According to the research report “India Paints Industry Outlook to 2017 - Rising Urbanization and Advent of Environment Friendly Paints” by Ken Research, the India Paints market would grow at a considerable CAGR rate thus exceeding USD 12,430 million by 2017 due to the major thrust from rising urbanization and growing disposable incomes.
“The increasing population in both rural and urban areas coupled with the increasing disposable incomes, will facilitate the growth of the industry as the demand for paints will augment from both the new constructions of the residential units as well from the repainting segment as aesthetic tastes improve”, according to the Research Analyst, Ken Research.
The report provides detailed overview on the paints market in India and aids readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, paint companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in future.
For more information on the industry research report please refer to the below mentioned link: