Brush over trouble: Green ideals and procurement policies influence demand for industry products

The Paint, Coatings and Printing Ink Manufacturing industry has declined over five years through 2017-18, with falling demand from mature end-user industries leading to a degree of consolidation. Another characteristic of the industry is that it is dominated by a few global players with strong national, regional and global brand names at different price points and in various product segments. A number of businesses also operate on a vertically integrated basis so that competition occurs across the supply chain, rather than just at the manufacturing level.The industry experienced strong growth at the beginning of the period, due to increasing downstream demand from department stores and furniture, lighting and homeware retailers...read more.

Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 13-18
-0.4%
Forecast Growth 18-23
Profit
Employment
18,087
Businesses
420

Industry Threats & Opportunities

  • Various forces are expected to continue to put pressure on the industry and weigh on growth
  • Many major players moved towards increasing value added by focusing more on customer service
  • Strong renovation and residential construction activity is forecast to support industry growth
  • Industry Report - Industry Products Chapter

    The industry is involved in the production of a wide range of paints, timber finishes and other surface coatings for the decoration and protection of surfaces against wear, weather and corrosion. The industry also produces thinners, mastics, sealants and fillers, which service a similar market. It is also involved in the production of printing ink and prepared pigments and dyes, opacifiers and colours.Decorative paintsThe largest product segment in terms of volume produced is decorative paints, which are estimated to account for 40% of revenue. This segment includes all types of paint used for general decorative and protective purposes, including undercoats, top coats and thinners. The...purchase to read more.

    Additional Insights for the Paint, Coatings & Printing Ink Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Paint, Coatings & Printing Ink Manufacturing Industry are

  • Control of distribution arrangements
  • Access to niche markets
  • Access to the latest available and most efficient technology and techniques
  • IBISWorld analysts also discuss how external factors such as Industrial production index and Capital expenditure on dwellings in the Paint, Coatings & Printing Ink Manufacturing industry impact industry performance..

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    What's in this report

    What is the Paint, Coatings & Printing Ink Manufacturing Industry?

    Companies in this industry are predominantly involved in the manufacture of paints, varnishes and similar coatings (such as enamels or lacquers) along with mastics and sealants. The industry also includes those involved in the manufacture of printing ink.

    Industry Products
  • Decorative paints
  • Industrial coatings
  • Woodcare
  • Printing inks
  • Pigments, dyes, opacifiers, vitrifiable enamels, glazes and engobes
  • Industry Activities
  • Paint, varnish, enamel or lacquer
  • Prepared pigment and dye, opacifier and colour
  • Vitrifiable enamel, glaze, engobe and similar preparation
  • Mastic
  • Caulking compound and similar non-refractory filling or surfacing preparation
  • Organic composite solvent and thinner
  • Prepared paint or varnish remover
  • Printing ink
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Industrial production index
  • Capital expenditure on dwellings
  • Demand from motor vehicle manufacturing
  • Demand from printing
  • Demand from painting

  • Current Performance
  • Fresh coat required
  • Profit stripped
  • Employment and enterprises
  • Environmental products
  • Chart: Revenue Growth

  • Industry Outlook
  • Shining through
  • Trade activity
  • Green industry
  • Table: Paint, Coatings & Printing Ink Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Paint, Coatings & Printing Ink Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Newspaper Printing
  • Printing
  • Motor Vehicle Manufacturing
  • Residential Building Construction

  • Key Selling Industries
  • Dye & Pigment Manufacturing
  • Organic Basic Chemical Manufacturing

  • Products & Services
  • Decorative paints
  • Industrial coatings
  • Printing inks
  • Pigments, dyes, opacifiers, vitrifiable enamels, glazes and engobes
  • Other
  • Woodcare
  • Chart: Paint, Coatings & Printing Ink Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Consumers and tradesmen
  • Industrial users
  • Printers
  • Chart: Major Market Segmentation for the Paint, Coatings & Printing Ink Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Paint, Coatings & Printing Ink Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Paint, Coatings & Printing Ink Manufacturing Industry

  • Industry Globalization
    Imperial Chemical Industries Limited, PPG Industries Inc, Crown Paints Ltd,
  • Table: Imperial Chemical Industries Limited - financial performance
  • Table: PPG Industries Inc - financial performance
  • Table: Crown Paints Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Paint, Coatings & Printing Ink Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Paint, Coatings & Printing Ink Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Decorative Paints
  • Paints are aimed specifically at the domestic market and include all clear and pigmented coatings for use on both interior and exterior surfaces for decorative and/or protective purposes.
  • Industrial Coatings
  • These include paints/coatings used or applied in manufacturing processes.
  • Original Equipment Manufacturer (Oem)
  • A company that manufactures products or components that are purchased by another company and retailed under that purchasing company's brand name.
  • Pigments
  • The pigment provides the colour of the paint. The most common white pigment used is titanium dioxide.
  • Printing Inks
  • Specialised surface coating designed to mark a substrate. They contain a high proportion of pigment.
  • Sealants
  • A viscous material that is used to prevent the penetration of air, gas, dust or liquid from one location through a barrier into another.
  • Varnish
  • A transparent, hard, protective finish or film predominantly used in wood finishing, although they can also be used on other materials.
  • Volatile Organic Compound
  • Organic chemicals that have a high vapour pressure at room temperature.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Paint, Coatings & Printing Ink Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Paint, Coatings & Printing Ink Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Paint, Coatings & Printing Ink Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Paint, Coatings & Printing Ink Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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