Future Market Insights (FMI) has forecast the decorative paints market value to surpass US$ 60.27 billion in 2022. The decorative paints industry is expected to be driven by the growing construction of residential, commercial, and institutional buildings across the world. The market is likely to witness a 5.4% CAGR during the coming assessment period of 2023 and 2033.
Surging demand for interior decorations, and renovating residential houses, coupled with urbanization, industrial growth, and expansion of infrastructure are some of the factors driving the decorative paints industry. FMI has projected the market valuation to reach US$ 108 billion by 2033 end. The decorative paints market represented nearly 45% of sales in the paints and coatings industry in 2022.
Decorative paints will become more popular if they have unique finishes and textures. Metallic finishes, textured surfaces, and even 3D-printed patterns will become possible with paints manufactured by manufacturers. Consumers will be able to create visually appealing and personalized spaces thanks to these innovations.
Antimicrobial paints are increasingly in demand due to increased attention being paid to health and hygiene. Painting surfaces can inhibit bacterial growth, mold, and other microorganisms, contributing to a healthier indoor environment. As a result of anti-allergenic paints, pollutant and allergen levels in the air are helped to decrease, thus improving the quality of the air.
The use of decorative paint in a smart home can be integrated with electrical and heating control as well as the display of digital content on painted surfaces. Painting spaces with this integration will improve their aesthetics and functionality, improving their immersive quality.
Artists or designers collaborating with paint manufacturers will drive innovation in decorative paints. A wide range of color palettes, patterns, and artistic effects can be created, allowing consumers to express themselves individually.
| Report Attribute | Details |
|---|---|
| Decorative Paints Market Size (2022) | US$ 60.27 billion |
| Decorative Paints Market Share Value (2023) | US$ 63.34 billion |
| Decorative Paints Market Anticipated Forecast Value (2033) | US$ 108 billion |
| Decorative Paints Market Projected Growth Rate (2023 to 2033) | 5.4% CAGR |
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Demand for decorative paints grew at 5% CAGR between 2018 and 2022. In the current scenario, the overall domestic consumer space is witnessing a significant rise due to urbanization.
The development of low volatile organic compound (VOC) paints will become more important as environmental concerns rise. In the future, eco-friendly decorative paints will be developed using sustainable materials and manufacturing processes.
As technology is integrated into paints, smart paints will emerge. Paints with self-cleaning properties, self-healing capabilities, or color-changing capabilities will be available in the future. For example, dirt-repelling paints can prevent stains, and scratch-healing paints repair minor damage.
A significant role will be played by digitalization in decorative paints in the future. Using virtual reality or augmented reality tools, consumers can visualize and customize their paint choices. It enhances the overall customer experience by allowing them to preview different color schemes and finishes before they make a decision.
Backed by this, the market has been projected to register sales growth at a 5.4% CAGR over the forecast period, from 2023 to 2033. Expansion of construction sector will continue boosting decorative paint sales in India, China, and GCC countries. Introduction of low VOC paints has been among the primary product innovations in the paints industry. A higher focus on sustainability will fuel demand for VOC paints in the decorative paints market.
Growing Disposable Incomes and Consumer Interest in Artistic Products Is Expected to Grow Demand in Coming Years
Rapid urbanization, improving the standard of living, and growing interest of customers towards improving the aesthetic appeal of their homes and residential buildings have led to increasing demand of decorative paints.
Powered with high disposable income, consumers’ demand preference has shifted to paints with highly resilient characteristics along with a modern taste of estheticism. This change in demand pattern is expected to work as a catalyst for the global decorative paints market growth.
Owners of commercial buildings such as office buildings, hotels, malls, and others spend a willingly on the renovation of their buildings every three to five years. This also includes expenditure on exterior paints and wall paints in order to maintain the visual aesthetics of their facilities.
Growth in the number of commercial buildings and skyrocketing construction of affordable housing projects are further anticipated to boost the demand for wall paints and exterior paints in the coming years.
As per FMI, the demand for decorative paints will be especially high in the Middle East and Africa, Eastern Europe, and Asia Pacific. The paint industry will continue to benefit from nanotechnology. The incorporation of nanoparticles into paints can improve the paint's durability, UV resistance, and thermal insulation properties. A longer-lasting and higher-performing decorative paint will be the result of these advancements.
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Green Paints will Likely Grow Demand for Decorative Paints
According to FMI, the United States decorative paints market is expected to grow at a 4.8% CAGR. Revenue generated in the market will be pushed by a high rebound in construction projects. Moreover, growth in the construction of residential and commercial buildings will continue pushing demand for decorative paints.
Environmental-friendly and low-VOC paint products will dominate the market. Driven by the implementation of stringent regulations and changing consumer preferences, sales of low-VOC paints are expected to pick up in the United States.
With the increasing focus on environmental sustainability and more stringent government regulations on harmful substances, the demand for water-based paints is expected to grow. These factors have encouraged manufacturers to produce water-based decorative paints. The market for decorative paints is expected to grow due to the rise in water-based paints' demand.
Growing Interior Demand is Likely to Grow Demand for Decorative Paint in the Market
The Indian housing market's potential is enormous looking at the need for housing and the increase in the number of people investing in housing units. The decorative paints industry in India is expected to register a CAGR of 5.7% during the forecast period.
A considerable rise in the construction of high-rise buildings in metropolitan cities coupled with urbanization is boosting the decorative paint sales in India. An increase in disposable income also is driving the growth of the market.
India's paint industry will likely benefit from new investments by increasing demand for decorative paints. For instance, Kansai Nerolac is the largest decorative paint company in India and the third largest industrial paint company. It continues to expand into new customer need areas while strengthening its position in these traditional markets, including wood coatings, construction chemicals for floors and decorative paint, transportation paint, coil paint, rebar paint, and super-durable powder. In addition to expanding its product portfolio, these ventures have enabled it to provide more services.
Technological Innovation in the Decorative Paint Industry will Grow Demand for Decorative Paints
China is estimated to remain a key manufacturer and consumer of decorative paints, accounting for about 73% of the overall decorative paint consumption in East Asia in 2023.
Rapid development in the building and construction and infrastructure sectors is boosting sales of decorative paints in the country. As per the report, the residential construction segment is expected to register high demand for decorative paints in China.
With foreign multinational coatings companies (MNCC) expanding their dominance of the Chinese developing market rapidly, the decorative paint market in China is one of the fastest-growing markets in the world. Innovations in technology and a growing demand for innovations will increase the demand for decorative paints in China over the next few years.
Growing Demand for Non-toxic Paints in the Market is Likely to Grow Demand for Water-based Paints
Based on product type, water-based paints are expected to dominate the market for decorative paints. As per FMI, the water-based paints segment is projected to register year-on-year growth of 5% in 2023.
Increasing construction of residential and commercial buildings across the globe is expected to boost the demand for water-based paints in the coming years. Implementation of regulations to curb VOC emissions from paints will drive sales of water-based paints.
Water-based paints are increasingly being used by Indian paint manufacturers. In the past few quarters, their gross margins have been hit by rising input costs, especially crude oil prices. Water-based paints are also increasingly preferred by customers because they are easier to clean than solvent-based paints.
Decorative paint market leader Asian Paints Ltd has a capacity of 600,000 kilo liters per annum at its Mysuru plant. Jefferies India Pvt. reports that that the company sells more water-based paints than its competitors.
Glossy Wall Surfaces to Drive Demand For Emulsion-based Decorative Paints
Consumption of emulsion based decorative paints is expected to account for more than 86% of the total decorative paints market share in United States in 2023. The demand for decorative paints in the market is likely to increase as a result of ready-to-use paints. The demand for different types of mechanisms, such as brushing, spraying, rollers, dips, and more, will grow in the coming years as they are easy to apply and easy to use.
Emulsion paints are a stable suspension of oil phase in a liquid phase and are used to give a range of finishes, such as the gloss sheen, satin, silk, and flat matt on substrates. As these are generally water based paints, the share of the segment is also estimated to remain high during the coming forecast period. Among distempers, acrylic paints are expected to remain highly sought-after in the market.
Kitchens and bathrooms are suitable for emulsion paints because of their humidity-resistance. The toxic content of emulsion paints is lower. It has been clinically proven to be safe for both humans and animals. The majority of manufacturers claim that their products contain no volatile organic compounds at all.
Paints made from emulsions do not require protection from sunlight or temperature changes. In addition to being chemically resistant, emulsion paints are also easy to apply. There are no effects of rain or chemical substances on them. The durability of emulsion paints cannot be compromised. The higher the pigment content, the better the quality of emulsion paint.
The application of Decorative Paint to Wall Interiors is likely to grow as the Demand for Appealing Interiors Grows
Revenue generated in the interior segment is estimated to grow at a 5.1% CAGR. The interior paints segment will continue accounting for more than 82% of the share among the listed applications through the forecast period in Europe.
The increase in the construction of residential buildings, commercial shops, shopping malls, offices, hotels, and restaurants is boosting the demand for interior decorative paints. Furthermore, the growing trend for interior decoration and renovation of interior parts all over the globe is bolstering the consumption rate of decorative paints in the interior segment.
Demand for decorative paints will grow as the aesthetic appearance of walls and demand for different textures increase. People are increasingly interested in creating a personalized living space, which has led to a demand for interior decorative paints.
The increased demand for decorative paints can be attributed to several factors, including an increase in interior decoration and renovation of residential houses, as well as industrial growth, urbanization, and infrastructure expansion. A major factor driving the growth of the decorative paint industry is the growing importance of decorative paint for the decoration of residential buildings, both exterior and interior
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Changing market conditions and technological advancements create exciting new trends for businesses. Startup ecosystems across the world are gaining traction with the decorative paints industry. Some key startups in the decorative paints market include-
Key market participants are focusing on mergers and acquisitions strategies, coupled with product development by investing in research and development to boost their market presence. Some of them are emphasizing on increasing the production capacity to enhance their annual turnover. For instance:
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | US$ billion for value |
| Key Regions Covered |
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| Key Countries Covered |
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| Kay Segments Covered |
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| Key Companies Profiles |
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| Customization & Pricing | Available upon Request |
The decorative paints market is anticipated to reach a valuation of US$ 63.34 billion in 2023.
The global decorative paints market is anticipated to witness a growth at 5.4% over the forecast period of 2023 and 2033 in terms of value
The decorative paints market witnessed a growth at 5% CAGR between 2017 and 2022.
Growing urbanization coupled with increasing construction of commercial buildings, improving the standard of living, and increasing demand for interior decoration and renovating of residential houses are driving sales.
The Sherwin-Williams Company, PPG Industries, Akzo Nobel N.V., RPM International, and Nippon Paints and Asian Paints among others are the key participants in the decorative paints market.
Demand for decorative paints in United States is expected to grow at a 4.8% CAGR through 2033.
Europe decorative paints market is estimated to expand at a CAGR of 4.6% during the forecast period.
Key exporters in the decorative paints market are China, United States, Japan, Germany and Others.
Top countries driving the decorative paints demand are China, the United States, India, Japan, and Germany.
South Korea are expected to collectively account for over 9% of the total in 2023.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (Kilo Tons) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (Kilo Tons) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Kilo Tons) Analysis By Product Type, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (Kilo Tons) Analysis and Forecast By Product Type, 2023 to 2033 5.3.1. Water based paints 5.3.2. Solvent based paints 5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Formulation 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Kilo Tons) Analysis By Formulation, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (Kilo Tons) Analysis and Forecast By Formulation, 2023 to 2033 6.3.1. Emulsion based paints 6.3.2. Distemper 6.4. Y-o-Y Growth Trend Analysis By Formulation, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Formulation, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Kilo Tons) Analysis By Application, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (Kilo Tons) Analysis and Forecast By Application, 2023 to 2033 7.3.1. Interior Paints 7.3.2. Exterior Paints 7.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume (Kilo Tons) Analysis By Sales Channel, 2018 to 2022 8.3. Current and Future Market Size Value (US$ Million) & Volume (Kilo Tons) Analysis and Forecast By Sales Channel, 2023 to 2033 8.3.1. Online 8.3.2. Offline 8.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2018 to 2022 8.5. Absolute $ Opportunity Analysis By Sales Channel, 2023 to 2033 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Price 9.1. Introduction / Key Findings 9.2. Historical Market Size Value (US$ Million) & Volume (Kilo Tons) Analysis By Price, 2018 to 2022 9.3. Current and Future Market Size Value (US$ Million) & Volume (Kilo Tons) Analysis and Forecast By Price, 2023 to 2033 9.3.1. Premium 9.3.2. Medium 9.3.3. Economical 9.4. Y-o-Y Growth Trend Analysis By Price, 2018 to 2022 9.5. Absolute $ Opportunity Analysis By Price, 2023 to 2033 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 10.1. Introduction 10.2. Historical Market Size Value (US$ Million) & Volume (Kilo Tons) Analysis By Region, 2018 to 2022 10.3. Current Market Size Value (US$ Million) & Volume (Kilo Tons) Analysis and Forecast By Region, 2023 to 2033 10.3.1. North America 10.3.2. Latin America 10.3.3. Europe 10.3.4. Asia Pacific 10.3.5. MEA 10.4. Market Attractiveness Analysis By Region 11. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Kilo Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) & Volume (Kilo Tons) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. U.S. 11.2.1.2. Canada 11.2.2. By Product Type 11.2.3. By Formulation 11.2.4. By Application 11.2.5. By Sales Channel 11.2.6. By Price 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Product Type 11.3.3. By Formulation 11.3.4. By Application 11.3.5. By Sales Channel 11.3.6. By Price 11.4. Key Takeaways 12. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Kilo Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (Kilo Tons) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. Brazil 12.2.1.2. Mexico 12.2.1.3. Rest of Latin America 12.2.2. By Product Type 12.2.3. By Formulation 12.2.4. By Application 12.2.5. By Sales Channel 12.2.6. By Price 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Product Type 12.3.3. By Formulation 12.3.4. By Application 12.3.5. By Sales Channel 12.3.6. By Price 12.4. Key Takeaways 13. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Kilo Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) & Volume (Kilo Tons) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Country 13.2.1.1. Germany 13.2.1.2. U.K. 13.2.1.3. France 13.2.1.4. Spain 13.2.1.5. Italy 13.2.1.6. Rest of Europe 13.2.2. By Product Type 13.2.3. By Formulation 13.2.4. By Application 13.2.5. By Sales Channel 13.2.6. By Price 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Product Type 13.3.3. By Formulation 13.3.4. By Application 13.3.5. By Sales Channel 13.3.6. By Price 13.4. Key Takeaways 14. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Kilo Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 14.2. Market Size Value (US$ Million) & Volume (Kilo Tons) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Country 14.2.1.1. China 14.2.1.2. Japan 14.2.1.3. South Korea 14.2.1.4. Singapore 14.2.1.5. Thailand 14.2.1.6. Indonesia 14.2.1.7. Australia 14.2.1.8. New Zealand 14.2.1.9. Rest of Asia Pacific 14.2.2. By Product Type 14.2.3. By Formulation 14.2.4. By Application 14.2.5. By Sales Channel 14.2.6. By Price 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Product Type 14.3.3. By Formulation 14.3.4. By Application 14.3.5. By Sales Channel 14.3.6. By Price 14.4. Key Takeaways 15. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15.1. Historical Market Size Value (US$ Million) & Volume (Kilo Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 15.2. Market Size Value (US$ Million) & Volume (Kilo Tons) Forecast By Market Taxonomy, 2023 to 2033 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. South Africa 15.2.1.3. Israel 15.2.1.4. Rest of MEA 15.2.2. By Product Type 15.2.3. By Formulation 15.2.4. By Application 15.2.5. By Sales Channel 15.2.6. By Price 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Product Type 15.3.3. By Formulation 15.3.4. By Application 15.3.5. By Sales Channel 15.3.6. By Price 15.4. Key Takeaways 16. Key Countries Market Analysis 16.1. U.S. 16.1.1. Pricing Analysis 16.1.2. Market Share Analysis, 2022 16.1.2.1. By Product Type 16.1.2.2. By Formulation 16.1.2.3. By Application 16.1.2.4. By Sales Channel 16.1.2.5. By Price 16.2. Canada 16.2.1. Pricing Analysis 16.2.2. Market Share Analysis, 2022 16.2.2.1. By Product Type 16.2.2.2. By Formulation 16.2.2.3. By Application 16.2.2.4. By Sales Channel 16.2.2.5. By Price 16.3. Brazil 16.3.1. Pricing Analysis 16.3.2. Market Share Analysis, 2022 16.3.2.1. By Product Type 16.3.2.2. By Formulation 16.3.2.3. By Application 16.3.2.4. By Sales Channel 16.3.2.5. By Price 16.4. Mexico 16.4.1. Pricing Analysis 16.4.2. Market Share Analysis, 2022 16.4.2.1. By Product Type 16.4.2.2. By Formulation 16.4.2.3. By Application 16.4.2.4. By Sales Channel 16.4.2.5. By Price 16.5. Germany 16.5.1. Pricing Analysis 16.5.2. Market Share Analysis, 2022 16.5.2.1. By Product Type 16.5.2.2. By Formulation 16.5.2.3. By Application 16.5.2.4. By Sales Channel 16.5.2.5. By Price 16.6. U.K. 16.6.1. Pricing Analysis 16.6.2. Market Share Analysis, 2022 16.6.2.1. By Product Type 16.6.2.2. By Formulation 16.6.2.3. By Application 16.6.2.4. By Sales Channel 16.6.2.5. By Price 16.7. France 16.7.1. Pricing Analysis 16.7.2. Market Share Analysis, 2022 16.7.2.1. By Product Type 16.7.2.2. By Formulation 16.7.2.3. By Application 16.7.2.4. By Sales Channel 16.7.2.5. By Price 16.8. Spain 16.8.1. Pricing Analysis 16.8.2. Market Share Analysis, 2022 16.8.2.1. By Product Type 16.8.2.2. By Formulation 16.8.2.3. By Application 16.8.2.4. By Sales Channel 16.8.2.5. By Price 16.9. Italy 16.9.1. Pricing Analysis 16.9.2. Market Share Analysis, 2022 16.9.2.1. By Product Type 16.9.2.2. By Formulation 16.9.2.3. By Application 16.9.2.4. By Sales Channel 16.9.2.5. By Price 16.10. China 16.10.1. Pricing Analysis 16.10.2. Market Share Analysis, 2022 16.10.2.1. By Product Type 16.10.2.2. By Formulation 16.10.2.3. By Application 16.10.2.4. By Sales Channel 16.10.2.5. By Price 16.11. Japan 16.11.1. Pricing Analysis 16.11.2. Market Share Analysis, 2022 16.11.2.1. By Product Type 16.11.2.2. By Formulation 16.11.2.3. By Application 16.11.2.4. By Sales Channel 16.11.2.5. By Price 16.12. South Korea 16.12.1. Pricing Analysis 16.12.2. Market Share Analysis, 2022 16.12.2.1. By Product Type 16.12.2.2. By Formulation 16.12.2.3. By Application 16.12.2.4. By Sales Channel 16.12.2.5. By Price 16.13. Singapore 16.13.1. Pricing Analysis 16.13.2. Market Share Analysis, 2022 16.13.2.1. By Product Type 16.13.2.2. By Formulation 16.13.2.3. By Application 16.13.2.4. By Sales Channel 16.13.2.5. By Price 16.14. Thailand 16.14.1. Pricing Analysis 16.14.2. Market Share Analysis, 2022 16.14.2.1. By Product Type 16.14.2.2. By Formulation 16.14.2.3. By Application 16.14.2.4. By Sales Channel 16.14.2.5. By Price 16.15. Indonesia 16.15.1. Pricing Analysis 16.15.2. Market Share Analysis, 2022 16.15.2.1. By Product Type 16.15.2.2. By Formulation 16.15.2.3. By Application 16.15.2.4. By Sales Channel 16.15.2.5. By Price 16.16. Australia 16.16.1. Pricing Analysis 16.16.2. Market Share Analysis, 2022 16.16.2.1. By Product Type 16.16.2.2. By Formulation 16.16.2.3. By Application 16.16.2.4. By Sales Channel 16.16.2.5. By Price 16.17. New Zealand 16.17.1. Pricing Analysis 16.17.2. Market Share Analysis, 2022 16.17.2.1. By Product Type 16.17.2.2. By Formulation 16.17.2.3. By Application 16.17.2.4. By Sales Channel 16.17.2.5. By Price 16.18. GCC Countries 16.18.1. Pricing Analysis 16.18.2. Market Share Analysis, 2022 16.18.2.1. By Product Type 16.18.2.2. By Formulation 16.18.2.3. By Application 16.18.2.4. By Sales Channel 16.18.2.5. By Price 16.19. South Africa 16.19.1. Pricing Analysis 16.19.2. Market Share Analysis, 2022 16.19.2.1. By Product Type 16.19.2.2. By Formulation 16.19.2.3. By Application 16.19.2.4. By Sales Channel 16.19.2.5. By Price 16.20. Israel 16.20.1. Pricing Analysis 16.20.2. Market Share Analysis, 2022 16.20.2.1. By Product Type 16.20.2.2. By Formulation 16.20.2.3. By Application 16.20.2.4. By Sales Channel 16.20.2.5. By Price 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Regional 17.3.2. By Product Type 17.3.3. By Formulation 17.3.4. By Application 17.3.5. By Sales Channel 17.3.6. By Price 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Akzo Nobel N.V. 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.1.5.2. Product Strategy 18.1.1.5.3. Channel Strategy 18.1.2. Sherwin – Williams Company 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.2.5.2. Product Strategy 18.1.2.5.3. Channel Strategy 18.1.3. PPG Industries, Inc. 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.3.5.2. Product Strategy 18.1.3.5.3. Channel Strategy 18.1.4. Asian Paints Limited 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.4.5.2. Product Strategy 18.1.4.5.3. Channel Strategy 18.1.5. NIPSEA GROUP (Nippon Paint) 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.5.5.2. Product Strategy 18.1.5.5.3. Channel Strategy 18.1.6. Valspar Corporation 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.6.5.2. Product Strategy 18.1.6.5.3. Channel Strategy 18.1.7. Jotun 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.7.5.2. Product Strategy 18.1.7.5.3. Channel Strategy 18.1.8. BASF-SE 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.8.5.2. Product Strategy 18.1.8.5.3. Channel Strategy 18.1.9. Berger Paints India Limited 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.9.5.2. Product Strategy 18.1.9.5.3. Channel Strategy 18.1.10. RPM International Inc. 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 18.1.10.5.2. Product Strategy 18.1.10.5.3. Channel Strategy 18.1.11. KANSAI Paints Co., Ltd. 18.1.11.1. Overview 18.1.11.2. Product Portfolio 18.1.11.3. Profitability by Market Segments 18.1.11.4. Sales Footprint 18.1.11.5. Strategy Overview 18.1.11.5.1. Marketing Strategy 18.1.11.5.2. Product Strategy 18.1.11.5.3. Channel Strategy 19. Assumptions & Acronyms Used 20. Research Methodology
Chemicals & Materials
May 2024
REP-GB--9435
309 pages
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Decorative Paints Market
