Global Consumer Appliance Coatings Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Consumer Appliance Coatings Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Resin Type (Epoxy, Epoxy PE Hybrid, Thermoplastic, and Others), Application (Refrigerators, Cooking appliances, Dishwashers, Washing machines, Microwave & Oven, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Consumer Appliance Coatings Market was valued at USD 1,340.2 million in 2023 and is expected to reach USD 2,041.2 million by 2031 while growing at a CAGR of 5.4% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global consumer appliance coatings market growth. Consumer appliance coatings, designed for household appliances, enhance performance, appearance, and durability. These specialized coatings protect surfaces from corrosion, wear, and environmental factors, contributing to both aesthetics and functionality. Meeting specific standards, these coatings ensure that appliances not only perform effectively but also appeal to the consumer market.
Increasing consumer demand for aesthetically pleasing appliances, coupled with rising disposable income and urbanization, propels the growth of the consumer appliance coatings market. Nevertheless, challenges such as stringent environmental regulations and fluctuating raw material prices could impede market expansion.
Furthermore, the global consumer appliance coatings industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Resin Type Analysis
The Global Consumer Appliance Coatings Market is segmented among Epoxy, Epoxy PE Hybrid, Thermoplastic, and Others, based on Resin Type. In 2023, Epoxy PE Hybrid accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Consumer Appliance Coatings Market is segmented among Refrigerators, Cooking appliances, Dishwashers, Washing Machines, Microwave & Oven, and Others, based on Application. In 2023, Refrigerators accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Consumer Appliance Coatings Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are AkzoNobel N.V, Axalta Coatings System, LLC, Dulux Australia, Evonik, Henkel AG & Co. KGaA, Jotun, Kansai Paints, PPG Industries, Inc., THE SHERWIN-WILLIAMS COMPANY., TIGER Drylac U.S.A., and Wacker Chemie AG.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Consumer Appliance Coatings Market Dynamics
Drivers
Restraints
Opportunity
4. Global Consumer Appliance Coatings Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Consumer Appliance Coatings Market Segmentation, By Resin Type
Global Consumer Appliance Coatings Market Share Analysis, By Resin Type
Global Consumer Appliance Coatings Market Growth Analysis, By Resin Type
Global Consumer Appliance Coatings Market Trends, By Resin Type
o Epoxy
o Epoxy PE Hybrid
o Thermoplastic
o Others
6. Global Consumer Appliance Coatings Market Segmentation, By Application
Global Consumer Appliance Coatings Market Share Analysis, By Application
Global Consumer Appliance Coatings Market Growth Analysis, By Application
Global Consumer Appliance Coatings Market Trends, By Application
o Refrigerators
o Cooking Appliances
o Dishwashers
o Washing Machines
o Microwave & Oven
o Others
7. Global Consumer Appliance Coatings Market Segmentation, By Region
Global Consumer Appliance Coatings Market Share Analysis, By Region
Global Consumer Appliance Coatings Market Growth Analysis, By Region
Global Consumer Appliance Coatings Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
AkzoNobel N.V.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Axalta Coatings System
Dulux Australia
Evonik
Henkel AG & Co. KGaA
Jotun
Kansai Paints
PPG Industries, Inc.
THE SHERWIN-WILLIAMS COMPANY.
TIGER Drylac U.S.A.
Wacker Chemie AG
*Similar analysis will be provided for each company listed above.