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2020 global decorative paint brand Top 20 list announced

Views: 2051 Author: Site Editor Publish Time: Origin: Site

On July 3, a financial media released the "2020 Global Architectural Paint Brand Top 20". The ranking is based on the company's 2019 architectural/decorative coating business sales revenue.



The list shows that Sherwin-Williams, PPG Industries, and Akzo Nobel rank in the top three, with architectural coatings sales of 10.472 billion U.S. dollars, 5.452.6 billion U.S. dollars, and 4.148.5 billion U.S. dollars, respectively, with global market shares of 11.02%, 5.74%, and 4.37. %. From the data point of view, Sherwin-Williams continues to rank No. 1 in the world, with architectural coatings sales exceeding PPG and Akzo Nobel combined.



Nippon Paint, Asia Paint, Baise Bear, Lipamec, Kapuler, Kansai Paint, and Benjamin Moore ranked 4th-10th, respectively, with sales revenue of US$3.405 billion, US$2.4213 billion, US$2.0792 billion, US$1.5582 billion, US$1.1316 billion, US$1,0111.1 million, US$910.5 million.



According to the monitored data, the total global paint output in 2019 was about 96.6 million tons, and the sales revenue was about 197.7 billion U.S. dollars. Among them, the global architectural/decorative paint output in 2019 was 53.13 million tons, and the annual sales revenue was 95 billion U.S. dollars. The cumulative sales revenue of the top 20 global decorative coatings brands last year was USD 39.47 trillion, accounting for 41.56% of global architectural coatings.



It is worth mentioning that Sankeshu is the only Chinese company that ranks among the top 20 global decorative coatings and ranks 13th with US$755.7 million. According to the financial report, Sankeshu achieved operating income of 5.977.2 billion yuan last year, a year-on-year increase of 66.64%, of which: architectural coatings sales income of 5.0761 billion yuan (including home improvement wood paint, auxiliary materials, construction services, etc.). From the perspective of growth, Sankeshu is expected to be among the top 10 global decorative coatings in 2020.



From the perspective of market share, global architectural coatings are still relatively scattered, and there is still a large room for integration. Last year, Nippon Paint completed the acquisition of Dulux Group, a well-known Australian architectural coating manufacturer, for approximately US$2.729 billion. In addition, Nippon also acquired Betek Group, Turkey's largest paint manufacturer, which is a top company with approximately 25% of the Turkish architectural coatings market. With two acquisitions, Nippon Paint's architectural coatings business revenue increased significantly in 2019.



From the perspective of development trends, the global architectural coatings market will continue to maintain steady growth in the future. The main driving force of the global architectural coatings comes from the Asia-Pacific region, especially China and India. In 2019, the market demand for architectural coatings in the Asia-Pacific region accounted for about 50% of the world's total, making it the largest region in the world. The rapid economic growth in Asia has promoted the recovery of the construction and old house renovation market, coupled with the demand for recoating brought about by the huge stock housing market, and thus promoted the growth of the demand for the entire Asia-Pacific architectural coatings market.



In addition, a number of well-known architectural decoration paint brands have emerged in China, such as Sankeshu, Astronergy, Garboly, Chenyang Water Paint, Bardez, Bauhinia, Dabao Paint, Meitushi, Jiu Nuo, Fuster, Zhanchen, etc., among them: Three Trees, Asia Chuangneng, Jiabaoli architectural coatings business production and sales ranks among the top three national coatings brands in China.



According to the current development status and future development trends, China's architectural decorative coatings brands will continue to grow, and it is expected that in the future, many brands will rank among the forefront of the global decorative coatings industry.



Forward provides a series of tin can components such as paint cans, lids and bottoms for these customers who are among the top of the industry. If you need, you can contact us in time.

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