A fresh coat: Firms have been moving towards higher margin, environmentally sustainable paints

A range of factors have influenced the Decorative and Specialty Paint Manufacturing industry over the past five years. The industry mainly relies on demand from households, and painters and decorators. These markets usually purchase industry products when a newly constructed dwelling needs to be painted or when a property changes ownership. Activity in Australia’s residential construction sector and renovation markets therefore often filters upstream, influencing demand patterns for architectural and decorative (A&D) paints produced by the industry. Consumer sentiment also influences the industry’s performance. Positive consumer sentiment indicates that households have greater confidence about the general economy and their finances...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • Subdued demand conditions in the residential construction sector have affected the industry
  • Employment numbers have fallen as larger firms have automated their production processes
  • Firms will increasingly produce environmentally friendly acrylic paints and new low VOC paints
  • Industry Report - Industry Products Chapter

    Industry operators manufacture a range of decorative and specialty paints used for painting both the interiors and exteriors of buildings. Decorative paints, also referred to as architectural paints, account for the bulk of industry revenue. Industry products are divided based on the proportion of revenue that each segment generates.Interior decorative paintsInterior decorative paints are used inside residential houses and other buildings. Water-based paints are typically applied to internal walls and ceilings. Although oil-based paints have declined in prevalence due to environmental concerns, these products are still often used for trim work on interior skirting boards, architraves and doorframes. The...purchase to read more.

    Additional Insights for the Decorative and Specialty Paint Manufacturing Industry

    IBISWorld has determined the most important Key Success Factors for the Decorative and Specialty Paint Manufacturing are:

  • Establishment of brand names
  • Having contacts within key markets
  • Ability to accommodate environmental requirements
  • IBISWorld analysts also discuss how external factors such as Demand from painting and decorating services and Consumer sentiment index in the Decorative and Specialty Paint Manufacturing industry impact industry performance..

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    What's in this report

    What is the Decorative and Specialty Paint Manufacturing Industry?

    Companies the industry primarily manufacture decorative paints, including architectural paints used by households, DIY enthusiasts and some commercial operators. The industry also manufactures specialty paints, such as artists’ colours and casein paints.

    Industry Products
  • Exterior decorative paints
  • Interior decorative paints
  • Specialty paints
  • Industry Activities
  • Decorative paint
  • Architectural paint
  • Artists' colours
  • Casein paints
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from painting and decorating services
  • Consumer sentiment index
  • Dwelling commencements
  • Number of housing transfers

  • Current Performance
  • Industry participation
  • Industry profitability
  • Housing market
  • Import competition
  • Chart: Revenue Growth

  • Industry Outlook
  • Import competition
  • Sustainability
  • Table: Decorative and Specialty Paint Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Decorative and Specialty Paint Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • House Construction
  • Painting and Decorating Services
  • Hardware and Building Supplies Retailing
  • Hardware Wholesaling

  • Key Selling Industries
  • Basic Inorganic Chemical Manufacturing
  • Basic Organic Chemical Manufacturing

  • Products & Services
  • Interior decorative paints
  • Exterior decorative paints
  • Specialty paints
  • Chart: Decorative and Specialty Paint Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Wholesalers
  • Retailers
  • Exports
  • Chart: Major Market Segmentation for the Decorative and Specialty Paint Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and other
  • Chart: Cost Structure Benchmarking – Sector vs Decorative and Specialty Paint Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Decorative and Specialty Paint Manufacturing Industry

  • Industry Globalization
    DuluxGroup Limited, Sherwin-Williams (Australia) Pty Ltd, PPG Industries Australia Pty Ltd,
  • Table: DuluxGroup Limited - financial performance
  • Table: Sherwin-Williams (Australia) Pty Ltd - financial performance
  • Table: PPG Industries Australia Pty Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Decorative and Specialty Paint Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Decorative and Specialty Paint Manufacturing Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    A&D Paint
  • Stands for Architectural and decorative paint and includes both water and solvent based interior and exterior paints.
  • Big-Box Stores
  • Warehouse-style retail outlets that offer a diverse range of products.
  • Do-It-Yourself (Diy)
  • Renovations and refurbishments completed by homeowners rather than by hired skilled tradespeople.
  • Volatile Organic Compounds (Vocs)
  • Organic chemicals that have a high vapour pressure at room temperature. VOCs that are used in paint production can be environmentally harmful.
  • What Our Customers Say

    Why buy this report?

    The Decorative and Specialty Paint Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
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    • Inform your decisions for marketing, strategy and planning
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    This report on Decorative and Specialty Paint Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Decorative and Specialty Paint Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Decorative and Specialty Paint Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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