Industry Analysis & Industry Trends
Strong performance in downstream industries has fueled 13.8% annualized growth in the Paint Manufacturing industry in China over the five years through 2013. In 2013, industry revenue is set to grow 12.9% to reach $53.1 billion. Offsetting strengthened macro-controls on China's real estate market is increasing demand from the construction of indemnificatory and low-rent houses and old house renovation.
Weakening international markets due to the European debt crisis and the appreciation of the yuan have led to a slowdown in exports and imports. Over the five years through 2013, export values fell 2.6% per year on average, and import values fell at an annualized rate of 1.9%.... purchase to read more
Industry Report - Industry Analysis Chapter
Over the five years to 2013, industry revenue has been increasing at an annualized rate of 13.8% to $53.1 billion. Although the Chinese government implemented several policies to cool the downstream real estate sector, with increasing demand from the construction of indemnificatory and low-rent houses and old house renovation and recovery in automobile market, industry growth is estimated at 12.9% in 2013.
As the global recession deepened in 2009, the Chinese government actively promoted policies to stimulate economic development via stimulus packages. For the year, the Automobile Manufacturing (IBISWorld industry report 3721) industry and China's real estate sector developed strongly... purchase to read more