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Key Trend Reshaping the Painting And Wall Covering Contractors Market Segments SegmentsSizeSizein 2025: Revolutionizing Interior Spaces As PPG Industries Unveils Copper Armor A Technologically Advanced Virus- And Bacteria-Fighting Paint

03-03-2025 01:29 PM CET | Industry, Real Estate & Construction

Press release from: The Business Research Company

Painting And Wall Covering Contractors Market Segments

Painting And Wall Covering Contractors Market Segments

Which drivers are expected to have the greatest impact on the over the painting and wall covering contractors Market Segments's growth?
The growth of the painting and wall covering contractors Market Segments SegmentsSizeSizeis anticipated to be driven by increasing demands for housing. Housing encompasses any space crafted to accommodate one or more families and painting and wall-covering contractors administer a range of home improvement tasks including painting floors, roofs, buildings, and walls. These contractors can also have a role in the inception and supervision of these projects. Hence, a rise in the demand for housing and living spaces escalates the requirement for painting and wall-covering contractors. For example, in March 2023, the US Census Bureau, a primary agency of the US federal statistical system, reported that the number of privately-owned housing units sanctioned by building permits in February 2023 was 1,524,000 on a seasonally adjusted annual basis, marking an increase of 13.8% from the revised January figures, which stood at 1,339,000. Thus, increased housing demand contributes to the expansion of the painting and wall covering contractors Market Segments.

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What is the future CAGR of the painting and wall covering contractors Market Segments, and how will it impact industry expansion?
The Market Segments SegmentsSizeSizescale for painting and wall covering contractors has seen a consistent increase over the years. The growth is projected from $227.47 billion in 2024 to $237.29 billion in 2025, suggesting a compound annual growth rate (CAGR) of 4.3%. This augment in the past period is due to factors such as construction and real estate activities, home improvements and remodels, evolving aesthetic trends and design choices, as well as commercial and industrial projects, coupled with property maintenance.

In the forthcoming years, a consistent rise in the Market Segments SegmentsSizeSizesize of painting and wall covering contractors is anticipated, reaching $276.7 billion in 2029 with a 3.9% compound annual growth rate (CAGR). The growth projected within this period can be linked to the advent of green building measures, material and technical innovations, trends in interior design, as well as commercial and residential building projects, and the state of the economy. The period also expects to see a surge in compliance with health and safety regulations, the emergence of digital Market Segmentsing and online visibility, innovative application methods, energy-saving coatings, and a surge in residential renovations.

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What are the most significant trends transforming the painting and wall covering contractors Market Segments SegmentsSizeSizetoday?
The emergence of technologically advanced painting solutions is a notable trend in the painting and wall coverings contractors field. Well-established businesses in this space are keen to leverage advanced technologies for their painting products, bolstering their Market Segments SegmentsSizeSizeposition. For instance, PPG Industries Inc., a leading manufacturer of paints, coatings, and specialized materials in the US, introduced Copper Armor in April 2022. This innovative paint, touted for its virus and bacteria-fighting properties, uses Corning Guardiant copper technology to eliminate 99.9% of viruses and bacteria within two hours of contact. Copper Armor, evaluated at Dr. Charles Gerba's microbiology lab at the University of Arizona, employs the Corning Guardiant copper ion technology and has demonstrated its ability to constantly sanitize walls and exterminate bacteria. With the latest registration from the Environmental Protection Agency (EPA), this is the first Guardiant-enabled product available in the US.

Which key Market Segments SegmentsSizeSizesegments comprise the painting and wall covering contractors Market Segments SegmentsSizeSizeand drive its revenue growth?
The painting and wall covering contractors Market Segments SegmentsSizeSizecovered in this report is segmented -

1) By Product Type: Wall Panel, Wall Paper, Tile, Metal Wall Covering, Other Products
2) By Application: New Construction, Renovation
3) By End-User: Residential, Commercial

Subsegments:
1) By Wall Panel: Wood Panels, PVC Panels, MDF Panels, Acoustic Panels
2) By Wall Paper: Vinyl Wallpaper, Non-Woven Wallpaper, Paper Wallpaper, Fabric Wallpaper
3) By Tile: Ceramic Tiles, Porcelain Tiles, Glass Tiles, Natural Stone Tiles
4) By Metal Wall Covering: Aluminum Panels, Steel Panels, Copper Panels, Zinc Panels
5) By Other Products: Decorative Wall Murals, Textured Paints, Wall Decals, Specialty Coatings

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What regions are at the forefront of painting and wall covering contractors Market Segments SegmentsSizeSizeexpansion?
Asia-Pacific was the largest region in the painting and wall covering contractors Market Segments SegmentsSizeSizein 2024. The regions covered in the painting and wall covering contractors Market Segments SegmentsSizeSizereport are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the leading players fueling growth in the painting and wall covering contractors Market Segments?
Major companies operating in the painting and wall covering contractors Market Segments SegmentsSizeSizeinclude Saint-Gobain Adfors America Inc., Ahlstrom-Munksjo Oyj, Asian Paints Ltd., Benjamin Moore & Co., A.S. Création Tapeten AG, J. Josephson Inc., Sanderson Design Group plc, Grandeco Wallfashion NV, York Wallcoverings Inc., Dal-Tile LLC, Nippon Paint Holdings Co. Ltd., Akzo Nobel N.V., F. Schumacher & Co., Osborne & Little Ltd., CertaPro Painters Ltd., Five Star Painting Inc., Fresh Coat Painters, ProTect Painters, Wow 1 Day Painting, College Pro Painters, Mayer Fabrics, CF Stinson LLC, Momentum Textiles Digital, Pallas Textiles Digital, Camira Fabrics Digital, Maharam Digital Projects, Wolf-Gordon Digital, KnollTextiles Digital, Designtex Digital

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What Is Covered In The Painting And Wall Covering Contractors Global Market Segments SegmentsSizeSizeReport?

• Market Segments SegmentsSizeSizeSize Forecast: Examine the painting and wall covering contractors Market Segments SegmentsSizeSizesize across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the painting and wall covering contractors Market Segments SegmentsSizeSizefor a structured understanding.
• Key Players Overview: Analyze major players in the painting and wall covering contractors Market Segments, including their Market Segments SegmentsSizeSizevalue, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the painting and wall covering contractors Market Segments.
• Segment Contributions: Evaluate how different segments drive overall growth in the painting and wall covering contractors Market Segments.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the painting and wall covering contractors Market Segments.
• Industry Challenges: Identify potential risks and obstacles affecting the painting and wall covering contractors Market Segments.
• Competitive Landscape: Review strategic developments in the painting and wall covering contractors Market Segments, including expansions, agreements, and new product launches.

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