Industry Analysis & Industry Trends
The first commercial production of paint in Australia dates back to the 1850s. Over the past century, the Paint and Coatings Manufacturing industry recorded strong growth in line with Australia's industrial development, before entering a slower growth phase as the industry matured. Today, it remains a relatively important component of Australia's broader chemical segment.
One of the defining characteristics of the industry is the dominant position held by a few major players with a strong stable of national and global brand names within different price points and product segments. These major players operate on a vertically integrated basis so that competition occurs across the supply chain rather than just at the manufacturing level... purchase to read more
Industry Report - Industry Analysis Chapter
The Paint and Coatings Manufacturing industry has been characterised by its sluggish performance over the five years through 2013-14, with revenue expected to decrease by an annualised 1.2% to $3.3 billion. A downturn in the dwelling construction sector and a structural decline in the local printing and automotive industries have contributed to this weak performance. On a more positive note, some segments of the industry have benefited from increased activity in the Construction division due to the government's various stimulus packages, including its education building program... purchase to read more