Market Reports

Created for forward-thinking professionals, this report equips teams with the insights needed to compete effectively in the automotive refinish space. How Fast Is The Automotive Refinish Market Growing Towards 2025? The automotive refinish market size has grown strongly in recent years. It will grow from $12.39 billion in 2024 to $13.11 billion in 2025 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to increasing vehicle ownership, the average age of vehicles increases, expansion of automotive manufacturing, globalization of industries, and stricter environmental regulations. The automotive refinish market size is expected to see strong growth in the next few years. It will grow to $16.53 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to higher accident rates, the rise of OEM (Original Equipment Manufacturer) standards, the rise of do-it-yourself (DIY) culture, st...