Acumen Research and Consulting Painting Tools Market Size 2019 to 2026 | Page 2
In-kind projects in the building industry are among the major drivers for growth,
together with constant support from private-public partnerships, which in return
will drive the overall size of the painting tool market. It is estimated that
increased house needs and infrastructure development investment will fuel the
growth of the industry. Increased demand for smart towns and increased
construction expenses for economically stable countries is expected to boost
market expansion for painting tools.
The need for sustainable and smart sustainable infrastructure solutions has
increased with population growth, environmental impacts and urbanization. The
global construction industry, for example, will expand to approximately 2.8% by
2021. The main factors that drive further the growth of the painting tools market
are also the provision of effective building methods, together with the capability
to offer effective integration, planning and design. As they are commonly used in
painting houses, this has led to a demand for brushes & rollers.
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Awareness of the important link between infrastructure and quality of life could
have led to a significant shift in public politics, thus driving the market in
painting tools in the largest population areas. An increase in the use of paints and
coatings in consumer electronic products will drive demand in the industry. The
business share will grow with rapid technological developments concerning new
and improved painting tools designs and substantial R&D investments by key
players. The worldwide trade in the developed economies may however be
hampered by lack of access to skilled work and rising labor costs, such as China,
the UK and Canada.
Product Insights
In 2018, spray gun represented over 21 percent of the total market of painting
tools. The spray pistol consists of a powerful nozzle with a container underneath
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