| Product Code: ETC5331842 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Between 2023 and 2024, Benin experienced a significant growth rate of 91.87% in its watercolor imports. The compound annual growth rate (CAGR) for the period of 2020-2024 stood at 42.65%. This surge can be attributed to an increased demand for artistic materials and potentially changing consumer preferences in the market.
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 Benin Water Color Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Water Color Market Revenues & Volume, 2021 & 2031F |
3.3 Benin Water Color Market - Industry Life Cycle |
3.4 Benin Water Color Market - Porter's Five Forces |
3.5 Benin Water Color Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Benin Water Color Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Benin Water Color Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
3.8 Benin Water Color Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Benin Water Color Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and non-toxic art supplies |
4.2.2 Growing popularity of art as a form of expression and therapy |
4.2.3 Rising disposable income leading to higher spending on leisure activities like painting |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in watercolor production |
4.3.2 Intense competition from substitute products like acrylic and oil paints |
4.3.3 Lack of awareness about the benefits and versatility of watercolor paints |
5 Benin Water Color Market Trends |
6 Benin Water Color Market Segmentations |
6.1 Benin Water Color Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Benin Water Color Market Revenues & Volume, By Pure Transparent Watercolors, 2021-2031F |
6.1.3 Benin Water Color Market Revenues & Volume, By Semi-Transparent Watercolors, 2021-2031F |
6.1.4 Benin Water Color Market Revenues & Volume, By Opaque Watercolors, 2021-2031F |
6.2 Benin Water Color Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Benin Water Color Market Revenues & Volume, By Students, 2021-2031F |
6.2.3 Benin Water Color Market Revenues & Volume, By Artists/ Professionals, 2021-2031F |
6.3 Benin Water Color Market, By Price Range |
6.3.1 Overview and Analysis |
6.3.2 Benin Water Color Market Revenues & Volume, By Less than US$ 25, 2021-2031F |
6.3.3 Benin Water Color Market Revenues & Volume, By US$ 25 ? ?? US$ 100, 2021-2031F |
6.3.4 Benin Water Color Market Revenues & Volume, By US$ 100 ? ?? US$ 200, 2021-2031F |
6.3.5 Benin Water Color Market Revenues & Volume, By More than US$ 200, 2021-2031F |
6.4 Benin Water Color Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Benin Water Color Market Revenues & Volume, By Wholesalers/ Distributors, 2021-2031F |
6.4.3 Benin Water Color Market Revenues & Volume, By Supermarkets/ Hypermarkets, 2021-2031F |
6.4.4 Benin Water Color Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.4.5 Benin Water Color Market Revenues & Volume, By Multi-brand Stores, 2021-2031F |
6.4.6 Benin Water Color Market Revenues & Volume, By Online Retailers, 2021-2031F |
6.4.7 Benin Water Color Market Revenues & Volume, By Others, 2021-2031F |
7 Benin Water Color Market Import-Export Trade Statistics |
7.1 Benin Water Color Market Export to Major Countries |
7.2 Benin Water Color Market Imports from Major Countries |
8 Benin Water Color Market Key Performance Indicators |
8.1 Number of art workshops and classes utilizing watercolors |
8.2 Percentage of art schools incorporating watercolor techniques in their curriculum |
8.3 Volume of online searches and social media mentions related to watercolor painting techniques |
8.4 Percentage of households purchasing art supplies including watercolors |
8.5 Number of local artists specializing in watercolor paintings |
9 Benin Water Color Market - Opportunity Assessment |
9.1 Benin Water Color Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Benin Water Color Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Benin Water Color Market Opportunity Assessment, By Price Range, 2021 & 2031F |
9.4 Benin Water Color Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Benin Water Color Market - Competitive Landscape |
10.1 Benin Water Color Market Revenue Share, By Companies, 2024 |
10.2 Benin Water Color Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |