Report ID: SQMIG25AH2011
Report ID:
SQMIG25AH2011 |
Region:
Global |
Published Date: March, 2024
Pages:
223
|
Tables:
66 |
Figures:
65
Asia-Pacific is the dominant region in the global paint rollers market and is projected to experience a CAGR of 6.9% during the forecast period. The region's rapid economic growth, particularly in countries like China, India, and Indonesia, is contributing to the increased demand for residential construction and the paint industry, thus driving the market's growth.
Europe holds the second-largest market share and is expected to reach USD 967 million by 2030, with a CAGR of 4.8%. The growth of the paint roller market in Europe is closely linked to the construction of homes and commercial buildings. The European construction industry has shown improvement since 2022, marked by a modest 0.9% increase in residential construction.
North America, while generating comparatively lower revenue in the global market, is witnessing steady growth due to the expansion of the residential and commercial construction sectors. As these industries continue to thrive, more individuals are utilizing painting tools like paint rollers, which is a key factor driving the market trends in the North American region.
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Report ID: SQMIG25AH2011