Description
SWOT ANALYSIS OF AKZONOBEL
AkzoNobel
Parent Company
AkzoNobel
Category
Industrial Products and Chemicals
Sector
Construction and Real Estate
Tagline/ Slogan
Tomorrow’s Answers Today
An international brand that caters to wide range of industries ranging USP from infrastructure to personal care.
STP
Upper and middle class strata who want good quality products with Segment international brand.
Paint category-infrastructure (homes and commercial buildings) industry, industrial chemicals-process industries; surface chemistryTarget Group personal care industry.
A global brand serving world over in paints & protective coatings, Positioning industrial chemicals and organic formulations.
SWOT Analysis
1. AkzoNobel is the largest global paints and coatings company and a major producer of specialty chemicals 2. With operations in 80 countries and having human capital of around 55,000 this Netherlands’ paint major is in Global Fortune 500 and one of the leaders in Dow Jones Sustainability Indexes. 3. The world's best-selling paint: powder coatings, wood coatings, coil coatings, marine protective coatings, aerospace coatings. European markets selling paint: decorative coating Asia-Pacific market and the North American market selling coatings: decorative paints, wood coating. 4. Wide variety of products ranging from paints to industrial chemicals to organic chemicals provides them scope of diversification compared to other conventional paint companies. 5. Continuous R&Ds with international facilities and minds coming Strength together has helped them stay at par with competitors.
1. 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. Weakness 2.Large working capital required.
1. Capitalizing on emerging Asian Markets is critical. 2.With more advertising like Asian paints, Nerolac and Berger Paints they can create more brand awareness for their lesser known products. 3. Being an international company and financially strong company they Opportunity can use their muscle power to enter potential markets in a strong way.
1.European markets are in bad shape; growth opportunities very limited. 2.Local competitors who offer few products at lesser price 3. Government rules and regulations regarding the quality of products and manufacturing facilities as Environment policies are given more emphasis. Threats 4. Raw material scarcity, volatility in prices
Competition
1. Asian Paints 2. Berger Paints Competitors 3. Shalimar Paints
doc_832373539.docx
SWOT ANALYSIS OF AKZONOBEL
AkzoNobel
Parent Company
AkzoNobel
Category
Industrial Products and Chemicals
Sector
Construction and Real Estate
Tagline/ Slogan
Tomorrow’s Answers Today
An international brand that caters to wide range of industries ranging USP from infrastructure to personal care.
STP
Upper and middle class strata who want good quality products with Segment international brand.
Paint category-infrastructure (homes and commercial buildings) industry, industrial chemicals-process industries; surface chemistryTarget Group personal care industry.
A global brand serving world over in paints & protective coatings, Positioning industrial chemicals and organic formulations.
SWOT Analysis
1. AkzoNobel is the largest global paints and coatings company and a major producer of specialty chemicals 2. With operations in 80 countries and having human capital of around 55,000 this Netherlands’ paint major is in Global Fortune 500 and one of the leaders in Dow Jones Sustainability Indexes. 3. The world's best-selling paint: powder coatings, wood coatings, coil coatings, marine protective coatings, aerospace coatings. European markets selling paint: decorative coating Asia-Pacific market and the North American market selling coatings: decorative paints, wood coating. 4. Wide variety of products ranging from paints to industrial chemicals to organic chemicals provides them scope of diversification compared to other conventional paint companies. 5. Continuous R&Ds with international facilities and minds coming Strength together has helped them stay at par with competitors.
1. 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. Weakness 2.Large working capital required.
1. Capitalizing on emerging Asian Markets is critical. 2.With more advertising like Asian paints, Nerolac and Berger Paints they can create more brand awareness for their lesser known products. 3. Being an international company and financially strong company they Opportunity can use their muscle power to enter potential markets in a strong way.
1.European markets are in bad shape; growth opportunities very limited. 2.Local competitors who offer few products at lesser price 3. Government rules and regulations regarding the quality of products and manufacturing facilities as Environment policies are given more emphasis. Threats 4. Raw material scarcity, volatility in prices
Competition
1. Asian Paints 2. Berger Paints Competitors 3. Shalimar Paints
doc_832373539.docx