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Furniture Lacquer Global Market Report 2025
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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.

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 $10.25 billion in 2024 to $10.94 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to rising demand for furniture, growing preference for wooden furniture, growing popularity of diy furniture, expansion of the furniture industry, growing popularity of online furniture sales.

The furniture lacquer market size is expected to see strong growth in the next few years. It will grow to $14.07 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to continued growth of the global furniture, awareness of environmental sustainability, e-commerce growth, customization and personalization. Major trends in the forecast period include water-based lacquers, digital printing on lacquer, hybrid finishes.

The surge in the construction of new homes and the increasing popularity of home renovation projects are poised to be key drivers for the growth of the furniture lacquer market. Newly constructed homes are those that have never been occupied, offering a blank canvas for interior design. Home renovation projects breathe new life into existing spaces while preserving their original layouts. Furniture lacquer plays a pivotal role in both scenarios, providing a lustrous, glossy finish to new furniture and revitalizing the sheen of older pieces. For example, in March 2022, data from the United States Census Bureau revealed that privately-owned housing starts in the United States reached 1,769,000 in February 2022, marking a 22.3% increase from the previous year. Additionally, US home remodeling revenue, as reported by RubyHome in June 2022, saw a 9% growth from $337.0 billion in 2020 to $369.0 billion in 2021, with remodeling activity surging by 55% in 2021. Consequently, the surge in new construction and home remodeling projects is a driving force behind the growth of the furniture lacquer market.

The growing use of wood is expected to drive the expansion of the furniture lacquer market in the coming years. Wood, a natural material sourced from the trunks, branches, and roots of trees and woody plants, is highly versatile and can be shaped into a variety of furniture designs. Lacquer finishes provide customization options in terms of color, sheen, and style, allowing furniture manufacturers to create distinctive and tailored pieces that align with current design trends and consumer preferences. For example, in June 2024, the Wood Recyclers Association, a UK-based organization, reported that large-scale biomass was the leading consumer of waste wood in 2023, processing 2.8 million tonnes, which represents 63% of the total wood processed. This reflects a 2.6% increase from 2022, emphasizing the important role of waste wood biomass in generating secure, low-carbon, baseload power. As a result, the growing use of wood is fueling the growth of the furniture lacquer market.

Leading companies in the furniture lacquer industry are concentrating on creating innovative products, including durable lacquer. Durable lacquer is a protective coating that delivers a long-lasting, hard finish, providing resistance to wear, moisture, and environmental factors. For example, in March 2022, Bona, a Sweden-based flooring products manufacturer, introduced Bona Traffic HD Raw. This product is designed to meet modern trends and cater to floor owners looking for an ultra-matte finish that mimics untreated wood while ensuring durability. The main objective is to offer a highly durable lacquer that maintains a natural appearance while protecting wooden floors from wear, scuffing, and chemical damage.

In May 2023, Gemini Coatings, a wood paint and coatings manufacturer based in the United States, made an undisclosed investment in Rudd Company Inc. This strategic acquisition significantly enhances Gemini's portfolio by adding to its range of solutions, with a strong emphasis on delivering an unparalleled customer experience and exceptional service. Rudd Company Inc., a US-based enterprise, specializes in producing 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 2024. The regions covered in furniture lacquer report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the furniture lacquer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, 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 Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on 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.

Reasons to Purchase

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? 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, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Scope

Table of Contents

1. Executive Summary

2. Furniture Lacquer Market Characteristics

3. Furniture Lacquer Market Trends And Strategies

4. Furniture Lacquer Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market

5. Global Furniture Lacquer Growth Analysis And Strategic Analysis Framework

6. Furniture Lacquer Market Segmentation

7. Furniture Lacquer Market Regional And Country Analysis

8. Asia-Pacific Furniture Lacquer Market

9. China Furniture Lacquer Market

10. India Furniture Lacquer Market

11. Japan Furniture Lacquer Market

12. Australia Furniture Lacquer Market

13. Indonesia Furniture Lacquer Market

14. South Korea Furniture Lacquer Market

15. Western Europe Furniture Lacquer Market

16. UK Furniture Lacquer Market

17. Germany Furniture Lacquer Market

18. France Furniture Lacquer Market

19. Italy Furniture Lacquer Market

20. Spain Furniture Lacquer Market

21. Eastern Europe Furniture Lacquer Market

22. Russia Furniture Lacquer Market

23. North America Furniture Lacquer Market

24. USA Furniture Lacquer Market

25. Canada Furniture Lacquer Market

26. South America Furniture Lacquer Market

27. Brazil Furniture Lacquer Market

28. Middle East Furniture Lacquer Market

29. Africa Furniture Lacquer Market

30. Furniture Lacquer Market Competitive Landscape And Company Profiles

31. Furniture Lacquer Market Other Major And Innovative Companies

32. Global Furniture Lacquer Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Furniture Lacquer Market

34. Recent Developments In The Furniture Lacquer Market

35. Furniture Lacquer Market High Potential Countries, Segments and Strategies

36. Appendix

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