JAPANESE PAINT AND COATINGS SECTOR GROWS, ALTHOUGH SALES TAX RISE MIGHT CAUSE TEMPORARY SALES DIP
July 2nd, 2014
JAPAN’S paint and coatings industry is continuing its steady recovery after a trying five years in the aftermath of the global economic crisis, although companies and analysts believe that the sector will see some gradual shifts in focus in the years ahead.According to statistics released this April from the ministry of economy, trade and industry, the shipment value of products made by Japan's paints and coatings producers climbed to Japanese Yen JPY679.3 billion (USD6.7 billion) in calendar 2013, up from JPY676.3 billion (USD6.6 billion) in the previous year ...
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