By Dickson Omobola
Organisers of the West Africa Coatings Show have forecasted an annual growth rate of four per cent for Nigeria’s paints and coatings market, saying with the rapid construction, urbanisation and increasing demand for eco-friendly products, the industry’s development cannot be underrated.
They also estimated the market to be valued at US$2.7 billion in 2025, saying while decorative paints currently lead the market, demand for protective coatings is steadily increasing across the oil, gas and infrastructure sectors.
This was disclosed as preparations near completion for the West Africa Coatings Show, organised in partnership with the Paint Manufacturers Association of Nigeria, PMA, and scheduled to take place from 2–4 July 2025 at the Landmark Centre in Lagos.
Speaking ahead of the event, Chairman of the Paint Manufacturers Association of Nigeria, PMA, Mr Abimbolu Babatunde, said: “We are excited to partner with dmg events to launch the West Africa Coatings Show, especially as the region’s paints and coatings market is experiencing significant growth and opportunity. With just a month to go, this event comes at a perfect time to support innovation, raise industry standards and create new commercial prospects for local manufacturers. We see this as the start of a strong, long-term partnership that will help drive the coatings industry forward across West Africa. ”
Also speaking, Associate Vice President of The Coatings Group, Paddy O’Neill, said: “The launch of the West Africa Coatings Show marks an important step for our portfolio and a timely response to the region’s growing demand for industry connection and innovation. We’re grateful for the strong collaboration with PMA and the support of our sponsors, including CAP Plc and Multichem. With momentum building and the show just a month away, we’re looking forward to bringing the industry together in Lagos and establishing a lasting platform for growth across the West African coatings industry.”
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