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 SWOT Analysis Chapter
The industry is in the mature phase of its life cycle because of its low growth rate, product saturation, market acceptance and acquisition activity. After a bad patch during the recession, the industry began to recover in 2010 and will continue to strengthen throughout much of the 10 years to 2020. Industry value added (IVA), which measures an industry's overall contribution to the economy, is expected to increase at an average annual rate of 1.9% from 2010 to 2020, which is roughly in line with expected annualized GDP growth rate of 2.5% over the same period.
The existence of clearly segmented product groups and user industries and the fairly stable nature of industry products, brands and ownerships also indicate a mature industry... purchase to read more