Pune, India -- (SBWIRE) -- 05/06/2019 -- The Global Painting Tools Market size is estimated to grow at CAGR above 5.8% over the forecast time frame 2019-2026 and reach the market value around USD 16 billion by 2026.

In-kind projects in the building industry are among the major drivers for growth, together with constant support from private public partnerships, which in return will drive the overall size of the painting tool market. It is estimated that increased house needs and infrastructure development investment will fuel the growth of the industry. Increased demand for smart towns and increased construction expenses for economically stable countries is expected to boost market expansion for painting tools.

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The need for sustainable and smart sustainable infrastructure solutions has increased with population growth, environmental impacts and urbanization. The global construction industry, for example, will expand to approximately 2.8% by 2021. The main factors that drive further the growth of the painting tools market are also the provision of effective building methods, together with the capability to offer effective integration, planning and design. As they are commonly used in painting houses, this has led to a demand for brushes & rollers.

Awareness of the important link between infrastructure and quality of life could have led to a significant shift in public politics, thus driving the market in painting tools in the largest population areas. An increase in the use of paints and coatings in consumer electronic products will drive demand in the industry. The business share will grow with rapid technological developments concerning new and improved painting tools designs and substantial R&D investments by key players. The worldwide trade in the developed economies may however be hampered by lack of access to skilled work and rising labor costs, such as China, the UK and Canada.

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Product Insights

In 2018, spray gun represented over 21 percent of the total market of painting tools. The spray pistol consists of a powerful nozzle with a container underneath which loads the paints and coatings. The industry will enhance key benefits such as high speed and accessibility of the application, even surface covering, and easy availability of different sizes. Moreover, the overall growth of the segment is further driven by high versatility, increased productivity, precise finishing and less waste of paints.

Application Stance

The residential Construction tools market is expected to grow by more than 6% in revenues by 2025. The market scope of the segment will be strengthened by the increasing population, growing regulatory support from several public bodies and the increasing incorporation of green technology in building projects. In conjunction with extra kitchens in the apartment, the growing popularity of the Multi-Generation Suiten will further stimulate growth in the overall market share of the painting tools. The application of appliances in the global painting tool market is projected to exceed USD 900 million by 2025. The company's expansion will be promulgated by key elements such as increased technological development, rapid urbanization, increased per capita revenue and an increased number of small households. Moreover it will provide positive space for growth in the segment overall, with the shifting consumer preferences to new, enhanced kitchen and living room décores and considerable protection of the appliances against damage.

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Regional Outlook

In the total painting tool market in 2018, Europe accounted for more than US$ 2 billion. Professional architecture manufacturers and quality enthusiasts will boost their demand for products and promote the expansion of the industry. In conjunction with general industrial applications, increased demand from the decorative painting segments will further boost the overall painting tools market expansion across the region. Furthermore, changing consumer preference in residential and commercial buildings toward the esthetics and structures of the walls promulgate market share.

Key Players

The market share of Asian Paints, Gordon Brush, Dura Painted and Nespoli Group are highly competitive in nature. Braun Brush, Mill-Rose Company, Anderson Products, Purdy, Milton Brushware and Richard Tools were also major participants in the industry. The key strategies adopted by major industry players are supply chain agreements, product improvements, mergers and acquisitions.

Key manufacturers participate, together with major purchases and merges, in numerous supply agreements with the different end-user industries. For example, Reno Chemicals Pharmaceuticals and Cosmetics Pvt were purchased by Asian Paints on 17 December 2017 for USD 24.7 million. The acquisition contributed to strengthening and diversifying its international business and product portfolio.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Painting Tools
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Painting Tools Market By Product
1.2.2.1. Global Painting Tools Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Painting Tools Market Revenue Share By Product in 2017
1.2.2.3. Brushes
1.2.2.4. Trays
1.2.2.5. Scrapers
1.2.2.6. Rollers
1.2.2.7. Knives
1.2.2.8. Spray Gun
1.2.2.9. Masking Tapes
1.2.2.10. Others
1.2.3. Painting Tools Market By Application
1.2.3.1. Global Painting Tools Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Global Painting Tools Market Revenue Share By Application in 2017
1.2.3.3. Construction
1.2.3.4. Appliances
1.2.3.5. Automotive
1.2.3.6. Furniture
1.2.3.7. Packaging
1.2.3.8. Industrial Machineries & Equipment
1.2.3.9. Others
1.2.4. Painting Tools Market by Geography
1.2.4.1. Global Painting Tools Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Painting Tools Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Painting Tools Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Painting Tools Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Painting Tools Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Painting Tools Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter's Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Painting Tools Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Painting Tools Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Painting Tools Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Painting Tools Major Manufacturers in 2017

CHAPTER 4. PAINTING TOOLS MARKET BY PRODUCT

4.1. Global Painting Tools Revenue By Product
4.2. Brushes
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Trays
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Scrapers
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Rollers
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. Knives
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.7. Spray Gun
4.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.8. Masking Tapes
4.8.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.8.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.9. Others
4.9.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.9.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. PAINTING TOOLS MARKET BY APPLICATION

5.1. Global Painting Tools Revenue By Application
5.2. Construction
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Appliances
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Automotive
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Furniture
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Packaging
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.7. Industrial Machineries & Equipment
5.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.8. Others
5.8.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.8.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA PAINTING TOOLS MARKET BY COUNTRY

6.1. North America Painting Tools Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Painting Tools Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Painting Tools Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE PAINTING TOOLS MARKET BY COUNTRY

7.1. Europe Painting Tools Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Painting Tools Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC PAINTING TOOLS MARKET BY COUNTRY

8.1. Asia-Pacific Painting Tools Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Painting Tools Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA PAINTING TOOLS MARKET BY COUNTRY

9.1. Latin America Painting Tools Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Painting Tools Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST PAINTING TOOLS MARKET BY COUNTRY

10.1. Middle East Painting Tools Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East Painting Tools Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 11. AFRICA PAINTING TOOLS MARKET BY COUNTRY

11.1. Africa Painting Tools Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa Painting Tools Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. Asian Paints
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Gordon Brush
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Dura Painted
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Nespoli Group
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Braun Brush
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Mill-Rose Company
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Anderson Products
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Purdy
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Milton Brushware
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Richard Tools
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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