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The ascent in Paint industry is thankful to tinting machine: Paint industry has boosted at its best – Bonafide Research.
Featured Companies
1. Akzo Nobel India Limited
2. Asian Paints Limited
3. Berger Paints India Limited
4. Kansai Nerolac Paint Limited
5. Pidilite Industries Limited
The report titled "India paint Market Overview, 2022-2028" provides a comprehensive analysis of the paint in India. The report offers a complete guide to the size and share of the market at a national level. Along with historic data, it also provides the latest sales data - thus allowing you to identify the market segments driving growth. The report also identifies leading companies and brands, along with examining competition among them. Forecasts through four years demonstrate how the market is set to change in coming years. Bonafide Research employs comprehensive and iterative research methodology focused on minimizing errors in order to provide the most accurate estimates and forecast possible.
India Paint Market Overview, 2022- 2028
India Paint market has fetched growth rate around 6.5% volume wise in last six years starting from 2016-17 to 2021-22. Total Paint market is combination of organised market and unorganised market. Both are further segmented into decorative paints and industrial paints. Nowadays Paint using water in place of solvent, Introduction of solar reflective coatings and eco-friendly paints are the major trends in paint industry. With the increasing share of organised market in the paint sector and increasing penetration in the rural market, the market for paint is growing at very fast rate.
Major companies that operate into the Paint market in India are Asian Paints Ltd, Berger Paints Ltd, Akzo Nobel India, Kansai Nerolac Paint Ltd, Pidilite Industries Ltd, Jenson & Nicholson India Ltd, Shalimar Paints Ltd, Snowcem Paints Pvt Ltd, British Paints India Ltd, Jotun India Pvt Ltd, Mysore Paints And Varnish Ltd, British Paints, Birla White, Gem Paints, Suraj Coats, Apollo Paints Pvt Ltd, Advance Paints Pvt Ltd And Nippon Paints.
Considered for the Report:
Geography: India
Base Year: FY 2021-22
Estimated Year: FY 2022-23
Forecast Year: FY 2027-28
Objective of the study:
• To present an Indian outlook on Paint industry.
• To analyze and forecast the market size of India Paint, in terms of value.
• To analyze and forecast the market size of India Paint, in terms of volume.
• To define, classify and forecast Paint market on the basis of segments like Organised and unorganised Paint market.
• To further define and forecast India Paint Market on the basis of Product type like Decorative paints and Industrial paints.
• To strategically profile leading players, which are operating in the Paint industry of India
Approach for the Report:
Bonafide Research performed primary as well as secondary research for this study. Initially, a list of manufacturers and suppliers operating in the paint market of India were sourced through secondary sources. With the identified companies and consumers, primary research was carried out which included conducting online surveys, competitor analysis and exhaustive personal interviews - both face to face as well as telephonic basis, to extract maximum information from participants like industry executives/ distributors or consumers. Primary research gave us an idea of company revenues, export, pricing, geographical presence, channel partner model, USP etc. and also helped us to identify various small players who otherwise have less presence on the web.
Bonafide Research seeks secondary data from third-party sources such as published articles, company websites, magazine articles, associations, trade journals, annual reports, government official websites and other paid database sources. In addition, data is also mined from a host of reports in our repository, as well as a number of paid databases of Indian government. Using both primary and secondary information, Bonafide Research calculated the market size through a bottom-up approach, where manufacturers’ value sales data for different types of Paint were recorded and subsequently forecasted for the future years.
Scope of the Report:
“India Paint Market Overview, 2022-2028” discusses the following aspects of Paint market in India:
- India Paint Market Outlook
- India Paint Market Size By Value & Forecast
- India Paint Market Size By Volume & Forecast
- India Paint Market Segmental Analysis: By Company, By Category, By Segment,
- India Paint Organised Market Size By Value & Forecast
- India Paint Organised Market Size By Volume & Forecast
- India Paint Unorganised Market Size By Value & Forecast
- India Paint Unorganised Market Size By Volume & Forecast
- India Paint Decorative Market Size By Value And Forecast
- India Paint Decorative Market Size By Volume And Forecast
- India Paint Decorative Market Share By Product Type
- India Paint Industrial Market Size By Value And Forecast
- India Paint Industrial Market Size By Volume And Forecast
- India Paint Industrial Market Share By Product Type
- Product Price Variant
- Key Vendors in This Market Space
Intended Audience:
This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to Paint industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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