India Distemper Market {2027}: Trends & Forecast
India Distemper Market was valued at?USD627.9 million?(INR 4714.50 crore)?in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 11.23% owing to?growing urbanization, rising disposable income level, etc.
Distemper is an ancient type of paint made of water, chalk, and pigment. It is bound with either animal glue or the adhesive qualities of casein, a resin that comes from solidified milk. The process of painting walls with distemper is easier and quicker as they can be applied directly to cemented walls without the need for a primer. Distempers are much cheaper in?comparison?to other types of paints.?India Distemper Market?is further classified on the basis of type by Oil Based Distemper, Dry Distemper.
Rising Demand from Smaller Towns and Rural Areas Driving Market Growth
Metros and tier I cities contribute 25% of the India Distemper Market value, with smaller towns (tier II/III/IV cities) and rural areas accounting for the remaining 75%. In recent years, small cities and towns have increased their need for distemper paints at a faster rate than metro and tier I cities. A significant increase in disposable income, consumption expenditure, awareness, and rural market development in smaller towns and rural areas have all contributed to the growth of the distemper market in rural areas.
Increasing Demand for Sustainable Products and Shift towards Low VOC Content
The paint manufacturers have introduced antibacterial, anti-pollution/air-purifying, anti-fungal, and stain-resistant products. Demand for low/zero VOC paints and coatings has increased due to consumer awareness of VOCs' adverse effects and rigorous environmental legislation. India is seeing a rise in the use of water-solvent and high-solid coatings with lower VOC content as a result of regulatory reforms. Furthermore, green technology and bio-based materials have benefitted the water-based distemper industry across the country. The development of low-VOC solutions is expected to stimulate demand for distemper paints in the next five years.
Government Initiatives for the Development of Rural Infrastructure
The government has taken several initiatives to improve the country's infrastructure, especially in rural areas.?These programs aim to make low-cost housing available across the country. New demand for distemper paint is being generated by the government's "Housing for All/Affordable Housing" program, which will lead to re-painting demand in future. Another government initiative, the Pradhan Mantri Awas Yojana (PMAY), provides inexpensive housing for people in both urban and rural areas, hence increasing demand for distemper paints nationwide.
New Product Launches & Portfolio Diversification
Leading competitors in the market have concentrated their efforts on growing the bottom of the pyramid space, which has significantly more volume than the top and mid-segments. Furthermore, while premium ranges are expanding faster, the economy range, which includes emulsion, distemper, and putty, is expanding faster, indicating that increased awareness among rural households to apply undercoat (putty and primer) before applying paint (distempers) has aided demand for low-end products as well. Most businesses are growing into new product categories and broadening their product portfolios.
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Market Segmentation
The India Distemper Market is segmented based on Type, By Method of Application, By Application, By Resin Type, By Color, By Painting, By Region, and By Company. Based on Type, the market is further fragmented into the Oil Based Distemper and Dry Distemper. Based on Method of Application, the market is segmented into Paint Brush, Roller, Spray. Also, segmentation of the market on grounds of the Application is done into Exterior Walls and Interior Walls. Based on Resin Type, the market is segmented into Acrylic, Synthetic, and UNO Acrylic. Based on Color, the market is segmented into White, Blue, Yellow, Green, Pink, Others. Based on Painting, the market is segmented into Re-Painting, Fresh Painting. The market analysis also studies the regional segmentation, divided among North, South, East, West.
Company Profiles
Kansai Nerolac Paints Limited, Asian Paints Limited, Berger Paints India Limited, Nippon Paint (India) Private Limited, Indigo Paints Ltd., Shalimar Paints Limited, Divine Paints, AkzoNobel India Ltd., Eureka Paints are among the major market players in the India platform that lead the market growth of the India Distemper Market.
Attribute
Details
Market size value in 2021
USD627.9 million?
Revenue Forecast in 2027
USD1197.60 million
Growth Rate
11.23%
Base Year
2021
Historical Years
2017?– 2020
Estimated Year
2022
Forecast Period
2023 – 2027
Quantitative Units
Revenue in (USD million), Volume (Thousand Tonnes) and CAGR for 2017-2021 and 2022-2027
Report Coverage
·?????????Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments Covered
·?????????Type
·?????????Method of Application
·?????????Application
·?????????Resin Type
·?????????Color
·?????????Painting
Regional Scope
North, South, East, West, Central
Key Companies Profiled
Kansai Nerolac Paints Limited,?Asian Paints Limited,?Berger Paints India Limited,?Nippon Paint (India) Private Limited,?Indigo Paints Ltd.,?Shalimar Paints Limited,?Divine Paints,?AkzoNobel India Ltd.,?Eureka Paints,?Arosun Paints & Coating (India).
Customization Scope
10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options
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Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)
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Report Scope:
In this report, India Distemper Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
o???Oil Based Distemper
o???Dry Distemper
o???Paint Brush
o???Roller
o???Spray
o???Interior Walls
o???Exterior Walls
o???Acrylic
o???UNO Acrylic
o???Synthetic
o???White
o???Yellow
o???Green
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o???Pink
o???Blue
o???Others
o???Re-Painting
o???Fresh Painting
Competitive Landscape
Company Profiles:?Detailed analysis of the major companies present in India Distemper Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
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Table of Content
5.1.??Brand Awareness & Brand Recall
5.2.??Factors Considered while Selecting a Supplier/ or Influencing Purchase Decision
5.3.??Factors Considered while Buying Online
5.4.??Customer Satisfaction Level
5.5.??Willing to Switch from the Existing Brand
5.6.??Major Challenges/Issues faced
6.1.??Market Size & Forecast
6.1.1.???????????????By Value & Volume
6.2.??Market Share & Forecast
6.2.1.?By Type (Oil Based Distemper, Dry Distemper)
6.2.2.?By Method of Application (Paint Brush, Roller, Spray)
6.2.3.?By Application (Exterior Walls, Interior Walls)
6.2.4.?By Resin Type (Acrylic, Synthetic, and UNO Acrylic)
6.2.5.?By Color (White, Blue, Yellow, Green, Pink, Others)
6.2.6.?By Painting (Re-Painting, Fresh Painting)
6.2.7.?By Region (North, South, East, West, Central)
6.2.8.?By Company (FY2021)
6.3.??Market Map (By Type, By Method of Application, By Application, By Resin Type, By Painting, By Region)
7.1.??Market Size & Forecast
7.1.1.?By Value & Volume
7.2.??Market Share & Forecast
7.2.1.?By Method of Application
7.2.2.?By Application
7.2.3.?By Resin Type
7.2.4.?By Color
7.2.5.?By Region
8.1.??Market Size & Forecast
8.1.1.?By Value & Volume
8.2.??Market Share & Forecast
8.2.1.?By Method of Application
8.2.2.?By Application
8.2.3.?By Resin Type
8.2.4.?By Color
8.2.5.?By Region
9.1.??Drivers
9.2.??Challenges
15.1.?????????Kansai Nerolac Paints Limited?????
15.2.?????????Asian Paints Limited???????
15.3.?????????Berger Paints India Limited?????????
15.4.?????????Nippon Paint (India) Private Limited????????
15.5.?????????Indigo Paints Ltd.
15.6.?????????Shalimar Paints Limited??
15.7.?????????Divine Paints??????
15.8.?????????AkzoNobel India Ltd.??????
15.9.?????????Eureka Paints?????
15.10.???????Arosun Paints & Coating (India)???