India Paint Industry Outlook- Industry Analysis, Size, Share, Growth, Trends and Forecast 2018-2022
Summary – A new maGlobal 3D Printer Marketet study,
titled "India
Paint Industry Outlook- Industry Analysis, Size, Share, Growth, Trends and
Forecast 2018-2022" 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.
Also read – https://www.openpr.com/news/2101626/india-paint-2020-market-by-industry
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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