Friday, June 20, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Manufacturing

Indian paint industry set for 12% CAGR

Fiinews by Fiinews
March 9, 2020
in Manufacturing
Reading Time: 1 min read
A A
0
Shalimar Paints
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Shift to high quality paints

The Indian paint industry is expected to grow at a CAGR of around 12% during 2018-2019 to 2021-2022 in value terms, according to a report from ResearchAndMarkets.

The 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, said the “India Paint Industry Outlook 2022” report.

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, odour free, and dust & water-resistant paints, are major drivers that are propelling the growth of the paint market in India.

As per the report finds, decorative paints has the maximum demand.

The report also includes a business overview of key industry players, such as Asian Paints, Kansai Nerolac, Berger Paints, AkzoNobel and Shalimar, along with the comprehensive outlook of the sector’s present and future scenario. fiinews.com

Tags: ResearchAndMarkets
ShareTweetShare

Related Posts

Make In India - Defence
Manufacturing

Manufacturing: DAP review initiated, says Ministry

by Fiinews
June 20, 2025
0
12

Acquisition being align procedures with Govt policies Following the declaration of 2025 as the 'Year of Reforms', the Ministry of...

Grainspan
Manufacturing

Manufacturing: Grainspan supplies ethanol to OMCs

by Fiinews
June 16, 2025
0
14

Ahmedabad plant takes advantage of Govt interest subsidy Encouraged by the Union Food Ministry's interest subsidy scheme, Grainspan Nutrients’ two...

Garuda Aerospace

Manufacturing: Agri-Drone Facility inaugurated

June 15, 2025
16
Clearsynth

Manufacturing: TDB supports Clearsynth project

June 14, 2025
14
Minda

Manufacturing: JV to make auto switches in Noida

June 13, 2025
16
Solarium

Manufacturing: Solarium’s 1,000MW Ahmedabad plant

June 12, 2025
14
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tech: LTIMindtree launches AI ecosystem
  • Market: Furniture demand set for 11.42% CAGR
  • Tech: Sonatype opens Hyderabad centre to scale AI
  • Market: Minister reaffirms commitment to FTA
  • Manufacturing: DAP review initiated, says Ministry

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.