Industry Analysis & Industry Trends
The Paint and Coatings Manufacturing industry is an important component of Australia's broader chemical manufacturing sector. The industry includes major players with strong national and global brand names across different pricepoints and product segments. These major players are vertically integrated, so competition occurs across the supply chain rather than just at the manufacturing level.
The industry's performance over the past five years has been held back by cyclical variations in Australia's housing market and the gradual structural decline of local printing firms and motor vehicle manufacturers. Industry revenue is expected to contract by an annualised 1.3% over the five years through 2016-17, to reach an estimated $2.9 billion. This includes a forecast 8.1%... purchase to read more
Industry Report - Industry Analysis Chapter
The performance of the Paint and Coatings Manufacturing industry has been volatile over the past five years. Revenue slumped in 2011-12 and 2012-13, before staging a mild recovery in subsequent years. Industry revenue is expected to fall at an annualised 1.3% over the five years through 2016-17, to $2.9 billion. This includes a forecast 8.1% dip in the current year, as demand from the industrial market declines on the exit of Ford from local motor vehicle manufacturing. Furthermore, the projected fall in housing investment will affect demand in the current year, as well as falling demand for printing inks, automotive original equipment manufacturing (OEM) paints and protective coatings... purchase to read more