Acumen Research and Consulting Painting Tools Market Size 2019 to 2026 | страница 3
which loads the paints and coatings. The industry will enhance key benefits such
as high speed and accessibility of the application, even surface covering, and easy
availability of different sizes. Moreover, the overall growth of the segment is
further driven by high versatility, increased productivity, precise finishing and
less waste of paints.
Application Stance
The residential Construction tools market is expected to grow by more than 6%
in revenues by 2025. The market scope of the segment will be strengthened by
the increasing population, growing regulatory support from several public
bodies and the increasing incorporation of green technology in building projects.
In conjunction with extra kitchens in the apartment, the growing popularity of
the Multi-Generation Suiten will further stimulate growth in the overall market
share of the painting tools. The application of appliances in the global painting
tool market is projected to exceed USD 900 million by 2025. The company’s
expansion will be promulgated by key elements such as increased technological
development, rapid urbanization, increased per capita revenue and an increased
number of small households. Moreover it will provide positive space for growth
in the segment overall, with the shifting consumer preferences to new, enhanced
kitchen and living room décores and considerable protection of the appliances
against damage.
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Regional Outlook
In the total painting tool market in 2018, Europe accounted for more than US$ 2
billion. Professional architecture manufacturers and quality enthusiasts will
boost their demand for products and promote the expansion of the industry. In
conjunction with general industrial applications, increased demand from the
decorative painting segments will further boost the overall painting tools market
expansion across the region. Furthermore, changing consumer preference in
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