KSA: Paint sector awaits potential future growth from government-backed development mega projects

02 April 2020

Paul Cochrane reports on the Saudi Arabian coatings market

The Saudi Arabian paint industry’s output grew comparatively slowly in 2019 according to some market data but is expected to experience more robust growth over the next few years as the government invests heavily in new development projects and infrastructure. India-based market researcher Mordor Intelligence said that the Saudi Arabia paints and coatings market generated US$1.164bn in sales last year (2019), up from US$1.142bn in 2018 and US$1.120bn in 2017. In 2020, the country’s coatings market is estimated to reach US$1185.71M.

Read the full report here: Saudi Arabia 2020

< Previous article

South Africa: Coatings sales continue to rise – but industry fears impact of weakness in overall economy

Next article >

Indonesia’s booming economy creates growth