Global India Paint Industry Market Insights and Forecast to 2022
Summary –
A new
market study, “Global India Paint Industry Market Insights and
Forecast to 2022 “has been featured on WiseGuyReports.
The Indian paint industry has been witnessing a gradual shift in
the preferences of people from the traditional whitewash to high quality paints
like emulsions and enamel paints, which is providing the basic stability for
growth of Indian paint industry. Besides, it is creating a strong competitive
market, where players are utilizing different strategies to tap the growing
demand in the market for a larger share. Moreover, rise in disposable income of
the average middle class coupled with increasing investment on education;
urbanization; development of the rural market; and various launches of many
innovative products, like friendly, odor free, and dust & water resistant
paints, are major drivers that are propelling the growth of the paint market in
India.
As per our report “India Paint Industry Outlook 2022”, provides
study of Indian paints industry by value and volume, which is expected to grow
at a CAGR of around 12% during 2018-19 to 2021-22 in value terms. The reports
provide an in-depth detailed insight on the Indian decorative and industrial
paint segment. Our research is an outcome of extensive primary & secondary
research, where industry trends are being identified. For the study, we have analyzed
industry expert insights from paint manufacturers, regional dealers and raw
material suppliers, in order to build our macro and micro level understanding
of the overall market and to explore opportunity in the prevailing market.
As per the report finding, decorative paints has the maximum
demand. Thus in the report a thorough study has been done on this segment,
which has been segmented by application, by product class, by technology, by
demand, by composition, by region and by tier cities. The report also discusses
in detail the emulsion, enamel and distemper in decorative paint markets by
value, volume, types, tier cities, etc.; along with analysis of raw material
and roadblocks of the industry.
Our research also depicts key trends and drivers of the
industry. Moreover, the report also includes business overview of key industry
players, such as Asian Paints, Kansai Nerolac, Berger Paints, Akzo Nobel and
Shalimar, along with comprehensive outlook of the sector’s present and future
scenario. Overall, the report is a result of extensive research and prudent
analysis that will be offering suitable knowledge base to those who are
interested in this industry
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/1706454-india-paint-industry-outlook-2022
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