Paint Rollers Market Recent Trends,Market Growth,Top Manufacturers Analysis,Business Opportunities and Demand
Category: #business  By Rahul Varpe  Date: 2022-12-12
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Paint Rollers Market Recent Trends,Market Growth,Top Manufacturers Analysis,Business Opportunities and Demand

The paint rollers market is speculated to grow at an exponential pace through 2028 primarily owing to prevalent product uptake in construction activities across the globe. Additionally, rising consumer interest in home improvement projects is primed to further facilitate market growth over the forecast period.

Following the COVID-19 outbreak, government-imposed lockdown restrictions forced people to stay indoors. This caused an upsurge in the prominence of home improvement and renovations in order to make optimal use of the available space, particularly due to the emerging trends of work from home and online education. As a result, soaring consumer expenditure on home improvement projects has boosted the demand for paint rollers, thereby fostering industry outlook during the pandemic.

The paint rollers market has been bifurcated in terms of type, fabric, pile depth, application, and region. Based on type, the market has been further divided into knit and woven. Under knit, the market has been segregated into blended and synthetic.

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The blended knit segment is anticipated to reach a valuation of over USD 1.3 billion by 2028, delivering a solid CAGR over the assessment timespan. Blended knit materials are highly preferred for both oil and latex coatings since they work well with gloss and semi-gloss coatings, which is likely to be a key factor contributing to the growth of the segment in the forthcoming years.

With respect to fabric, the paint rollers market has been categorized into synthetic and blended. Under blended, the market has been segmented into wool blend and polyester blend. Wool blend blended fabric is expected to showcase the highest growth in the segment over 2022-2028, progressing at a CAGR of around 7.2% through the analysis timeframe. Wool materials offer superior quality of finishing due to the existence of tiny microfibers that are essential in premium coating applications, which is slated to boost product demand in the upcoming period.

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From the application perspective, the market has been segregated into construction, furniture, appliances, and others. The paint rollers industry share from the furniture application segment is projected to observe notable growth at about 5.1% CAGR through the study timeline. The furniture market would exhibit dynamic growth owing to the continuously increasing construction and infrastructural activities across the globe, which is poised to impel segmental development in the coming years.

On the basis of region, the Latin America paint rollers market is estimated to grow at a healthy CAGR of approximately 5.7% over the projected timeframe. Escalating product demand from the domestic end-use industries due to rising urban population, mounting disposable income, and growing consumption of packaged goods is foreseen to promote regional market growth in the future.

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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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