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Competition from alternative materials 2. Higher-quality paint is being developed which reduce the amount of paint necessary and frequency.
• Number of companies is declining at 2% to 3% per year (mergers, acquisitions)
• 50% are sold under private, controlled or store brands
• 50% of these paint coatings are sales from do-it-yourself painters
• 25% are professional painters
• 25% from remainder, government, export and contractors
• 60% for interior paints 38% for exterior paints
• Industry sales $5.59 B
• Slightly less than 1 in 4 households purchase interior house paints in any given year
B...
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