|
Forecast Period
|
2026-2030
|
|
Market Size (2024)
|
USD 18.17 Billion
|
|
Market Size (2030)
|
USD 24.94 Billion
|
|
CAGR (2025-2030)
|
5.26%
|
|
Fastest Growing Segment
|
Solvent based
|
|
Largest Market
|
Saudi Arabia
|
Market Overview
The GCC Decorative
Paints Market was valued at USD 18.17
Billion in 2024 and is expected to reach USD 24.94 Billion by 2030 with a CAGR
of 5.26% during the forecast period.
The GCC
Decorative Paints Market is witnessing robust growth driven by large-scale
construction activities, rapid urbanization, and increasing investments in real
estate development across the region. Countries such as Saudi Arabia, the
United Arab Emirates, and Qatar are at the forefront of this expansion,
supported by national transformation plans like Saudi Vision 2030 and the UAE’s
Centennial Plan 2071. These initiatives emphasize urban infrastructure
development, residential and commercial housing, tourism, and hospitality
projects—each contributing significantly to the rising demand for decorative
paints. Decorative paints, which include interior and exterior wall coatings,
wood finishes, enamels, and emulsions, are primarily used in residential buildings,
office spaces, malls, and hotels to enhance aesthetics and protect surfaces.
With GCC governments launching affordable housing schemes and encouraging
public-private partnerships for real estate development, the residential
segment continues to drive substantial consumption of decorative coatings.
In addition,
increasing consumer preference for premium quality, customizable colors, and
eco-friendly products has pushed paint manufacturers to innovate. The shift
toward low-VOC and water-based paints reflects the region's growing awareness
of environmental sustainability and indoor air quality. The UAE and Saudi
Arabia are especially adopting green building certifications such as LEED and
Estidama, compelling contractors and developers to select environmentally
compliant decorative coatings. Moreover, aesthetic appeal is becoming a
critical factor in building design, further propelling demand for texture
paints, special-effect finishes, and designer coatings.
Technological
advancements have also positively impacted the market. Automated tinting
machines, digital color-matching tools, and smart coatings with anti-microbial
or self-cleaning properties are being introduced to meet evolving customer
expectations. Retail channel expansion, e-commerce platforms, and increased
awareness of DIY (Do-It-Yourself) solutions are also making decorative paints
more accessible to individual consumers.
Key Market Drivers
Booming Urbanization and
Real Estate Development
The rapid urbanization
across the GCC region is a key growth driver for the decorative paints market.
With urban populations in countries like Saudi Arabia, UAE, and Qatar growing
steadily, governments are channeling substantial investments into residential,
commercial, and public infrastructure. For instance, over 70% of the GCC
population is now urbanized, and this is expected to exceed 80% by the next
decade.
Large-scale urban projects
such as Saudi Arabia’s NEOM, UAE’s Mohammed Bin Rashid City, and Qatar’s Lusail
City have created strong demand for interior and exterior decorative coatings. In
Saudi Arabia alone, more than 555,000 new housing units are under development
as part of the Vision 2030 plan. This uptick in housing, hospitality, and
commercial complexes directly supports the demand for decorative
paints—especially in categories like wall finishes, protective coatings, and
texture designs.
Additionally, as the region
moves towards mixed-use developments and green cities, builders are
increasingly relying on aesthetic and durable paint solutions that align with
sustainability and design standards. Decorative paint providers are benefiting
from this transition, offering premium products suited for modern architecture
and climatic durability.
Preference for Sustainable
and Low-VOC Products
Sustainability has become a
central theme in the GCC construction and decorative paints sectors. With
stricter environmental regulations and increasing awareness of indoor air
quality, both government bodies and consumers are pushing for eco-friendly paint
solutions. Low-VOC (volatile organic compounds) and water-based paints are
gaining significant traction due to their non-toxic and environmentally
responsible composition.
In the UAE, it is estimated
that more than 65% of new construction projects in 2024 specified water-based
or low-VOC paints. Similarly, over 50% of decorative paint purchases by
institutional clients (e.g., schools, hospitals) now demand certification for
environmental compliance.
Green building standards
like LEED and Estidama are widely applied across commercial and residential
projects, further propelling the demand for eco-friendly decorative coatings.
Paint manufacturers in the GCC have responded by expanding product lines that
meet ISO 14001 and other global environmental benchmarks.
This emphasis on
sustainability has also opened the market to innovative coatings with
energy-efficient and air-purifying features, especially relevant in the harsh
desert climates. With local and global manufacturers competing to supply
greener alternatives, the shift toward sustainable paints has become a core
market driver.
Rise in Disposable Income
and Premium Paint Demand
Rising disposable income
and evolving consumer preferences are reshaping the decorative paints landscape
in the GCC. A growing middle and upper-middle-class population is fueling
demand for high-end, aesthetically appealing interior and exterior finishes. In
countries like UAE and Qatar, the average per capita income exceeds USD 40,000,
enabling consumers to invest in premium lifestyle products—including designer
paint solutions.
An estimated 40% of
decorative paint customers in the GCC now prefer specialty finishes such as
metallics, silk touch, marble textures, and washable mattes. These finishes
offer a combination of luxury, longevity, and ease of maintenance—factors
valued by both individual homeowners and developers of luxury villas, hotels,
and malls.
Additionally, the
increasing popularity of interior design and renovation trends through social
media and home improvement shows is encouraging personalized choices. Consumers
are more willing to spend on color consultation, themed paints, and branded offerings
from international players.
This consumer behavior is
driving innovation among manufacturers, who are expanding their luxury ranges
with anti-fungal, odorless, and heat-reflective coatings. The market is thus
shifting from basic functionality to aesthetic performance, creating ample
opportunities in the premium segment.
Government Initiatives
Supporting the Housing Sector
Government-driven housing
initiatives are a major demand booster for the decorative paints market in the
GCC. Countries like Saudi Arabia and the UAE have launched national housing
programs aimed at increasing home ownership and reducing housing deficits. The
Saudi government, for example, plans to raise homeownership to 70% by 2030
under the Sakani initiative.
Over 300,000 housing units
have been delivered under Saudi Arabia's housing scheme since its inception. This surge in residential
construction is significantly raising the need for decorative coatings in
interior walls, ceilings, façades, and furnishings. Public-private partnerships
(PPPs) in the housing sector also promote faster project execution, further
accelerating paint demand.
In parallel, large-scale
public housing and social housing programs in Bahrain, Oman, and Kuwait are
stimulating construction activities and widening the addressable market for
affordable and mid-range decorative paints. Governments are also enforcing quality
and sustainability standards in public housing, indirectly encouraging the
adoption of modern, durable, and non-toxic paints.
The spillover effect of
these policies is evident in the form of increased demand from ancillary
sectors like paint contractors, interior decorators, and suppliers of
architectural finishes. The long-term pipeline of government-backed projects
ensures a steady foundation for decorative paint consumption across both urban
and rural parts of the GCC.
Growth in Retail and Online
Distribution Channels
The expanding retail and
e-commerce infrastructure across the GCC is creating easier access to
decorative paint products, thereby fueling market growth. Traditional hardware
and specialty stores are now complemented by branded showrooms, color studios,
and digital platforms. In 2023, approximately 35% of decorative paint sales
in the UAE were made through organized retail outlets, including paint
boutiques and lifestyle stores.
E-commerce is also playing
a pivotal role. Online paint sales in the region grew by over 20% year-on-year,
driven by digital transformation and enhanced logistics capabilities. Consumers
are now able to browse catalogs, order samples, visualize room colors via AR
tools, and receive doorstep delivery—all of which streamline the buying
experience.
This omni-channel approach
has increased product visibility and helped both local and international brands
reach a wider audience, including DIY customers and small contractors. Major
players are leveraging their websites and third-party platforms to offer
virtual consultations, bulk discounts, and eco-friendly selections.
This evolution in
distribution aligns well with the GCC's young, tech-savvy population and their
growing preference for convenient, personalized shopping experiences. As more
players invest in omnichannel sales strategies, this trend will continue to drive
decorative paint consumption across all income groups.

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Key Market Challenges
Fluctuating Raw Material
Prices and Supply Chain Disruptions
The GCC decorative paints
market is significantly impacted by the volatility in raw material prices,
particularly for titanium dioxide, solvents, binders, and additives. As these
materials are mostly imported from Asia and Europe, fluctuations in international
prices directly affect local manufacturers' cost structures. For instance,
during geopolitical tensions or shipping disruptions, average raw material
costs can spike by 15–25%, leading to reduced profit margins.
In addition to price
fluctuations, supply chain disruptions remain a pressing challenge. Events such
as the COVID-19 pandemic, Suez Canal blockages, and ongoing Red Sea trade route
risks have exposed the market's overdependence on external suppliers. This has
caused delays in project completions and increased reliance on expensive local
inventories.
Furthermore, the GCC
countries lack sufficient local raw material processing capacity for
specialized chemical inputs, limiting their ability to stabilize prices
domestically. Manufacturers are forced to either absorb the cost volatility or
pass it on to end-users, making pricing strategies unstable and reducing
competitiveness.
The unpredictability in
global logistics—coupled with increased freight charges and extended lead
times—also affects project planning in sectors like construction and real
estate, which are key consumers of decorative paints. Overall, managing input
costs and logistics under uncertain conditions remains a structural challenge
for the entire decorative coatings ecosystem in the GCC.
Intense Market Competition
and Price Sensitivity
The GCC decorative paints
market is highly competitive, with a large number of regional and international
brands vying for market share. Major players such as Jotun, National Paints,
Hempel, and Asian Paints, along with numerous smaller and mid-sized manufacturers,
create pricing pressure across all product categories. This intense competition
often leads to aggressive discounting, reducing margins for manufacturers and
distributors alike.
In the mid-to-low price
segment, especially in markets like Saudi Arabia and Bahrain, buyers are
particularly cost-conscious. Contractors and bulk buyers often prioritize price
over quality or brand loyalty, compelling manufacturers to undercut prices to
secure volume-based contracts. In many tenders, the lowest bidder wins, even if
it means compromising on technical performance or durability.
The problem is compounded
by the influx of cheaper imports from Southeast Asia, which appeal to
cost-sensitive segments despite concerns over product consistency and
environmental standards. These imports have captured a growing share of the
small projects and DIY segments.
Additionally, the lack of
strong intellectual property enforcement in certain GCC countries allows for
imitation products and counterfeit goods, further distorting market prices and
quality perceptions. To stay competitive, many local manufacturers have to
engage in costly brand differentiation, marketing campaigns, and extensive
dealer networks—driving up operational costs without guaranteed returns.
Regulatory Hurdles and
Compliance Costs
The evolving regulatory
landscape in the GCC, particularly regarding health, safety, and environmental
standards, poses a significant challenge to decorative paint manufacturers.
Countries like the UAE and Saudi Arabia are adopting stricter controls on volatile
organic compound (VOC) emissions, product labeling, and chemical usage—aligning
with international environmental norms.
While such regulations are
necessary for consumer and environmental safety, they also bring about
compliance burdens, especially for small and medium enterprises (SMEs).
Reformulating paint products to meet low-VOC requirements, acquiring
certifications like ISO 14001, and investing in eco-friendly production lines
can require capital investments exceeding 10–15% of a company’s annual
operating budget.
Moreover, the process of
gaining approvals from authorities like SASO (Saudi Standards, Metrology and
Quality Organization) or ESMA (Emirates Authority for Standardization and
Metrology) can be time-consuming and complex. Delays in certification or failure
to meet new regulations can lead to products being pulled from shelves or
facing import restrictions, severely impacting revenue.
There is also inconsistency
in regulatory enforcement across GCC countries. A product compliant in one
country may not meet standards in another, complicating regional expansion
plans for manufacturers. This necessitates multiple formulations, labeling systems,
and approval processes for what may otherwise be identical products.
The growing preference for
green building certifications such as LEED, Estidama, and GSAS further adds to
the compliance load. Decorative paints used in certified projects must meet
specific environmental criteria, limiting the types of formulations that can be
used and increasing R&D expenditures.
Dependence on Cyclical
Construction Sector
The decorative paints
market in the GCC is closely tied to the construction and real estate sectors,
making it vulnerable to economic and project cycles. When construction activity
slows down—due to oil price volatility, fiscal tightening, or geopolitical
tensions—demand for decorative coatings declines sharply.
For example, delays or
cancellations in residential and commercial projects during economic downturns
can lead to paint order deferments, warehouse backlogs, and financial strain on
distributors. In 2020 and again in parts of 2023, several real estate projects
in the region experienced funding issues, which translated into a 20–30% drop
in paint consumption during those periods.
The challenge is
exacerbated by the heavy reliance on government-funded mega-projects. While
these projects offer massive opportunities during growth phases, they are
susceptible to budget reallocations during fiscal consolidation. This can stall
progress and affect paint manufacturers’ cash flows and production planning.
Moreover, private sector
construction is still maturing in many parts of the GCC. In markets like Oman
and Kuwait, smaller-scale developers may lack consistent funding, which
increases payment delays to paint suppliers and contractors. Such cash flow constraints
disrupt business operations and increase financial risk exposure.
The absence of a strong
renovation culture in parts of the GCC further limits demand during
construction slumps. Unlike Western countries, where repainting cycles every
3–5 years drive continuous demand, repainting in the GCC often happens only
during major overhauls or resale transactions.
Thus, the cyclical and
state-dependent nature of construction directly impacts the stability and
long-term planning ability of decorative paint businesses.
Talent Shortage and
Application Quality Concerns
While the GCC decorative
paints market benefits from high construction activity, it faces a persistent
shortage of skilled labor for paint application and related services. Much of
the region’s construction and renovation workforce is made up of expatriates,
many of whom lack specialized training in decorative paint techniques,
especially for premium textures and coatings.
This talent gap affects
both product performance and customer satisfaction. Improper surface
preparation, uneven application, and incorrect mixing ratios often result in
product wastage and rework, increasing costs for both contractors and paint
suppliers. An estimated 30% of decorative paint failures in the region can be
attributed to poor application practices rather than product quality.
Additionally, the lack of
standardized training and certification programs for painters creates
inconsistency in results. In upscale residential and commercial projects, this
inconsistency can severely affect brand image and lead to complaints or contractual
disputes.
The labor shortage is
further complicated by high worker turnover and immigration policy changes,
particularly in the UAE and Saudi Arabia. As governments implement
nationalization policies (e.g., Saudization), companies are increasingly
required to hire and train local talent—adding to operating costs and time.
Moreover, automation in
decorative paint application is limited due to the custom and detailed nature
of most finishes, meaning skilled human labor remains essential. Yet, few
incentives exist for upskilling or career development in the paint application
field.
This talent shortage
creates a bottleneck for market growth, especially in the premium and
texture-heavy segments where skilled application is critical to delivering
value. Until this gap is addressed, decorative paint manufacturers will
continue to face challenges in ensuring product quality is consistently
reflected in end-user results.
Key Market Trends
Growth of the Premium and
Textured Paints Segment
The GCC decorative paints
market is witnessing a steady increase in demand for premium finishes and
textured coatings, driven by rising disposable incomes, luxury real estate
developments, and consumer preferences for aesthetic interiors. This trend is
most pronounced in high-end residential and commercial projects in cities like
Dubai, Riyadh, Doha, and Manama.
Texture paints such as marble,
metallic, concrete, sandstone, and suede finishes are gaining popularity for
their visual appeal and tactile experience. These paints not only enhance
aesthetics but also offer better surface coverage, durability, and resistance
to wear and tear—especially in hot, arid climates.
Premium decorative paints
are also being increasingly used in hotels, malls, and corporate interiors,
where design elements play a crucial role in brand positioning. With the GCC
real estate sector shifting focus from quantity to quality, architects and designers
are opting for customizable and luxurious paint options to differentiate their
offerings.
International players like
Benjamin Moore and Sherwin-Williams are capitalizing on this trend by expanding
their high-end product portfolios and experience centers in the region. Local
manufacturers, too, are launching new luxury lines and collaborating with
design studios to offer tailored solutions.
Furthermore, the influence
of Western and European interior design trends, bolstered by social media
platforms like Instagram and Pinterest, has made end consumers more aware of
finish quality, color psychology, and décor matching.
The ongoing boom in
interior fit-out projects—fueled by hospitality, retail, and healthcare
infrastructure growth—is expected to sustain demand for premium and textured
decorative paints. This trend is transforming paint from a basic construction
material into a lifestyle product, unlocking new growth avenues for paint
manufacturers in the GCC.
Digitization and Smart
Color Tools Enhancing Consumer Engagement
Digitization is reshaping
the decorative paints market in the GCC, with manufacturers increasingly
leveraging technology to enhance customer engagement and streamline the buying
journey. One of the most impactful innovations has been the introduction of smart
color selection tools, AR/VR applications, and mobile apps that help customers
visualize paint options in real-time.
Consumers in the region are
becoming more digitally savvy and design-conscious. As a result, companies like
Jotun and Asian Paints have launched mobile applications with AI-based
color-matching features and virtual room simulations. These tools allow homeowners,
architects, and contractors to preview combinations of colors, textures, and
lighting effects before making a purchase decision—reducing buyer hesitation
and post-purchase dissatisfaction.
Additionally, digital color
libraries, QR-coded shade cards, and interactive kiosks in retail stores have
improved customer experience, especially in urban markets. Retailers are also
enhancing online-to-offline integration by enabling online purchases with
in-store pickup or home delivery.
B2B engagement is also
benefiting from digitalization. Paint manufacturers now offer online dashboards
for dealers and contractors to manage inventory, track deliveries, and access
technical data sheets—all in real-time.
Moreover, e-commerce
platforms dedicated to construction and interior supplies are gaining traction
in markets like the UAE and Qatar, particularly among younger homebuyers and
DIY consumers. This has opened up new sales channels for decorative paints beyond
traditional retail.
As digitization continues
to deepen, manufacturers are investing in data analytics to track color trends,
customer preferences, and seasonal buying patterns. These insights allow for
more precise product launches and targeted marketing campaigns.
In short, digital
transformation is not just enhancing the buying experience—it is becoming a
strategic differentiator in the highly competitive GCC decorative paints
market.
Expanding DIY Culture and
Retail Paint Segment
Traditionally reliant on
contractors and professional applicators, the GCC decorative paints market is
now seeing an emerging trend toward Do-It-Yourself (DIY) painting, especially
in the UAE and Kuwait. This shift is fueled by greater consumer awareness,
growing retail penetration, and the desire for personalized home improvement
solutions.
Factors such as affordable
homeownership programs, increased social media exposure, and a younger, more
design-conscious population have accelerated this trend. Paint brands have
responded by offering smaller pack sizes, user-friendly product formulations,
and detailed tutorials through digital platforms and in-store workshops.
Retailers such as ACE
Hardware, Danube Home, and Carrefour now stock a wide range of decorative paint
brands, including brushes, rollers, and masking tools—making it easier for
consumers to purchase and apply paints without professional help. At the same
time, e-commerce growth is providing access to DIY-focused paint products and
accessories, with home delivery and online guidance becoming commonplace.
Manufacturers are
developing low-odor, quick-drying, and washable paints, tailored for amateur
use in apartments and villas. In particular, interior wall paints, accent
walls, and furniture coatings are witnessing increased DIY adoption. Ready-mix
color cans and peel-and-stick color samples are further simplifying the process
for non-professionals.
The DIY trend also aligns
with cost-saving motives, especially in a price-sensitive post-pandemic
environment. Consumers are seeking budget-friendly ways to refresh living
spaces without hiring professionals.
While the DIY culture is
still in its early stages compared to Western markets, it holds considerable
growth potential. Paint companies are capitalizing on this trend by
strengthening their retail partnerships, expanding their color experience zones,
and launching DIY-friendly product lines to tap into this evolving consumer
behavior.
Rising Influence of
Urbanization and Housing Demand
Rapid urbanization across
GCC countries—particularly in Saudi Arabia, UAE, and Qatar—is a key
trend fueling the growth of the decorative paints market. With governments
pushing economic diversification agendas like Saudi Vision 2030 and the UAE’s
National Housing Policy, there is a strong focus on residential development,
urban renewal, and smart city infrastructure.
New housing projects,
township developments, and affordable housing schemes have accelerated
construction activity in both metropolitan and suburban areas. For example, the
Saudi government is targeting 70% home ownership by 2030, driving the
development of tens of thousands of residential units annually. Decorative
paints are integral to both exterior and interior finishes of these projects,
ensuring steady demand.
Moreover, urban population
growth is leading to the modernization of older buildings and communities. The
repainting and refurbishment market is expanding as municipalities encourage
the beautification of public spaces, schools, mosques, and commercial
buildings. Developers and homeowners are increasingly focused on aesthetics and
lifestyle appeal—leading to higher consumption of decorative coatings in unique
color combinations and textured finishes.
Real estate developers are
also investing in smart and sustainable city plans, where high-quality,
long-lasting, and eco-friendly paint solutions are preferred. These projects
demand paints that offer not only aesthetics but also durability against UV
exposure, dust, and humidity, making the decorative segment both a functional
and design-oriented product category.
In addition, population
growth and migration to urban hubs like Riyadh, Dubai, and Doha are expanding
the market base for decorative paints in both new and rental properties. This
long-term urbanization trend ensures that the decorative paints market in the
GCC will continue evolving in line with demographic, lifestyle, and
infrastructural changes.
Segmental Insights
Product Type Insights
Water based segment dominated in the GCC Decorative Paints market in
2024 due
to a combination of environmental, regulatory, and performance-related factors.
Governments across the GCC particularly the UAE, Saudi Arabia, and Qatar—have
increasingly enforced low-VOC (Volatile Organic Compound) regulations in line
with global sustainability practices. As a result, water-based paints, which
emit significantly fewer harmful chemicals than solvent-based counterparts, are
gaining widespread acceptance across residential, commercial, and institutional
applications.
Water-based
decorative paints are also well-suited to indoor applications, which form a
large share of the market. These products offer advantages such as low odor,
fast drying time, and easier cleanup with water, making them ideal for homes,
offices, hotels, and schools. Additionally, rising health consciousness among
consumers and growing awareness about indoor air quality are further
influencing the shift toward water-based formulations.
The rapid pace
of urban development and housing projects under initiatives like Saudi Vision
2030 and the UAE’s National Housing Strategy is also playing a role. Developers
and contractors increasingly prefer water-based decorative paints due to their compliance
with green building standards like Estidama, LEED, and GSAS. Many
government-funded projects now require the use of environmentally safe
materials, placing water-based paints in a strong position.
Furthermore, the
performance of water-based paints has significantly improved, with enhanced durability,
washability, and color retention—all essential characteristics in the GCC’s hot
and dusty climate. Manufacturers have responded by expanding their product
lines and offering more color and texture options to meet modern aesthetic
demands.
Retailers and
paint companies are actively promoting water-based paints as a healthier and
more sustainable choice, supported by in-store education, advertising, and
sample campaigns. As a result, both professional painters and DIY consumers are
increasingly choosing water-based decorative paints, consolidating their
dominance in the GCC market in 2024.
Type of Paint Insights
Emulsion segment dominated the GCC Decorative Paints market in 2024 due to its
superior properties such as low odor, quick drying, durability, and ease of
application. Emulsion paints are particularly suited for interior and exterior
walls in residential and commercial buildings, aligning with the region’s
booming construction sector. Their water-based formulation also complies with
growing environmental regulations across GCC countries promoting low-VOC
products. Additionally, emulsions offer excellent color retention and
resistance to humidity and alkali, making them ideal for the Gulf’s climate.
The segment’s versatility and growing demand for aesthetically pleasing,
sustainable finishes further fueled its market dominance.

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Country Insights
Largest Country
Saudi Arabia dominated the GCC Decorative Paints
market in 2024 due to its unparalleled scale of construction, urbanization, and real
estate development. Driven by Vision 2030, the country is aggressively
investing in mega-projects such as NEOM, The Line, Qiddiya, and the Red Sea
Project, all of which demand massive volumes of decorative paints for
residential, commercial, hospitality, and institutional infrastructure. The
country’s leadership in population size—accounting for more than 60% of the
GCC’s total population—also supports the surge in housing and renovation
activities, further bolstering demand for decorative coatings.
The real estate
and housing sectors in Saudi Arabia are expanding rapidly, with the government
aiming to increase homeownership to 70% by 2030. Initiatives such as the Sakani
housing program and large-scale public-private partnerships are encouraging
mass construction of villas and apartment complexes, all requiring high-quality
decorative paints. These include interior and exterior wall finishes,
waterproof coatings, and decorative textures.
Furthermore,
Saudi Arabia’s regulations around green buildings and low-VOC compliance are
pushing both local and international paint manufacturers to focus on
environmentally friendly products, especially water-based emulsions and
low-odor options. As consumers and contractors become more aware of health and
sustainability, demand for such decorative products is growing.
Local
manufacturers such as Jazeera Paints, Al-Jazeera Factory for Paints, and Sipco
are highly active, offering competitive pricing, wide distribution, and locally
tailored product lines, strengthening the domestic supply chain. Foreign brands
are also entering the Saudi market via joint ventures, further stimulating
product innovation and variety.
In addition, government-led
tourism, hospitality, and commercial developments are increasing demand for
aesthetic, durable, and modern paint solutions across hotels, resorts, and
public spaces. These combined forces—robust economic diversification,
construction momentum, and evolving consumer expectations—firmly position Saudi
Arabia as the dominant force in the GCC Decorative Paints market in 2024.
Emerging Country
Qatar was the emerging country in the GCC Decorative
Paints market in the coming period due to its continued investment in infrastructure, real
estate, and tourism development post-FIFA World Cup 2022. Projects like Lusail
City, the North Field gas expansion, and hospitality-driven urban planning are
fueling demand for high-quality decorative coatings. The government’s focus on
sustainable building practices and green certifications is encouraging the use
of low-VOC, water-based paints. Additionally, increasing residential housing
projects and renovation activities, supported by rising population and urban
migration, are further boosting demand. Qatar’s strategic vision and ongoing
development make it a fast-growing market in the decorative paints segment.
Recent Developments
- In March 2025, Saudi
Industrial Paint Company (SIPCO), a subsidiary of Kaizen Paint Middle East
(KPME), acquired full ownership of Premium Paints Company (PPC), a Saudi
coatings manufacturer. PPC was previously a joint venture between Red Sea
Building Materials & Equipment Trading Co. and Sherwin-Williams Company.
The acquisition aligns with Saudi Arabia’s Vision 2030, as the Kingdom
accelerates infrastructure and urban development initiatives, driving strong
demand in the construction and coatings sectors.
- In February 2025, Jazeera
Paints, a market leader in paints and construction solutions across KSA and
MENA, signed a strategic cooperation agreement with NHC, the region’s largest
real estate developer, during the Real Estate Future Forum 2025 in Riyadh. The
partnership focuses on delivering sustainable, high-quality paints and
supporting innovation in real estate development. Both entities aim to advance
construction efficiency and environmental performance across residential and
commercial projects in alignment with Saudi Vision 2030.
- Also in January 2025, Red
Sea for Building Materials and Equipment Trading Co., a Red Sea International
Co. subsidiary, agreed to sell its full 81% stake 8,100 shares in Premier Paint
Company to Saudi Industrial Paint Co. (SIPCO) at an initial value of SAR 1,730
per share, totaling approximately SAR 14.01 million (USD 3.74 million). The
final consideration will be calculated based on provisions in the share sale
and purchase agreement involving both Red Sea’s subsidiary and Sherwin-Williams
Cayman Islands Ltd.
- In February 2024, PPG
Industries announced that Sigma Paints Saudi Arabia (SPSA), its joint venture,
received the Gold Sponsorship and Speaker Appreciation Awards at the Middle
East Metallurgy Corrosion & Coatings Expo (MECOC) in Abu Dhabi. The recognition
highlights SPSA’s contribution to innovation and sustainability in the coatings
industry and its active support of the event. The MECOC committee acknowledged
the company’s leadership role in driving technical advancement in the region’s
industrial coatings sector.
Key
Market Players
- Akzo Nobel NV
- Jazeera
Factory for Paints
- BASF SE
- Berger
Paints Emirates Ltd
- Jotun
U.A.E. Ltd. (L.L.C.)
- Ritver
Paints Manufacturing L.L.C
- National
Paints Factories Co. Ltd
- Hempel
A/S
- Wacker
Chemie AG
- Terraco
UAE Ltd
|
By Product Type
|
By Type of Paint
|
By Application
|
By Sales Channel
|
By End User
|
By Country
|
|
|
- Emulsion
- Enamel
- Distemper
- Primer
- Textures
- Others
|
|
|
- Residential
- Non-Residential
|
- Saudi Arabia
- United Arab
Emirates
- Qatar
- Kuwait
- Bahrain
- Oman
|
Report Scope:
In this report, the GCC Decorative Paints Market
has been segmented into the following categories, in addition to the industry
trends which have also been detailed below:
- GCC Decorative Paints Market, By
Product Type:
o Water Based
o Solvent Based
- GCC Decorative Paints Market, By
Type of Paint:
o Emulsion
o Enamel
o Distemper
o Primer
o Textures
o Others
- GCC Decorative Paints Market, By
Application:
o Exterior
o Interior
- GCC Decorative Paints Market, By
Sales Channel:
o Offline
o Online
- GCC Decorative Paints Market, By
End User:
o Residential
o Non-Residential
- GCC Decorative Paints
Market, By Country:
o Saudi Arabia
o United Arab Emirates
o Qatar
o Kuwait
o Bahrain
o Oman
Competitive Landscape
Company Profiles: Detailed analysis of the major companies
present in the GCC Decorative Paints Market.
Available Customizations:
GCC Decorative Paints Market report with the
given market data, TechSci Research offers customizations according to a
company's specific needs. The following customization options are available for
the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
GCC Decorative Paints Market is an upcoming report
to be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]