Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Furniture Paint Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Key Forecast Insights for the Furniture Paint Market Growth?
The market for furniture paint has seen consistent growth over the recent years. The market size, which was $10.2 billion in 2024, is projected to increase to $10.68 billion in 2025, implying a compound annual growth rate (CAGR) of 4.7%. The historic growth can be credited to several factors.
What Is the Predicted Industry Size and CAGR of the Furniture Paint Market in 2029?
The Furniture Paint market is forecasted to reach a value of $12.99 billion by the year 2029, growing at a compound annual growth rate (CAGR) of 5.0%.
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Which Factors Are Driving Growth in the Furniture Paint Market?
The key Drivers in the furniture paint market are:
• The increasing growth in the real estate industry
• The surge in population growth and rapid urbanization
• Economic development and infrastructure investment
• Changing consumer preferences towards aesthetic and modernized decor
Which Segment Trends Are Covered in the Furniture Paint Market Forecast?
The furniture paintmarket covered in this report is segmented –
1) By Type: Oil-Based, Water-Based, Other Types
2) By Product: Acid Curing Coatings, Nitrocellulose Coatings, Polyurethane Coating
3) By Application: Residential, Commercial, Industrial
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What Are the Current Market Trends in the Furniture Paint Industry?
The key trends in the furniture paint market are:
• The focus on product innovation contributes to new trends in the furniture paint market.
• Spray paints are emerging as a popular furniture paint option.
• Rapid dry time of paints is becoming increasingly important for consumers.
• There is a growing trend towards creating paints that preserve the original look of furniture.
Who are the Key Companies in the Furniture Paint Market?
The key players in the furniture paint market are:
• Sherwin-Williams Company
• PPG Industries Inc.
• Akzo Nobel N.V.
• Nippon Paint Holdings Co. Ltd.
• RPM International Inc.
• Axalta Coating Systems Ltd.
• Asian Paints Limited
• The Valspar Corporation
• Kansai Paint Co. Ltd.
• Hempel A/S
• Jotun A/S
• Tikkurila Oyj
• Behr Process Corporation
• Berger Paints India Limited
• Benjamin Moore & Co.
• Rust-Oleum Corporation
• Dunn-Edwards Corporation
• Crown Paints Limited
• Farrow & Ball Limited
• DuluxGroup Limited
• HMG Paints Ltd.
• Morrells Woodfinishes Limited
• J.W. Ostendorf GmbH & Co. KG
• Liberon Limited
• Sikkens Corporation
• General Finishes LLC
• Fine Paints of Europe Inc
What are the Regional Trends Across the Furniture Paint Market?
Asia-Pacific was the largest region in the furniture paint market in 2024
