The global growth of architectural and decorative paints in the industry is dependent on numerous factors like GDP growth rate of the industry, consumers taste & preferences, market competition etc.
Further more, asia represents by far the largest architectural and decorative paints market, representing around $8 billion of business around the world. NAFTA contributes 26% of the total market of architectural and decorative paint industry making it second largest region in the world. Europe represents 22% of global sales of architectural and decorative paints market which is around $6 billion |