Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Art Paints Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.5% during the review period (2022 to 2027).
Art Paints Market Overview
Only recently have art paints been considered a form of medium appropriate for kindergarten courses. But now that pigmentation, consistency, and finishes have improved, many painters, including David Hockey, Helen Frankenthaler, and Mark Rothko, consider Art Paints as the best acrylic paint. Over the years, this shifting predilection has increased Art Paintss' notoriety among artists. Additionally, Art Paints are becoming more widely used by artists around the world due to their exceptional qualities.
Art paints are low-maintenance materials that don't call for specialised tools like traditional oil paints do. They gain from improved texture and consistency. Because of their versatility, canvas is a perfect canvas for artists to use for their art painting. The primary users of Art Paintss are artists. Companies that create stationery are boosting their investments in art paints, opening up more lucrative opportunities for producers. Thus, the market expansion in the upcoming years would be driven by the growing use of Art Paints as a professional painting medium.
Who are the Major Players in Art Paints Market?
The global Art Paints includes KABEL, FEMA, CARPOLY, Nippon Paint, COLDEC, 3 Trees Group
Recent Developments:
RR Kabel acquires Luminous Home Electricals Business
RR Kabel, one of the leading electrical manufacturing company and a part of RR, Global, USD 1.25billion conglomerate has today announced the acquision of, Luminous Home Electrical business from Schneider. This acquision will further, strengthen RR Kabel’s consumer electricals business which has a diversified, porolio of fans, lights & appliances. The transacon is expected to close in May’22
What are the major Applications, Types and Regions for Art Paints Market?
Art Paints Market is segmented based on the type, applications, companies and regions.
By Product Type, it is segmented into
- Water-based Paint
- Solvent-based Paint
- Others
By Application it is segmented into
- Family
- Office and Business
- Hotel and Spa
- Restaurants, Cafes and Bars
- Others
Art Paints Market Regional Analysis
Due to the rapidly growing use of Art Paints in construction operations, North America has been the most lucrative location for market participants. However, the North American Art Paintss market is expected to become a mature industry in the near future due to the saturation of prospects in infrastructure building projects. As a result, market players are focusing on revenue growth or underdeveloped markets like Latin America and Asia Pacific (APAC). Manufacturers of Art Paints have lucrative potential thanks to rising foreign direct investments (FDI) and the spread of technology in nations like Mexico, India, Colombia, and Indonesia. Supportive government investments and tax policies further the growth of infrastructure development, which in turn is resulting in demand for Art Paints and boosting Art Paintss market.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Art Paints Market report scope?
Reports Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 5.5% during the review period (2022 to 2027).
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By Type
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- Water-based Paint
- Solvent-based Paint
- Others
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By Application
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- Family
- Office and Business
- Hotel and Spa
- Restaurants, Cafes and Bars
- Others
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By Companies
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KABEL, FEMA, CARPOLY, Nippon Paint, COLDEC, 3 Trees Group
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Regions Covered
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•North America
•Europe
•Asia-Pacific
•Rest of the World
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Countries Covered
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•US
•Canada
•Germany
•France
•UK
•Italy
•Spain
•Rest of Europe
•China
•Japan
•India
•Australia
•South Korea
•Rest of Asia-Pacific
•Middle East & Africa
•Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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94
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Art Paints Report
- Evaluate Art Paints market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Art Paints market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
- It further investigates the specifics that are positively impacting the profit graph of this business sphere.
- The study also elaborates the critical factors which will augment the commercial terrain of the Art Paints market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Art Paints Market is studied from 2017 - 2027.
What is the growth rate of Art Paints Market?
The Art Paints Market is growing at a CAGR of 5.5% over the next 5 years.
Who are the leading key players in Art Paints Market?
KABEL, FEMA, CARPOLY, Nippon Paint, COLDEC, 3 Trees Group
What regions does this Art Paints Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Art Paints Market?
Water-based Paint, Solvent-based Paint, Others
What are the significant Applications of Art Paints Market?
Family, Office and Business, Hotel and Spa, Restaurants, Cafes and Bars, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
