Peru Paints and Coatings Market Report and Forecast 2032

The Peru Paints and Coatings Market is anticipated to register a CAGR of around 3.20% during the forecast period, i.e., 2025-32. Also, the market size was valued at nearly USD 546.2 million by 2032. The industry has been gradually expanding, driven by urbanization, infrastructure development, and the mushrooming construction sector. With the country's economy demonstrating elasticity & improvement in recent years, demand for decorative paints & protective coatings has increased. This expansion is due to increased residential, commercial, and industrial space construction. Furthermore, government initiatives that improve public infrastructure, such as roads, bridges, and buildings, have elevated the need for long-lasting & high-performance coatings.