Has the world of the paint industry changed?
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Release time：Apr 25,2025
If the latter is just a routine operation, then the former is a continuation of the impact of the 2020 epidemic, after all, these cancelled or postponed activities are all related to the rebound of the epidemic.
If the latter is just a routine operation, then the former is a continuation of the impact of the 2020 epidemic, after all, these cancelled or postponed activities are all related to the rebound of the epidemic.
Like the "north wind" encountered by traditional manufacturing industries, the paint industry has long been in a "cold winter", and now the cold winter has not passed. According to data from a third-party organization, nearly 4000 paint companies of all sizes have gone bankrupt in 2020, while others are struggling on the edge.
Looking back at the performance of the paint industry in recent years, upstream prices have increased, downstream markets are sluggish, and paint is like the meat in the middle of a hamburger that is being slaughtered, with profit margins constantly shrinking; Industry homogenization is serious, innovation is insufficient, and the phenomenon of "involution" is gradually deepening - the COVID-19 that broke out last year only made this industry "depression" worse.
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