North America Paint Rollers Market to be worth more than USD 380 Million by 2024, growing at a CAGR of approximately 5.8%
According to the Graphical Research new growth forecast report titled “North America Paint Rollers Market Size By Type (Woven [Synthetic Woven, Blended Woven], Knit [Synthetic Knit, Blended Knit]), By Fabric (Synthetic [Nylon, Polyester], Blended [Polyester Blend, Wool Blend]), By Pile Depth (Shorter Pile, Medium Pile, High Pile), By Application (Construction [Residential, Commercial], Appliances, Furniture) Country Outlook (U.S., Canada), 2018-2024”, estimated to exceed USD 380 million by 2024.Increasing spending on renovation coupled with growing adoption of efficient painting tools will drive the demand for paint rollers. The recovery of the economy from the recessionary pressures has improved the government spending on institutional buildings fueling the business growth.
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Favorable demographic has resulted in large housing requirement in North America. A large portion of the populace is approaching childbearing age supporting development in the residential sector, hence enticing product demand. It is estimated that over 160,000 new residential projects have received approval in the U.S. resulting in a positive outlook for the paint rollers market over the coming years. Additionally, consumers are also seeking out effective solutions to reduce overall paint wastage augmenting the demand for paint rollers.
Woven paint rollers accounted for over 46% of the market demand. Superior functions exhibited by the product such as improved filtration, drainage, separation, reinforcement and protection has fostered growth. Enhanced filtration enables the product to limit paint wastage further increasing its appeal to the consumers.
Synthetic fabrics were the dominant material used in the manufacturing of paint rollers, accounting for over 57% of the overall market. High strength offered by these fabrics when compared to natural fibers coupled with their cost-effectiveness are key factors driving its extensive usage.
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Shorter pile held the greater share in terms of the pile depth. Shorter pile is ideal for fine finishing and to utilize in hard to reach areas. Low cost and ease of application are key features fueling product demand. The introduction of microfiber shorter pile rollers has improved their effectiveness in achieving smooth finishes, which will further enhance the product penetration.
Construction accounted for more than 80% of the market demand in 2017. Increasing focus on the renovation of old buildings coupled with the growing government spending on construction sector will propel the market. Growing awareness on the utilization of paints & coatings for protection against weather, UV rays, abrasion and chemical attacks will positively influence demand.
Major players in the North America painting tools market are Purdy, Mill-Rose Company, Gordon Brush and Allway. Market is fragmented and comprises of both organized and unorganized sector. Manufacturers are engaged in R&D activities to introduce innovative products, design and improve the reliability of the product to gain market share.
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Segments we cover:
North America Painting Tools Market By Type
Woven
Synthetic Woven
Blended Woven
Knit
Synthetic Knit
Blended Knit
North America Painting Tools Market By Fabric
Synthetic
Nylon
Polyester
Blended
Polyester Blend
Wool Blend
North America Painting Tools Market By Pile Depth
Shorter Pile
Medium Pile
High Pile
North America Painting Tools Market By Application
Construction
Residential
Commercial
Appliances
Furniture
Browse Table of Contents @ https://www.graphicalresearch.com/table-of-content/1179/north-america-paint-rollers-market
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Graphical Research
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About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
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