According to BlueQuark Research & Consulting, Paints & Coatings industry in South Africa 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 South Africa is also discussed - including architectural coatings, automotive coatings, wood coatings, packaging coatings, marine coatings, among others.
South Africa Macroeconomic Factors:
According to the International Monetary Fund, the real GDP growth rate of South Africa is estimated to reach at 3.1% by the end of 2021 and forecasted to reach at 1.3% by the end of 2026.Automotive Segment:
South Africa automotive production output registered at 447.22 thousand units in 2020 compared to 631.92 thousand units in 2019, with a year-on-year growth rate of -29.23%.
South Africa Paints & Coatings Trade Scenario:
South Africa paints & coatings imports and exports valued at USD 7.07 million and USD 23.71 million in 2020 compared to 9.9 million and USD 23.71 million in 2019.
BlueQuark's South Africa Paints & Coatings Industry Outlook briefing report provides concise insights into the South Africa'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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South Africa Paints & Coatings Industry in USD Million, 2017-2027
South Africa Paints & Coatings Industry - Market Dynamics, 2021-2027
South Africa Paints & Coatings Industry - Supply Chain Analysis
South Africa - List of Notable Paints & Coatings Companies in China
Other Supporting Charts
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