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FOR IMMEDIATE RELEASE
India Paint Market Outlook – Paint companies focusing on increasing retail presence and production
Netscribes, Inc. launches a report on Paint Market in India 2015 covering a market with strong growth
potential. It is a part of Netscribes’ Energy Series.
Mumbai, India – February 11, 2015 – Global market intelligence firm, Netscribes, Inc. released its latest
report on the ‘Paint Market in India 2015’. The industry in India is driven by growth in not only
construction activities but also in automotive industry. Media exposure and innovative marketing
initiatives by the players have only added to increasing awareness about latest trends prevalent in the
sector. Due to increased Government funding for infrastructure, demand for paints both in industrial and
decorative segment is set to rise, thereby rendering Indian paint industry to be poised for further growth.
A further analysis of the key drivers and challenges of the market indicate the factors for growth of the
market including growth in real estate construction, growth in automotive industry, growth in industrial
sector, growth in disposable income, low penetration and increased Government expenditure on
infrastructure. India is an emerging economy and with a rising GDP and the subsequent growth in
industrial activities and infrastructural developments. Aided with increased Government spending on
infrastructure in India, market is optimistic about its impact on the paint industry. For new constructions,
paint has become an integral component of the development stage. Another factor boosting the market
is the growth in the automotive industry which creates huge demand for industrial paints. Further, with
enhanced level of communication in terms of media exposure, awareness about latest trends governing
the sector has reached a whole host of consumers. Fulfilling needs to look unique becomes possible with
more disposable income at the hands of people which is seen to be on an upward trend. Moreover, low
per capita consumption of paints in India provides enough opportunity for further growth in this sector.
However, the sector is also facing certain challenges. Factors like rising input prices and stringent
environmental regulations pose as a barrier for growth.
To conclude, the paint industry has a promising future in India, provided players in the market implement
innovation and cutting edge technology to combat the negative factors.
For more details on the content of each report and ordering information please contact:
Phone:+91 22 4098 7600
E-Mail: info@netscribes.com
About Netscribes
Netscribes (www.netscribes.com ) is a pioneering knowledge consulting and solutions firm with clientele
across the globe. The company’s expertise spans areas of investment & business research, business &
corporate intelligence, publishing services and customized knowledge database creation. At its core lies a
true value proposition that draws upon a vast knowledge base.
For more information please write to info@netscribes.com

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Market Research Report : Paint market in india 2015 - Press release

  • 1. FOR IMMEDIATE RELEASE India Paint Market Outlook – Paint companies focusing on increasing retail presence and production Netscribes, Inc. launches a report on Paint Market in India 2015 covering a market with strong growth potential. It is a part of Netscribes’ Energy Series. Mumbai, India – February 11, 2015 – Global market intelligence firm, Netscribes, Inc. released its latest report on the ‘Paint Market in India 2015’. The industry in India is driven by growth in not only construction activities but also in automotive industry. Media exposure and innovative marketing initiatives by the players have only added to increasing awareness about latest trends prevalent in the sector. Due to increased Government funding for infrastructure, demand for paints both in industrial and decorative segment is set to rise, thereby rendering Indian paint industry to be poised for further growth. A further analysis of the key drivers and challenges of the market indicate the factors for growth of the market including growth in real estate construction, growth in automotive industry, growth in industrial sector, growth in disposable income, low penetration and increased Government expenditure on infrastructure. India is an emerging economy and with a rising GDP and the subsequent growth in industrial activities and infrastructural developments. Aided with increased Government spending on infrastructure in India, market is optimistic about its impact on the paint industry. For new constructions, paint has become an integral component of the development stage. Another factor boosting the market is the growth in the automotive industry which creates huge demand for industrial paints. Further, with enhanced level of communication in terms of media exposure, awareness about latest trends governing the sector has reached a whole host of consumers. Fulfilling needs to look unique becomes possible with more disposable income at the hands of people which is seen to be on an upward trend. Moreover, low per capita consumption of paints in India provides enough opportunity for further growth in this sector. However, the sector is also facing certain challenges. Factors like rising input prices and stringent environmental regulations pose as a barrier for growth. To conclude, the paint industry has a promising future in India, provided players in the market implement innovation and cutting edge technology to combat the negative factors. For more details on the content of each report and ordering information please contact: Phone:+91 22 4098 7600 E-Mail: info@netscribes.com About Netscribes Netscribes (www.netscribes.com ) is a pioneering knowledge consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, publishing services and customized knowledge database creation. At its core lies a true value proposition that draws upon a vast knowledge base. For more information please write to info@netscribes.com