Global Paint Roller Market was valued at US$ 2.4 Bn in 2019 and is expected to reach US$ 4.8 Bn by 2026, at a CAGR of 7.25% during a forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
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Global Paint Roller Market Dynamics
A paint roller is basically a tool, which is used to apply paint on large flat surfaces such as walls or ceilings. Selecting a proper cover of rollers are depended on the type of paint and the type of surface required to be painted. It can be re-used even after multiple usage, Increasing structural restructuring plans along with the adoption of more painting equipment will drive paint rollers demand. Inclination of consumer towards the interior design of their homes is also expected to boost the global paint roller market.
Increasing demand for standardized painting is one of the trends in the market. It helps to minimize wastage of paint, which is one of the likely opportunities for the growth of the paint rollers market. Furthermore, the high cost of the paint rollers as compared to the traditional painting tools is limiting the market growth.
Global Paint Roller Market Segment Analysis
The blended fabric held nearly about 150 million units in 2019 and is expected to grow at 6% during the forecast period. The growth can be attributed to its unique properties as they are produced by utilizing two or more distinct kinds of fibers to serve specific needs in paint application. Furthermore, synthetic fabrics are extensively used in the painting roller market owing to their features such as high durability, versatility, and cost-effectiveness. They are used with quartz as well as water-based paints, which depend on the variety of external and internal surfaces.
The shorter pile is expected to grow at a high rate of CAGR during the forecast period. Ease of application and affordability are expected to be the key factors driving the product demand. It provides smooth and fine finishing which is expected to increase the demand for shorter pile. An innovation of improved design for achieving fine finishes will enhance product penetration.
The construction segment is expected to lead the global paint roller market. Increasing demand from the residential and commercial construction sectors is expected to share significant growth in the market. Roller offers the ability to speed up painting & coating tasks and decrease manpower. The construction segment is projected to share nearly about the US $11 billion by 2027 in the market.
Rising population, rapid industrialization, increasing foreign investment funding across developing economies will fuel the roller paint market. Increasing consumer’s inclination towards the renovation of a public and private building, poorly structured and deprived houses will provide a beneficial opportunity to the industry manufacturers.
Global Paint Roller Market Dynamics
Geographically, Asia Pacific is expected to hold a significant share in the global paint roller market. This growth is attributed to the increasing infrastructural sectors as well as industrial sectors in this region.
The rapid urbanization in developing countries such as China and India is also expected to be one of the substantial factors for the growth in the paint rollers market. The Asia Pacific accounted for nearly about 55% of the market share in 2019 and is projected to grow at a steady pace during the forecast period. The factors such as the availability of the low-cost & highly skilled workforce in developing economies are expected to boom the paint roller market.
The report gives a clear representation of the current market scenario of the global paint roller market, which includes projected market size in terms of value and volume, pestle analysis, porter’s analysis factors in the market.
Global Paint Roller Market, Key Highlights:
• Global Paint Roller Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Paint Roller Market
• Global Paint Roller Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Paint Roller Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Paint Roller Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Paint Roller Market are also profiled.
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Global Paint Roller Market, by Product
• Woven
• Knit
Global Paint Roller Market, by Fabrics
• Synthetic
• Blended
• Polyester
• Wool
Global Paint Roller Market, by Pile Depth
• Shorter pile
• Medium pile
• High pile
Global Paint Roller Market, by Application
• Construction
• Appliances
• Furniture
Global Paint Roller Market, by Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Global Paint Roller Market Key Players
• Purdy
• Premier
• The Wooster Brush Company
• Peta
• Monterey Mill
• Benjamin Moore & Co.
• Roll Roy
• VACTECH Composites
• Pro Roller
• RollerLite
• Beorol
• Tongcheng City
• Marshall
• FoamPRO
• Dynamic
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