Decreased foreign demand, increased input prices and a Canadian dollar rising in value contributed to a decrease in industry revenue over the past five years. In the coming years, anticipated growth in Canadian housing starts will strengthen domestic demand, and the expected continuation of global economic recovery will increase demand for Canadian products in export markets.
Operators in this industry manufacture various paints, timber finishes and other surface coating products to decorate and protect surfaces against wear, weather and corrosion. Key products include paints, varnishes, lacquers, stains, wood fillers, paint thinners and removers. This industry does not manufacture artist's paint.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.