Malaysia Architectural Coatings Market Trends

Statistics for the 2023 & 2024 Malaysia Architectural Coatings market trends, created by Mordor Intelligence™ Industry Reports. Malaysia Architectural Coatings trend report includes a market forecast to 202 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Market Trends of malaysia architectural coatings Industry

This section covers the major market trends shaping the Malaysia Architectural Coatings Market according to our research experts:

Residential is the largest segment by Sub End User.

  • The architectural coating consumption in Malaysia peaked in 2016 and 2017 amid strong addition of new housing stocks and improved housing conditions. The normalizing growth till 2019 due to the continuous rise in purchasing power parity and stagnant macroeconomic factors.
  • The architectural coating consumption in Malaysia peaked in 2016 and 2017 amid strong addition of new housing stocks and improved housing conditions. The normalizing growth till 2019 due to the continuous rise in purchasing power parity and stagnant macroeconomic factors.
  • The increase in consumption and sales is expected to grow at a significant rate in the forecasted period due to the rising population in the country and continuous rise in the urbanization which leads to the strong consumption of coatings from urban areas. For instance, According to the world bank, Malaysia currently has urbanization rate of 77.61 % in 2021.
Malaysia Architectural Coatings Market

Malaysia Architectural Coatings Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028