AUSTRALIA’S PAINT AND COATING SECTOR IS CONTRACTING WHILE COUNTRY’S OVERALL ECONOMY STRIDES AHEAD
June 1st, 2019
THE AUSTRALIAN coating and paint market has experienced volatility over the past five years, with mergers and acquisitions consolidating the industry, whilst consumer demand and legislation have boosted the sale of more environment-friendly products. Across the Tasman Sea, meanwhile, New Zealand has seen growth due to innovation in high-performance and green coatings.
Australia’s economy overall has been a barnstorming success – it has been 28 years since it suffered a recession. However, despite this, the country’s coating and paint market has suffered ...
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