Industrial Paints FactoryIn Saudi Arabia

Industrial paints factory

Study request

mashroo3k Consulting offers a feasibility study for an industrial paints manufacturing factory project, ensuring the highest profitability and the best payback period. This is achieved through detailed studies of the Saudi market size, analysis of local and international competitors’ strategies, and the provision of competitive pricing offers.

Capital

rate of return

Recovery period The third year

Industrial paint factory project description

Building and car paints are provided by an industrial paint factory. mashroo3k Economic Consulting Company indicates that the paint industry is one of the recently popular industries according to market research, as demand for it is increasing due to its major contribution to basic finishing works in the construction and contracting sector.

Mashroo3k Consulting provides Saudi investors interested in establishing an industrial paint factory with a range of specialized feasibility studies. These studies are based on updated market databases specific to Saudi Arabia, ensuring project success, maximum profitability, and optimal payback periods. They include detailed analyses of the Saudi market size, competitive strategies of both local and foreign players, and the ability to offer competitive pricing.

Industrial paint factory products

Glossy decorative plastic emulsion paints.
Semi-gloss decorative plastic emulsion paints.
Matte decorative plastic emulsion paints.
Car paints.

Product quality is the key factor in determining its competitiveness; therefore, mashroo3k Consulting incorporates the required quality standards for industrial paint products in its feasibility studies, based on internationally recognized and accredited measures. Additionally, the studies include an analysis of potential risks and strategies to avoid or mitigate them, helping the product gain the desired trust from users as soon as it enters the market.

Why Mashroo3k ?

Mashroo3k has over 10 years of experience in preparing feasibility studies, conducting market research, and providing comprehensive consulting services.
Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
Having delivered over 7,000 feasibility studies, Mashroo3k has helped thousands of clients achieve their investment goals.
Mashroo3k’s services are accredited and trusted by all financial institutions and funding entities across the Middle East.
The company’s geographic reach spans 35 countries across all continents.
Mashroo3k holds membership in over 100 prestigious international organizations specializing in market research and business management.
Its team consists of 350 consultants with deep expertise in promising economic sectors, ensuring tailored solutions and strategies that meet clients’ needs.
Mashroo3k is partnered with more than 10,200 suppliers across 22 countries, providing logistical support for projects, including production lines, raw materials, machinery, and equipment.
With an extensive database, Mashroo3k enhances the accuracy of its forecasts and analyses, strengthening its risk management capabilities.

Use of industrial technology.
Use of high quality raw materials.
The paint industry relies on experts and technicians.
Increasing the local production share of paints.
Ease of access to the necessary raw materials.
The diversity of sectors using the product

Executive Summary

About the project
Financial indicators
Rationale for the project
Government investment incentives in the project field
Target Markets
Project indicators and final results

Study of the project’s services/products.

Project description and all its products/services.
Project advantages and production requirements.

Market size study.

Understanding distribution channels.
Consumer behavior, preferences, and tendencies.
Competitors’ products or services, along with their strengths and weaknesses.
Market nature and its characteristics.
The demand size for the offered product or service.
The available share of the target market.
The optimal marketing strategy.

Risk assessment study.

Risk identification.
The impact of risks on the project.
Risk prevention methods.

Technical study.

A detailed description of the project’s products, expected production capacity, and determination of investment costs.
Determining the required electricity and water capacity.
Determining the project’s labor requirements.
Determining the project’s requirements.
Calculating construction and building costs.
Calculating the total capital.
Determining the annual operating costs.
Determining the amount of working capital.

Financial study.

Total investment costs required for the project.
Organizing cash flow statements, income statements, and the balance sheet for the first ten years of operation.
Determine the expected annual revenues of the project in light of the specified operational
The optimal financial structure for the project considering investors’ capabilities and financing terms.
The project’s financial indicators and sensitivity analysis.

Organizational and administrative study

Project workforce.
Organizational structure.
Job responsibilities.

The Kingdom of Saudi Arabia has paved the way for development with its ambitious Vision 2030, which aims at economic diversification, the renaissance of non-oil sectors and increasing the contribution of the private sector to GDP, and this can only be achieved through the renaissance of industry and mining as two main tributaries in major economies, and the Kingdom is determined to increase their participation in its GDP by about 15%. When talking about industry in the Kingdom, it should be noted that it was not born out of the moment, but rather it has been extended and rooted since the discovery of oil in the Kingdom in the late thirties of the last century. Over the decades, the Kingdom spared no effort to develop its industry; it established the Industrial Development Fund (1974), the Royal Commission for Jubail and Yanbu (1975), and SABIC in 1976. The roles and tasks undertaken by these institutions and the programs they worked on to grow the industrial sector and develop its performance and working mechanisms are no secret to anyone. As a result of the efforts exerted years ago in this direction, the number of factories in the Kingdom today has increased to more than 10,000 factories. We, Mashroo3k , believe in the importance of the industrial sector and its role in driving the economy, so we will present its most important indicators below so that anyone wishing to invest in it can be aware of them:

The total number of factories in Saudi Arabia now reaches 10,138, including both operating factories and those under construction.
The building materials industry holds the largest share of factories in the Kingdom, with 2,016 factories, followed by the metal industry with 1,705 factories.
The number of food factories in the Kingdom reaches 1,445 factories.
The plastic and rubber industry has 1,317 factories.
The number of operating factories, according to the latest statistics, reaches 8,258 factories.
The number of licensed workers in these operating factories reaches 967,119 workers.
The capital of these operating factories reaches 1,214,762,000,000 SAR.
The Riyadh region holds 39.4% of the total operating factories, with 3,255 factories.
The Eastern Province holds 41.4% of the total capital of operating factories, amounting to 503,448,000,000 SAR.
The percentage of medium-sized factories is estimated at 46.9% of the total number of operating factories.
The number of factories under construction is estimated at 1,880 factories.
According to the latest available statistics, the number of licensed workers in factories under construction is 84,342 workers. The capital of these factories is estimated at 67,264,000,000 SAR.
Food products hold the largest share of factories under construction, with 249 factories (13.4%), followed by rubber and plastic products with 222 factories (11.9%).
Small enterprises account for 72.4% of the total number of factories under construction.
The largest number of factories under construction is located within the Riyadh region, which alone accounts for 43.9% of the total. It is followed by the **Eastern

Saudi Arabia is currently developing 14 industrial cities and zones with a total area of 34 million km^².
Investment in the industrial sector is growing at a rate of 16%.
Vision 2030 has contributed to increased investments in the industrial sector. Before the vision, the invested capital in the sector was approximately 955.4 billion SAR, rising to 1.11 trillion SAR by the end of 2020.
The Ministry of Industry and Mineral Resources provides investors with various services through the “Sanai” electronic platform, such as industrial licensing, customs exemption (allowing investors to exempt machinery, raw materials, and spare parts from customs duties), workforce endorsement, and chemical clearance.
The Saudi Industrial Development Fund offers many incentive programs, Like this: (Horizons, Competitiveness, Localization, Renewable). The fund is credited with expanding the industrial sector, offering up to 75% of the project’s value as a loan in some economically promising areas. Like this: (Hail, Tabuk, Al-Jouf, and others) with a maximum financing period of up to 20 years. Notably, the total funds disbursed by the fund reached 121.1 billion SAR by December 31, 2020