The Indian coatings industry in numbers
The Indian coatings industry offers immense opportunities. Here are the key figures painting a vivid picture of the indian coatings sector.
- Indian Paint Industry Revenues: EUR 9.5 Billion
The financial brushstroke of the Indian paint industry reveals revenues amounting to an impressive EUR 9.5 billion. This substantial figure not only underscores the market’s scale but also points to the economic vitality coursing through the industry. - Size of the Indian Paint Industry: 6.2 Million Tonnes
The sheer volume of the Indian coatings industry stands at a remarkable 6.2 million tonnes. This statistic paints a canvas of substantial production capacity, highlighting the industry’s dynamism and growth potential. - Market Split: Decorative Colours Dominate with 77%
The canvas of the Indian coatings market is predominantly adorned with decorative colors, claiming a commanding 77% share. Industrial coatings complement this palette with a 23% presence. This split mirrors the diverse applications and needs addressed by the industry.
Event tip PAINT INDIA
The PAINTINDIA Exhibition is one of the leading trade shows for the paint and ink manufacturing industry in the world and a leader in the South Asia region. For this upcoming edition – PAINTINDIA 2024 – to be held at Bombay Exhibition Centre in Mumbai, India on 22-24 February 2024, nearly 600 exhibiting companies and anticipate over 20,000 serious business visitors in attendance are expected.
Do you want to know more about India’s economic brilliance? Read our interview with Dilip Raghavan (Editor-Publisher of the PAINTINDIA magazine, and also the convenor of the PAINTINDIA trade show) to get a deeper insight into what the coatings landscape in India currently is, and promises to be in a few years.
