Product Code: ETC017575 | Publication Date: Oct 2020 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Australia Paints Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Although the growth rate starts strong at 5.03% in 2025, it steadily loses momentum, ending at 4.07% by 2029.
The paints market in Australia is witnessing growth due to rising construction activities and increasing demand for decorative and protective coatings. Consumers are leaning towards eco-friendly and low-VOC paints due to environmental concerns. The market is influenced by innovations in water-based and antimicrobial coatings, catering to both residential and industrial applications. However, raw material price fluctuations and stringent environmental regulations impact industry profitability.
The Australian paints market is witnessing strong growth due to increased residential and commercial construction activities. Consumer preferences for eco-friendly and low-VOC paints are shaping the market landscape. Additionally, the rising trend of home improvement and aesthetic enhancements is boosting demand for decorative paints. The expansion of the real estate sector and government incentives for housing projects also play a crucial role.
The Australian paints market faces challenges due to fluctuating raw material prices and strict environmental regulations concerning volatile organic compounds (VOCs). Consumer demand for eco-friendly and sustainable paint options requires investment in research and development. Additionally, competition from international brands puts pricing pressure on local manufacturers.
The paints market in Australia is experiencing steady growth due to increasing demand in the construction, automotive, and industrial sectors. The trend toward eco-friendly and low-VOC (volatile organic compounds) paints is shaping the industry, with manufacturers focusing on sustainable and high-performance coatings. Rising urbanization and government initiatives promoting infrastructure development further boost market expansion.
The Australian government regulates the paints market through stringent environmental and safety standards, particularly under the Australian Consumer Law (ACL) and the Industrial Chemicals Act. The focus is on reducing volatile organic compounds (VOCs) and heavy metals in paints, ensuring compliance with sustainability goals. Regulations from the Australian Competition and Consumer Commission (ACCC) and the National Pollutant Inventory (NPI) influence product formulations, marketing, and imports. Additionally, state-based environmental laws control waste disposal and recycling processes for paints.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Paints Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Paints Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Paints Market - Industry Life Cycle |
3.4 Australia Paints Market - Porter's Five Forces |
3.5 Australia Paints Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.6 Australia Paints Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Australia Paints Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Paints Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Australia |
4.2.2 Increasing focus on sustainable and eco-friendly paints |
4.2.3 Rising disposable income leading to higher spending on home renovation and decoration |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition among paint manufacturers |
4.3.3 Regulations and compliance requirements related to VOC emissions |
5 Australia Paints Market Trends |
6 Australia Paints Market, By Types |
6.1 Australia Paints Market, By Resin |
6.1.1 Overview and Analysis |
6.1.2 Australia Paints Market Revenues & Volume, By Resin, 2021-2031F |
6.1.3 Australia Paints Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.4 Australia Paints Market Revenues & Volume, By Alkyd, 2021-2031F |
6.1.5 Australia Paints Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.6 Australia Paints Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.7 Australia Paints Market Revenues & Volume, By Polyester, 2021-2031F |
6.2 Australia Paints Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Australia Paints Market Revenues & Volume, By Waterborne, 2021-2031F |
6.2.3 Australia Paints Market Revenues & Volume, By Solventborne, 2021-2031F |
6.2.4 Australia Paints Market Revenues & Volume, By Powder, 2021-2031F |
6.3 Australia Paints Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Paints Market Revenues & Volume, By Architectural, 2021-2031F |
6.3.3 Australia Paints Market Revenues & Volume, By Industrial, 2021-2031F |
7 Australia Paints Market Import-Export Trade Statistics |
7.1 Australia Paints Market Export to Major Countries |
7.2 Australia Paints Market Imports from Major Countries |
8 Australia Paints Market Key Performance Indicators |
8.1 Number of new construction projects initiated |
8.2 Adoption rate of eco-friendly paints in the market |
8.3 Consumer sentiment towards home renovation and decoration |
8.4 Innovation rate in paint formulations |
8.5 Customer satisfaction levels with paint quality and durability |
9 Australia Paints Market - Opportunity Assessment |
9.1 Australia Paints Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.2 Australia Paints Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Australia Paints Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Paints Market - Competitive Landscape |
10.1 Australia Paints Market Revenue Share, By Companies, 2024 |
10.2 Australia Paints Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |