At 6% CAGR, Paint Rollers Market to be worth more than $4 Billion by 2025
Date: 2019-02-22   Author: Rahul Varpe  Category: #market

At 6% CAGR, Paint Rollers Market to be worth more than $4 Billion by 2025

Paint rollers, arguably one of the handiest décor components, are used extensively for both indoor and outdoor painting purposes across the residential, commercial and industrial arenas. It comes as no surprise that rapid urbanization of the Asian countries and the stabilization of the American building and construction sector has amplified the demand for paint rollers, thereby impelling paint rollers industry trends.

With the global populace soaring higher by the day, the demand for housing would witness a major hike, on account of which paint rollers market share would increase considerably from the residential housing sector.Post the housing market slump in the U.S. after 2009, the region has witnessed a surge in residential investments, as the owner-occupied real estate sector has once again gained prominence. 

Request for a sample copy of this report @
https://www.gminsights.com/request-sample/detail/2183

The region has also observed a dramatic rise in the nuclear and single-family trend, substantially increasing the need for housing, which would ultimately impel the regional paint rollers market outlook. The U.S. government, it is observed, has also been offering support to new construction projects in the form of tax deductions and favourable FDI policies.

Overall, it would not be incorrect to state that the U.S. housing and construction sector has been traversing along the graph of normalcy. As per estimates, the U.S. construction spending is expected to register a CAGR of 6% over 2016-2020, a fact that will directly influence the growth of the regional paint rollers industry.

In an era dominated by digitization and online product & service promotions, lifestyle websites like Pinterest that provide thousands of DIY ideas have been the driving force for home decor enthusiasts, many of whom prefer paint rollers over paint brushes, given that these products provide a better finish and facilitate easy usage with minimal wastage of paint.

Browse report summery @
https://www.gminsights.com/industry-analysis/paint-rollers-market

Easy applicability is one of key reasons for the development of paint rollers market popularity, since consumers find it much easier to use a paint roller themselves than spending a ton on hiring professionals to do the job.

Countries witnessing exponential growth in the industrial and residential sectors across the Asia Pacific, particularly Australia, India and China, have a major role to play in APAC paint rollers market growth. As per estimates, Asia Pacific accounted for 55% of the overall paint rollers market share in 2017.

The robust demand for residential buildings will further drive this regional industry, as per analysts. Keeping in mind the ease of use and growing popularity of paint rollers, industry competitors are coming up with innovative paint rollers like the Paint Runner Pro, that is advertised to be a non-drip paint roller that holds paint.

In essence, there is no need to dip the roller innumerable times into the paint, which would lead to zero paint wastage and would eliminate the requirement of drop sheets during painting. Another noteworthy paint roller market trend is that of 3D paint rollers.

Make an inquiry for purchasing this report @
https://www.gminsights.com/inquiry-before-buying/2183

These products are being developed by designers to cater to a segment of the populace that has been calling for creative but easy ways to add a flicker of class to walls and have been taking paint rollers market by storm.

The prevalence of research and development activities in paint rollers market, coupled with the ease of application, lack of wastage of product and wide field for usage, have led to these products gaining mainstream approval. With global infrastructure expenditure projected to exceed USD 9 trillion by 2024, the growth rate of the paint rollers market over the forthcoming years is forecast to be rather appreciable, given its projected demand across the construction sector.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]
Web: https://www.gminsights.com/



About Author


Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for AlgosOnline. 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 online. ...

Read More

More from Rahul


Post Recommendents

IT giant Cognizant acquires Dublin-based fintech firm Meritsoft
Author: Ojaswita Kutepatil

The company with this acquisition will leverage Meritsoft’s know-how to help clients transform business for the digital era.

American IT conglomerate, Cogni...


Hops material segment of Non-Alcoholic Wine and Beer Market will witness CAGR over 8% by 2024
Author: Rahul Sankrityayan

Shifting consumer preferences towards healthier alternatives is among the key factor propelling the non-alcoholic wine and beer market size. Factors such as religious restrictions, rising consumer spending across developing countries along with fa...


Matcha market from personal care & cosmetic application will witness 3.5% by 2024
Author: Rahul Sankrityayan

Rising consumption rates along with increasing health awareness of nutritious food & beverages will propel matcha demand. This rise in demand can be attributed to its nutritional benefits, unique flavor and texture along with its extreme versa...