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    Painting Tools Market Report

    Painting Tools Market Report
    Report code - SR1214 Delivery - 2 Weeks
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    Painting Tools Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2 See more...

    Impact of COVID-19 on Painting Tools Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Painting Tools Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Painting Tools Market is likely to witness a CAGR of 5.3% during the forecast period. Rapid urbanization along with rising spending on infrastructure construction is expected to propel the painting tools market over the forecast period. The performance of the painting tools market is directly associated with the increase in construction activities and renovation of commercial and residential buildings, as well as growth in the retail sector. Furthermore, increased foreign investment and growing population in various developing economies are assisting the growth of the market.

    Painting Tools Market – Snapshot

    Growth

    5.3% for the next five years

    Major Product Type

    Brushes

    Dominant Application Type

    Construction

    Region with the highest demand

    Asia-Pacific

    Key Players

    Gordon Brush Mfg. Co., Inc., Braun Brush Co, Purdy, Anderson Products, Harbor Freight Tools, Allway Tools, EPOS Egypt, Durapaints, Asian Paints Ltd., and Nespoli Group S.p.A.

    Segments' Analysis

    Painting-Tools-Market-Dominant-Segments

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    Painting Tools Market Share: By Product Type

    Based on the product type, the market is segmented as brushes, rollers, scrapers, knives, trays, spray gun, masking tapes, and others. The paint brushes market is expected to be the leading segment of the market, during the forecast period, as paint brushes are the most commonly used painting tools. On the other hand, masking tapes are likely to witness significant growth as they cover the area protecting from the paint.

    Painting Tools Market Share: By Application Type

    Based on the application type, the market is segmented as construction, automotive, appliances, furniture, industrial machineries & equipment, and packaging. The construction segment is anticipated to register high growth rate in the market over the forecast period. The segment is further classified into residential, commercial, and industrial applications. Continuously rising population is driving the demand for accommodation building, ultimately boosting the painting tools market.

    Painting Tools Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the leading region in the market owing to the advancement in infrastructure in the region, which is positively influencing the product penetration in the regional industry. The increase in residential building projects in emerging countries is further contributing to the market growth. Increasing government spending for advanced and green infrastructure is likely to boost the growth of the regional market over the next five years.

    Painting-Tools-Market-By-Region

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    Market Scope & Segmentation

    Painting tools are set of tools that assist with the painting activities and find their applications in construction, automotive, and furniture, etc. The tools are available in varied specifications and with customizable and replaceable components to augment functionality and reliability.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Painting Tools Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The painting tools market is segmented into the following categories.

    Painting Tools Market Size, Share, & Forecast, by Product Type:

    • Brushes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Rollers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Scrapers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Knives (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Trays (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Spray Gun (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Masking Tapes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: Extension Poles, Sanding Tools, and Trowels

    Painting Tools Market Size, Share, & Forecast, by Application Type:

    • Construction
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: Residential, Commercial, and Industrial
    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Appliances (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Furniture (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Industrial Machineries & Equipment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Packaging (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Painting Tools Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Key Players

    Some of the key players in the painting tools market are-

    • Gordon Brush Mfg. Co., Inc.
    • Braun Brush Co
    • Purdy
    • Anderson Products
    • Harbor Freight Tools
    • Allway Tools
    • EPOS Egypt
    • Durapaints
    • Asian Paints Ltd.
    • Nespoli Group S.p.A.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The painting tools market is expected to witness an impressive growth of 5.3% CAGR in the foreseeable future.

    Gordon Brush Mfg. Co., Inc., Braun Brush Co, Purdy, Anderson Products, Harbor Freight Tools, Allway Tools, EPOS Egypt, Durapaints, Asian Paints Ltd., and Nespoli Group S.p.A. are among the key players in the painting tools market.

    The paint brushes segment is expected to be the leading segment in the painting tools market in the coming years.

    The construction segment is expected to register the high growth in the painting tools market during the next five years.

    Asia-pacific is expected to be the leading region in the painting tools market during the forecast period.

    Rapid urbanization along with rising spending on infrastructure construction, increase in construction activities and renovation of commercial and residential buildings, increased foreign investment and growing population in various developing economies are the factors driving the growth of painting tools market.

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