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Paint, Coatings & Printing Ink Manufacturing in Iceland - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

IS-C2022 August 2024 Factsheet

Revenue

€19.1m

2019-2024 1.8 %
2024-2029 X.X %

Employees

67

2019-2024 4.4 %
2024-2029 X.X %

Businesses

8

2019-2024 0.0 %
2024-2029 X.X %

Wages

€X.Xm

2019-2024 X.X %
2024-2029 X.X %

Paint, Coatings & Printing Ink Manufacturing in Iceland market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Iceland compared to Europe?

Country Benchmarking

Industry Data Iceland

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#34 In Europe
Business
#32 In Europe
Employees
#36 In Europe
Wages
#35 In Europe

The Paint, Coatings & Printing Ink Manufacturing in Iceland ranks 34 in Europe with regards to its 2024 revenue (€19.1m). Revenue received by operators in Iceland has been low in volatility over the past five-year period, with the average annual change in revenue (1.8 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Paint, Coatings & Printing Ink Manufacturing industry in Iceland in 2024?

The market size of the Paint, Coatings & Printing Ink Manufacturing industry in Iceland is €19.1m in 2024.

How many businesses are there in the Paint, Coatings & Printing Ink Manufacturing in Iceland industry in 2024?

There are 8 businesses in the Paint, Coatings & Printing Ink Manufacturing industry in Iceland, which has declined at a CAGR of 0.0 % between 2019 and 2024.

Has the Paint, Coatings & Printing Ink Manufacturing industry in Iceland grown or declined over the past 5 years?

The market size of the Paint, Coatings & Printing Ink Manufacturing industry in Iceland has been growing at a CAGR of 1.8 % between 2019 and 2024.

What is the forecast growth of the Paint, Coatings & Printing Ink Manufacturing industry in Iceland over the next 5 years?

Over the next five years, the Paint, Coatings & Printing Ink Manufacturing industry in Iceland is expected to grow.

What are the biggest companies in the Paint, Coatings & Printing Ink Manufacturing market in Iceland?

The biggest company operating in the Paint, Coatings & Printing Ink Manufacturing market in Iceland is Hempel A/S

What does the Paint, Coatings & Printing Ink Manufacturing in Iceland include?

Decorative paints and Industrial coatings are part of the Paint, Coatings & Printing Ink Manufacturing industry.

Which companies have the highest market share in the Paint, Coatings & Printing Ink Manufacturing in Iceland?

The company holding the most market share in Iceland is Hempel A/S.

How competitive is the Paint, Coatings & Printing Ink Manufacturing industry in Iceland?

The level of competition is moderate and steady in the Paint, Coatings & Printing Ink Manufacturing industry in Iceland.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

Companies in this industry are predominantly involved in the manufacture of paints, varnishes and similar coatings (including enamels or lacquers), along with mastics and sealants. The industry also includes those involved in the manufacture of printing ink.

What's included in this industry?

Decorative paintsIndustrial coatingsPrinting inksOther

Industry Code

ISIC 2006

2022 - Manufacture of paints, varnishes and similar coatings, printing ink and mastics in Iceland

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Paint, Coatings & Printing Ink Manufacturing in Iceland
  • Employees in the Paint, Coatings & Printing Ink Manufacturing in Iceland
  • Business in the Paint, Coatings & Printing Ink Manufacturing in Iceland
  • Profit in the Paint, Coatings & Printing Ink Manufacturing in Iceland

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Stringent regulations are in place. The EU has implemented strict laws to regulate Volatile Organic Compounds and other potentially harmful substances in paints.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Paint, Coatings & Printing Ink Manufacturing in Iceland industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

High operating costs have dented profit. Strong demand for sustainable paints has been compounded by rocketing energy and raw materials costs, squeezing profit.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Paint, Coatings & Printing Ink Manufacturing in Iceland industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

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