SOUTH AFRICAN PAINT SECTOR LOOKS TO INNOVATION AS IT FIGHTS OFF IMPACT OF COVID-19 AND DEVASTATING RIOTS
December 2nd, 2021
The annual value of South Africa’s paints and coatings market will nudge USD2.1 billion (South African Rand ZAR33.3 billion) by 2026 after growing at a compound annual growth rate (CAGR) of 5.6% between 2021 and 2026.
These predictions from market researcher IndustryARC came in May (2021) as the industry battled the continued impact of the global Covid-19 pandemic. They also were released just before the week-long riots in July that state insurance company Sasria estimated caused USD1.7 billion (ZAR25 billion) in damage to the entire South African economy. ...
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