Paint Rollers Market Report
Paint Rollers Market, By Product (Woven, Knit), Fabric (Nylon, Polyester, Wool), Application (Construction, Appliances, Furniture), and Region - COVID-19 Impact Analysis and Forecast to 2026. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Paint Rollers market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
Paint Rollers Market, By Product (Woven, Knit), Fabric (Nylon, Polyester, Wool), Application (Construction, Appliances, Furniture), and Region - COVID-19 Impact Analysis and Forecast to 2026. This market research report provides ...
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.
The Paint Rollers Market is projected to grow from USD 2.5 billion in 2020 to USD 3.4 billion by 2026 at a CAGR of around 5.5% during the forecast period.
A paint roller is defined as a paint application tool that's wont to paint large flat surfaces faster and efficiently. The roller primarily consists of a roller frame and a roller cover. The roller cover absorbs the paint and transfers it to the painted surface.
Key players operating in the Paint Rollers market are-
The growth of the paint rollers market is primarily driven by widespread use in applications including construction, furniture, and appliances. A growing construction industry with increasing spending on residential and commercial construction activities is likely to drive market growth at a significant rate during the review period. In addition to this, rising demand for advanced and high-quality paint rollers is likely to create lucrative opportunities for the players operating in the global market in the coming years.
By application, the paint rollers market has been bifurcated into construction, appliances, and furniture. The construction segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to increasing residential construction activities across geographies.
By region, the market in Asia-Pacific accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth can be attributed to expanding the construction and furnishing industry in developing countries particularly China and India. The market in North America is expected to be driven by increasing spending on renovation and remodeling of building coupled with the presence of key market players such as Gordon Brush Mfg. Co., Inc. (US) and Mill-Rose Co (US).
Covid-19 outbreak impacted the growth of the paint rollers market negatively. The spread of coronavirus led to the enforcement of lockdown to curb the spread of the virus. This led to travel restrictions and supply chain disruptions, which in turn affected the product supply and demand for a short period.
Here is the list of the group of customers that the paint rollers market hopes to have the greatest opportunity to convert-
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The paint rollers market is expected to witness an impressive growth of 5.5% CAGR in the coming years.
Gordon Brush Mfg. Co., Inc. (US), Mill-Rose Co (US), Purdy (UK), Richard Tools (US), Premier Paint Roller Co LLC (US), Pro Roller Company Inc. (US), Vactech Composites Pvt. Ltd. (India), Wooster Brush Company (US), Hyde Group, Inc. (US) and Anderson Products (US) are among the key players in the paint rollers market.
The paint rollers market size is expected to reach USD 3.4 billion in the foreseeable future.
The construction segment is expected to register significant growth in the paint rollers market in the coming years.
Asia-pacific accounted for the largest share in the paint rollers market during the next five years.
Paint rollers distributors, Paint rollers suppliers, Paint rollers manufacturers, Logistics organizations, Government bodies are the target audience in the paint rollers market.