SAUDI PAINT SECTOR AWAITS POTENTIAL FUTURE GROWTH FROM GOVERNMENT-BACKED DEVELOPMENT MEGA-PROJECTS
January 1st, 2020
THE SAUDI Arabian paint industry’s output grew comparatively slowly in 2019 according to some market data but is expected to experience more robust growth over the next few years as the government invests heavily in new development projects and infrastructure. India-based market researcher Mordor Intelligence said that the Saudi Arabia paints and coatings market generated USD1.164 billion in sales last year (2019), up from USD 1.142 billion in 2018 and USD1.120 in 2017. In 2020, the country’s coatings market is estimated to reach USD 1,185.71 ...
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