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Global Painting Tools Market to reach USD 15.84 Billion by 2027.

Global Painting Tools Market to reach USD 15.84 Billion by 2027.

Product Code: OIRCGS-18204039
Publish Date: 11-07-2021
Page: 200

Global Painting Tools Market is valued approximately at USD 11.26 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5 % over the forecast period 2021-2027. Rapid urbanization and growth in the infrastructural development is anticipated to grow the market. Construction industry is projected to be one of the major contributors to the painting tools market as construction application possesses 70% of the painting tools market share. Also, these painting tools are easy to use and the competitive market pricing for the product is also a driving factor for the market. However, industrial painting is a complex process and requires highly efficient tools which cannot be afforded by everyone, therefore restraining the market growth. Also, lack of skilled labors to use the advanced tools is also restraining the market. Technological development in order to reduce the paint wastage is giving market opportunities to grow in the near future. Product development such as customizable and replaceable components which enhances the functionality to make products friendlier is also giving market the opportunities to flourish in the forecasted period.

The key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of global Painting Tools market. Asia Pacific is dominating the global painting tools market owing to the infrastructural developmental projects in commercial and industrial sector in China which is fueling the market in the region. Europe is expected to be the fastest growing region because of surging demand of product from professional craftsmen in the architectural industry.
Major market player included in this report are

Gordon Brush Mfg. Co., Inc.
The Mill-Rose Company
Braun Brush Co
Purdy
Milton Brushware
Andersen Products
Harbor Freight Tools
Allway Tools
EPOS Egypt
Durapaints

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Brushes
Rollers
Scrapers
Knives
Trays
Spray gums
Masking tapes
Others
By Application:
Construction
Residential
Commercial
Industrial
Automotive
Appliances
Furniture
Industrial machineries
Packaging

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Paintiing Tools Marketl in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Painting Tools Market , by Region, 2019-2027 (USD Billion)
1.2.2. Painting Tools Market , by Product, 2019-2027 (USD Billion)
1.2.3. Painting Tools Market , by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Painting Tools Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Painting Tools Market Dynamics
3.1. Painting Tools Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Rapid urbanization and infrastructural development
3.1.1.2. Increasing demand for construction industry
3.1.2. Market Restraint
3.1.2.1. Expensive nature of tools required for industrial painting
3.1.2.2. Lack of skilled labour
3.1.3. Market Opportunities
3.1.3.1. Technological development
3.1.3.2. Product development
Chapter 4. Global Painting Tools Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Painting Tools Market, by Product
5.1. Market Snapshot
5.2. Global Painting Tools Market by Product, Performance – Potential Analysis
5.3. Global Painting Tools Market Estimates & Forecasts by Product 2018-2027 (USD Billion)
5.4. Painting Tools Market , Sub Segment Analysis
5.4.1. Brushes
5.4.2. Rollers
5.4.3. Scrapers
5.4.4. Knives
5.4.5. Trays
5.4.6. Spray gums
5.4.7. Masking tapes
5.4.8. Others
Chapter 6. Global Painting Tools Market, by Application
a. Market Snapshot
6.1. Global Painting Tools Market by Application, Performance – Potential Analysis
6.2. Global Painting Tools Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.3. Painting Tools Market , Sub Segment Analysis
6.3.1. Construction
6.3.2. Residential
6.3.3. Commercial
6.3.4. Industrial
6.3.5. Automotive
6.3.6. Appliances
6.3.7. Furniture
6.3.8. Industrial machineries
6.3.9. Packaging
Chapter 7. Global Painting Tools Market, Regional Analysis
7.1. Painting Tools Market , Regional Market Snapshot
7.2. North America Painting Tools Market
7.2.1. U.S. Painting Tools Market
7.2.1.1. Product breakdown estimates & forecasts, 2018-2027
7.2.1.2. Application breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Painting Tools Market
7.3. Europe Painting Tools Market Snapshot
7.3.1. U.K. Painting Tools Market
7.3.2. Germany Painting Tools Market
7.3.3. France Painting Tools Market
7.3.4. Spain Painting Tools Market
7.3.5. Italy Painting Tools Market
7.3.6. Rest of Europe Painting Tools Market
7.4. Asia-Pacific Painting Tools Market Snapshot
7.4.1. China Painting Tools Market
7.4.2. India Painting Tools Market
7.4.3. Japan Painting Tools Market
7.4.4. Australia Painting Tools Market
7.4.5. South Korea Painting Tools Market
7.4.6. Rest of Asia Pacific Painting Tools Market
7.5. Latin America Painting Tools Market Snapshot
7.5.1. Brazil Painting Tools Market
7.5.2. Mexico Painting Tools Market
7.6. Rest of The World Painting Tools Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Gordon Brush Mfg. Co., Inc.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. The Mill-Rose Company
8.2.3. Braun Brush Co
8.2.4. Purdy
8.2.5. Milton Brushware
8.2.6. Andersen Products
8.2.7. Harbor Freight Tools
8.2.8. Allway Tools
8.2.9. EPOS Egypt
8.2.10. Durapaints
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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