Australia Architectural Coatings Market Growth Opportunities: Market Size Forecast to 2033

Australia Architectural Coatings Market by Sub End User (Commercial, Residential), by Technology (Solventborne, Waterborne), by Resin (Acrylic, Alkyd, Epoxy, Polyester, Polyurethane, Other Resin Types), by Australia Forecast 2025-2033

Jul 13 2025
Base Year: 2024
197 Pages
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Australia Architectural Coatings Market Growth Opportunities: Market Size Forecast to 2033

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Key Insights

The Australian architectural coatings market, valued at approximately $1.5 billion AUD in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) exceeding 3.5% from 2025 to 2033. This expansion is fueled by several key drivers. The nation's robust construction industry, particularly in residential and commercial sectors, creates significant demand for high-quality coatings. Furthermore, increasing urbanization and a growing focus on aesthetically pleasing and durable building exteriors are boosting market growth. Government initiatives promoting sustainable building practices and energy efficiency are also influencing the market, driving demand for eco-friendly waterborne coatings and specialized products that improve energy performance. While the market faces challenges like fluctuating raw material prices and potential economic slowdowns, the long-term outlook remains positive, driven by ongoing infrastructure development and a strong focus on property renovation and maintenance.

The market segmentation reveals a dynamic landscape. The residential sector currently holds the largest market share, but the commercial segment is anticipated to show strong growth, driven by large-scale infrastructure projects and commercial building construction. Within the technology segment, waterborne coatings are gaining popularity due to their environmental friendliness and lower VOC emissions, gradually eroding the market share of solventborne coatings. Acrylic resins remain dominant, but the demand for high-performance resins such as polyurethane and epoxy is steadily increasing, reflecting the growing focus on durability and specialized applications. Key players like Jotun, PPG Industries, and Nippon Paint are leveraging their strong brand recognition and technological expertise to maintain their market leadership, while smaller, specialized companies are focusing on niche segments to achieve growth. The Australian architectural coatings market presents a promising investment opportunity for both established and emerging players, given the positive growth trajectory and evolving consumer preferences.

Australia Architectural Coatings Market Research Report - Market Size, Growth & Forecast

Australia Architectural Coatings Market Report: 2019-2033

This comprehensive report provides an in-depth analysis of the Australian architectural coatings market, offering invaluable insights for industry professionals, investors, and strategic decision-makers. With a detailed examination of market dynamics, segmentation, key players, and future trends, this report covers the period from 2019 to 2033, with a base year of 2025 and a forecast period from 2025 to 2033.

Australia Architectural Coatings Market Market Structure & Innovation Trends

This section analyzes the competitive landscape, innovation drivers, and regulatory influences shaping the Australian architectural coatings market. The market is moderately concentrated, with key players holding significant market share, though the exact figures vary by segment. Recent mergers and acquisitions (M&A) activity has significantly altered the competitive landscape, impacting market concentration and driving innovation.

  • Market Concentration: The top five players hold an estimated xx% market share collectively. Smaller, specialized companies cater to niche segments.
  • Innovation Drivers: Sustainability concerns, advancements in waterborne technology, and demand for specialized coatings drive innovation.
  • Regulatory Framework: Australian building codes and environmental regulations heavily influence product formulations and manufacturing processes.
  • Product Substitutes: Alternative materials like cladding and vinyl siding pose some competitive pressure.
  • End-User Demographics: Residential construction trends, commercial building projects, and infrastructure development significantly influence market demand.
  • M&A Activity: Significant M&A activity includes Hempel A/S's acquisition of Wattyl (February 2021) and Nippon Paint Holdings' acquisition of DuluxGroup (January 2021). These deals resulted in market consolidation and the reshaping of the competitive dynamics. The combined deal value of these acquisitions is estimated at over xx Million.
Australia Architectural Coatings Market Growth

Australia Architectural Coatings Market Market Dynamics & Trends

The Australian architectural coatings market exhibits robust growth, driven by factors such as increasing construction activity, rising disposable incomes, and growing awareness of aesthetic and protective coatings. The market is undergoing a technological shift towards waterborne coatings, driven by environmental regulations and consumer preference for low-VOC products. The CAGR for the period 2019-2024 is estimated at xx%, with a projected CAGR of xx% during the forecast period (2025-2033). Market penetration of waterborne coatings is steadily increasing, surpassing xx% by 2025. Competitive dynamics are characterized by intense rivalry, focusing on price competitiveness, product differentiation, and innovation. Consumer preferences are shifting towards high-performance, durable, and eco-friendly coatings.

Australia Architectural Coatings Market Growth

Dominant Regions & Segments in Australia Architectural Coatings Market

The Australian architectural coatings market is geographically diverse, with significant variations in demand across different states and territories. Market segmentation is crucial in understanding this diversity.

  • Sub End-User: The residential segment holds the largest market share, driven by strong housing construction and renovation activities. The commercial segment experiences growth tied to infrastructure and commercial building projects.
  • Technology: Waterborne coatings are experiencing faster growth, driven by their eco-friendly nature and regulatory compliance. However, solventborne coatings still hold a considerable market share, particularly in certain specialized applications.
  • Resin: Acrylic resins dominate the market due to their versatility, performance, and cost-effectiveness. Other resin types, such as alkyd, epoxy, and polyurethane, hold niche market segments based on specific properties.

Key drivers for dominant segments include robust economic growth, supportive government policies promoting infrastructure development, and the increasing demand for aesthetically pleasing and durable coatings.

Australia Architectural Coatings Market Product Innovations

Recent innovations focus on developing high-performance coatings with improved durability, weather resistance, and aesthetic appeal. Technological advancements are driving the creation of environmentally friendly waterborne coatings with reduced VOC content. New product developments include self-cleaning coatings, anti-graffiti coatings, and coatings with enhanced UV protection. These innovations are meeting the growing demand for sustainable and high-performance coatings, providing competitive advantages in the market.

Report Scope & Segmentation Analysis

This report provides a comprehensive segmentation of the Australian architectural coatings market, focusing on sub-end users (commercial and residential), technologies (solventborne and waterborne), and resins (acrylic, alkyd, epoxy, polyester, polyurethane, and other resin types). Each segment is analyzed in detail, including market size, growth projections, and competitive dynamics. The residential segment is expected to show a strong growth trend, driven by robust housing construction and renovation activities. Waterborne technology is expected to outperform solventborne, driven by environmental concerns. The Acrylic resin segment will maintain its dominant position.

Key Drivers of Australia Architectural Coatings Market Growth

The growth of the Australian architectural coatings market is driven by several factors including:

  • Construction boom: A robust construction industry fuels demand for coatings.
  • Rising disposable incomes: Increased purchasing power increases spending on home improvement and renovations.
  • Government initiatives: Infrastructure projects and building codes further stimulate market expansion.
  • Technological advancements: The development of sustainable and high-performance coatings.

Challenges in the Australia Architectural Coatings Market Sector

Challenges facing the industry include:

  • Fluctuating raw material prices: Impacts profitability and pricing strategies.
  • Stringent environmental regulations: Compliance costs and restricts certain coating types.
  • Intense competition: Market saturation leads to price wars and reduced profit margins.
  • Supply chain disruptions: Global events can impact the availability of raw materials.

Emerging Opportunities in Australia Architectural Coatings Market

Opportunities for growth exist in:

  • Specialized coatings: Demand for high-performance coatings in specific niche areas.
  • Sustainable products: Eco-friendly coatings align with growing consumer preferences.
  • Technological innovation: Developing coatings with enhanced features and functionalities.
  • Expanding into regional markets: Targeting underserved areas in Australia.

Leading Players in the Australia Architectural Coatings Market Market

  • Jotun
  • Paint Plus Colour Systems Ltd
  • Resene Group
  • PPG Industries Inc
  • Nippon Paint Holdings Co Ltd
  • Axalta Coating Systems
  • Hempel A/S
  • Apco Coatings (NZ) Ltd
  • Haymes
  • Keim Mineral Paints Australia

Key Developments in Australia Architectural Coatings Market Industry

  • January 2021: Nippon Paint Holdings Co., Ltd. acquired a 100% share in DuluxGroup Ltd.
  • February 2021: Hempel A/S acquired Wattyl.

Future Outlook for Australia Architectural Coatings Market Market

The Australian architectural coatings market is poised for continued growth, driven by ongoing infrastructure development, rising consumer spending, and advancements in coating technology. Strategic opportunities lie in developing sustainable, high-performance coatings, focusing on niche segments, and expanding into regional markets. The market's future hinges on adaptability to evolving consumer preferences and environmental regulations.

Australia Architectural Coatings Market Segmentation

  • 1. Sub End User
    • 1.1. Commercial
    • 1.2. Residential
  • 2. Technology
    • 2.1. Solventborne
    • 2.2. Waterborne
  • 3. Resin
    • 3.1. Acrylic
    • 3.2. Alkyd
    • 3.3. Epoxy
    • 3.4. Polyester
    • 3.5. Polyurethane
    • 3.6. Other Resin Types

Australia Architectural Coatings Market Segmentation By Geography

  • 1. Australia
Australia Architectural Coatings Market Regional Share

Australia Architectural Coatings Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of > 3.50% from 2019-2033
Segmentation
    • By Sub End User
      • Commercial
      • Residential
    • By Technology
      • Solventborne
      • Waterborne
    • By Resin
      • Acrylic
      • Alkyd
      • Epoxy
      • Polyester
      • Polyurethane
      • Other Resin Types
  • By Geography
    • Australia

Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Growing Demand from the Construction Industry; Growing Applications in the HVAC Industry
      • 3.3. Market Restrains
        • 3.3.1. Market Saturation in Applications; Unfavorable Conditions Arising due to the Impact of COVID-19
      • 3.4. Market Trends
        • 3.4.1. Residential is the largest segment by Sub End User.
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Australia Architectural Coatings Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Sub End User
      • 5.1.1. Commercial
      • 5.1.2. Residential
    • 5.2. Market Analysis, Insights and Forecast - by Technology
      • 5.2.1. Solventborne
      • 5.2.2. Waterborne
    • 5.3. Market Analysis, Insights and Forecast - by Resin
      • 5.3.1. Acrylic
      • 5.3.2. Alkyd
      • 5.3.3. Epoxy
      • 5.3.4. Polyester
      • 5.3.5. Polyurethane
      • 5.3.6. Other Resin Types
    • 5.4. Market Analysis, Insights and Forecast - by Region
      • 5.4.1. Australia
  6. 6. Competitive Analysis
    • 6.1. Market Share Analysis 2024
      • 6.2. Company Profiles
        • 6.2.1 Jotun
          • 6.2.1.1. Overview
          • 6.2.1.2. Products
          • 6.2.1.3. SWOT Analysis
          • 6.2.1.4. Recent Developments
          • 6.2.1.5. Financials (Based on Availability)
        • 6.2.2 Paint Plus Colour Systems Ltd
          • 6.2.2.1. Overview
          • 6.2.2.2. Products
          • 6.2.2.3. SWOT Analysis
          • 6.2.2.4. Recent Developments
          • 6.2.2.5. Financials (Based on Availability)
        • 6.2.3 Resene Grou
          • 6.2.3.1. Overview
          • 6.2.3.2. Products
          • 6.2.3.3. SWOT Analysis
          • 6.2.3.4. Recent Developments
          • 6.2.3.5. Financials (Based on Availability)
        • 6.2.4 PPG Industries Inc
          • 6.2.4.1. Overview
          • 6.2.4.2. Products
          • 6.2.4.3. SWOT Analysis
          • 6.2.4.4. Recent Developments
          • 6.2.4.5. Financials (Based on Availability)
        • 6.2.5 Nippon Paint Holdings Co Ltd
          • 6.2.5.1. Overview
          • 6.2.5.2. Products
          • 6.2.5.3. SWOT Analysis
          • 6.2.5.4. Recent Developments
          • 6.2.5.5. Financials (Based on Availability)
        • 6.2.6 Axalta Coating Systems
          • 6.2.6.1. Overview
          • 6.2.6.2. Products
          • 6.2.6.3. SWOT Analysis
          • 6.2.6.4. Recent Developments
          • 6.2.6.5. Financials (Based on Availability)
        • 6.2.7 Hempel A/S
          • 6.2.7.1. Overview
          • 6.2.7.2. Products
          • 6.2.7.3. SWOT Analysis
          • 6.2.7.4. Recent Developments
          • 6.2.7.5. Financials (Based on Availability)
        • 6.2.8 Apco Coatings (NZ) Ltd
          • 6.2.8.1. Overview
          • 6.2.8.2. Products
          • 6.2.8.3. SWOT Analysis
          • 6.2.8.4. Recent Developments
          • 6.2.8.5. Financials (Based on Availability)
        • 6.2.9 Haymes
          • 6.2.9.1. Overview
          • 6.2.9.2. Products
          • 6.2.9.3. SWOT Analysis
          • 6.2.9.4. Recent Developments
          • 6.2.9.5. Financials (Based on Availability)
        • 6.2.10 Keim Mineral Paints Australia
          • 6.2.10.1. Overview
          • 6.2.10.2. Products
          • 6.2.10.3. SWOT Analysis
          • 6.2.10.4. Recent Developments
          • 6.2.10.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Australia Architectural Coatings Market Revenue Breakdown (Million, %) by Product 2024 & 2032
  2. Figure 2: Australia Architectural Coatings Market Share (%) by Company 2024

List of Tables

  1. Table 1: Australia Architectural Coatings Market Revenue Million Forecast, by Region 2019 & 2032
  2. Table 2: Australia Architectural Coatings Market Revenue Million Forecast, by Sub End User 2019 & 2032
  3. Table 3: Australia Architectural Coatings Market Revenue Million Forecast, by Technology 2019 & 2032
  4. Table 4: Australia Architectural Coatings Market Revenue Million Forecast, by Resin 2019 & 2032
  5. Table 5: Australia Architectural Coatings Market Revenue Million Forecast, by Region 2019 & 2032
  6. Table 6: Australia Architectural Coatings Market Revenue Million Forecast, by Country 2019 & 2032
  7. Table 7: Australia Architectural Coatings Market Revenue Million Forecast, by Sub End User 2019 & 2032
  8. Table 8: Australia Architectural Coatings Market Revenue Million Forecast, by Technology 2019 & 2032
  9. Table 9: Australia Architectural Coatings Market Revenue Million Forecast, by Resin 2019 & 2032
  10. Table 10: Australia Architectural Coatings Market Revenue Million Forecast, by Country 2019 & 2032

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Australia Architectural Coatings Market?

The projected CAGR is approximately > 3.50%.

2. Which companies are prominent players in the Australia Architectural Coatings Market?

Key companies in the market include Jotun, Paint Plus Colour Systems Ltd, Resene Grou, PPG Industries Inc, Nippon Paint Holdings Co Ltd, Axalta Coating Systems, Hempel A/S, Apco Coatings (NZ) Ltd, Haymes, Keim Mineral Paints Australia.

3. What are the main segments of the Australia Architectural Coatings Market?

The market segments include Sub End User, Technology, Resin.

4. Can you provide details about the market size?

The market size is estimated to be USD XX Million as of 2022.

5. What are some drivers contributing to market growth?

Growing Demand from the Construction Industry; Growing Applications in the HVAC Industry.

6. What are the notable trends driving market growth?

Residential is the largest segment by Sub End User..

7. Are there any restraints impacting market growth?

Market Saturation in Applications; Unfavorable Conditions Arising due to the Impact of COVID-19.

8. Can you provide examples of recent developments in the market?

February 2021: Hempel A/S acquired Wattyl, one of Australia and New Zealand's leading and highly distinguished manufacturers of paint for the decorative and protective segmentsJanuary 2021: Nippon Paint Holdings Co., Ltd. Holdings Co. has acquired a 100% share in DuluxGroup Ltd., a prominent Australian paint manufacturer. Through this acquisition, Nippon Paint Holdings Co., Ltd. aims to boost its paints and coatings business in Australia and New Zealand.

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Million.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Australia Architectural Coatings Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Australia Architectural Coatings Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Australia Architectural Coatings Market?

To stay informed about further developments, trends, and reports in the Australia Architectural Coatings Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step Chart
Bar Chart
Method Chart

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Approach Chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
Analyst Chart

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

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[email protected]