Published on July 27, 2015

The Indian Paint Industry has been growing at a rate of near about 15% for the past few years.

Industry estimated at around Rs. 21000 Cr. Asian paint, Berger paint, Kansai Nerolac paint and Akzo Nobel are top Indian players of paint industry.

Earlier the demand for premier decorative paints restricted to the urban areas. However, growing awareness and increasing disposable income level have aided the growth of this category of paints in rural and semi-urban area.

Some factor affecting on paint industry which are as follows: 1.Increasing level of income and education increasing urbanization 2.Increasing share of organized sector 3.development of the Realty, Automobile and infrastructure etc.

Market player anticipated to grow at a CARG of 13.6 from 2015-2016 TO 2017-18.

Paint industry is mostly organized sector and local players give comparatively more competition in rural areas than Urban Areas. Indian Paint Industry growth is higher than Global rate.