Furniture Paint Market Report 2025

This Furniture Paint market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The furniture paint market size has grown strongly in recent years. It will grow from $10.2 billion in 2024 to $10.83 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to shifts in consumer preferences towards eco-friendly, changes in interior design and color trends, implementation of stricter environmental regulations and safety standards, expansion of furniture manufacturing and retailing across borders, and growth of the do-it-yourself culture.

The furniture paint market size is expected to see strong growth in the next few years. It will grow to $13.58 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to consumer preference for customization, rapid urbanization, increasing construction activities, a rise in renovation and remodeling projects, and the proliferation of e-commerce channels. Major trends in the forecast period include water-based paints, advancements in nanotechnology and smart coatings, eco-friendly formulations, trends in interior design and home decor, and technological innovations.

The expansion in the real estate industry is poised to propel the future growth of the furniture paint market. Real estate encompasses land, structures, natural resources, and associated ownership or usage rights. The surge in real estate projects is fueled by population growth, rapid urbanization, economic advancement, infrastructure investment, and evolving consumer preferences. Furniture paint plays a pivotal role in enhancing property aesthetics, elevating value, and attracting potential buyers by revitalizing interiors and modernizing decor. For example, data from the Northern Ireland Statistics and Research Agency in June 2023 indicated a 6.5% expansion in the overall construction industry from the first quarter of 2022 to the first quarter of 2023. Specifically, the housing sector saw an 11.1% increase, while the infrastructure subsector rose by 3.7%. Consequently, the growth in the real estate industry propels the advancement of the furniture paint market.

Key players in the furniture paint market are focusing on developing innovative products, such as spray paints, to gain a competitive edge. Spray paint involves the application of paint via an aerosol canister, ensuring even coverage and smooth finishes on various furniture surfaces. For instance, in April 2022, PPG Industries Inc., a US-based paint manufacturing company, introduced 'GLIDDEN MAX FLEX' spray paint, an innovative combination of spray paint and primer featuring a lacquer-based formula and distinct spray pattern. This groundbreaking product delivers high-coverage, ultra-durable coatings on diverse surfaces, enabling DIY enthusiasts to achieve flawless finishes with a quick five-minute dry time.

In August 2024, Nippon Paint Holdings Co., a Japan-based manufacturer of paint products, acquired DuluxGroup for $1.9 billion. Through this acquisition, Nippon Paint intends to broaden its portfolio by incorporating DuluxGroup's expertise in the furniture paint sector. DuluxGroup Ltd. is an Australia-based company specializing in furniture paints.

Major companies operating in the furniture paint market are Sherwin-Williams Company, PPG Industries Inc., Akzo Nobel N.V., Nippon Paint Holdings Co. Ltd., RPM International Inc., Axalta Coating Systems Ltd., Asian Paints Limited, The Valspar Corporation, Kansai Paint Co. Ltd., Hempel A/S, Jotun A/S, Tikkurila Oyj, Behr Process Corporation, Berger Paints India Limited, Benjamin Moore & Co., Rust-Oleum Corporation, Dunn-Edwards Corporation, Crown Paints Limited, Farrow & Ball Limited, DuluxGroup Limited, HMG Paints Ltd., Morrells Woodfinishes Limited, J.W. Ostendorf GmbH & Co. KG, Liberon Limited, Sikkens Corporation, General Finishes LLC, Fine Paints of Europe Inc.

Asia-Pacific was the largest region in the furniture paint market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the furniture paint market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the furniture paint market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Furniture paint is a specialized coating specifically crafted for application on furniture pieces. It is formulated to deliver a resilient and aesthetically pleasing finish capable of withstanding the daily wear and tear associated with regular use. Furniture paint often incorporates properties that render it suitable for diverse types of furniture materials, including wood, metal, and laminate surfaces.

The primary types of furniture paint include oil-based, water-based, and other formulations. Oil-based paint utilizes oil as its base, imparting a durable and glossy finish to furniture pieces. Various products within this category include acid-curing coatings, nitrocellulose coatings, and polyurethane coatings, catering to applications in residential, commercial, and industrial settings.

The furniture paint market research report is one of a series of new reports that provides furniture paint market statistics, including the furniture paint industry global market size, regional shares, competitors with furniture paint market share, detailed furniture paint market segments, market trends, and opportunities, and any further data you may need to thrive in the furniture paint industry. This furniture paint market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The furniture paint market consists of sales of chalk paint, oil-based paint, spray paint, latex, or acrylic paint. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.