Industry Analysis & Industry Trends
The Paint, Coatings and Printing Ink Manufacturing industry has had a volatile performance over five years through 2016-17, 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.
Since 2010-11, industry revenue has only expanded marginally overall, with falls at the start of the period reflecting downturns in many of the industry's key drivers... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is currently characterised by the mature stage in its life cycle, with clearly defined product segments, the continued rationalisation of products and brands and a fairly slow rate of technological change all prominent features of the industry. Of particular interest is the significant number of mergers and acquisitions that have occurred over the past decade as players endeavour to increase economies of scale, market share and profitability. This has occurred within all major product segments, although it is anticipated to slow in future years.
The industry's client base has also consolidated with local operations either being closed down or relocated to cheaper, offshore locations. The coatings industry has followed suit to an extent. Ove.. purchase to read more