Research Article | Volume 2 Issue 10 (December, 2025) | Pages 165 - 168
Competitive Analysis of Paint Industry’s: Analysing the Market Efficiency Through Competitive Landscape
1
Assistant Professor - Mepco School of Management Studies Mepco Schlenk Engineering College, Sivakasi
Under a Creative Commons license
Open Access
Received
Sept. 25, 2025
Revised
Oct. 25, 2025
Accepted
Nov. 6, 2025
Published
Dec. 20, 2025
Abstract

This study aims to evaluate the market efficiency of a leading paint company within the competitive landscape. The objective is to analyze the current market dynamics and assess the efficiency of mobile applications in the paint industry. Primary data was collected through a structured questionnaire using the convenience sampling technique. The findings indicate that the studied paint brand is the most preferred among painters, with the market primarily dominated by two major players. Additionally, a new entrant, Birla Opus Paints, has been actively engaging painters through attractive loyalty programs, thereby gaining traction in the industry. While the preferred brand demonstrates overall satisfaction across its product range, the Putty variant received negative feedback from painters, highlighting an area for improvement. 

Keywords
INTRODUCTION

Color has played a significant role in culture throughout history, with each era and region producing shades based on available resources. The Indian paint industry has evolved from traditional whitewashing to high-quality emulsions and finishes. The sector is broadly classified into decorative and industrial segments, with decorative paints accounting for nearly 75% of the market share.

 

This study explores retailers' perceptions of paint brands and the key factors influencing brand preference. Marketing plays a crucial role in shaping consumer choices through advertising, promotions, and strategic product positioning. The retail industry serves as a vital link between manufacturers and consumers, influencing product distribution and brand visibility.

 

In the home and interior décor segment, paints fulfil both functional and aesthetic needs. This study focuses on understanding retailers' perspectives on paint brands, particularly their interactions, marketing effectiveness, product quality, and overall market positioning. 

REVIEW OF LITERATURE

Sankararaman (2014) examined competitor analysis and dealer preference for Nippon Paint tools and accessories, identifying quality, pricing, and brand reputation as key influencing factors. Musdhad (2015) provided an overview of the paint industry in Bangladesh, focusing on Berger Paints' corporate strategies and social responsibility initiatives. Atieno (2015) assessed contractor brand loyalty in Nairobi, highlighting factors influencing brand preference through surveybased analysis. Adhil (2015) investigated the wallpaper and coating industry in Bangladesh, identifying future trends such as green painting, 3D painting, and non-woven painting using PESTLE and Porter’s Five Forces analysis.Joy (2015) discussed Berger Paints Bangladesh’s adoption of an internal app to enhance dealer communication and sales efficiency. Rani (2018) analyzed the Indian paint industry, noting Berger Paints’ market share in decorative and industrial segments, with peak sales during festive seasons. Ram (2020) emphasized India's growing economic strength and the competitive advantages of certain paint companies. Huq (2020) conducted a detailed literature review on the paint industry, summarizing research methodologies, data analysis, and key findings.Dr. Reena (2020) highlighted the evolution of the Indian paint industry, driven by economic growth, urbanization, and rising awareness of corrosion prevention. Lawrence (2021) revisited trends in Bangladesh's wallpaper industry, reaffirming the impact of green and textured painting. Paul (2023) explored the role of influencer marketing in shaping brand preferences within the decorative paint market, particularly in the Madurai district, offering strategic insights into digital marketing dynamics.

RESEARCH METHODOLOGY

This descriptive study examines the competitive landscape and market efficiency of the paint industry. Using a convenience sampling method, data was collected from 150 respondents through a structured questionnaire. As the population size is unknown, statistical tools such as cross tabulation, Chi-square tests, weighted averages, and frequency distribution were employed for analysis. These methods provide valuable insights into brand preference and market competition.

 

DATA ANALYSIS AND INTERPRETATION:

Table:1 Demographic Profile

  Particulars

Frequency

Percentage

 

Inference:

The majority (57%) of respondents have been in existence for more than 10 years, indicating a well-established presence in the industry. A significant portion (67%) consumes over 100 litres per month, suggesting high operational capacity. Additionally, 71% handle 4-5 projects per month, demonstrating substantial project engagement, while only 2% undertake more than five projects monthly.

Year of existence

<2 years

4

3%

3-5 years

4

3%

6-10 years

56

37%

>10 years

86

57%

No of liters per month

80-100 liters

48

33%

>100 liters

102

67%

No of Projects per month

01-Mar

40

27%

>4-5

106

71%

>5

4

2%

 

Table: 2 Usage of Various Types of Paints

Particulars

Frequency

Percentage

Particulars

Frequency

Percentage

Exterior emulsion

 

Interior emulsion

Nippon

71

47%

Nippon

68

45%

Asian

28

19%

Asian

28

19%

Berger

11

7%

Berger

11

7%

Birla Opus

11

7%

Birla Opus

7

5%

Nippon & Asian

19

13%

Nippon & Asian

26

17%

Nippon & Berger

1

1%

Nippon & Berger

1

1%

Others

9

6%

Others

9

6%

Primer

 

Putty

Nippon

57

38%

Nippon

18

12%

Asian

28

19%

Asian

39

26%

Berger

17

11%

Berger

18

12%

Birla Opus

16

10%

Birla Opus

42

28%

Nippon & Asian

22

15%

Nippon & Asian

11

7%

Nippon & Berger

1

1%

Nippon & Berger

1

1%

Others

9

6%

Others

21

14%

Enamel

Wood coating

Nippon

51

34%

Nippon

48

32%

Asian

38

25%

Asian

39

26%

Berger

17

11%

Berger

13

9%

Birla Opus

19

13%

Birla Opus

26

17%

Nippon & Asian

15

10%

Nippon & Asian

14

9%

Nippon & Berger

1

1%

Nippon & Berger

1

1%

Others

9

6%

Others

9

6%

DBT or GIFT

 

 

 

DBT

(Direct bank transfer)

148

99%

 

 

 

DBT & GIFT

2

1%

 

 

 

 

Inference:

Nippon emerges as the leading brand across all categories, with significant preference in exterior emulsion (47%), interior emulsion (45%), primer (38%), and enamel (34%). Asian Paints follows as a strong competitor, particularly in putty (26%) and wood coating (26%). Birla Opus dominates in putty (28%), while Berger holds a moderate share across all segments. The majority (99%) prefer Direct Bank Transfer (DBT) as the payment mode, indicating a strong inclination toward digital transactions over incentives like gifts.

 

Table: 3 Association Between Companies Loyalty Program and Overall Satisfaction

Loyalty

Program

App of

Brands

Overall Satisfaction

Total

Significance Value

Null Hypothesis 

Disagree

Neutral

Agree

Strongly Agree

Nippon Paint

0

1

46

18

65

0.000

Rejected

Berger Paints

0

0

15

4

19

Asian Paints

0

0

33

6

39

Birla Opus

0

0

16

4

20

Other Brands

0

0

6

1

7

Total

0

1

116

33

150

 

Hypothesis:

H₀: There is no significant relationship between brand loyalty programs and customer satisfaction.

 H₁: There is a significant relationship between brand loyalty programs and customer satisfaction.

 

Inference: 

The majority of respondents (99%) express satisfaction with loyalty program apps, with 116 agreeing and 33 strongly agreeing. Nippon Paint has the highest satisfaction, with 98% of its users endorsing the program. Other brands, including Berger, Asian Paints, and Birla Opus, also receive positive feedback. The significance value (p-value = 0) leads to the rejection of the null hypothesis, indicating a strong statistical relationship between brand loyalty programs and customer satisfaction.

 

Table 4: Cross Tabs for Year of Experience and Brand Preference Table:4 Cross Tabs for Year of Experience and Brand Preference

 Years of Experience

 

Brand Preference

 

Total

Nippon

Asian Paints

Berger

Birla

Opus

Others

< 2 years

11

6

4

5

2

28

3 - 5 years

13

8

7

6

4

38

6 - 10 years

18

9

6

7

5

45

> 10 years

22

10

5

6

4

47

Total

64

33

22

24

15

150

 

Inference:

It is Inferred that , the Nippon is the most preferred brand across all experience levels, with 64 out of 150 respondents favouring it. Asian Paints follows, with 33 respondents showing preference, while Berger (22), Birla Opus (24), and others (15) have relatively lower selections. Notably, brand preference remains consistent across experience levels, with seasoned professionals (more than 10 years) still favouring Nippon.

 

Table: 5 Weighted Average for the Factors

Factors

Weighted Average 

Rank

Digital Presence

3.94

1

Promotions

3.89

2

Quality

3.85

3

Customers Perspective

3.74

4

Product Variety

3.66

5

 

Inference:

It is inferred that, the Digital presence is the most influential factor (3.94) in decision-making, highlighting the growing importance of online engagement. Promotions (3.89) and quality (3.85) follow closely, emphasizing the impact of marketing efforts and product standards. Customer perspective (3.74) and product variety (3.66) rank lower, suggesting that while these factors are important, they play a relatively lesser role in influencing choices.

CONCLUSION

From this research paper, it is observed that a leading paint brand is the most widely used among respondents. Dealers and users associated with this brand provide positive feedback and exhibit strong brand loyalty. The primary competitor in the market is another established paint brand, followed by other key players such as Berger Paints and Birla Opus. As a new entrant, Birla Opus is striving to capture market share through an attractive points based loyalty program. To sustain long-term market efficiency and competitiveness, established paint brands can enhance their loyalty programs by optimizing their reward structures and customer engagement strategies.

REFERENCES
  1. Sankararaman, R. (2014), Competitor analysis and dealer preference for Nippon Paint tools and accessories.
  2. Musdhad, A. (2015). An overview of the paint industry in Bangladesh: A case study on Berger Paints Bangladesh Limited.
  3. Atieno, R. (2015). Factors influencing loyalty towards paint brands by contractors in Nairobi City Country.
  4. Adhil, M. (2015). Trends in the wallpaper and coating industry of Bangladesh: A study on Berger Paints.
  5. Joy, F. (2015). Adoption of technology in the paint industry: A case study on Berger Paints Bangladesh Limited.
  6. Rani, S. (2018). Market segmentation in the Indian paint industry: A study on Berger Paints.
  7. Ram, K. (2020). Competitive advantages and challenges in the Indian paint industry.
  8. Huq, M. (2020). A literature review on paint industries: Market trends and research methodologies.
  9. Reena, P. (2020). The evolution of the Indian paint industry: Growth drivers and market dynamics.
  10. Lawrence, J. (2021). Future trends in the wallpaper and coating industry: A study on Berger Paints Bangladesh.
  11. Paul, D. (2023). The role of influencer marketing in shaping brand preferences in the decorative paint market.
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