Paint Company’s Entry Decision into Putty Market

Seema Laddha

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Case Studies
19 A

Putty market in India grew at a compound annual growth rate of 15% over the period FY07–FY20. Many organized and unorganized players entered the putty market since its introduction. Putty was invented by cement companies to increase offtake of cement which otherwise declined owing to reduced use of marble. Painters are purchasing putty to be used before the paint to improve the texture of the walls and to fill cracks. Therefore, to take advantage of distribution channels and dealers’ network, paint companies introduced putty. Consumers, who use putty to improve aesthetics of their home, have very less knowledge about putty. They depend on painter or contractor for it. XYZ colourant company wanted to enter the white putty market to use the market opportunity along with coloured putty for economic project where cost is the constraint. This case study culminates with the probing question about the peculiarity of industry where two different industries are involved for the same product. This case study is designed to understand the target consumers’ behaviour and the entry decisions of the company to the growing market.

Subjek

STRATEGIC MANAGEMENT
 

Katalog

Paint Company’s Entry Decision into Putty Market
ISSN: 2045-0621
11p.: pdf file.; 331 KB
English

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Seema Laddha
Perorangan
 
 

Penerbit

Emerald Publishing Limited
New York
2023

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