The Australia automotive paint market size reached USD 626.91 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 997.84 Million by 2033, exhibiting a growth rate (CAGR) of 5.30% during 2025-2033. The market is witnessing significant growth, driven by rising demand for vehicle customization and growing automotive industry. Consumers are also increasingly opting for high-quality, durable finishes, with a focus on eco-friendly, low-VOC paints. Advancements in paint technology, including improved scratch resistance and UV protection, is further contributing to the rising Australia automotive paint market share.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 626.91 Million |
Market Forecast in 2033 | USD 997.84 Million |
Market Growth Rate 2025-2033 | 5.30% |
Growing Shift Toward Eco-friendly Paints
In Australia, consumers and manufacturers alike are increasingly moving toward eco-friendly car paints as they become more environmentally aware. Low-VOC and water-based paints are becoming popular because they have lower environmental impact than traditional solvent-based paints. Eco-friendly paints release fewer toxic chemicals, enhancing air quality at the time of application and throughout the vehicle's life. As part of the worldwide drive toward sustainability, motor vehicle manufacturers and aftermarket repair services are embracing such paints to be able to respond to tighter environmental regulations and engage environmentally aware customers. For instance, in October 2023, Glasurit announced the launch of its AraClass coatings in Australia, featuring eco-friendly clear coats and undercoats designed for quality and speed. These products are certified for significant CO2 reduction, emphasizing sustainability. The range builds on Glasurit's commitment to innovative, environment-friendly solutions for automotive repairers, balancing performance with environmental protection. Additionally, water-based paints offer superior color retention and durability, making them an attractive option for long-term vehicle finishes. This shift not only helps reduce the carbon footprint but also aligns with the rising demand for green products, driving the growth of eco-friendly automotive paints in the Australian market.
Rapid Growth in Electric Vehicle Sales
The rapid growth in electric vehicle (EV) sales in Australia is significantly influencing the automotive paint market, with a rising demand for specialized paints tailored for these vehicles. According to industry reports, electric vehicle sales in Australia reached 85,319 units by September 2024, accounting for 9.5% of new car sales, up from 8.4% in 2023 and a 150% increase since 2022. Light EV sales are projected to hit 110,000 units by year-end, with an expected market share of 15-19% by 2026. As EVs continue to gain popularity, manufacturers are focusing on unique color options and finishes that set them apart from traditional internal combustion engine vehicles. Consumers are increasingly looking for distinctive, modern finishes, including matte, metallic, and custom-designed hues. These specialized paints often feature innovative technologies to enhance the vehicle's aerodynamics, battery efficiency, and overall aesthetics. The need for eco-friendly, high-performance coatings is also rising, with EV manufacturers prioritizing paints that offer better durability and scratch resistance. This trend is contributing to the overall Australia automotive paint market growth, as paint manufacturers adapt to the evolving needs of the electric vehicle segment, helping drive innovation and market expansion.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on application, type, vehicle type, and finish type.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes automobile manufacturing, automobile repair and refinishing, and automobile maintenance.
Type Insights:
A detailed breakup and analysis of the market based on the type have also been provided in the report. This includes solvent-based paints, water-based paints, powder coatings, and UV-cured paints.
Vehicle Type Insights:
A detailed breakup and analysis of the market based on the vehicle type have also been provided in the report. This includes passenger cars, commercial vehicles, motorcycles, and heavy-duty vehicles.
Finish Type Insights:
A detailed breakup and analysis of the market based on the finish type have also been provided in the report. This includes matte finish, gloss finish, satin finish, and metallic finish.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Applications Covered | Automobile Manufacturing, Automobile Repair and Refinishing, Automobile Maintenance |
Types Covered | Solvent-Based Paints, Water-Based Paints, Powder Coatings, UV-Cured Paints |
Vehicle Types Covered | Passenger Cars, Commercial Vehicles, Motorcycles, Heavy-Duty Vehicles |
Finish Types Covered | Matte Finish, Gloss Finish, Satin Finish, Metallic Finish |
Regions Covered | Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: