Base Year
Historical Year
Forecast Year
Value in AUD billion
2024-2032
Australia Architectural Coatings Market Outlook
*this image is indicative*
Australia architectural coatings market demand is getting bolstered by the nature of these coatings for protecting and enhancing the appearance of buildings and structures. Their benefits include providing protection, improving aesthetics, ensuring durability, reducing environmental impact, offering specialized functionalities, and delivering economic savings.
| Australia Architectural Coatings Market Summary | Description | Value |
| Base Year | AUD Billion | 2023 |
| Historical period | AUD Billion | 2018-2023 |
| Forecast Period | AUD Billion | 2024-2032 |
| Market Size 2023 | AUD Billion | 1.74 |
| Market Size 2032 | AUD Billion | 2.43 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 3.8% |
| CAGR 2024-2032 - Market by Region | Australian Capital Territory | 4.7% |
| CAGR 2024-2032 - Market by Region | Victoria | 4.2% |
| CAGR 2024-2032 - Market by Technology | Water-borne | 3.0% |
| CAGR 2024-2032 - Market by End Use | Non-Residential | 3.2% |
| Market Share by Region 2023 | Queensland | 20.4% |
The architectural coatings are classified into non-residential and residential, based on end-use. There has been a steady increase in residential construction activities, including new housing projects and renovations. This rise in construction leads to a higher demand for architectural coatings used for both the interiors and exteriors of homes. The expansion of commercial spaces, including office buildings, retail stores, hotels, and restaurants, leads to increased demand for architectural coatings. These projects often require high-performance coatings for both aesthetic appeal and durability.
According to the ABS, in February 2024, 12,520 dwelling units were approved in Australia.
The Australia architectural coatings market developments are being guided by growing demand for coatings that offer multiple functions beyond aesthetics, such as anti-bacterial, anti-graffiti, fire resistance, and corrosion protection. These coatings are particularly important in commercial, industrial, and public buildings. Moreover, manufacturers are increasingly using sustainable and bio-based raw materials in their products. This trend aligns with the broader global movement towards sustainability and reduces the environmental footprint of architectural coatings.
Australia Architectural Coatings Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Resin Type
Market Breakup by Technology
Market Breakup by Function
Market Breakup by End Use
Market Breakup by Region
Solvent-borne coatings hold a major share in the Australia architectural coatings market due to their superior performance characteristics, including excellent durability, adhesion, and weather resistance.
| CAGR 2024-2032 - Market by | Region |
| Australian Capital Territory | 4.7% |
| Victoria | 4.2% |
| Queensland | 3.3% |
| New South Wales | XX% |
| Western Australia | XX% |
| Others | XX% |
The growth of the architectural coatings market is fuelled by a combination of technological advancements, sustainability initiatives, consumer preferences for high-performance and customizable products, and ongoing construction and renovation activities.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at AUD 1.71 billion in 2023.
The market is projected to grow at a CAGR of 2.65% between 2024 and 2032.
The revenue generated from the architectural coatings market is expected to reach AUD 2.16 billion in 2032.
Based on the technology, the architectural coatings market is bifurcated into alkyd, polyurethane, acrylic, epoxy, urethane, polyester, and others.
Key players in the architectural coatings industry are DuluxGroup (Australia) Pty Limited, Keim Mineral Paints, Henry Haymes Pty Ltd., Ppg Industries Pty Ltd., Hannah Zev Holdings Pty Limited, 3M Australia Pty Limited, Resene Paints Ltd., and Omega Industries, among others.
Based on technology, the architectural coatings market is divided into water-borne and solvent-borne.
The different end-use of architectural coatings include residential and non-residential.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Resin Type |
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| Breakup by Technology |
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| Breakup by Function |
|
| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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