PUBLISHER: The Business Research Company | PRODUCT CODE: 1678204
PUBLISHER: The Business Research Company | PRODUCT CODE: 1678204
Painting tools are handheld implements utilized for efficient painting, minimizing paint and material wastage. They play a significant role in industrial manufacturing processes and renovation projects, aiding in precise and effective application of paint.
Painting tools encompass a variety of product types, with key categories including brushes, rollers, scrapers, knives, trays, spray guns, masking tapes, and others. Brushes, characterized by bristles, are employed to apply paint on surfaces and find applications in construction, appliances, automotive, industrial equipment and machinery, furniture, packaging, and other sectors. These tools are distributed through both online and offline channels to cater to diverse consumer needs.
The painting tools market research report is one of a series of new reports from The Business Research Company that provides painting tools market statistics, including painting tools industry global market size, regional shares, competitors with a painting tools market share, detailed painting tools market segments, market trends and opportunities, and any further data you may need to thrive in the painting tools industry. This painting tools market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The painting tools market size has grown strongly in recent years. It will grow from $12.9 billion in 2024 to $14.14 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to rapid urbanization, commercial and residential building renovations, government spending on construction, social and economic development.
The painting tools market size is expected to see strong growth in the next few years. It will grow to $20.48 billion in 2029 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to rising demand for eco-friendly painting tools, growing renovation of commercial and residential buildings, housing market growth, consumer preferences. Major trends in the forecast period include innovation in paint formulations, technological advancement, increasing collaborations, advanced paint formulations.
The rising trend of renovating commercial and residential buildings is anticipated to fuel the growth of the painting tools market in the future. Renovation involves updating and modifying old and defective structures to restore them to a better condition. Painting tools facilitate various tasks, such as cleaning walls, scraping off loose paint, and removing rust from metal surfaces. For instance, in June 2024, Statistics Finland, a government agency in Finland, reported that households spent EUR 5.2 billion on renovations in 2023, reflecting a 2.7% increase compared to 2022. Consequently, the growing trend of renovating commercial and residential buildings is expected to drive the expansion of the painting tools market.
The rise in automotive production is projected to boost the growth of the painting tools market in the future. Automotive production encompasses the manufacturing of various vehicles, including cars, trucks, motorcycles, and other motor vehicles. Painting tools are utilized to apply protective coatings, enhance aesthetic appeal, and ensure the durability of vehicle surfaces, contributing to corrosion resistance, color customization, and overall product quality. For example, in 2023, the Organisation Internationale des Constructeurs d'Automobiles (OICA), a France-based international association of automobile manufacturers, reported that global automotive production significantly increased in 2022, reaching 84.83 million units, up from 80 million units produced in 2021. Therefore, the growth in automotive production is propelling the expansion of the painting tools market.
Technological advancement is a prominent trend gaining momentum in the painting tools market, with major companies concentrating on the development of cutting-edge innovations, particularly in the realm of do-it-yourself (DIY) solutions, to expand their market share. A case in point is AkzoNobel India, an India-based company specializing in paints and coatings. In April 2022, the company introduced Dulux Simply Refresh, an all-encompassing range of DIY solutions encompassing decorative paints, repair solutions, and painting kits. Dulux Simply Refresh spray paint, within this range, stands out as a user-friendly aerosol incorporating low drip and low splatter technology. This innovation ensures a gloss finish on all pre-painted surfaces, boasts a quick-drying formulation, and features waterproofing properties. AkzoNobel's launch of Dulux Simply Refresh exemplifies its strategic focus on leveraging technological advancements, catering to the growing demand for DIY solutions, and thereby enhancing its market presence.
Major companies within the painting tools market are increasingly adopting a strategic partnership approach to jointly develop sustainable painting tool technology, particularly for vehicle manufacturing. A strategic partnership involves a collaborative agreement or alliance between two or more entities, such as companies, organizations, or governments, with the goal of achieving mutually beneficial objectives. A notable example occurred in July 2023 when Durr AG, a Germany-based engineering company, entered into a strategic partnership with Mercedes-Benz Group AG, a Germany-based automobile company. The primary objective of this collaboration is to achieve a significant reduction in energy consumption per painted car body. The partnership aims to accomplish this goal by leveraging energy-efficient tools and implementing climate-neutral technologies, such as the intelligent operation of paint booths and car body ovens. This strategic alliance exemplifies a concerted effort to drive sustainability and efficiency in the painting tools sector, showcasing the industry's commitment to innovative and eco-friendly solutions.
In September 2024, Painters USA, Inc., a US-based company providing industrial and commercial painting and coating services, acquired Lakeside Painting for an undisclosed amount. This acquisition is intended to strategically broaden Painters USA's service offerings and strengthen its market presence in Wisconsin. Lakeside Painting is a US-based residential painting and flooring company that specializes in painting and floor coating services.
Major companies operating in the painting tools market include Gordon Brush Mfg. Co Inc., The Sherwin-Williams Company, Asian Paints Limited, MAAN Group, Premier Industrial Corporation, Linzer Products Corporation, J. Wagner GmbH, Peta Decorating Ltd, Wooster Brush Company, JAT Holdings PLC, Paint Brush Corporation, Hyde Tools Inc., Nespoli S.p.A., Warner Manufacturing Company, Dynamic Paint Products Inc., Magnolia Brush Manufacturers Ltd., Richard Carter Limited, Allway Tools Inc., Makinah, Shur-Line Manufacturing Company, Technochem Industries, Corona Brush Manufacturing Company Inc., Harris Brushes Limited, Nour Trading House Inc., Dura Paints (Pty) Ltd, EPOS Egypt, Pro Roller Company Inc., Arroworthy Limited, Milton Brushware Inc., Purdy Corporation, Trimaco LLC
Asia-Pacific was the largest region in the painting tools market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the painting tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the painting tools market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The painting tools market consists of sales of roller frames, paint edgers, drop cloths and paint buckets. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Painting Tools Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on painting tools market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for painting tools ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The painting tools market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.