AUSTRALIA’S PAINT AND COATING SECTOR INCREASED FASTER THAN THE OVERALL ECONOMY

The Australian coating and paint market withstood the Covid-19 pandemic downturn comparatively well, despite prolonged lockdowns of major cities, with industrial paint sales and private renovation projects boosting the market. Across the Tasman Sea, New Zealand’s even stricter Covid-19 lockdown regulations have hampered growth, however companies have used downtime to innovate. Australia, with its population of 25.6 million people, is the 12th largest market for paints and varnishes across the top 20 developed countries, according to London-based market ...


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