According to BlueQuark Research & Consulting, Paints & Coatings industry in Australia is expected to witness a significant growth rate during the forecasted period. The major market drivers and restraints are covered in the study.
Further, analysis of the major end-uses of paints & coatings in Australia is also discussed - including architectural coatings, automotive coatings, wood coatings, packaging coatings, marine coatings, among others.
Australia Macroeconomic Factors:
According to the International Monetary Fund, the real GDP growth rate of Australia is estimated to reach at 4.5% by the end of 2021 and forecasted to reach at 2.4% by the end of 2026.Automotive Segment:
Australia automotive production output registered at 4730 units in 2020 compared to 5606 units in 2019, with a year-on-year growth rate of -15.63%.
Australia Paints & Coatings Trade Scenario:
Australia paints & coatings imports and exports valued at USD 15.48 million and USD 8.36 million in 2020 compared to 18.81 million and USD 8.36 million in 2019.
BlueQuark's Australia Paints & Coatings Industry Outlook briefing report provides concise insights into the Australia's current and future state across the country that is essential for anyone wanting to gain a quick and comprehensive understanding of the industry.
This report also offers an extensively researched competitive landscape section with profiles of prominent companies.
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Australia Paints & Coatings Industry in USD Million, 2017-2027
Australia Paints & Coatings Industry - Market Dynamics, 2021-2027
Australia Paints & Coatings Industry - Supply Chain Analysis
Australia - List of Notable Paints & Coatings Companies in China
Other Supporting Charts
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