BCF Survey Reports Confidence in UK Coatings Sector Is Down
MANCHESTER, UK — As with other manufacturing sectors, the UK coatings, printing ink and wallcoverings industries have experienced challenging trading conditions since the end of March. While retail paint, woodcare, packaging (coatings and inks) sales have been strong during lockdown, industrial coatings, professional decorative coatings and publication printing inks have experienced 20-50% lower sales than normal.
This overall uncertainty is reflected in the latest BCF Business Confidence Index, based on research with coatings and printing ink manufacturers in June 2020. Overall confidence has fallen to its lowest level since the survey began in 2012.