SUMMIT, NJ – Market research firm IRL has released a new edition of its regional title, A Profile of the Central European Paint Industry. The report provides market data for 2013 and forecasts for 2018, and gives an overview of the paint industry trends across 14 countries in the region.
The total market for paints and coatings in Central Europe was over 1.3 million tonnes in 2013 and is forecast to rise to more than 1.5 million tonnes by 2018. This is equivalent to an average annual growth rate of 2.9%.