According to the report by Expert Market Research (EMR), the global painting tools and accessories market is projected to grow at a CAGR of 6.8% between 2024 and 2032. Aided by the booming construction industry and the rising trend of DIY home renovations and makeovers, the market is expected to grow significantly by 2032.
Painting tools and accessories include a wide range of products such as brushes, rollers, scrapers, trays, and drop cloths, among others. These tools are pivotal in ensuring a seamless painting experience, from preparing surfaces to the application of paint and final touch-ups. With increased urbanization, new residential and commercial structures are sprouting up, and existing ones often require repainting or refurbishing, leading to a consistent demand for painting tools and accessories.
The rising consumer inclination towards DIY projects, primarily driven by online tutorials and home makeover television shows, has significantly impacted the global painting tools and accessories market growth. More homeowners are now undertaking painting tasks on their own, valuing the satisfaction of personal effort and the potential cost savings.
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Furthermore, the continuous advancements in product technology play a crucial role in the market’s progression. Modern painting tools are designed to provide superior finishes, save paint, and reduce the effort and time required for the painting process. As per the painting tools and accessories market analysis, innovations such as microfiber rollers, ergonomic brush handles, and paint-saving trays have further streamlined the painting process, driving consumer interest and demand.
On the industrial front, the growing construction industry, especially in emerging economies, is a significant market booster. As urban centres expand and populations rise, there is an increasing demand for residential and commercial spaces, all of which require painting. This trend ensures a steady demand for painting tools and accessories and further contributes value to the painting tools and accessories market size.
The North American region, led by the U.S. and Canada, holds a substantial market share in the market. The driving forces behind this dominance are the well-established real estate sector, the popularity of DIY projects, and the presence of major market players in the region. The trend of home remodelling and redecoration, particularly in the U.S., further accelerates painting tools and accessories market demand.
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Painting Tools and Accessories Market Segmentation
The market can be divided based on product, application, and region.
Market Breakup by Product
- Brushes
- Rollers
- Spray Guns
- Scrapers
- Others
Market Breakup by Application
- Construction
- Residential
- Commercial
- Industrial
- Automotive
- Appliances
- Furniture
- Industrial Machineries and Equipment
- Packaging
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global painting tools and accessories market. Some of the major players explored in the report by Expert Market Research are as follows:
- Asian Paints Ltd.
- Gordon Brush Mfg. Co., Inc.
- Wagner GmbH
- Nespoli Group Spa
- The Sherwin-Williams Co.
- Others
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