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A Profile of the Middle Eastern & African Paint Industries - 4th Edition
IRL, Feb 2012, Pages: 177
IRL is pleased to announce the publication of the fourth edition of its report A Profile of the Middle Eastern and African Paint Industries. This volume updates the information given in the 2009 edition and it brings up-to-date figures from Saudi Arabia and the UAE, which we reported on in autumn 2008 before the global economic crisis, taking into account the economic impact of the ‘Arab Spring'.
Historical trade data is presented in tables in both volume (tonnes) and value (US$)
For each country a single table paint profile summary will be provided with 2011 data
Included in the report will be a summary of key market data and trends
The main scope of this study is decorative paints. However, for some country markets an overview of the protective, general and wood coatings markets
is also provided.
The research for this study has taken the form of an extensive interview programme with senior executives from the paint and coatings industry in
the above 18 countries. Interviews have been conducted in English, French and Arabic and all have been carried out between October and December 2011. In addition, a thorough review of published data and statistics was also undertaken.
Some of the key findings include:
- South Africa experienced a significant downturn in 2009-2010 and it is still recovering. The paint market has moved in favour of lowmedium quality paints.
- After a period of massive GDP growth, Saudi Arabia is now experiencing moderate growth, thanks to the current high oil prices and the construction of the new economic cities.
- After being badly hit by the recession, the construction industry in the United Arab Emirates is now moving forward but at slower pace compared to the past.
- Paint market growth will be particularly high in Qatar thanks to large scale infrastructure projects and the advent of the 2022 Football World Cup Finals.
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