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Expanding Housing Market Fuels Surge In Painting And Wall Covering Contractor Opportunities: The Driving Engine Behind Painting And Wall Covering Contractors Market Evolution in 2025
Painting And Wall Covering Contractors Market Size
Painting And Wall Covering Contractors Market Size Growth Forecast: What to Expect by 2025?
The market for painting and wall covering contractors has seen consistent growth over recent years. An increase from $227.47 billion in 2024 to $237.29 billion in 2025, representing a compound annual growth rate (CAGR) of 4.3%, is projected. The historic period growth is attributed to factors such as construction and real estate activity, home upgrades and redesigns, prevailing aesthetic trends and design preferences, along with commercial, industrial projects, and property maintenance.
How Will the Painting And Wall Covering Contractors Market Size Evolve and Grow by 2029?
The market size for painting and wall covering contractors is predicted to experience stable growth in the upcoming years, reaching a value of $276.7 billion in 2029 with a compound annual growth rate (CAGR) of 3.9%. The expected growth during the forecast period can be traced back to developments like green building methods, materials and techniques innovation, current interior design movements, both commercial and residential construction, along with economic circumstances. Key trends projected for the forecast period comprise compliance with health and safety norms, the prominence of digital marketing and online visibility, pioneering application procedures, energy-saving coverings, and a surge in residential renovations.
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What Drivers Are Propelling the Growth of Painting And Wall Covering Contractors Market Forward?
The growth of the painting and wall covering contractors market is anticipated to surge due to the escalating demand for housing. The term housing is associated with any constructed place designated to house one or more family units. Duties performed by painting and wall-covering contractors typically include various house maintenance tasks such as painting buildings, floors, walls, and roofs. They may also participate in directing and instructing these tasks. Therefore, a surge in the need for houses and accommodation spaces heightens the requirement for painting and wall-covering contractors. To illustrate, data from the United States Census Bureau, a primary US federal statistical system agency, revealed that the count of privately-owned housing units sanctioned by building permits rose to 1,524,000 on a seasonally adjusted yearly basis in February 2023. This was a 13.8% hike compared to the amended January rate of 1,339,000. Hence, the escalating demand for housing is the driving factor behind the expansion of the painting and wall covering contractors market.
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Which Emerging Trends Are Transforming the Painting And Wall Covering Contractors Market in 2025?
The increasing adoption of technologically advanced painting systems is a prominent trend in the painting and wall covering contractors sector. Many of the leading companies in the market are deploying innovative technology-based paints to consolidate their market standing. An example of this trend is PPG Industries Inc., a U.S. manufacturer of paint, coatings, and other specialized materials, who in April 2022, introduced Copper Armor, the latest in anti-virus and bacteria paint. Employing Corning Guardiant copper technology, this revolutionary interior coating is capable of eradicating 99.9% of viruses and bacteria within two hours of application. Copper Armor incorporates Corning Guardiant copper ion technology, an additive tested at Dr. Charles Gerba's microbiology lab at the University of Arizona, which continuously sanitizes walls and eliminates bacteria. The new EPA (Environmental Protection Agency) registration makes it the first Guardiant-enabled product available in the US market.
What Are the Key Segments in the Painting And Wall Covering Contractors Market?
The painting and wall covering contractors market covered 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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Who Are the Key Players Shaping the Painting And Wall Covering Contractors Market's Competitive Landscape?
Major companies operating in the painting and wall covering contractors market include 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
What Geographic Markets Are Powering Growth in the Painting And Wall Covering Contractors Market?
Asia-Pacific was the largest region in the painting and wall covering contractors market in 2024. The regions covered in the painting and wall covering contractors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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