The global paint rollers market size was valued at USD 2.4 billion in 2019 and is estimated to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rising consumer preference and demand towards standardized painting.
The tool used for painting large flat and uniform surfaces such as walls or ceilings effectively is known as paint roller. It generally consists of a roller cover and roller frame. The primary function of the roller cover is to absorb the paint and transfer it to the flat painted surface although the roller frame is attached to the roller cover; moreover, these rollers are durable and reusable in nature.
Choosing a conventional cover of rollers are depends on the type of paint and the type of surface to be painted upon. Rising constructional restructuring plans along with the acquisition of more painting equipment will spur paint rollers demand. Inclination of consumer’s preference towards the interior designing is also expected to boost the global paint roller market.
The Covid-19 pandemic had an unpleasant impact on the paint rollers market. The production has been on halt and both the demand and supply ware affected. The market suffered huge loss; however the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.
Market Trends, Drivers, Restraints, and Opportunities
- Rising consumer preference in favor of standardized painting is projected to drive the growth of the paint rollers market over the forecast period.
- Growing adoption of technological advancements such as digital graffiti is further expected to drive the market growth.
- Rising infrastructural developments along with increasing construction of commercial buildings are also projected to expand the market of paint rollers in the near future.
- Socioeconomic evolution coupled with housing subsidies provided by government bodies is further anticipated to positively influence the market growth in the coming years.
- Growth of commercial buildings such as shopping malls, hotels, theaters etc. will further spur product penetration in the market.
- High price associated with paint rollers when compared to the traditional painting tools is expected to impede the market expansion.
- lack of trained and skilled labor is estimated to hinder then market growth
- R&D investment and technological advancement in paint rollers market are expected to offer lucrative opportunities for the market players.
Market Segment insights
The woven segment is projected to constitute a large market share
Based on category, the global paint rollers market is segregated into woven and knit. The woven segment is expected to account for a key share of the market during the forecast period owing to certain features such as protection, filtration, separation, drainage and reinforcement extended by the product. Woven based paint rollers provides lint-free finish on smooth, semi-rough, and semi-smooth surfaces and offer reasonable protection against shedding with all paints, varnishes and enamels. However, the knit segment is expected to expand at a rapid pace during the forecast period due to its conventional application.
Construction segment is expected to register a substantial CAGR
Based on application, the global paint rollers market is divided into construction, appliances and furniture. The construction segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to significant expand in investment upon this industry and reviving commercial and residential construction sector. However, appliances segment is projected to grow over the forecast period due to its feasible application and preference of consumers.
Asia Pacific is expected to dominate the market
In terms of regions, the market is broadly classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to expand at a robust CAGR during the forecast period. The expanding infrastructural sectors as well as industrial sectors in this region are anticipated to boost the market growth over the coming years. Furthermore, it has accounted for more than 50% market share. However, the market of North America is expected to exhibit a rapid growth rate in the coming years owing to the growth of infrastructural developments and commercialization in this region.
Compititive Landscape
Key players competing in the global paint rollers market include Gordon Brush, Purdy, Anderson Products, Hyde Tools, Premier Paint Roller Manufacturing, Warner Manufacturing Company, Quali-Tech Manufacturing and Wooster.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase/enhance their market shares.
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