| Product Code: ETC5731808 | 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 |
In 2024, Lithuania continued to import refinish paint primarily from neighboring countries such as Poland, Germany, and Estonia, as well as from Sweden and Italy. The market showed moderate concentration, as reflected by the Herfindahl-Hirschman Index (HHI). However, the industry experienced a decline with a negative Compound Annual Growth Rate (CAGR) of -13.3% from 2020 to 2024. The growth rate in 2024 also remained negative at -2.47%, indicating a challenging landscape for refinish paint imports in Lithuania.

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 Lithuania Refinish Paint Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Refinish Paint Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Refinish Paint Market - Industry Life Cycle |
3.4 Lithuania Refinish Paint Market - Porter's Five Forces |
3.5 Lithuania Refinish Paint Market Revenues & Volume Share, By Layer, 2021 & 2031F |
3.6 Lithuania Refinish Paint Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.7 Lithuania Refinish Paint Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Lithuania Refinish Paint Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
4 Lithuania Refinish Paint Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automobile repair and maintenance services |
4.2.2 Growth in the automotive industry in Lithuania |
4.2.3 Rising disposable income leading to higher spending on vehicle maintenance |
4.3 Market Restraints |
4.3.1 Strict environmental regulations regarding paint chemicals |
4.3.2 High initial investment required for setting up a refinish paint shop |
4.3.3 Competition from existing well-established market players |
5 Lithuania Refinish Paint Market Trends |
6 Lithuania Refinish Paint Market Segmentations |
6.1 Lithuania Refinish Paint Market, By Layer |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Refinish Paint Market Revenues & Volume, By Clearcoat, 2021-2031F |
6.1.3 Lithuania Refinish Paint Market Revenues & Volume, By Basecoat, 2021-2031F |
6.1.4 Lithuania Refinish Paint Market Revenues & Volume, By Primer, 2021-2031F |
6.1.5 Lithuania Refinish Paint Market Revenues & Volume, By Sealer, 2021-2031F |
6.2 Lithuania Refinish Paint Market, By Resin |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Refinish Paint Market Revenues & Volume, By PU, 2021-2031F |
6.2.3 Lithuania Refinish Paint Market Revenues & Volume, By Epoxy, 2021-2031F |
6.2.4 Lithuania Refinish Paint Market Revenues & Volume, By Acrylic, 2021-2031F |
6.3 Lithuania Refinish Paint Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Refinish Paint Market Revenues & Volume, By Waterborne, 2021-2031F |
6.3.3 Lithuania Refinish Paint Market Revenues & Volume, By Solventborne & Powder, 2021-2031F |
6.4 Lithuania Refinish Paint Market, By Vehicle |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Refinish Paint Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.4.3 Lithuania Refinish Paint Market Revenues & Volume, By LCV, 2021-2031F |
6.4.4 Lithuania Refinish Paint Market Revenues & Volume, By Truck, 2021-2031F |
6.4.5 Lithuania Refinish Paint Market Revenues & Volume, By Bus, 2021-2031F |
7 Lithuania Refinish Paint Market Import-Export Trade Statistics |
7.1 Lithuania Refinish Paint Market Export to Major Countries |
7.2 Lithuania Refinish Paint Market Imports from Major Countries |
8 Lithuania Refinish Paint Market Key Performance Indicators |
8.1 Number of new vehicle registrations in Lithuania |
8.2 Average age of vehicles in the country |
8.3 Number of refinish paint shops opening in key cities |
9 Lithuania Refinish Paint Market - Opportunity Assessment |
9.1 Lithuania Refinish Paint Market Opportunity Assessment, By Layer, 2021 & 2031F |
9.2 Lithuania Refinish Paint Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.3 Lithuania Refinish Paint Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 Lithuania Refinish Paint Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
10 Lithuania Refinish Paint Market - Competitive Landscape |
10.1 Lithuania Refinish Paint Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Refinish Paint 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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