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Paint Rollers Market 2019 – 2025 | Key Growth Drivers & Analysis by Top Players

Author : Rahul Varpe | Published Date : 2019-09-14 

The prevalence of research and development activities in paint rollers market, coupled with the ease of application, lack of wastage of product and wide field for usage, have led to these products gaining mainstream approval. With global infrastructure expenditure projected to exceed USD 9 trillion by 2024, the growth rate of the market over the forthcoming years is forecast to be rather appreciable, given its projected demand across the construction sector.

Countries witnessing exponential growth in the industrial and residential sectors across the Asia Pacific, particularly Australia, India and China, have a major role to play in APAC paint rollers market growth. As per estimates, Asia Pacific accounted for 55% of the overall market share in 2017. The robust demand for residential buildings will further drive this regional industry, as per analysts.

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The robust growth of the construction sector is one of the key drivers propelling paint rollers market expansion. Paint rollers, arguably one of the most handy décor components, are used extensively for both indoor and outdoor painting purposes across the residential, commercial and industrial arenas. It comes as no surprise that rapid urbanization of the Asian countries and the stabilization of the American building and construction sector has amplified the demand for paint rollers, thereby impelling paint rollers industry trends.

Paint Roller Industry, by Application:

  • Construction
  • Appliances
  • Furniture

Important pointers encompassed pertaining to the Application spectrum:

  • Substantial details about the Application spectrum are provided in the report.
  • The study mentions about the valuation estimate of each of the Application categories in detail, by the end of the forecast period.
  • The market share that each of the Application segments account are mentioned in the study.
  • The trends that the Application landscape is defined by are also contained in the report.

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The paint rollers market share is highly fragmented with presence of large number of regional and global players. The key industry participants include Work Tools International, Purdy, Beorol, Rust-Oleum, Linzer products Corp., Wooster, Magnolia brush, and Stanley. Focus on product innovation and distribution channel expansion are among the key strategies observed in the industry.

The U.S. government, it is observed, has also been offering support to new construction projects in the form of tax deductions and favorable FDI policies. Overall, it would not be incorrect to state that the U.S. housing and construction sector has been traversing along the graph of normalcy. As per estimates, the U.S. construction spending is expected to register a CAGR of 6% over 2016-2020, a fact that will directly influence the growth of the regional paint rollers market.

Other important pointers encompassed pertaining to the Paint rollers market:

  • The report includes major details regarding the market.
  • The study mentions information about the revenue estimate of the market by the end of the forecast duration.
  • The market share accounted for each of the segments are discussed in the report.
  • The study also discusses the ongoing and future trends defining the Paint rollers market.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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