Industry Analysis & Industry Trends
Demand from key markets will spur revenue growth in the coming years. Paint manufacturers are poised for recovery due to an uptick in automobile production and construction activity. However, rising input prices and competitive pressures will limit profit growth, while stricter environmental regulations will increase operating costs. Due to these trends, operators will focus on improving efficiency and increasing economies of scale... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a medium level of industry concentration, reflecting its fragmented nature and the existence of a large number of small mom-and-pop paint formulators, though many of these are gradually disappearing as consolidation continues. Of the 798 industry players in operation in 2014, the majority are small enterprises: 92.0% of establishments employ fewer than 100 workers, according to data from the US Census Bureau. In 2014, the top four industry players will account for 41.3% of industry revenue.
Concentration has increased since 2009, when the same four companies generated just 33.4% of total industry revenue... purchase to read more