PUBLISHER: The Business Research Company | PRODUCT CODE: 1926123
PUBLISHER: The Business Research Company | PRODUCT CODE: 1926123
Furniture lacquer is a resilient and glossy finish for furniture, created by blending natural resins or cellulose derivatives with a volatile solvent. Its purpose is to provide furniture with a glossy appearance, safeguard the wood from harm, and enhance the overall aesthetic.
The primary categories of furniture lacquer include solvent-based and water-based variants. Solvent-based lacquers are water-soluble and have solvents as their primary component. These lacquers offer various finishes like gloss, matte, and satin or semi-gloss, and they are commonly applied to both wood and metal furniture. Furniture lacquer products are available through online and offline distribution channels.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have impacted the furniture lacquer market by increasing the cost of imported resins, solvents, and coating additives. These effects have been prominent in wood and metal furniture manufacturing across asia pacific and europe. Higher tariffs have raised production costs and influenced pricing strategies for furniture producers. At the same time, tariffs have encouraged local lacquer production, water based formulation development, and sourcing of regional raw materials.
The furniture lacquer market research report is one of a series of new reports from The Business Research Company that provides furniture lacquer market statistics, including furniture lacquer industry global market size, regional shares, competitors with a furniture lacquer market share, detailed furniture lacquer market segments, market trends and opportunities, and any further data you may need to thrive in the furniture lacquer industry. This furniture lacquer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The furniture lacquer market size has grown strongly in recent years. It will grow from $10.79 billion in 2025 to $11.42 billion in 2026 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to growth in furniture manufacturing, rising residential construction, increased demand for aesthetic finishes, availability of solvent based lacquers, expansion of woodworking industries.
The furniture lacquer market size is expected to see strong growth in the next few years. It will grow to $14.87 billion in 2030 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to growth of urban housing, rising demand for sustainable furniture, expansion of online furniture sales, advancements in coating technologies, increasing renovation activities. Major trends in the forecast period include increasing demand for water based lacquers, rising preference for glossy finishes, growing adoption in modular furniture, expansion of eco friendly coatings, increasing focus on surface durability.
The increasing use of wood is expected to propel the growth of the furniture lacquer market going forward. Wood is a natural material sourced from the trunks, branches, and roots of trees and woody plants. Its versatility allows it to be crafted into a wide range of furniture designs. Lacquer finishes provide customization options in color, sheen, and style, enabling manufacturers to create unique and trend-aligned furniture pieces that meet evolving consumer preferences. For instance, in June 2024, according to the Wood Recyclers Association, a UK-based association, large-scale biomass remained the biggest consumer of waste wood in 2023, processing 2.8 million tonnes-representing 63% of total wood processed-and marking a 2.6% increase from 2022. This highlights the growing role of wood utilization across industries, further supporting demand for lacquer finishes. Therefore, the increasing use of wood is driving the growth of the furniture lacquer market.
Major companies operating in the furniture lacquer market are focusing on developing innovative products such as automated paint dispensing systems to enhance precision, efficiency, and consistency in paint application. An automated paint dispensing system is a technologically advanced solution designed to accurately mix, measure, and dispense paint in predetermined quantities, ensuring consistent color output, optimal material usage, and minimal waste. For instance, in December 2025, Nippon Paint (India) Private Limited, an India-based paint and coatings company, launched the INFINITY Automatic Tinting System to improve precision and efficiency in paint mixing and dispensing. The system offers automated color matching, consistent tinting, user-friendly digital controls, rapid processing, and reduced paint wastage. Its advanced software and sensor-based technology make it suitable for both retail and commercial environments, streamlining workflows, minimizing human error, and ensuring high-quality finishes in decorative and industrial painting projects.
In May 2023, Gemini Coatings, a US-based wood paint and coatings manufacturer, acquired Rudd Company Inc. for an undisclosed amount. This acquisition enables Gemini to expand and strengthen its product portfolio while enhancing its customer service capabilities. Rudd Company Inc. is a US-based producer of high-quality wood stains and furniture lacquer.
Major companies operating in the furniture lacquer market are BASF SE, The Sherwin-Williams Company, PPG Industries Inc., Akzo Nobel N.V., Nippon Paint Holdings Co Ltd., RPM International Inc., Axalta Coating Systems Ltd., The Valspar Corporation, Kansai Paint Co Ltd., Hempel A/S, Jotun Paints Inc., Comex Group, Berger Paints Ltd., Rust-Oleum Corporation, Chugoku Marine Paint Ltd., Minwax Company, Carpoly Chemical Group Co Ltd., Cloverdale Paint Inc., Chugoku Marine Paints Ltd., Adler Lack AG, Maydos Chemicals Co Ltd., Pacific Paint (Boysen) Philippines Inc., Tamiya Incorporated, Morrells Woodfinishes Ltd., Intercoat Paints Ltd., Pure & Original Paint
Asia-Pacific was the largest region in the furniture lacquer market in 2025. The regions covered in the furniture lacquer market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the furniture lacquer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The furniture lacquer market consists of sales of acrylic lacquer, catalyzed lacquer, nitrocellulose lacquer and urushiol based lacquer. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Furniture Lacquer Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses furniture lacquer market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for furniture lacquer ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The furniture lacquer market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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