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Paint Rollers Market Analysis, Growth Revenue, Share Analysis 2024-2033
Paint Rollers Market
The Business Research Company presents an extensive market research report on the Paint Rollers Global Market Report 2024 , furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The paint rollers market size has grown strongly in recent years. It will grow from $3.05 billion in 2023 to $3.29 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to ergonomic design evolution, environmental concerns, professional and DIY demand, innovation in roller technology, consumer preferences for specialized rollers.
The paint rollers market size is expected to see strong growth in the next few years. It will grow to $4.46 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to market expansion in emerging economies, enhanced marketing strategies, consumer preferences for ergonomics, customizable and versatile products, professional painting demand. Major trends in the forecast period include material innovation, ergonomic designs, green and eco-friendly products, smart painting technologies, DIY and home improvement trend.
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Key Market Players:
Major companies operating in the paint rollers market report are The Sherwin Williams Company, Stanley Black & Decker Inc., Benjamin Moore & Co, The Wooster Brush Company, Gordon Corporation Ltd., Hamilton Acorn Ltd., N.S. Tools Co Ltd., Shur Line LLC., Monterey Mill, Purdy Company, Beorol d.o.o., Anderson Paint Company, Gordon Brush Mfg. Co Inc., Linzer Products Corporation, Dynamic Paint Products Inc., Magnolia Brush Manufacturers Ltd., Premier Paint Roller Co LLC, Allway Tools Inc., Hyde Tools Inc., Pro Roller Company Inc., Arroworthy Company Inc., Marshall Brushes & Rollers Ltd., Amit Paint Rollers Pvt Ltd., Jinhua Webo Imp. & Exp. Co Ltd., Danyang Cohwa Brush Manufacturer Co Ltd., Zhenjiang Runyang Brush Industrial Co Ltd., Zhenjiang Yongjiufa Brush Co Ltd.
Market Drivers:
The rise in demand for commercial infrastructure development is expected to drive the demand for the paint rollers market going forward. Commercial infrastructure development refers to the construction and improvement of foundational services to improve the quality of commercial properties such as malls, complexes, retail shops, and so on. Paint rollers are used in commercial properties to paint large infrastructures as they can cover large spaces in less time as compared to traditional paint brushes. For instance, according to Coldwell Banker Richard Ellis (CBRE), a US-based commercial real estate services and investment firm, for the year 2022, China's annual commercial real estate investment will exceed $ 47 billion. Also, commercial real estate investment had a solid recovery from 2021, as the total transaction volume increased by 33%, which stood at 40.22 billion. It is also expected to grow by more than 10% to 20% in the coming years. Further, investment in offices took the highest share in the commercial property market, accounting for 37%. Therefore, the rise in demand for commercial infrastructure developments is driving the growth of the paint rollers market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/paint-rollers-global-market-report
The paint rollers market covered in this report is segmented -
1) By Product: Woven, Knit
2) By Pile Depth: Shorter Pile, Medium Pile, High Pile
3) By Fabric: Synthetic, Blended
4) By Application: Construction, Appliances, Furniture, Other Applications
5) By End-User: Residential, Commercial, Industrial
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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