SA COATINGS SALES CONTINUE TO RISE – BUT INDUSTRY FEARS IMPACT OF WEAKNESS IN OVERALL ECONOMY
December 1st, 2019
SALES within the South African home paint market are expected to reach USD416.6 million (South African Rand ZAR5.96 billion) in the year to December 2019, up from USD358 million (ZAR5.12 billion) in the previous year, but industry association officials fear this growth could be hit by South Africa’s weak general economy in the coming year. The health of this coatings segment is important, given that statistics provided to Polymers Paint Colour Journal by London-based market research provider Euromonitor International indicate that decorative paints sales have ...
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