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Painting Tool Market Trends

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

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Painting Tool Market Trends

Manufacturers are developing multi-functional tools that combine features like paint scraping, rolling, and edging into a single product. This enhances convenience and reduces the number of tools needed for a project. For instance, Wagner company offers a range of innovative painting tools, including the "Flexio 5000", a multi-function sprayer that can handle various tasks like painting, staining, and varnishing. Another major player, Graco offers the "ProjectPro Multi-Function Paint Roller" that combines rolling, edging, and corner painting in one tool.

The growing demand for eco-friendly paints is driving the development of painting tools specifically designed for these types of paints. These tools ensure smooth application and easy cleanup of low-VOC paints. For instance, a renowned brush manufacturer, Wooster offers a line of "Shuriken" brushes specifically designed for water-based and low-VOC paints. These brushes are made with synthetic fibers that ensure smooth application and easy cleanup of these eco-friendly paints. Furthermore, Sta-Rite offers paint rollers with EcoLogic technology, featuring microfibers that minimize paint waste and dripping, often a concern with low-VOC paints.

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.