Paint is HEAVY .... On my small Foamie planes , I avoid a thick coat of paint , adds weight that affects performance... on a trailer I doubt it would add that much weight , none that would affect anything ...
I still believe the canvas/T2 /paint to be the Lightest of all ...
Since plywood and canvas are essentially made of “plant fibers “ (Cellulose) I’d expect their density would reflect on the weight.. It was stated (somewhere? ) that plywood weighs 57 lb/ cu. ft. , The large pile of canvas I used to cover my Foamie trailer didn’t weigh anywhere near that ... likely < 20 lb.
Water based T2 and Latex paint has the advantage of the solvent evaporating away , leaving the pigment , which is Most of the weight ... I’m sure other oil based paints do this too, but resins do Not , so the weight of the can is what goes on the trailer ...
