COMPETITION TO RISE In Brazil’s DIY PAINT Market,
NEW IRL STUDY SAYS
While most paint coatings markets will grow in line with GDP—typically at 3.3% per year over the next five years—Information Research’s new study on the Brazilian coatings market shows that the DIY decorative paint market will post much higher growth rates.
According to the London-based consultancy, the Brazilian DIY paint market is estimated to grow by 10% per year, as a result of the movement of more retailers into the Brazilian market and through increased spending power. The market is expected to see escalating