Sri Lankan Fresh paint Industry
By simply Roshan Attanayake
Size of Sri Lankan fresh paint market,
- Rs. 12-15 billion in value
- 30-35 mil liters in volume.
Consists of 60 companies.
06 big players managing 97% from the market.
- Dulux / Akzo / Glidden
- Royale as well as Permoglaze
- High-class / Kenlux
Attractive and commercial paint sectors contribute 85% and
15% respectively to the total volume level.
Western province generates 50% revenue.
Seasonal sales deliver on Dec & March.
Volumes obtain doubled in comparison to an average month.
Industry keeps growing in-line with the GDP growth rate unless of course
special improvements occur (eg: construction boom).
Average value level has shown a 8%-10% year on year development.
99% dependence on imported raw materials.
forty one establishments
# 1343 individuals involved in the sector
# Simply 5 organizations had more that 25 employees
produced an output of Rs. 7, 092, 199, 787
# 0. 35 % of total manufacturing sector output (Rs. 2, 046, 816, 469, 680) # 5 main players accounted for 99% (Rs. 7, 021, 504, 787)
with a value addition of Rs. 2, 711, 060, 603.
# 0. thirty four % of total developing sector worth addition (Rs. 793, 818, 688, 939) # 5 major players accounted for 98% (Rs. 2, 655, 812, 453)
Origin - Office of Census & Stats
Goods & Services
Premier emulsion - intended for interior wall space
Enamel & wood completes
Primers & wall fillers
Weather shield -for exterior walls
Epoxy вЂ“ for commercial floors
Ancillaries - thinner, turpentine
After sales solutions вЂ“ eg: 5 12 months warranty
for weather defend
Various other building owners
Specialist / low professional painters
Market Stocks of Key Players
Enamel & Automotive
Demand Individuals of Fresh paint
-- durability, last finish
Free of inconvenience - simplicity of application
Division - supply
Services including after sales providers
Quality worth perception (equilibrium between quality & price) is the highest factor generating the demand for a particular brand. Seasonal impact is known as a critical require driver for the sector as a whole.
Geographical Basis вЂ“ depending on hardware density
Based on salary / obtaining power,
High end вЂ“ high income earners.
generates a revenue of 40%.
Mid tier вЂ“ middle level income earners.
accounts for maximum volume & 40% income.
Low tierвЂ“ low income earners.
builds 20% income.
In 2008 and 2009 amounts dropped by simply 32% and 18%
respectively due to,
- economic downturn
- then ongoing war
- oil value escalation.
-- directly affects the price of recycleables
- indirectly affects different costs
(fuel for machinery, transportation).
Oil Value Vs Fresh paint Price
Rs. / Fresh paint ltr.
Average Producer Prices 2k вЂ“ 2009
one particular, 736В
one particular, 921В
one particular, 995В
a few, 320В
a couple of, 475В
a couple of, 741В...