Wood Coating Market: Growth Opportunities
The wood coating market is poised for substantial growth in the coming years. According to Stratview Research, the wood coating market is expected to grow from US$ 10.13 billion in 2022 to US$ 14.24 billion by 2028 at a healthy CAGR of 5.8% during the forecast period. This surge is attributed to increasing demand for protective and aesthetic coatings for wood surfaces. In terms of region, Asia-Pacific is estimated to be the largest as well as the fastest-growing market, driven by rapid urbanization and industrialization.