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. Despite now being in a decline phase, it remains a relatively important component of Australia's broader chemical segment.
One of the defining characteristics of the industry is the dominant position of a few major players that have a strong stable of national and global brand names within 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... purchase to read more
Industry Report - Industry Key Buyers Chapter
While aggregate concentration for the Australian paint industries is considered high, it is slightly lower at the manufacturing level due to distinctive product and market segments. At this level, IBISWorld estimates that the four largest participants supply just over 60.0% of the market for industry products, which suggests a medium level of concentration. Reflecting the characteristics of the worldwide industry, the Australian Paint and Coatings industry is dominated by the local subsidiaries of the top global players. The largest four players are DuluxGroup, PPG Industries, Valspar Paint and Akzo Nobel Coatings.
In the case of the ink product segment, the market share commanded by the various global major players varies between product segments... purchase to read more