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Paint Manufacturing in Canada - Industry Market Research Report

Publisher IBISWorld
Published Jan 12, 2025
Length 79 Pages
SKU # IBSS19493066

Description

Paint Manufacturing in Canada - Industry Market Research Report


Paint Manufacturing in Canada

Paint manufacturers produce a variety of paints and industrial coating products that are primarily sold to downstream manufacturing and construction markets. The industry is mature, with clearly defined product lines that satisfy well-established consumer and industrial markets. Paint production has exhibited a steady decline over the past five years, reflecting broader trends in manufacturing across Canada. During COVID-19, strong demand from the home construction and renovation market slowed declining sales. Revenue has dropped at a CAGR of 1.1% to $2.7 billion over the five years to 2023, with declining 0.2% in 2023 alone.

Operators in the Paint Manufacturing industry in Canada produce 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.

Table of Contents

79 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
How Do Licenses Work?
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