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Mexico Painting Tool Market Analysis

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

Mexico Painting Tool Market Analysis

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.
 

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

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Premium Report Details

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