| Product Code: ETC4941089 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Bhutan Paints Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 3.76% in 2028, following an initial rate of 1.89%, before easing to 3.03% at the end of the period.

By 2027, the Paints market in Bhutan is anticipated to reach a growth rate of 3.43%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

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 Bhutan Paints Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Paints Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Paints Market - Industry Life Cycle |
3.4 Bhutan Paints Market - Porter's Five Forces |
3.5 Bhutan Paints Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.6 Bhutan Paints Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Bhutan Paints Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bhutan Paints Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in Bhutan leading to increased demand for paints. |
4.2.2 Increasing disposable income among consumers driving the demand for premium paint products. |
4.2.3 Government initiatives promoting sustainable and eco-friendly paints in the market. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost of paints. |
4.3.2 Competition from imported paints affecting the market share of local paint manufacturers. |
4.3.3 Limited availability of skilled labor for paint application and finishing. |
5 Bhutan Paints Market Trends |
6 Bhutan Paints Market Segmentations |
6.1 Bhutan Paints Market, By Resin |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Paints Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.3 Bhutan Paints Market Revenues & Volume, By Alkyd, 2021-2031F |
6.1.4 Bhutan Paints Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.5 Bhutan Paints Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.6 Bhutan Paints Market Revenues & Volume, By Polyester, 2021-2031F |
6.2 Bhutan Paints Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Paints Market Revenues & Volume, By Waterborne, 2021-2031F |
6.2.3 Bhutan Paints Market Revenues & Volume, By Solventborne, 2021-2031F |
6.2.4 Bhutan Paints Market Revenues & Volume, By Powder, 2021-2031F |
6.3 Bhutan Paints Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bhutan Paints Market Revenues & Volume, By Architectural, 2021-2031F |
6.3.3 Bhutan Paints Market Revenues & Volume, By Industrial, 2021-2031F |
7 Bhutan Paints Market Import-Export Trade Statistics |
7.1 Bhutan Paints Market Export to Major Countries |
7.2 Bhutan Paints Market Imports from Major Countries |
8 Bhutan Paints Market Key Performance Indicators |
8.1 Consumer awareness and preference for eco-friendly paint products. |
8.2 Adoption rate of innovative paint technologies in the market. |
8.3 Number of new construction projects using premium paint products. |
8.4 Market penetration of locally manufactured paints. |
9 Bhutan Paints Market - Opportunity Assessment |
9.1 Bhutan Paints Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.2 Bhutan Paints Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Bhutan Paints Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bhutan Paints Market - Competitive Landscape |
10.1 Bhutan Paints Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Paints Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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