Paint Rollers Market Shows Exponential Growth Ahead Key Players Profile - Gordon Brush, Purdy, Anderson Products, Richard Tools, Mill Rose and Hyde Tools

The global paint rollers market growth is predicted to experience an upward trend in the coming years owing to the burgeoning construction sector and increasing inclination towards easy & homogeneous painting. The revival of pivotal economies from recessionary phase has prompted the resurgence of commercial and residential construction market bolstering the demand for paint rollers. For instance, as per the U.S. Census Bureau, the overall construction expenditure in the United States is anticipated to surpass $1.5 Tn by the year 2020. Paint rollers carry a host of benefits compared to their counterparts, such as offering a smooth finish, increased speed & accessibility, and enhanced coverage per roll.

Global industry share is highly fragmented in nature. The key manufacturers in paint rollers market are Gordon Brush, Purdy, Anderson Products, Richard Tools, Mill Rose and Hyde Tools. Companies are adopting various strategies including, expansion of manufacturing capacity, new product launch, agreements and collaborations to capture a major industry share and increase customer base.

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Apart from the factors mentioned above, the transition in consumer preferences towards eye-catching & adorable interior painting, especially in the residential sector, would propel paint rollers market over the coming years. You can use different rollers for different purposes, shorter pile depth paint roller is ideal for use in 1/8" - 1/4" depth range, and enables painting hard to reach areas, as well provide a fairly smooth & flat finish. In a recent turn of events, Mombasa’s residential and commercial buildings have reportedly been ordered to be painted with a uniform color. In a notice issued to inhabitants, the nation’s administration has directed all buildings to be painted with white and blue color, which denotes the Indian Ocean. After this declaration, The Kenya Association of Caterers and Hotelkeepers is immensely elated as they consider this as the cheapest way of beautifying the tourism hub. Budding prevalence of such large-scale painting jobs would offer lucrative growth opportunities to the paint rollers market.

Shift in consumer trends towards coated wood & furniture to increase product life will facilitate industry growth. Standardized painting in less time along with minimal wastage is among the key properties driving product demand in the furniture industry.

Woven paint rollers market accounted for over 40% of the industry demand and is projected to witness over 4% CAGR up to 2024. Factors such as increased smoothness and lint-free results with all types of coats are anticipated to propel product growth. However, high paint rollers market price trend may limit the industry growth in the short term.

Shorter pile is anticipated to be the fastest growing segment and accounted for 25% of the paint rollers market demand in 2016. Ease of application and affordability are expected to be the key factors driving product demand over the projected timeframe. In addition, improved design for achieving fine finishes will enhance the product penetration.

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Increasing structural reforms plans along with adoption of more enhanced painting equipment will drive paint rollers market demand. Institutional buildings expansion including hotels, colleges and hospitals will fuel product penetration. Global paint rollers market is estimated to surpass USD 3 billion by 2024, according to this new research report. Government's support by offering tax deductions and favorable FDI policies will propel new business spaces construction.

Construction application accounted for more than 80% of the global demand in 2016. Renovation of public and private buildings, mainly poorly insulated structures and deprived houses will provide lucrative opportunity for industry manufacturers. Asia Pacific paint rollers market will witness gains at over 5.5% CAGR. Rapid infrastructural development owing to strong economic growth in India, Australia, and China will stimulate regional demand. Upgrading healthcare facilities to deal with geriatric population will drive product penetration in China.

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