Decorative paint market in Thailand in 2011 promising(11/28/2010)

According to the Thai Thai Farmers Research Center estimated in 2011, decorative coatings market in Thailand will not be less than the total value of 13.0 billion baht, up 5.0% year on year, from access to the support of a number of factors, including real estate developers in the end of 2010 after another a large number of new projects, construction will continue into 2011; large retail expansion to the suburbs, the creation of community shopping centers; and in the recent floods to the buildings, buildings and various infrastructure damage after the first quarter of 2011 disaster housing maintenance painting is the peak period.

Thai Farmers Research Center, suggested that operators should be decorative paint-depth study of changes in consumer behavior in different periods, introduction of new technologies from abroad, or develop their own differentiated and innovative products, expanding production base, but to good economic performance of neighboring countries to expand sales to enhance export growth. Strengthen consumer confidence and communication to enhance the brand of paint technicians with the agents and still maintain a good relationship established decorative coatings operator repeated the strategy with a bad mood. Meanwhile, operators should continue to closely follow the international oil prices, real estate and construction and building materials industry, the dynamic trend of flexibility to adjust business strategy at any time.
(Author Mosaic and Tile, China Leiyuan 11/28/2010)

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