Home > Chemicals & Materials > Paints and Coatings > Mexico Painting Tool Market

Mexico Painting Tool Market - By Product (Brushes, Rollers, Scrapers, Spackle Knife / Putty Joint Knife, Trays, Spray Guns, Masking Tapes, Others), By Pricing, By Application, By Distribution Channel & Forecast, 2024 – 2032

  • Report ID: GMI10266
  • Published Date: Jul 2024
  • Report Format: PDF

Mexico Painting Tool Market Size

Mexico Painting Tool Market was valued at USD 152.6 million in 2023 and is anticipated to register a CAGR of 3.7% between 2024 and 2032.
 

Mexico Painting Tool Market

Mexico has a growing construction industry, including residential, commercial and infrastructure projects. This increases the demand for various painting tools such as brushes, rollers, sprayers and protective covers. There is a constant demand for renovation and renovation work in both the residential and commercial sectors. This includes repainting and decorating and growing the market for painting tools and accessories. Urbanization and population growth in major cities such as Mexico City, Monterrey, and Guadalajara increase the construction of residential complexes and commercial spaces, further increasing the demand for painting tools.
 

The demand for paint rollers is closely related to the increasing construction activity and ongoing renovation and remodeling projects. As urbanization and industrialization increases and numerous infrastructure projects are developed, the demand for paint rollers rises. For instance, according to the WHO estimates and projections, the world's urban population is expected to grow by about 1.63% per year from 2020 to 2025 and 1.44% per year from 2025 to 2030. According to credible sources the global construction industry was USD 15.7 trillion in 2023. Concurrently, the expansion of the global automotive industry is driving the need for specialized painting tools and equipment to maintain and customize vehicles, contributing to market growth. Additionally, the growing trend of do-it-yourself (DIY) projects among consumers is significantly influencing the market, as more individuals undertake painting tasks themselves, boosting the demand for user-friendly and affordable painting tools and accessories.  
 

Mexico's economy may experience fluctuations due to, among other things, changes in government policies, global economic conditions and currency fluctuations. Economic uncertainty can affect consumer spending on non-essential items such as paint cans. In some areas, especially rural areas, infrastructure limitations can prevent the distribution of painting tools. This includes transportation and logistics issues that can drive up costs and lead to an uneven market share. The availability of skilled labor for painting and construction projects can affect the market for professional painting tools. A shortage of trained painters can affect the demand for specialized tools and equipment. Addressing these challenges requires strategic planning, adapting to market dynamics, meeting regulatory requirements and a deep understanding of consumer preferences in the Mexican painting market.
 

Mexico Painting Tool Market Trends

E-commerce platforms are becoming increasingly popular in Mexico, offering consumers easier access to a wide range of painting tools and accessories. The online store offers convenience, competitive pricing and a platform for international brands to enter the market. Major cities in Mexico, such as Mexico City, Monterrey, and Guadalajara, are experiencing significant urbanization and construction activity. This includes residential, commercial and infrastructure projects, which increase the demand for painting tools from professionals and DIY enthusiasts. The demand for personalized and customized paint solutions is increasing. This includes special color, textured surfaces and decorative coatings that require special tools.
 

Mexico Painting Tool Market Analysis

Mexico Painting Tool Market Size, By Product, 2021 – 2032, (USD Million)

Based on product, the market is segmented into brushes, rollers, scrapers, spackle knives/putty joint knives, trays, spray guns, masking tapes, and other auxiliary tools like paint mixers and wall cleaners. In 2023, the brushes segment emerged as the dominant player within the market, generating a revenue of USD 43.7 million. This segment's leading position can be attributed to several factors, including the universal need for brushes across different types of painting projects, their versatility in application, and the continuous innovation in brush design and materials. Additionally, brushes are often perceived as essential tools in both professional and DIY painting endeavors, contributing to their sustained demand and market dominance. With the growing emphasis on quality finishes and precision painting techniques, the brushes segment is projected to further expand, reaching a revenue of USD 61.8 million by 2032.
 

Mexico Painting Tool Market Revenue Share, By Distribution Channel, (2023)

Based on distribution channel, the Mexico painting tool market is segmented into online and offline channels. In 2023, the offline segment emerged as the dominant force, generating a revenue of USD 104.2 million and is expected to reach USD 146.7 million by 2032. Mexico's diverse geography and different regional preferences influence offline distribution strategies. Distributors and manufacturers must adapt their product mix and marketing approach to meet local demand trends and consumer preferences in different states and cities. Distribution channels aimed at professional painters and contractors play an important role. These include specialist distributors who supply bulk orders of painting tools and equipment to construction companies, painting contractors and remodeling companies. The key to these relationships is building trust and providing reliable service. Many offline distributors are also expanding their presence online, either through their own e-commerce platforms or through partnerships with online retailers. This multi-channel approach increases customer convenience and leverages both offline and online sales channels.
 

Mexico Painting Tool Market Share

Mexico Painting Tool Market Company Share Analysis, (2023)

The key players operating in the market are GORDON BRUSH MFG. CO., INC, Purdy, Premier Paint Roller Company LLC., Stanley Black & Decker, Inc., and Comex Group all together comprises a market share of 25 - 30% in 2023. The market is moderately fragmented. These players focus on strategic partnerships and new screen size launches & commercialization for market expansion. The market has strong regional players with a significant presence in specific countries or areas. These companies might cater to local preferences or have established distribution networks within their regions. They heavily invest in research to introduce innovative screens and garner maximum revenue in the market.
 

Mexico Painting Tool Market Companies

Major players operating in the Mexico painting tool industry include:

  • Allway Tool
  • Artisan Santa Fe
  • Braun Brush Co.
  • Brush Expert
  • Chamberlain
  • Comex Group
  • Greencorp
  • Gordon Brush Mfg. Co., Inc.
  • Linzer Prooducts
  • Milton Brushware
  • Nespoli Group
  • Premier Paint Roller Company LLC.
  • Purdy
  • Stanley Black & Decker, Inc.
  • URREA HERRAMIENTAS PROFESIONALES SA DE CV
     

Mexico Painting Tool Industry News

  • In May 2023, Asian Paints Berger, a subsidiary of Asian Paints Limited, unveiled a novel decorative wall finish product inspired by traditional Arabesque motifs. This innovative offering is meticulously crafted to resonate with local tastes, with the intention of revitalizing the timeless charm and cultural heritage reflected in the region's architectural traditions.
     
  • In April 2023, Indigo Paints Ltd., a leading manufacturer of paints and coatings, revealed its acquisition of a 51% stake in Apple Chemie Private Ltd. This strategic move is aimed at expanding its prestigious client base within India, leveraging ACIPL's strong partnerships with prominent engineering and construction conglomerates.
     
  • In January 2023, J. Wagner GmbH debuted a mobile application designed to aid users in choosing the optimal painting tools and accessories for their unique projects. This innovative app incorporates augmented reality (AR) technology, enabling users to visualize potential paint jobs with enhanced clarity and precision.
     
  • In August 2022, Sherwin-Williams unveiled a user-friendly painting toolkit tailored for DIY enthusiasts. This comprehensive toolkit includes instructional guides, providing step-by-step assistance to simplify the painting process for non-professionals.

 

Mexico painting tool market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Million) and volume (Thousand Units) from 2021 to 2032, for the following segments:

Click here to Buy Section of this Report


Market, by Product

  • Brushes
  • Rollers
  • Scrapers
  • Spackle Knife / Putty Joint Knife
  • Trays
  • Spray Guns
  • Masking Tapes
  • Others (Paint Mixer, Wall Cleaners, etc.)

Market, by Pricing

  • Low
  • Medium
  • High

Market, by Application

  • Fine art & decorative painting
  • Construction
    • Residential
    • Commercial
  • Automotive
  • Appliances
  • Furniture
  • Industrial machineries & equipment
  • Others (utilities, government marking, restoration & conversion, etc.)

Market, by Distribution Channel

  • Online
    • Company Website
    • E-Commerce Site
  • Offline
    • Specialty Stores
    • Mega Retail Stores
    • Others

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for mexico painting tool was USD 152.6 million in 2023 and is expected to register 3.7% CAGR from 2024-2032 owing to the growing construction industry, including residential, commercial and infrastructure projects worldwide.

Mexico painting tool industry from the brushes segment reached USD 43.7 million in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to their versatility in application, and the continuous innovation in brush design and materials.

Mexico painting tool market from the offline segment is expected to reach USD 146.7 million by 2032 due to Mexico's diverse geography and different regional preferences influencing offline distribution strategies.

Greencorp, Gordon Brush Mfg. Co., Inc., Linzer Prooducts, Milton Brushware, Nespoli Group, Premier Paint Roller Company LLC., Purdy, Stanley Black & Decker, Inc., and URREA HERRAMIENTAS PROFESIONALES SA DE CV, are some of the major painting tool companies from Mexico.

Mexico Painting Tool Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 247
  • Countries covered: 1
  • Pages: 65
 Download Free Sample