Indonesian Paint & Coatings Market - Growth Consulting - Frost ...
Indonesian Paint & Coatings Market - Growth Consulting - Frost ...
Indonesian Paint & Coatings Market - Growth Consulting - Frost ...
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Economy Industry 33<br />
<strong>Indonesian</strong> <strong>Paint</strong> <strong>Market</strong>: Decorative <strong>Paint</strong> MArket Value<br />
By Competitor <strong>Market</strong> Share (Indonesia), 2008<br />
Others 27%<br />
Mowilex 4-5%<br />
Akzo (ICI)<br />
25-26%<br />
Jotun 2%<br />
Danapaints<br />
1-2%<br />
Avian 10%<br />
Pacific <strong>Paint</strong>s 5-6%<br />
Nippon 26-28%<br />
Source: <strong>Frost</strong> & Sullivan<br />
include expansion of output by paint<br />
manufacturers, consolidation of smaller<br />
players, higher quality and diversification<br />
of product functionalities, growing<br />
awareness of green products and the<br />
growth of ‘Point Of Sale Tinting’<br />
(POST).within the decorative paint<br />
market include expansion of output<br />
by paint manufacturers, consolidation<br />
of smaller players, higher quality and<br />
diversification of product functionalities,<br />
growing awareness of green products and<br />
the growth of ‘Point Of Sale Tinting’<br />
(POST).<br />
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POST, although currently still a<br />
relatively small segment, is projected<br />
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to witness high growth in the coming<br />
years compared to the traditional route<br />
of ready mix. <strong>Growth</strong> rate of tinting in<br />
Indonesia is high, as this is a relatively new<br />
distribution route. The larger prominent<br />
paint manufacturers are already laying<br />
their foundations through the addition<br />
of tinting machines in the market, in an<br />
effort to block out future competition via<br />
this channel. POST predominantly applies<br />
to premium segment products. Low tier<br />
products are not sold via this route, as the<br />
cost involved is too high. POST products<br />
are typically 10% higher in cost than the<br />
typical ready mix products. Approximately<br />
20% of sales in the premium category are<br />
via POST tinting.<br />
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This article was authored by: Sheila<br />
Senathirajah, Program Manager, Chemicals<br />
& Material Asia Pacific, <strong>Frost</strong> & Sullivan.<br />
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For any enquiries or comments about this<br />
article please send to: feedback@asiantir.com<br />
<br />
feedback@asiantir.com<br />
JUNE 2010 | ASIAN TIGERS INVESTOR REPORT