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(Construction.IndustryNews247.Com, February 12, 2019 ) The new report, Paint Market in India', states that the industry in India is driven by growth in not only construction activities but also in automotive industry. Media exposure and innovative marketing initiatives by the players have only added to increasing awareness about latest trends prevalent in the sector. Due to increased Government funding for infrastructure, demand for paints both in industrial and decorative segment is set to rise, thereby rendering Indian paint industry to be poised for further growth.
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A further analysis of the key drivers and challenges of the market indicate the factors for growth of the market including growth in real estate construction, growth in automotive industry, growth in industrial sector, growth in disposable income, low penetration and increased Government expenditure on infrastructure. India is an emerging economy and with a rising GDP and the subsequent growth in industrial activities and infrastructural developments. Aided with increased Government spending on infrastructure in India, market is optimistic about its impact on the paint industry. For new constructions, paint has become an integral component of the development stage. Another factor boosting the market is the growth in the automotive industry which creates huge demand for industrial paints.
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Further, with enhanced level of communication in terms of media exposure, awareness about latest trends governing the sector has reached a whole host of consumers. Fulfilling needs to look unique becomes possible with more disposable income at the hands of people which is seen to be on an upward trend. Moreover, low per capita consumption of paints in India provides enough opportunity for further growth in this sector. However, the sector is also facing certain challenges. Factors like rising input prices and stringent environmental regulations pose as a barrier for growth. To conclude, the paint industry has a promising future in India, provided players in the market implement innovation and cutting edge technology to combat the negative factors.
Table Of Content
Slide 1: Executive Summary
Macro Economic Indicators Slide 2: GDP at Factor Cost: Quarterly (2011-2012, 2012-13, 2013-14, 2014-15), Inflation Rate: Monthly (Jul-Aug 2013 - Nov-Dec 2013) Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013 - Jul 2013), Exchange Rate: Half Yearly (Apr 2014 - Sep 2014) Slide 4: Lending Rate: Annual (2011-2012, 2012-13, 2013-14, 2014-15), Trade Balance: Annual (2010-11, 2011-12, 2012-13, 2013-14), FDI: Annual (2009-10, 2010-11, 2011-12, 2012-13)
Introduction Slide 5: Introduction - Indian Paint Industry
Market Overview Slide 5: Market Overview - Market Size (2013 - 2018e) & Paint Industry Segmentation Slide 6: Paint Industry - Supply Chain Slide 7: Primary Constituents of Paints Slide 8: Primary Types of Paints Slide 9: Sales & Distribution Scenario Slide 10: Paint Industry Initiatives
Import - Export Slide 11-13: EXIM Scenario
Drivers & Challenges Slide 14: Drivers & Challenges - Summary Slide 15-19: Drivers Slide 20-21: Challenges
Trends Slide 22: Trends - Summary Slide 23-28: Key Trends
Competitive Landscape Slide 29: Porter's Five Forces Analysis Slide 30-34: Competitive Benchmarking (FY 2014) Slide 35-64: Major Public Players Slide 65-79: Major Private Players
Strategic Recommendation Slide 80: Strategic Recommendations
Appendix Slide 81: Appendix Slide 82: Sources of Information
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