Paint Manufacturing in China Industry Data and Analysis

Revenue for the Paint Manufacturing industry in China is expected to decline at a CAGR of 5.1% over the five years through 2026, due to the shrinking demand from downstream industries. Industry revenue has deceased for a few years due to the repeated COVID-19 epidemic and the intensified price competition. In 2026, industry revenue is set to recover and grow by 2.5% to reach $55.5 billion. The output of paint and coatings in China will also decrease at a CAGR of 2.2% in the same period, to 34.1 million tons in 2026.