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Paint Roller Market Increasing Research Drive Growth At a CAGR of 5.5% 2027 | Anderson, Beorol, Gordon Brush, Marshall

06-25-2024 06:37 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Paint Roller Market

Paint Roller Market

Drivers, restraints, and opportunities

Increase in demand for various types of paint rollers, improved designs and functionality, and rise in demand in investments in industrial buildings have boosted the growth of the global paint roller market. However, the presence of substitute products such as paint brushes and sprays and competition from domestic manufactures hinder the market growth. On the contrary, surge in government initiatives to improve industrial growth such as furniture and automotive is expected to create lucrative opportunities for the market players in the future.

The global paint roller industry was pegged at $2.38 billion in 2019, and is projected to reach $3.18 billion by 2027, growing at a CAGR of 5.5% from 2020 to 2027.

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The synthetic segment dominated the market

By fabric, the blended segment held the largest share in 2019, accounting for more than half of the global paint roller market. This is due to the emergence of DIY trend in developed countries including UK, the U.S., and Germany to engage in activities such as outdoor and indoor housing painting.

However, the synthetic segment is projected to manifest the highest CAGR of 6.4% during the forecast period, as they are mass-produced, less expensive, and budget-friendly, and have a longer lifespan,

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The large segment to manifest the highest CAGR of 7.2% through 2027

By frame size, the large segment is estimated to register the highest CAGR of 7.2% during the forecast period, owing to rise in residential construction activities around the globe. However, the medium segment held the largest share in 2019, contributing to more than two-fifths of the global paint roller market, due to economic growth, high urbanization, and rise of new housing construction activities.

Asia-Pacific, followed by Europe and North America, held the largest share

By region, the market across Asia-Pacific held the largest share in 2019, accounting for more than two-fifths of the market. Moreover, the region is projected to portray the highest CAGR of 6.6% during the forecast period, owing to high economic growth in developing economies such as China, India, and Indonesia and surge in demand for residential construction. The global paint roller market across North America is estimated to register a CAGR of 4.0% from 2020 to 2027.

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Top Players:
The key players profiled in the market report include Anderson Products, Beorol, Gordon Brush, Marshall Brushes & Rollers, Premier Paint Roller Manufacturing, Purdy, Quali-Tech Manufacturing, Stanley Black & Decker, Inc, Roll Roy, and The Wooster Brush Company.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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