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What is Indian Paint Industry Growth Insights about?

The Indian paint industry has grown at a CAGR of 12-13% over the last decade and is expected to grow at 11-12% over the next 5 years. Decorative paints account for 75% of the market, while industrial paints make up the remaining 25%. Asian Paints leads the market with over 40% share, followed by Kansai Nerolac and Berger Paints. While the industry has been impacted by recent economic slowdowns, the future remains bright, especially for the industrial paints segment.

Author

tanmoyIIPM

Language

EN