Article -> Article Details
| Title | India Paint Market Share Analysis, Size, Growth and Report 2025-2033 |
|---|---|
| Category | Business --> Business Services |
| Meta Keywords | India Paint Market |
| Owner | Rohan Sanger |
| Description | |
| India Paint Market 2025-2033 According to IMARC Group's report titled "India Paint Market Report by Technology (Water-based, Solvent-based), Type of Paint (Emulsion, Enamel, Distemper, Textures, and Others), Resin (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, and Others), End User (Architectural and Decorative, Non-Architectural), and Region 2025-2033", the report presents a thorough review featuring the India paint market share growth, trends, and research of the industry. How Big is the India Paint Industry? The India paint market size was valued USD 7.2 Billion in 2024. By 2033, this figure is projected to reach around USD 11.4 Billion, with a compound annual growth rate (CAGR) of 5.04% over the forecast period (2025-2033). India Paint Market Trends: The India paint industry is driven by urbanization, rise of disposable income and change in consumer preference. Water-based paints are growing in appeal in India mainly due to their environmentally friendly nature and low volatile organic compound (VOC) emissions. In addition, the decorative paints segment is the largest contributor to market owing to growing construction of residential buildings and commercial buildings. The growth in the market is due to attractive textures, finishes and colors of paints. There has been a growing trend of buying paints with advanced features such as anti-bacterial coating or stain resistant for durability. The digitalization of paint, through websites and website visualization is gaining traction. The government's "Housing for All" scheme and smart cities project have contributed in increasing demand, especially in tier-II and tier-III cities. Another aspect sustaining this growth is the relationship of the industry to DIY culture, where products, tutorials and guides exist on the internet. The industry adapts to technological changes and tries to be environmentally sustainable it also strives to meet consumer needs. Request Free Sample Report: https://www.imarcgroup.com/india-paint-market/requestsample India Paint Market Scope and Growth: The Indian paint industry has huge growth potential due to rising infrastructure and urbanization. Decorative paint commands most of the demand, driven mainly by rising home ownership and renovations. The industrial paint segment is also growing due to the increasing production in the automotive, manufacturing, and marine industries and due to increasing awareness among the customers and consumers towards durable and high-performance coatings. In the rural segment, the growth can be attributed to increasing incomes and spreading awareness about branded products. The entry of global players, increasing investment in R&D, product differentiation and supportive government policies such as low cost housing and infrastructure development are major growth factors that are expected to open up opportunities for growth in the long term. The growth in consumption of green paints by manufacturers in order to meet the stringent government regulations is providing an increase to the market. The intensely competitive environment coupled with the aggressive product promotion strategies and distribution network expansion adopted by the major players will provide a positive outlook for India paint market during the next five years. India Paint Market Report and Segmentation: The market report offers a comprehensive analysis of the segments, highlighting those with the largest India paint market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments. Technology Insights:
Type of Paint Insights:
Resin Insights:
End User Insights:
Breakup by Region:
Competitive Landscape: The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=24362&flag=C Other key areas covered in the report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization. About Us: IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. Contact Us: IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: sales@imarcgroup.com Tel No:(D) +91 120 433 0800 United States: +1-201971-6302
| |
