Crown Paints is The Fastest-Growing Kenyan Brand According to Brand Finance Kenya 25 2023

The recently released Kenya 25 2023 report, published by Brand Finance – a global brand valuation consultancy, provides a comprehensive list of the most valuable Kenyan Brands. This includes well-known companies like Safaricom, Equity Bank, and Kenya Commercial Bank, which were ranked based on their brand strength, brand value, and other financial metrics as determined by Brand Finance’s assessment.

The report takes into account factors such as brand reputation, brand awareness, customer loyalty, financial performance, and market share to determine the rankings. It also includes analysis of industry trends and insights into the performance of individual brands.

According to Brand Finance Kenya 25 2023, leading Kenyan paint manufacturing company Crown Paints Kenya is the fastest growing brand, up 70% to KES2.1 billion. The Nairobi Securities Exchange-listed paint firm produces a wide range of paint products, including emulsion paints, gloss paints, textured paints, wood finishes, and industrial coatings, among others. The company’s products are designed to meet the needs of various customers, including homeowners, architects, contractors, and industrial clients, and also provides technical support, color consultation services, and training to its customers.

With additional regional operations in Uganda, Tanzania and Rwanda, Crown Paints Kenya has benefitted from the phasing out of pandemic-induced restrictions in East Africa over the past year. As the construction industry in the region has begun to pick up, there has been an increase in demand for its products, contributing to a jump in revenues.

ABOUT CROWN PAINTS: Crown Paints Kenya PLC was established in 1958 and is the number one paint manufacturing company in Kenya. As the Kenyan decorative brand leader since 1986, Crown Paints has built a strong distribution network. Quality has been the key to the company’s consistent performance and growth, supported by its close to 700 loyal staff, as well as distribution dealers, some of whom have had 40 years trading or more as key distributors.

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