The bulk of Painting and Decorating Services industry revenue is derived from work on the interior and exterior of residential buildings. However, an important source of income is also generated from the non-residential construction market and from increasing long-term maintenance work on building and infrastructure assets.
The industry has encountered divergent trends across the key building markets since the late 2000s and revenue is projected to grow at an annualised 0.5% over the five years through 2014-15. The economic uncertainty in the aftermath of the global financial crisis adversely affected investment into the key housing and non-residential building markets.
Companies in this industry paint, decorate or wallpaper houses and other structures.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.