Painting Tools Market Analysis

Painting Tools Market Analysis

In terms of product, the painting tools Market is segmented as brushes, scrapers, rollers, knives, spray guns, trays, masking tapes, and others. The painting brushes industry is estimated to showcase a 6% CAGR over 2023-2032. Brushes are the traditional and most fundamental tools used for painting and can be used to paint corners of walls & ceilings, which is not possible which rollers or spray guns. The natural or synthetic bristles of the brush help in delivering a smooth finish and provide a comfortable grip, which is driving segment growth.
 

With respect to application, the market is segmented as construction, appliances, automotive, industrial machinery & equipment, furniture, and packaging. The painting tools market size from the construction segment will surpass USD 12.95 billion by the end of 2032. The construction sector generates major revenue from residential buildings including new construction and renovations. The long-term maintenance of buildings and infrastructure and new developments are accelerating segment progression. High application of paints & coatings on interior and exterior walls of buildings is fueling product adoption.
 

Europe painting tools market is primed to account for over USD 4.5 billion by 2032, attributed to the considerable progress in industrial infrastructure, which is boosting energy demands. Rising awareness of green construction and smart infrastructure will further drive industry growth in Europe. To cite an instance, in January 2023, the European Union inked a Green Deal for 4.11 billion Euros to boost its clean energy transition.