India Paint Industry Opportunity Analysis 2018
India Paint Industry Opportunity Analysis 2018
India Paint Industry Opportunity Analysis 2018
The Indian paint industry has evolved from a predominant decorative paints market with
seasonal fluctuations to a more diversified market. In recent years several factors have
contributed to the fortunes of the Indian paint industry including adoption of latest
The Indian paint industry has begun to look more like the FMCG industry where branding,
distribution strength and innovative use of technology have become decisive aspects of
growth against a backdrop of ever changing customer preferences. There have been
innovations in the paint market both at the product technology and development level while
the usage side has seen some changes. These have been with a view to create better and
safer products, environment friendly paints, cheaper technology and better aesthetics.
In recent years, there has been a major transition in the type of products and services owing
to the range of innovations being brought in by the manufacturers and evolving preference
towards mid and premium segment products. The innovation has been seen all around the
market landscape of decorative and industrial paint categories. As the paints market has
grown and evolved there has been increased demand for premium products. This has come
about as buyers have become more aesthetically aware, and have the means to opt for better
value products, even at higher prices. Premium products account for less than 25% of the
organized decorative paints market and has grown at more than 15% annually in the last few
years.
India Paint Industry Opportunity Analysis 2018 research report by KuicK Research is
an intriguing text that gives detailed facts and analysis on latest developments in the Indian
paint industry. Report discusses various segments of the paint industry and analyzes the
factors responsible for the growth and the need to resolve challenges to maintain growth
momentum in future. Report discusses following aspects related to booming paint industry in
India:
Page 1
Page 2
Page 3
List of Figures
Indian Paint Industry Indicators
Figure 1-1: Paint & Coating Industry (US$ Billion), 2012-2018
Figure 1-2: Share of Decorative & Industrial Paint (By Value), 2012-2018
Figure 1-3: Decorative & Industrial Paint Consumption (Million Tons), 2012-2018
Figure 1-4: Share of Decorative & Industrial Paint (By Volume), 2012-2018
Figure 1-5: Per Capita Paint Consumption (Kg), 2012 & 2018
Figure 1-6: Residential Paint & Coating Industry (US$ Billion), 2012-2018
Figure 1-7: Commercial Paint & Coating Industry (US$ Billion), 2012-2018
Figure 1-8: Industrial Paint & Coating Industry (US$ Billion), 2012-2018
For Sample Contact: [email protected] , +91-11-47067990
Page 4
Page 5
List of Tables
Table 8-1: Asian Paints Financial Overview
Table 8-2: Berger Paints Financial Overview
Table 8-3: Shalimar Paints Financial Overview
Table 8-4: Kansai Nerolac - Financial Overview
Table 8-5: AkzoNobel - Financial Overview
Table 8-6: Nippon Paint - Financial Overview
Table 8-7: DuPont - Financial Overview
Table 8-8: BASF India - Financial Overview
Page 6