The market value of paints and coatings industry in Latin America was around 9.3 billion U.S. dollars in 2023, an increase of around 10.7 percent compared to 2021. The industry is forecast to have a compound annual growth rate (CAGR) of around six percent between 2024 and 2031.
Additional information on the global paints and coatings market can be found here.
Market value of paints and coatings industry in Latin America from 2021 to 2023 with a forecast from 2024 to 2031
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Extrapolate. (February 22, 2024). Market value of paints and coatings industry in Latin America from 2021 to 2023 with a forecast from 2024 to 2031 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 07, 2024, from https://www.statista.com/statistics/1454637/paints-and-coatings-industry-market-value-latin-america/
Extrapolate. "Market value of paints and coatings industry in Latin America from 2021 to 2023 with a forecast from 2024 to 2031 (in billion U.S. dollars)." Chart. February 22, 2024. Statista. Accessed December 07, 2024. https://www.statista.com/statistics/1454637/paints-and-coatings-industry-market-value-latin-america/
Extrapolate. (2024). Market value of paints and coatings industry in Latin America from 2021 to 2023 with a forecast from 2024 to 2031 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 07, 2024. https://www.statista.com/statistics/1454637/paints-and-coatings-industry-market-value-latin-america/
Extrapolate. "Market Value of Paints and Coatings Industry in Latin America from 2021 to 2023 with a Forecast from 2024 to 2031 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Feb 2024, https://www.statista.com/statistics/1454637/paints-and-coatings-industry-market-value-latin-america/
Extrapolate, Market value of paints and coatings industry in Latin America from 2021 to 2023 with a forecast from 2024 to 2031 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1454637/paints-and-coatings-industry-market-value-latin-america/ (last visited December 07, 2024)
Market value of paints and coatings industry in Latin America from 2021 to 2023 with a forecast from 2024 to 2031 (in billion U.S. dollars) [Graph], Extrapolate, February 22, 2024. [Online]. Available: https://www.statista.com/statistics/1454637/paints-and-coatings-industry-market-value-latin-america/