Global painting tools market size may surpass a valuation of USD 13 billion by 2028. Explosive population growth, increasing migration of people from rural to urban areas, and fast-paced industrial development across developing economies have triggered the demand for housing and commercial spaces in recent decades. Influenced by this surging demand, governments across several economies have declared projects like Pradhan Mantri Awas Yojana (PMAY) in India to provide affordable housing to the urban poor. The proliferation of such initiatives in line with the constantly improving economic growth will fuel the expansion of the construction sector, thereby pushing the painting tools industry outlook in the forthcoming years.

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Other factors contributing to the development of the painting tools market are the rapid proliferation of the automobile, electronics, and paints and coatings industries. Specialized paints and coatings are applied on the surface of several parts of automobiles and appliances to protect them from corrosion and other deteriorating factors. Moreover, growing consumer inclination towards modern furniture and home aesthetics coupled with the escalating R&D practices by key industry players to offer advanced products with increased affordability will boost the landscape of the painting tools industry.

Automobile parts require specialized tools that ensure minimum paint wastage and paint an even layer. Trends associated with automobile aesthetics, especially bikes and sports cars, have been on the rise for quite a while now. Driven by these trends, industry players are developing advanced equipment that meets the aesthetic as well as protective requirements of a vehicle. 

As per OICA, despite the pandemic, the automobile sector registered a growth of 3% in 2021, producing over 80 million vehicles. These numbers are fragmented into over 23 million bikes and around 57 million commercial vehicles. Moreover, statistics from the IBEF reports suggest that the overall passenger vehicle production in India crossed 22 million in 2021.

As the market trends are changing continuously, industry giants are aiming to achieve new milestones in enhancing the consumer experience. With the sudden onset of COVID-19, an increasing number of consumers preferred to experience services and products remotely from the comfort of their homes.

Keeping these trends in mind, in February 2022, Dulux paint launched Paint the Future in India. It is the largest joint innovation ecosystem in paints and coatings, where new players are invited to share solutions to help transform the consumer's digital experience.

This, in tandem with the increasing manufacturing of advanced painting equipment, will fuel the landscape of the painting tools industry in the coming years.

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Some Point from Table of Contents:

Chapter 4   Painting Tools Market, By Product

4.1    Global Painting Tools market insights, By Product

4.2    Brushes

4.2.1    Global market estimates and forecasts, 2018 – 2028

4.2.2    Market estimates and forecast, by region, 2018 – 2028

4.3    Rollers

4.3.1    Global market estimates and forecasts, 2018 – 2028

4.3.2    Market estimates and forecast, by region, 2018 – 2028

4.4    Scrapers

4.4.1    Global market estimates and forecasts, 2018 – 2028

4.4.2    Market estimates and forecast, by region, 2018 – 2028

4.5    Knives

4.5.1    Global market estimates and forecasts, 2018 – 2028

4.5.2    Market estimates and forecast, by region, 2018 – 2028

4.6    Trays

4.6.1    Global market estimates and forecasts, 2018 – 2028

4.6.2    Market estimates and forecast, by region, 2018 – 2028

4.7    Spray gun

4.7.1    Global market estimates and forecasts, 2018 – 2028

4.7.2    Market estimates and forecast, by region, 2018 – 2028

4.8    Masking tapes

4.8.1    Global market estimates and forecasts, 2018 – 2028

4.8.2    Market estimates and forecast, by region, 2018 – 2028

4.9    Others

4.9.1    Global market estimates and forecasts, 2018 – 2028

4.9.2    Market estimates and forecast, by region, 2018 – 2028

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