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Painting Tool Market Share

Report ID: GMI1843
Published Date: May 2024
Report Format: PDF

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Painting Tool Market Share

Painting Tool Market Company Share Analysis, (2023)

The key players operating in the market are Purdy, Gordon Brush, EPOS Egypt, and Mill-Rose Company all together comprises a market share of 20 - 25% 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.

Painting Tool Market Companies

Major players operating in the market include:

Allway Tool
Anderson Products
Asian Paints
Braun Brush Co.
Durapaintss
EPOS Egypt
Gordon Brush Mfg. Co., Inc
Harbor Freight Tools
JAT Transforming Spaces
MAAN
Milton Brushware
Nespoli Group
NOUR Trading House Inc
PETA Decorating
Purdy
Richard Tools
S. R. Bristle Products
TechnoChem Industries
The Mill-Rose Company
Vishwakarma Impex.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for painting tool was worth USD 10.8 billion in 2023 and is projected to expand at 4.4% CAGR from 2024 to 2032, owing to the escalating construction activities in both commercial and residential sectors.

The brushes product segment in the painting tool industry accounted for USD 3.1 billion in revenue in 2023 and is projected to grow at significant CAGR between 2024 and 2032, due to the universal need for brushes across different types of painting projects.

The construction sector segment in the painting tool industry accounted for USD 3.4 billion in 2023 and is estimated to record significant growth between 2024 and 2032, led by the continuous demand for painting services in both residential and commercial construction projects worldwide.

Asia Pacific industry accounted for 36.2% revenue share and is estimated to grow at substantial rate between 2024 and 2032, on account of the burgeoning construction and real estate sectors in the region.