Asian Paints SWOT Analysis, Competitors & USP

Asian Paints

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.

Asian Paints STP

Segment

Caters to all segments with brand Royale aimed at premium segment and rest at mass market.

Target Group

Home-owners, industries-hotels, education, healthcare, agro & manufacturing equipment and automobile etc.  infrastructure, govt. buildings

Positioning

A complete array of products to cater to everyone.

Asian Paints SWOT Analysis

Strengths

Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Asian Paints. Strengths are:

1. The largest paint company in India and third largest company in Asia

2. They have over 50% of market share and are clear leaders decorative paints and are strong competitors to Kansai Nerolac Paints 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 maintain the competitive edge for eg. Supply chain management system that integrates plants, regional distribution centers, outside processing centers etc. hence they have strongest supply chain system with

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.

Weaknesses

Here are the weaknesses of Asian Paints :

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

Following are the Opportunities of Asian Paints :

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

The threats of Asian Paints are as mentioned :

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.

Asian Paints Competition

Competitors

Below are the 6 main Asian Paints competitors :

1.Jenson & Nicolson India Limited.
2. Kansai Nerolac Paints
3.Akzonobel

4. Sherwin-Williams

5. Nippon Paint

6. PPG Industries