According to the TechSci Research report, titled “UAE Decorative Paints Market – By Region, Competition, Forecast and Opportunities, 2028,” the UAE Decorative Paints Market is expected to rise in the upcoming years due to the expansion of the road & railways network, increasing megaprojects in the nation, increasing commercial construction activities in the United Arab Emirates, increasing demand from the United Arab Emirates oil and gas industry among others.
The purpose of decorative paints is to enhance the visual appeal of a surface. They are regularly utilized both indoors and outside, including for furniture, walls, ceilings, and other ornamental elements. Due to their availability in a wide range of colors, textures, and finishes, decorative paints are a versatile tool that both homeowners and interior designers can use to give their rooms a unique appearance and feel.
The United Arab Emirates has had a continuous rise in the market for paint and coatings in recent years due to its quickly expanding population, relatively high wages, massive building industry, and rising industrial demand. Due to the regional economic downturn and a slowdown in the domestic building industry, the past two years have not been especially favorable for the nation’s paint and coatings manufacturers. However, as World Expo 2020 approaches, the construction industry has begun to pick up steam, and paint manufacturers anticipate tremendous growth in the months ahead. Therefore, the UAE Decorative Paints market is expected to rise in the upcoming years and register a significant CAGR.
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The UAE decorative paints Market is classified by product type, type of plant, application, sales channel, and end user. Based on product type, the market is divided into water-based and solvent-based. Based on the type of paint, the market is divided into emulsion, enamel, distemper, primer, textures, and others. Based on application, the market is divided into exterior and interior. Based on sales channels, the market is divided into offline and online. Based on end-user, the market is divided into residential and non-residential. Based on region, the market is segmented into Dubai, Abu Dhabi, Sharjah, and the Rest of UAE.
Based on the type of paint, the market is divided into emulsion, enamel, distemper, primer, textures, and others. The emulsion segment is expected to hold the largest share over the projected years. Since, it has a low odor, dries quickly, and can be cleaned up with water, emulsion paint is easy to work with. It is a preferred option for DIY painters and homeowners due to its user-friendliness. Emulsion paint is beneficial for a number of surfaces, including walls, ceilings, and trim, since it is available in a variety of colors, finishes, and sheens. It has flexible design possibilities and can be used in a variety of rooms and spaces inside a home or commercial building. Emulsion paint is appropriate for use on both interior and outdoor surfaces since it frequently exhibits high durability and resistance to peeling, cracking, and fading.
Based on end-user, the market is divided into residential and non-residential. The residential segment is expected to hold the largest share during the forecast period. The residential segment plays a key role in the UAE decorative paints market. Producers have to meet the expectations of consumers by providing a wide selection of goods since homeowners are searching for paints that are both aesthetically beautiful and long-lasting. In terms of choosing the best paint for their project, the residential segment currently has more alternatives than ever due to technological advancements. For instance, in 2022, the development of eighteen new projects was permitted by the Department of Municipalities and Transport (DMT) in Abu Dhabi. In the Abu Dhabi Emirate, these projects create 5,037 additional housing units in various locations, including Saadiyat Island, Yas Island, Al Reem Island, Madinat Zayed, and other districts.
Key players in the UAE Decorative Paints market include:
- Jotun U.A.E. Ltd. (LLC)
- Sigma Paints SA Limited
- The Sherwin-Williams Company
- Akzo Nobel UAE Paints L.L.C
- Berger Paints Emirates Limited (LLC)
- Caparol Paints LLC
- Kansai Paint Co. Ltd
- PPG Industries Inc
- Ritver Paints & Coatings
- Thermilate Middle East Trading LLC
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“The UAE Decorative Paints Market is expected to witness a significant rise in the upcoming years. The expansion of the road & railways network, an increasing number of megaprojects, a rise in commercial construction activities, and augmenting demand for decorative paints in the country’s oil and gas industry are aiding this market’s growth. The surge in government initiatives, focused on the UAE’s construction sector, is also supporting the market substantially. For instance, initiatives, such as the Sheikh Zayed Housing Programme, the Dubai Tourism Strategy, the National Strategy of Higher Education 2030, and the Ministry of Education Strategic Plan 2017–2021, are adding to the demand for decorative paints to a great extent. These initiatives expect investments in residential and commercial construction projects. Therefore, the market for decorative paints is likely to propel the demand in the nation,” said Mr Karan Chechi, the Research Director at TechSci Research, a research-based global management consulting firm.
UAE Decorative Paints Market, By Product Type (Water Based, Solvent) By Type of Paint (Emulsion, Enamel, Distemper, Primer, Textures, and Others), By Application (Exterior, Interior), By Sales Channel (Offline, Online), By End User (Residential, Non-Residential), By Region, Competition, Forecast and Opportunities, 2029 has evaluated the future growth potential of Decorative Paints and provides statistics and information on market structure, size, share, and future growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the UAE Decorative Paints market.
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Table of Content-UAE Decorative Paints Market
- Product Overview
- Market Definition
- Scope of the Market
- Markets Covered
- Years Considered for Study
- Key Market Segmentations
- Research Methodology
- Executive Summary
- Covid-19 Impact on UAE Decorative Paints Market
- Voice of Customer
- Brand Awareness
- Key Factors for Selecting Vendor
- Key Satisfaction Level
- Key Challenges Faced
- UAE Decorative Paints Market Outlook
- Market Size & Forecast
- By Value
- Market Share & Forecast
- By Product Type (Water Based, Solvent Based)
- By Type of Paint (Emulsion, Enamel, Distemper, Primer, Textures, Others)
- By Application (Exterior, Interior)
- By Sales Channel (Offline, Online)
- By End User (Residential, Non-Residential)
- By Region (Dubai, Abu Dhabi, Sharjah, and Rest of UAE)
- By Company (2022)
- Market Map
- Market Size & Forecast
