JAPAN PAINT INDUSTRY FEATURE
November 1st, 2005
BY MARK ROWEOVERSHADOWING the Japanese paint industry in recent years has been the overall shape of the country's economy. The stagnation of the economy lasted for much of the 1990s but it showed signs of recovery in the first half of fiscal 2004-2005, driven by solid exports and strong corporate capital investment. Yet while this momentum slowed during the second half of financial year, the domestic paint market benefited from a slight improvement in demand, both in value and volume terms.Across the board, the industry has faced higher prices for raw materials, ...
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