Multilac - Macksons Paints: Spreading Sri Lankan Colours in Bangladesh

We are thrilled to share the news that Multilac - Macksons Paints, Sri Lanka’s premier paint manufacturer and exporter, has launched its newest venture in Dhaka, Bangladesh. This marks a significant milestone for our company, as we expand our global footprint and bring our high-quality products and services to a new market.

Multilac - Macksons Paints is a subsidiary of Macksons Holdings, one of Sri Lanka’s leading conglomerates with diversified interests in consumer, industrial and export sectors. For over 50 years, we have been empowering the nation with our innovative and sustainable solutions, while earning numerous awards and accolades for our excellence

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Multilac is Sri Lanka’s largest paint exporter, with a presence in over 10 countries, including Australia, China, Saudi Arabia, and now Bangladesh. We offer a wide range of decorative, industrial, specialty and marine paints, as well as colour tinting systems, wood finishes, waterproofing, adhesives and more. We are also the first and only paint brand in South Asia to have received the internationally recognized certification of conformity as a “lead safe” paint from IPEN Org. America.

Our new venture in Dhaka is a testament to our vision of spreading Sri Lankan colours around the world. We have invested in a state-of-the-art production facility, equipped with the latest technology and quality standards, to cater to the growing demand for paint and coatings in Bangladesh. We have also partnered with local distributors and retailers to ensure the availability and accessibility of our products across the country.

We are confident that our new venture will create value for our customers, stakeholders and the community at large. We are committed to delivering the best quality and service, while adhering to our core values of integrity, innovation and sustainability. We are also excited to explore the opportunities for collaboration and learning with our counterparts in Bangladesh, as we aim to contribute to the development and growth of the paint and coatings industry in the region.

We would like to express our sincere gratitude to all those who supported us in making this venture possible, especially our team members, partners, suppliers and customers. We look forward to working with you and serving you in Bangladesh. Here’s to a future of growth and collaboration!

Why Bangladesh?

Bangladesh is one of the fastest-growing economies in the world, with a GDP growth rate of 5.2% in 2023. It is also the second-largest market in South Asia, with a population of over 160 million people. The country has a vibrant and diverse culture, with a rich history and heritage.

Bangladesh is also a promising market for the paint and coatings industry, as it has a huge demand for infrastructure development, urbanization, and industrialization. According to a report by Research and Markets, the Bangladesh paint market is expected to grow at a compound annual growth rate (CAGR) of 8.6% during 2020-2025. The report also identifies the key drivers, challenges, and opportunities for the market, as well as the competitive landscape and the major players.

What Makes Us Different?

We are not just another paint company. We are a company that cares about our customers, our environment, and our society. We are a company that strives to make a difference with our products, our services, and our actions. Here are some of the things that make us stand out from the crowd:

• Quality: We use the finest raw materials, the most advanced technology, and the most stringent quality control measures to ensure that our products meet the highest standards of performance and durability. We also have a dedicated research and development team that constantly innovates and improves our products to suit the changing needs and preferences of our customers.
• Innovation: We are always looking for new ways to enhance the value and functionality of our products. We offer a variety of solutions that cater to different segments and applications, such as eco-friendly paints, anti-bacterial paints, heat-resistant paints, and more. We also have a colour tinting system that allows our customers to customize their own colours and shades, according to their taste and mood.
• Sustainability: We are committed to reducing our environmental impact and promoting green practices throughout our operations. We are the first and only paint brand in South Asia to have received the certification of conformity as a “lead safe” paint from IPEN Org. America, which means that our products do not contain any harmful levels of lead or other heavy metals. We also use water-based formulations, recyclable packaging, and renewable energy sources to minimize our carbon footprint and waste generation.
• Service: We believe that customer satisfaction is the key to our success. We provide our customers with a comprehensive range of services, such as colour consultation, site inspection, application guidance, after-sales support, and warranty. We also have a network of trained and experienced dealers and applicators, who ensure the proper and timely delivery and installation of our products. We also have a toll-free customer care hotline, where our customers can reach us anytime, anywhere.

We are confident that our new venture will create value for our customers, stakeholders and the community at large. We are committed to delivering the best quality and service, while adhering to our core values of integrity, innovation and sustainability. We are also excited to explore the opportunities for collaboration and learning with our counterparts in Bangladesh, as we aim to contribute to the development and growth of the paint and coatings industry in the region.

We would like to express our sincere gratitude to all those who supported us in making this venture possible, especially our team members, partners, suppliers and customers. We look forward to working with you and serving you in Bangladesh. Here’s to a future of growth and collaboration!