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Painting Tools Market Size By Product (Brushes, Rollers, Scrapers, Knives, Trays, Spray Gun, Masking Tapes), By Application (Construction [Residential, Commercial, Industrial], Automotive, Appliances, Furniture, Industrial Machinery & Equipment, Packaging), COVID-19 Impact Analysis, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 – 2028

  • Report ID: GMI1843
  • Published Date: Jan 2022
  • Report Format: PDF

Industry Trends

Painting Tools Market size exceeded USD 10 billion in 2021 and is estimated to exhibit 5% CAGR from 2022 to 2028. The demand varies based on parameters such as environmental friendliness, price, easy usability, quality, and fast paint applicability. Growth in the commercial and housing construction sector based on the required characteristics will continue to drive industry demand.
 

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Several players across the globe are undertaking R&D initiatives aimed at advancing techniques for the expansion and development of these products. Additionally, commercial feasibility and end-use of these products are the prime focus of these researchers. Advancements in designs will boost user applicability.
 

Increasing urbanization will support the overall residential growth

The residential application is poised to generate around USD 5.5 billion by 2028 owing to increasing needs for residential buildings and houses. The rising demand for smart cities and increased construction expenditure to economically stabilize countries are anticipated to propel the painting tools market. Continuous increase in population and growing urbanization have upsurge the requirement for smart infrastructure solutions.
 

Rising automotive industry to spur painting tools demand

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The automotive application is set to account for more than USD 850 million by 2028. The growing automotive sector has resulted in a high demand for paints & coatings to provide protection and aesthetic appeal to the vehicles. Automobile and auto ancillary parts require an even paint layer along with minimum wastage on the paint product. Recent technological developments providing spray painting on auto parts are likely to drive the market demand. Moreover, favorable loans offering low-price EMI are likely to augment the industry statistics.
 

Increasing sales of appliances

The painting tools market from appliances segment is slated to witness nearly 4.5% CAGR through 2028. Paints & coatings are mainly used for protecting appliances from damage and extending their shelf life.
 

Paints, pigments, and coatings can either be organic or inorganic; however, inorganic products are less expensive than the two. Appliances contain small parts that need to be painted well to protect them from rusting with the help of small painting brushes. The growing consumer power has resulted in appliance industry expansion. This has resulted in the increased usage of paint & coatings. An increase in well-informed customers due to easy accessibility of information about prices and product characteristics has further increased product demand.
 

The rollers segment to capture a significant market share

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The paint rollers market is forecast to hold about 25% of the volume share by 2028. Paint rollers provide an efficient way of applying paints on large flat surfaces including ceilings and walls. A paint roller comprises a roller frame and roller cover. Roller covers are available in many varieties in terms of nap lengths and fabrics. A roller cover must be selected depending on the nap length and fabric that best suits the job at hand. Roller covers are manufactured using synthetic and natural fibers. Synthetic materials including polyesters are resistant to matting and do not absorb the paint easily relative to natural fibers.
 

Presence of a large construction industry in Europe

 

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Europe painting tools market is predicted to cross 300 million units demand by 2028 owing to the considerable growth prospects in Industrial infrastructure, which in turn, will increase the energy needs. Strict regulatory codes on sustainable housing, agricultural construction, plumbing, industrial fire safety, and workshops will be essential factors contributing to the construction industry growth in the region. The rise of numerous industries including metallurgical & mining and oil & gas will foster the market revenue as these industries require water-proof paintings applied using special tools such as scrapers and spray guns. The rising awareness of green construction and smart infrastructure will further boost the industry in Europe.
 

The painting tools industry to be highly competitive

The industry is highly competitive with the presence of several players with most of the companies offering identical products. The competition is increasing with improving distribution channels along with new entrants entering the market. Numerous local participants influence the market by the adoption of various strategies including continuous mergers & acquisitions, collaborations, and supply agreements.
 

Some of the key painting tools market players are Gordon Brush, Mill-Rose Company, Braun Brush, Purdy, Anderson Products, Milton Brushware, Allway Tools, Harbor Freight Tools, EPOS Egypt, Dura Paints, Asian Paints, MAAN, NOUR Egypt, PETA Decorating, JAT Holdings, Technochem Industries, and Nespoli Group.
 

This market research report on painting tools includes in-depth coverage of the industry with estimates & forecast in terms of volume in Million Units and revenue in USD million from 2018 to 2028 for the following segments

Market, By Product

  • Brushes
  • Rollers
  • Scrapers
  • Knives
  • Trays
  • Spray gun
  • Masking tapes
  • Others

Market, By Application

  • Construction
    • Residential
    • Commercial
    • Industrial
  • Automotive
  • Appliances
  • Furniture
  • Industrial machinery & equipment
  • Packaging

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Poland
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Indonesia
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Iran
    • Iraq
    • Egypt
    • South Africa

 

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The market size painting tools crossed USD 10 billion in 2021 and is poised to record 5% CAGR up to 2028, says this GMI report.
The automotive applications of painting tools is estimated to cross USD 850 million by 2028 driven by the higher need for paints & coatings to provide protection as well as aesthetic appeal to the vehicles.
The demand for painting tools in Europe is expected to exceed 300 million units, in terms of volume, by 2028 due to the expanding industrial infrastructure, the presence of severe regulatory codes, and the booming construction industry in the region.

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 20
  • Tables & Figures: 247
  • Countries covered: 25
  • Pages: 200
  • Upcoming Report: Details can be customized to meet your information and data needs. Feel free to share your detailed research requirements via this form.

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