South Africa Paint Industry Overview
The industry is valued at R13bn and employs approximately 15,000 people. The market is dominated by decorative paint manufacturing and sales, which account for around 80% of the market, with major players, and brands, including Kansai Plascon Africa and ICI Dulux
The paint industry in South Africa has continued to adopt manufacturing strategies to meet environmental and other regulations, including the recent move to further reduce the lead content in paint. The most significant challenges facing the industry are skills shortages and competition from cheap imports.
While Africa is a much smaller coatings market than Europe or Asia, it has been developing into an emerging market. One of the most important consumers of paint on the continent is South Africa. The market has a total volume of 324.000 litres which accounts for a value of EUR 780 million.
One of the most important industries in South Africa is the automotive industry, making it an attractive market for automotive coatings. However, the complete industrial coatings sector only makes up for about 22 % of the coatings market, while decorative coatings account for 78 %. Generally, the architectural coatings industry has been growing in many of the African countries over the past years.
Another characteristic of the South African market is that although the sales are cyclical during the year, the largest volume of sales take place in the final quarter of the calendar year.
Credits: www.european-coatings.com
Top Suppliers of Titanium Dioxide in the region include:
Titanium Dioxide SA
Cathay Industries
South Africa Paint Industry Overview