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Indian Paint Market

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At the 28th biennial Indian Paint Conference in January,2017 in Bengaluru, Indian Paint Association governing body members discussed the to-be launched report on the Indian Paint Market – “Size & Future of coating industry”compiled by Nielsen Corporation. The report says that the Indian paint market which was around INR 40,300 crores in 2014-15 is expected to reach INR 70, 875 crores by 2019-2020. The decorative paint market is expected to witness CAGR of 12.7% and the industrial paint market to witness CAGR of 9.5%.

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