SOUTH KOREA’S DYNAMIC PAINT AND COATING MARKET RECOVERS AFTER COVID-19 DECLINE
February 1st, 2022
South Korea’s paint and coatings market is readying itself for a sustained rebound after 2021 saw it recover from declining sales in 2020 prompted by the Covid-19 pandemic. UK-based market researcher Euromonitor International’s Paints and Varnishes in South Korea report published in December 2021 showed that the country’s paints and varnishes production value declined by 0.9% year on year in 2020, to USD6.8 billion, but Euromonitor predicts the industry’s turnover will have fully recovered in 2021 to 2019 levels or ...
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