Furniture Paint Market Opportunities, Strategies, Size, Share And Analysis 2024-2034

"The new report published by The Business Research Company, titled Furniture Paint Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the furniture paint market size has grown strongly in recent years. It will grow from $9.66 billion in 2023 to $10.20 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The furniture paint market size is expected to see strong growth in the next few years. It will grow to $12.83 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%.

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Unveiling The Explosive Growth In The Real Estate Industry To Drive The Furniture Paint Market
The growth in the real estate industry is expected to propel the furniture paint market going forward. Real estate refers to land, including any structures or natural resources, along with the rights associated with ownership or use. Real estate projects are increasing due to population growth, rapid urbanization, economic development, infrastructure investment, and changing consumer preferences. Furniture paint enhances property aesthetics, adding value and appeal to real estate listings and attracting potential buyers with refreshed interiors and modernized decor. For instance, in June 2023, according to the Northern Ireland Statistics and Research Agency, an Ireland-based public authority, from the first quarter of 2022 to the first quarter of 2023, the overall construction industry expanded by 6.5%, with the housing sector of construction increasing by 11.1% and the infrastructure subsector by 3.7%. Therefore, growth in the real estate industry is driving the growth of the furniture paint market.

Furniture Paint Giants Introduce Cutting-Edge Spray Paint Innovations For Market Leadership
Major companies operating in the furniture paint market focus on developing innovative products, such as spray paints, to gain a competitive edge. Spray paint involves applying paint using an aerosol canister, allowing for even coverage and smooth finishes on various surfaces of furniture pieces. For instance, in April 2022, PPG Industries Inc., a US-based paint manufacturing company, launched 'GLIDDEN MAX FLEX' spray paint, a groundbreaking combination of spray paint and primer featuring an innovative lacquer-based formula and distinctive spray pattern. This innovative product delivers a high-coverage, ultra-durable coating on various surfaces. With a quick five-minute dry time (Do it yourself) DIY enthusiasts can achieve a flawless finish that maintains the original appearance of the painted item.

The furniture paint market covered in this report is segmented -

1) By Type: Oil-Based, Water-Based, Other Types
2) By Product: Acid Curing Coatings, Nitrocellulose Coatings, Polyurethane Coating
3) By Application: Residential, Commercial, Industrial

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Major companies operating in the furniture paint market are Sherwin-Williams Company, PPG Industries Inc., Akzo Nobel N.V., Nippon Paint Holdings Co. Ltd., RPM International Inc., Axalta Coating Systems Ltd., Asian Paints Limited, The Valspar Corporation, Kansai Paint Co. Ltd., Hempel A/S, Jotun A/S, Tikkurila Oyj, Behr Process Corporation, Berger Paints India Limited, Benjamin Moore & Co., Rust-Oleum Corporation, Dunn-Edwards Corporation, Crown Paints Limited, Farrow & Ball Limited, DuluxGroup Limited, HMG Paints Ltd., Morrells Woodfinishes Limited, J.W. Ostendorf GmbH & Co. KG, Liberon Limited, Sikkens Corporation, General Finishes LLC, Fine Paints of Europe Inc

Contents of the report:
1. Executive Summary
2. Furniture Paint Market Report Structure
3. Furniture Paint Market Trends And Strategies
4. Furniture Paint Market - Macro Economic Scenario
5. Furniture Paint Market Size And Growth
…..
27. Furniture Paint Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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