International Institute of Management Studies

Paint Sector PRESENTED BY-

UMANG PATEL
SALONI DIWAKAR
AMISHA RATAN
DEVENDRA SINGH
• Paint industry falls under the category of
surface coating industry.
• Most heavily regulated industry in the
world.
• Products includes:-
Architectural coatings
Industrial coating Introduction
Special forces coating .

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Sector Overview

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Domestic & International Overview

Domestic International
• The Indian paint industry is a Rs 49 • Estimated value in 2021-: 160 billion
billion sector. • By 2029 sector market value will surpass
• Industrial paint segment accounts for 235 billion U.S dollars
30% of the paint market while the
decorative paint segment accounts for
70% of paints.

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Market Share & Size

Share Size
0.4

29.72 27.38

16
12.5
7

Paints Ecommerce Realstate FMCG

Automobile IT & ITES Others

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 Leading Players
Domestic International
•Asian Paint
•Berger Paints​ •The Sherwin-Williams Co.
•Kansai Nerolac Paints​ •PPG Industries.
•AkzoNobel India •AkzoNobel.
•Indigo Paints •Nippon Paint Holdings Co.
•RPM International Inc.

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 Top Three Companies Top Three Companies

The Sherwin-Williams Co. PPG Industries AKZO Nobel

• PPG Industries stands for
• AKZO Nobel has operations in
Pittsburg Paints and Glass and
• The Sherwin-Williams Co. The over 150 countries, and has a
has a operations in over 70
company has operations in over market capitalization of 14.01
countries .It’s market
120 countries. It has a market Billion USD
capitalization is 32.51 Billion • Headquarter-Amsterdam,
capitalization of 62.886 Billion
USD
USD Netherlands.
• Headquarter- Creighton,
• Headquarter- Cleveland, Ohio
Pennsylvania

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 Michael Porter 5 Forces model
Hhbb-

Threat of Substitute
-Low

Bargaining power of Bargaining power of

lry
Supplier Industries Riva Buyer
-Moderate
-Medium -Moderate

Threat of new Entrants

-Low
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Government Initiatives

Pradhan
Housing Smart City
Mantri
for all Mission
Awas Yojana

9
Recent Developments
• Sustainability and Eco-friendly Paints
• Smart and Functional Paints
• Digitalization and Virtual Tools
• Personalization and Customization

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 Employment Trends & Opportunities

 Revival in GDP growth accelerating the

overall paint industry
 Growing industrial base propelling the
growth of industrial paint
 Growing disposable income in rural area
accelerating the demand
 Virtual visualization experience
techniques enhancing better decision
making

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Conclusion

The contribution of industrial

The Indian paint Industry has segment will increase with
a wide potential for growth. the continuing economic
development of the country.

The decorative to industrial

paint ratio of 70:50 is The future prospects of the
expected to move towards industry are strong.
the global average of 50:50.

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 Bibliography
• Top 100 Paint Companies In The World (2023) – peakng.com
• Paint Industry in India Size, Share & Market Analysis (mordorintelligence.com)
• https://www.mordorintelligence.com/industry-reports/india-paints-and-coatin
gs-market#:~:text=India%20Paints%20%26%20Coatings%20Market%20Analysi
s,period%20(2023%2D2028
• https://medium.com/@kingshuk.mahanty3608/indian-paint-industry-its-leade
r-one-of-my-favourite-sector-cd40f6c4aea9

• Overview Of Indian Paint & Coating Industry In 2021 | Coatings World

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Thank You

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