Published on May 18, 2015
The total market for paints and coatings is forecast to rise to more than 307.9 thousand tonnes by 2018, it is equivalent to an average annual growth of 2.6%. Architectural and decorative coatings for consumer and professional uses account for around 76% of the total market. The decorative and architectural paints segment is expected to show good growth rates in near term. As per the recent report, Industrial paints maker Kansai Nerolac has decided to set up a manufacturing unit in Gujarat at a ..
Published on May 18, 2015
The Indian cosmetic industry has seen rapid strides over the past few years. With the development of cosmetic industry in the country, there has been invasion of many international brands. The entry of more number of cosmetic brands in the Indian market has also been motivated by growing demand of branded products among people due to violent advertising strategies of players coupled with huge western influence. Global Cosmetics and Toiletries market is witnessing significant growth over the pas ..
Published on May 11, 2015
The Indian sector will be getting its new policies being finalized by the Indian government in near future. The highlight of the policy is to boost textile exports. The policy aims to achieve $300 billion textile exports by 2024-25and foresees creation of further 35 million jobs. The Textiles Ministry has set up an expert committee headed by Ajay Shankar, member secretary, national manufacturing competitiveness council for review and revamp the textile policy2000. "The expert committee has sinc ..
Published on May 11, 2015
The first quarter was weak for all the laminate and plywood industry but all the organized players are looking for the double digit growth for this fiscal. As per the report the plywood stock are hot and have become eye stopper for analyst and experts during last six months. GCP source said that, the organized plywood and laminate segment is growing at healthy double digits growth for specially branded segment. After a stable government and improving demand environment and brand pull, market pl ..
Published on May 4, 2015
Indian beauty industry is expected to grow rapidly in the coming years. It grew twice as fast as that of the US and European market last year. Currently Indian beauty industry is valued at USD 4.6 billion. In the next couple of years beauty industry is anticipated to grow with a very positive rate of knot. As per the report, the beauty industry a single brand alone creates over 150,000 jobs every year. Many of them are skill based and give associates an opportunity to not only work for the bran ..
Published on May 4, 2015
Rise in demand of green products is escalating the demand for Adhesives industry to focus on environment friendly products in India. The automotive market also offers significant potential for new opportunities. Market analysts said that the spending of low-cost adhesives and sealants in a variety of low- to medium-performance applications is considerable, but the overall market for these products is flat. However, in higher performance components of the industry, the prospects for growth are g ..
Published on April 27, 2015
Plastic industry has been making remarkable contribution towards the economic development and growth of various key sectors in the country namely: Automotive, Agriculture, Construction, Electronics, Healthcare, Textiles and FMCG etc. India observes significant regional diversity in consumption of plastics with Western India accounting for 47%, Northern India for 23% and Southern India for 21%. Bulk of the consumption in Northern India is from end use industries of Auto, packaging (including bulk ..
Published on April 27, 2015
India is the second largest coating market in Asia after China. In the past decades, paint consumption was very high and achieving double digit growth rate. In 2012-2013, the coatings industry witnessed a slowdown. Economic growth in the country failed to achieve the rates encountered in previous years and the rupee depreciated, putting off many investors. After the election, demand from customers has been improved, and by early 2014 the paint sector was performing somewhat better. This year th ..
Published on April 20, 2015
The textile sector has been focusing on the environmental methods of manufacturing. The leading textile manufacturers of India have been participating in the project called Sustainable Water Resources (SWAR) to improve efficiency and to cut down the chemical use in the factories. To improve the industry functions Indian government has come up with several major amendments. Government has been focusing on 100 percent FDI in the Indian textile sector. Duty free entitlement along with garment ..
Published on April 20, 2015
In last fourth quarter laminate industry was weak but now the organized players are looking for the long term growth opportunity as from last year zooming stock prices of wood panel industry giving positive hope to the market players. Market players said that from last six months demand for plywood stock is gaining momentum. The organized laminate segment is growing with a healthy double digit growth rate for branded products. After the improving demand environment customers have shifted toward ..
