Texture Paint Market to Grow at 5% CAGR, Reaching $16.55 Billion by 2029

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Texture Paint Market Outlook: How is the Market Expected to Grow by 2025?
The market size of texture paint has seen consistent growth over the past few years. It is projected to rise from a valuation of $12.98 billion in 2024 to $13.6 billion in 2025, marking a compound annual growth rate (CAGR) of 4.8%. The past development in this sector can be linked to several factors including an increasing urban population, expansion of infrastructure projects, a surge in residential and commercial construction activities, a greater consumer preference for personalized and distinctive interior design styles, stricter regulations surrounding volatile organic compound (VOC) emissions, and a raised consciousness about interior design.

Texture Paint Market Forecast: What Size Will It Reach By 2029?
The market size of texture paint is anticipated to experience robust growth in the coming years, reaching a value of $16.55 billion by 2029 with a 5.0% compound annual growth rate (CAGR). Factors contributing to this progression during the forecast period include increased consumer expenditure, growing concerns over the environment and customer preference for green products, a surge in demand for bespoke high-end products, and evolving trends and preferences in interior design. Key trends expected during this period are improvements in formulation technology, the use of eco-friendly mixtures, the adoption of innovative paint application methods, the digitization of design procedures, and the incorporation of intelligent features into texture paint.

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Which Key Market Drivers Will Shape Texture Paint Industry Trends in 2025-2029?
The texture paint market is anticipated to be driven forward by an increase in spending on home decor. This refers to the act of enhancing and aesthetically pleasing a residential space by using different elements of design such as color schemes, furniture, arrangements, and accessories. The observed increase in decor expenditure can be attributed to the emerging trends in interior design, easy availability of affordable decor options, and an inclination towards personalizing and adding comfort to their living spaces. Using textured paint for interior decoration not only amplifies the visual appeal but also ensures durability and easy maintenance, making the investment in interior design and long-term care more efficient. As an instance, the Joint Center for Housing Studies of Harvard University, a US-based research institute, stated in January 2023 that the national expense on renovation and remodeling repairs for homes owned by individuals had hit $485 billion in 2023, reflecting a 2.6% increase from 2022. This upward trend in home decor expenditure is thus, steering the texture paint market.

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What Are the High-Growth Segments in the Texture Paint Market?
The texture paint market covered in this report is segmented -

1) By Product Type: Interior, Exterior, Other Product Type
2) By Technology: Water-Based Technology, Solvent-Based Technology
3) By Application: Residential, Non-Residential, Industrial

Subsegments:
1) By Interior: Wall Texture Paint, Ceiling Texture Paint, Decorative Texture Paint
2) By Exterior: Weather-Resistant Texture Paint, Exterior Wall Texture Paint
3) By Other Product Type: Spray Texture Paint, Roller Texture Paint

Which Global Trends Are Driving Texture Paint Market Expansion?
Leading companies in the texture paint market are concentrating on improving their formulation techniques to deliver superior coloring solutions. Such techniques involve the incorporation of specific ingredients and processes to boost the functionality and application of textured paints. For example, in July 2023, DAP Global Inc., a manufacturer of home repair and construction items stationed in the US, released a novel spray texture paint series featuring a 2in1 wall and ceiling for various textures like orange peel, knockdown, and popcorn. The product includes a patent-pending dispensing mechanism that guarantees an equal, broad spray pattern with its adjustability and stable flow. The Aim tech technology provides a 60-degree adjustable nozzle angle, facilitating maneuverability in vertical, overhead, and tight spaces. Consumers can choose between fine, medium, or heavy texture levels and a lock mechanism for secure movement and storage is included. The line uses innovative formulation methods, with water-based formulas that are ready to paint in 30 minutes and an oil-based Orange Peel formula being ready in a mere five minutes.

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Who Are the Fastest-Growing Companies in the Texture Paint Industry?
Major companies operating in the texture paint market are Sherwin-Williams Company, PPG Industries, Sika AG, Akzo Nobel N.V., Wacker Chemie AG, Nippon Paint Holdings Co. Ltd., RPM International Inc., Axalta Coating Systems, Mapei Corporation, Kansai Paint Co. Ltd., Asian Paints Limited, Jotun A/S, Hempel A/S, Behr Process Corporation, Berger Paints India Limited, Dunn-Edwards Corporation, National Paints Factories Co. Ltd., Kelly-Moore Paints, Diamond Vogel, Crown Paints Ltd., Tnemec Company Inc., Al-Jazeera Factory For Paints Co., BEHRINGER Spezialtiefbau GmbH, Jenson And Nicholson Paints Private Limited, Andura Coatings DGH Manufacturing Ltd.

What Is the Regional Outlook for the Texture Paint Market by 2029?
Asia-Pacific was the largest region in the texture paint market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the texture paint market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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