Asian paints swot

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Information about Asian paints swot
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Published on March 8, 2014

Author: saurabhgoel7

Source: slideshare.net

Swot Analysis Asian Paints Strengths Weaknesses Opportunities Threats

Overview ➲ ➲ ➲ ➲ ➲ Parent Company - Asian Paints Category - Paint Industry Sector - Industrial Products and Chemicals Tagline/ Slogan - Merawala blue; Har ghar kuch kehta hai ki ;Ask Aparna USP - India’s biggest brand with widest reach.

Strengths ➲ ➲ ➲ 1. The largest paint company in India and third largest company in Asia 2. They have over 35% of market share in organized sector and are clear leaders in decorative paints and are strong competitors to Kansai Nerolac to be leaders in Industrial paints and coatings. 3. They operate in 17 countries and have 24 manufacturing facilities providing service to 65 countries all over the world.

➲ ➲ ➲ 4. Asian paints has strong international presence with its four 4 subsidiaries; Berger International Limited, Apco Coatings, SCIB Paints and Taubmans. 5. Most renowned brand in Indian Paint Industry & its strong customer focus and innovative-spirit has made it market leader since 1968. 6. Superior technologies deployed to achieve and maintain the competitive edge.

➲ ➲ ➲ ➲ ➲ 7. They have maintained their brand name and increased awareness by unique ways of advertising and roping in celebrities like Saif Ali Khan. 8. The company has strong financials. 9. logo 'Gattu', an impish boy with the paint tin and brush, is most popular and easily recognized.

Weaknesses ➲ ➲ 1. Limited market share in industrial paints segment with Kansai Nerolac and Akzonobel giving stiff competition. 2.In decorative paints Industry Customer tastes and perceptions change very fast and products may become obsolete with change in trends, hence production planning and inventory problem.

Opportunities ➲ ➲ ➲ ➲ 1. Big an international standard paint company it should look for more opportunities abroad 2. There is a good scope for growth especially in industrial paints category 3. Needs to have more focus on Automobile industry in industrial paints segment 4. Competitors are going for Hi-tech process and Asian paints with good financial and intellectual capital can go for hi-tech.

Threats ➲ ➲ ➲ 1. Growth prone to slowdown effects 2.Stringent Government rules and regulations regarding the quality of products and manufacturing facilities as Environment policies are given more emphasis 3.Raw material scarcity and volatlility in prices.

Competitors ➲ ➲ ➲ ➲ ➲ ➲ 1.Jenson & Nicolson India Limited. 2. Kansai Nerolac 3.Akzonobel 4. Sherwin-Williams Co. 5. Nippon Paints Co. 6. PPG Industries Inc.

Competitors ➲ ➲ ➲ ➲ ➲ ➲ 1.Jenson & Nicolson India Limited. 2. Kansai Nerolac 3.Akzonobel 4. Sherwin-Williams Co. 5. Nippon Paints Co. 6. PPG Industries Inc.

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