Paints and coatings market

The total value of the global paint and coatings market amounted to approximately EUR 76 billion in 2011. Decorative paints represented 44 percent of the market value. The share of European paint sales in global sales volumes was some 30 percent of the sales value. Tikkurila is a regional player with the Nordic countries and Eastern Europe as its market area. Tikkurila operates primarily in the decorative paint sector, which accounts for more than 80 percent of Tikkurila's revenue.


Paints and coatings market by business unit

SBU East

  • The value of the Russian decorative paint market approximately EUR 1.5 billion

  • Paint consumption per capita approximately 4–7 liters, depending on the country

  • The average yearly volume growth of the Russian decorative paints market some 6% between 2004–2013

 

SBU Scandinavia

  • The value of the paint market approximately EUR 0.8 billion

  • Paint consumption per capita approximately 13 liters

  • The average yearly value growth of the Swedish paints market some 3% in 2004–2013

SBU Finland

  • The value of the paint market approximately EUR 0.2 billion

  • Paint consumption per capita approximately 12 liters

  • The average yearly value growth of the Finnish paints market was approximately 3% between 2004–2013

 

SBU CEE

  • The value of the Polish paint market some EUR 600 million

  • Paint consumption per capita approximately 10 liters in Poland, 7–11 liters in the Baltic countries

  • The average yearly value growth of the Polish decorative paint market some 6% in 2006–2013