Furniture, Furnishing, Paints:
Video Tutorial Has been updated in Last March.
Should break down Home Furnishing Industry in a broader way like Paints + Ceramics
Paint Industry:
Long term sales growth of 15%
After a complete washout in April’20 due to extended Lockdown, the Decorative business segment witnessed improving business conditions over the next two months. Thus, while the quarter ended in negative territory, the business registered a healthy double-digit volume growth in the month of June’20 to end the quarter on a promising note. The other business segments in India including the two industrial coatings business and both the segments in the Home Improvement category also witnessed improving trends in June’20, albeit at a slower. The International business portfolio did well-supported by favorable operating conditions in markets in the Middle East and Africa through key markets of Nepal and Bangladesh in Asia were impacted by the pandemic lockdowns. Profitability across businesses was well-supported by the softer raw material prices and the various cost control measures.
There are around 5 major Listed Paints Companies in India. Where Asian Paints is the largest and Best.
DataStudy on Industry Can Be Done Below: