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 - Starting a New Business Chapter
The Paint and Coatings Manufacturing industry is characterised by its decline life cycle stage, oligopolistic-style market and high production costs.
The Paint and Coatings Manufacturing industry is characterised by a considerable, and increasing, degree of market concentration, which is exacerbated by the existence of vertical integration, which extends to the downstream operation of company-owned stores. This in itself can act as a major barrier to entry, as can the existence of established and comprehensive distribution networks, including those with big box retailers Bunnings and Masters... purchase to read more