of home appliances, which is likely to influence the consumer appliance coatings market in the coming years.
Consumer Appliance Coatings Market