Industry Statistics and Trends
Paint, Coatings & Printing Ink Manufacturing in Europe key trends
Revenue surged over the two years through 2022 due to sharp raw material inflation.
Manufacturers raised prices on paints and coatings to offset the soaring costs of resins, titanium dioxide and solvents, thereby boosting nominal revenue despite stagnant volumes.
Construction and automotive market weakness weighed on revenue over the three years through 2025.
Revenue from decorative paints and automotive coatings dropped as housing starts and car production slumped, prompting reduced orders of architectural emulsions and industrial primers.
A construction sector rebound and retrofit initiatives will drive renewed growth.
The EU’s Renovation Wave and expected easing of interest rates will fuel demand for facade coatings, sealants and thermal protection as building renovation accelerates, lifting revenue and higher-margin products.
Access all insights and trends with purchase. View purchase options.
Paint, Coatings & Printing Ink Manufacturing in Europe
Industry Revenue
Total value and annual change from 2012-2030. Includes 5-year outlook.
Access the 5-year outlook with purchase. View purchase options
Paint, Coatings & Printing Ink Manufacturing in Europe market size (2020-2025)
Industry revenue has grown at a CAGR of 1.2 % over the past five years, to reach an estimated €71.3bn in 2025.
Trends and Insights
Inflation-driven price hikes fuel temporary revenue surge in coatings industry
- The industry’s overall growth trend has been dictated by a significant upward revenue swing over the two years through 2022. During this period, revenue for manufacturers was largely propelled by pronounced price inflation in raw-material-intensive products. The costs of core inputs, including acrylic, alkyd, polyurethane and epoxy resins, titanium dioxide, solvents (like glycol ethers, n-butyl acetate and xylene) and speciality additives rose sharply due to petrochemical shortages, global supply-chain bottlenecks and energy-price spikes in Europe. The European Council of the Paint, Printing Ink and Artists reported that key components like epoxy resins had risen by 60% in Europe over the year through January 2021. Meanwhile, the Austrian Chemical Industry Association and the ONS found that titanium dioxide prices jumped 15% in the eurozone and 22% in the UK over the year through January 2022.
Access all 11 market size insights and trends with purchase. View purchase options.
Paint, Coatings & Printing Ink Manufacturing in Europe outlook (2025-2030)
Market size is projected to grow over the next five years.
A European construction recovery will support a strong outlook
- The European Commission projects inflation in France, Italy and Spain to slump moving forward, falling to 1.2%, 1.5% and 1.9%, respectively, in 2026, all below the ECB’s 2% target, which will support easing interest rates. Alongside this, Europe’s construction sector is likely to enter a period of gradual recovery over the coming years, which will provide stronger sales for paint, coatings and sealants manufacturers. Despite recent headwinds, ING projects that the European construction sector will climb from 2025 onwards, supported by easing interest rates and improved financing conditions for developers. This rebound will be critical for the industry, as decorative coatings remain its largest segment and are closely tied to housing starts, facade refurbishment and commercial fit-outs.
Access all 13 forward-looking insights and industry data forecasts with purchase. View purchase options.
Revenue
€71.3bn
Employees
326k
Wages
€X.Xbn
European Leaders & Laggards
Top 5 Countries
- North Macedonia +121.7%
- Serbia +11.1%
- Switzerland +7.2%
- Bosnia & Herzegovina +6.2%
- Malta +5.9%
Bottom 5 Countries
- Latvia -7.1%
- Slovakia -2.2%
- United Kingdom -0.9%
- Ukraine -0.1%
- Ireland 0.0%
* CAGR values are for the years 2020-2025.
Explore all 37 country performance rankings and data sheets with your membership purchase.
Biggest companies in the Paint, Coatings & Printing Ink Manufacturing in Europe
| Company | Market Share (%)
2025 | Revenue (€m)
2025 | Profit (€m)
2025 | Profit Margin (%)
2025 |
|---|---|---|---|---|
Nippon Paint Holdings Co. Ltd | N/A | N/A | N/A | |
Akzo Nobel NV | 10,910.0 | 1,525.1 | 14.0 | |
PPG Industries Inc | 14,563.5 | 1,780.0 | 12.2 |
Access statistics and analysis on all 10 companies with purchase. View purchase options.
Paint, Coatings & Printing Ink Manufacturing in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
Access all segmentation data and analysis with purchase. View purchase options.
Top Questions Answered in this Report
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Paint, Coatings & Printing Ink Manufacturing industry in Europe in 2025?
The market size of the Paint, Coatings & Printing Ink Manufacturing industry in Europe is €71.3bn in 2025.
How many businesses are there in the Paint, Coatings & Printing Ink Manufacturing industry in Europe in 2025?
There are 7,039 businesses in the Paint, Coatings & Printing Ink Manufacturing industry in Europe, which has declined at a CAGR of 0.1 % between 2020 and 2025.
Has the Paint, Coatings & Printing Ink Manufacturing industry in Europe grown or declined over the past 5 years?
The market size of the Paint, Coatings & Printing Ink Manufacturing industry in Europe has been growing at a CAGR of 1.2 % between 2020 and 2025.
What is the forecast growth of the Paint, Coatings & Printing Ink Manufacturing industry in Europe over the next 5 years?
Over the next five years, the Paint, Coatings & Printing Ink Manufacturing industry in Europe is expected to grow.
What does the Paint, Coatings & Printing Ink Manufacturing industry in Europe include?
Decorative paints and Industrial coatings are part of the Paint, Coatings & Printing Ink Manufacturing industry in Europe.
Which countries have the most businesses in the Paint, Coatings & Printing Ink Manufacturing industry in Europe?
The European country with the most businesses in the Paint, Coatings & Printing Ink Manufacturing industry is Russia.
How competitive is the Paint, Coatings & Printing Ink Manufacturing industry in Europe?
The level of competition is moderate and steady in the Paint, Coatings & Printing Ink Manufacturing industry in Europe.
Related Industries
This industry is covered in 37 countries
- Paint, Coatings & Printing Ink Manufacturing in Europe
- Paint, Coatings & Printing Ink Manufacturing in Finland
- Paint, Coatings & Printing Ink Manufacturing in Greece
- Paint, Coatings & Printing Ink Manufacturing in Poland
- Paint, Coatings & Printing Ink Manufacturing in Cyprus
- Paint, Coatings & Printing Ink Manufacturing in Estonia
- Paint, Coatings & Printing Ink Manufacturing in the Netherlands
- Paint, Coatings & Printing Ink Manufacturing in Austria
- Paint, Coatings & Printing Ink Manufacturing in Lithuania
- Paint, Coatings & Printing Ink Manufacturing in Denmark
- Paint, Coatings & Printing Ink Manufacturing in Malta
- Paint, Coatings & Printing Ink Manufacturing in Russia
- Paint, Coatings & Printing Ink Manufacturing in Czechia
- Paint, Coatings & Printing Ink Manufacturing in Ireland
- Paint, Coatings & Printing Ink Manufacturing in Serbia
- Paint, Coatings & Printing Ink Manufacturing in Spain
- Paint, Coatings & Printing Ink Manufacturing in Hungary
- Paint, Coatings & Printing Ink Manufacturing in the UK
- Paint, Coatings & Printing Ink Manufacturing in Germany
- Paint, Coatings & Printing Ink Manufacturing in Germany
- Paint, Coatings & Printing Ink Manufacturing in Iceland
- Paint, Coatings & Printing Ink Manufacturing in Belgium
- Paint, Coatings & Printing Ink Manufacturing in Turkey
- Paint, Coatings & Printing Ink Manufacturing in Bosnia & Herzegovina
- Paint, Coatings & Printing Ink Manufacturing in Bulgaria
- Paint, Coatings & Printing Ink Manufacturing in France
- Paint, Coatings & Printing Ink Manufacturing in Norway
- Paint, Coatings & Printing Ink Manufacturing in Luxembourg
- Paint, Coatings & Printing Ink Manufacturing in the UK
- Paint, Coatings & Printing Ink Manufacturing in Sweden
- Paint, Coatings & Printing Ink Manufacturing in Italy
- Paint, Coatings & Printing Ink Manufacturing in Latvia
- Paint, Coatings & Printing Ink Manufacturing in Croatia
- Paint, Coatings & Printing Ink Manufacturing in Slovenia
- Paint, Coatings & Printing Ink Manufacturing in Romania
- Paint, Coatings & Printing Ink Manufacturing in Switzerland
- Paint, Coatings & Printing Ink Manufacturing in Slovakia
- Paint, Coatings & Printing Ink Manufacturing in Portugal
Table of Contents
About this industry
Industry definition
Companies in this industry are predominantly involved in the manufacture of paints, varnishes and similar coatings (including enamels or lacquers), along with mastics and sealants. The industry also includes those involved in the manufacture of printing ink.
Related Terms
Printing InksVarnishPigmentsWhat's included in this industry?
Decorative paintsIndustrial coatingsPrinting inksOtherCompanies
Nippon Paint Holdings Co. LtdAkzo Nobel NVPPG Industries IncIndustry Code
2022 - Manufacture of paints, varnishes and similar coatings, printing ink and mastics in Europe
View up to 10 companies with purchase. View purchase options.
Performance
Key Takeaways
Inflation-driven price hikes fuel temporary revenue surge in coatings industry
View more insights with purchase. View purchase options.
Revenue Highlights
Trends
- Revenue
- 2025 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue in the Paint, Coatings & Printing Ink Manufacturing in Europe industry (2012 -2030)
- Employees in the Paint, Coatings & Printing Ink Manufacturing in Europe industry (2012 -2030)
- Business in the Paint, Coatings & Printing Ink Manufacturing in Europe industry (2012 -2030)
- Profit in the Paint, Coatings & Printing Ink Manufacturing in Europe industry (2012 -2030)
Analysis
What's driving current industry performance in the Paint, Coatings & Printing Ink Manufacturing in Europe industry?
Outlook
Analysis
What's driving the Paint, Coatings & Printing Ink Manufacturing in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Paint, Coatings & Printing Ink Manufacturing in Europe industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Paint, Coatings & Printing Ink Manufacturing in Europe industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Less toxic paints soar in popularity. Paints with fewer VOCs and made from bio-based materials are growing in popularity as downstream users look to minimise their environmental footprint.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Paint, Coatings & Printing Ink Manufacturing in Europe industry's products and services performing?
Analysis
What are innovations in the Paint, Coatings & Printing Ink Manufacturing in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Paint, Coatings & Printing Ink Manufacturing in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Exporter
- Total Exports into Europe
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2025)
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2025)
- Share of Total Industry Enterprises by Region (2025)
- Share of Total Industry Employment by Region (2025)
- Share of Total Industry Wages by Region (2025)
Industry Geographic Breakdown
Data Tables
Values and annual change provided for 37 European countries:
- Revenue (2025)
- IVA (2025)
- Enterprises (2025)
- Employment (2025)
- Exports (2025)
- Imports (2025)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
There’s some diversity in paint and ink offerings. While a handful of large multinational manufacturers dominate the industry, some regional and niche operators are gaining market share.
Supply Chain
Charts
Buyer and supply industries
Companies
Market Share
Charts
- Industry Market Share by Company (2020-2025)
Companies
Data Tables
Top 10 companies by market share:
- Market share (2025)
- Revenue (2025)
- Profit (2025)
- Profit Margin (2025)
Data Tables
- Countries of operation for Nippon Paint Holdings Co. Ltd
- Countries of operation for Akzo Nobel NV
- Countries of operation for PPG Industries Inc
- Countries of operation for BASF SE
- Countries of operation for Axalta Coating Systems Ltd
- Countries of operation for Hempel A/S
- Countries of operation for DAW SE
- Countries of operation for Jotun A/S
- Countries of operation for Teknos Group OY
- Countries of operation for San Marco Group SpA
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Stringent regulations are in place. The EU has implemented strict laws to regulate Volatile Organic Compounds and other potentially harmful substances in paints.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Paint, Coatings & Printing Ink Manufacturing in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
High operating costs have dented profit. Strong demand for sustainable paints has been compounded by rocketing energy and raw materials costs, squeezing profit.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Paint, Coatings & Printing Ink Manufacturing in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2015-2030)
- Imports/Demand (2015-2030)
- Exports/Revenue (2015-2030)
- Revenue per Employee (2015-2030)
- Wages/Revenue (2015-2030)
- Employees per Establishment (2015-2030)
- Average Wage (2015-2030)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and bottom five countries listed for each:
- Revenue Growth (2025)
- Business Growth (2025)
- Job Growth (2025)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2025)
- Imports/Demand (2025)
- Exports/Revenue (2025)
- Revenue per Employee (2025)
- Wages/Revenue (2025)
- Employees per Establishment (2025)
- Average Wage (2025)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2015-2030)
- IVA (2015-2030)
- Establishments (2015-2030)
- Enterprises (2015-2030)
- Employment (2015-2030)
- Exports (2015-2030)
- Imports (2015-2030)
- Wages (2015-2030)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
