Graco and Wagner Well Positioned to Optimize the Sales from the Global Paint Sprayer Market, The Market to be Worth USD 1.75 Billion by 2028- Arizton

CHICAGO, Dec. 13, 2022 /PRNewswire/ -- According to Arizton's latest research report, the paint sprayer market is expected to grow at a CAGR of 5% during 2022-2028. Efficient & sustainable spray painting, technological advancements, and home improvement projects are the latest trends in the market. APAC is the largest paint sprayer market accounting for approximately 37.87% of the global market. It is expected to be the fastest-growing industry during the forecast period, mainly due to the dominant construction industry. APAC is home to several industries, including manufacturing, services, automobiles, and electrical. This consequently increases the need for paint sprayers in the region. While Japan and South Korea are prominent manufacturers and exporters of electrical appliances and automobiles, Singapore dominates with its excellent construction facilities. Furthermore, the increasing purchasing power of consumers and the rising practice of DIY among young consumers are driving the target market in the region.

Paint Sprayer Market Report Scope

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According to the OICA, since 2005, the automobile industry has shown rapid growth in emerging economies due to rapid industrialization and increased foreign direct investment (FDI). Therefore, it has created many well-paying jobs in emerging economies that have increased the buying power of customers. In addition, during the COVID-19 pandemic, the demand for passenger cars increased as people preferred private cars to travel instead of public transportation due to the fear of getting infected. In the automotive industry, paint sprayers are used in the production and maintenance of vehicles. Therefore, with the surge in demand for vehicles, the demand for paint sprayers is anticipated to rise during the forecast period.

Key Winning Imperatives in the Global Paint Sprayer Market

• The DIY culture is one of the significant drivers for the paint sprayer market.
• The rising need for reconstruction and renovation has boosted the demand for paint sprayers in recent years, propelling the industry's growth.
• Paint sprayers are efficient tools, and HVLP paint sprayers are a popular choice amongst DIYers and professionals owing to their narrow spraying and highly controllable pressure-entrusting capability.

Home remodeling and painting are crucial revenue generators in the painting industry. Some of the most common DIY activities in homes include painting on a newly built piece of furniture or repainting cabinets that look sappy and lousy. Hence, airless paint sprayers are the best option. Moreover, the DIY home improvement market is expected to grow at a CAGR of 3.2% between 2020 and 2026. There are several market players, such as Graco and Wagner, that offer paint sprayers for DIYers. The Graco Magnum X5 Stand Airless paint sprayer is one of the great choices for home projects. It is easy to use, even for first-time paints. The sprayers can support up to 75 feet of paint hose, and the tip is reversible. Furthermore, it is easy to clean and good for large projects.

In the upcoming years, the use of innovative battery technology will be a major factor influencing consumers purchase behavior. Professional users are also recommended to have one battery system for all cordless equipment. This will boost the dependence on Li-ion batteries, thus driving the market. The long-lasting battery has compelled vendors to extend their product ranges with Li-ion batteries. With marketing restrictions for NiCd cells and lower penetration of NiMH cells, the growth of Li-ion battery technology is more likely to support the growth and adoption of paint sprayers.

Housing projects with 20 million affordable homes for the urban poor by 2022 are expected to boost revenues in the residential sector in India. Moreover, the country's residential segment is expected to account for one-third of the total revenue in the construction sector by 2023. Furthermore, the rising pace of urbanization, the growing middle-class population, and the improving domestic and regional economic conditions are indirectly paving the way for more construction projects in the growing economies of APAC and Latin America. Thus, paint sprayers can be adopted after the completion of construction projects, which in turn, will bring more revenue to the market.

Company Profiles

• Wagner
• HomeRight
• Graco
• Lemmer Spray Systems
• Sames
• Rongpeng Air Tools
• Blastech
• Buvico Spraying Equipments
• Vands Engineering Solution
• MOD Engineering
• TECCPO
• Batavia
• NEU MASTER
• Robert Bosch
• EXEL Industries
• Litheli
• YATTICH
• Worksite
• HYCHIKA
• NoCry
• Fuji Industrial Spray Equipment

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The Report Provides Market Size & Forecast for the Following Segments

Product:

• Air
• Airless
• Electrostatic
• Others

Power Source:

• Corded
• Cordless

Applicator Type:

• Manual
• Automatic

End-user

• Industrial & Commercial
• Residential

Geography:

• North America
• The US
• Canada
• Europe
• The UK
• Italy
• France
• Spain
• Germany
• APAC
• China
• Australia
• Japan
• South Korea
• India
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• South Africa
• GCC

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U.S. Wall Repair Products Market - Industry Outlook & Forecast 2022-2027: The U.S. wall repair products market is expected to reach USD 12.28 billion by 2027 from USD 9.33 billion in 2022. Rapid industrialization and increasing applications in the household and commercial sectors are primarily driving the wall repair products market. These repair products are mainly used in the residential sector since the construction of housing units in the U.S. is drywall. Drywall is rigid, however, not indestructible. Over time, gypsum-board walls can withstand ugly cracks or holes. Fortunately, drywalls can be easily fixable. Therefore, the construction of drywall housing is expected to surge the demand for wall repair products in the U.S.

Commercial Scrubbers and Sweepers - Global Outlook & Forecast 2022-2027: The global commercial scrubbers and sweepers market is expected to reach USD 7.67 billion by 2027 from USD 5.09 billion in 2022. Futuristic inventions in mainstream robotics and other complementary technologies will likely boost investor confidence in the market and thereby increase VC funding. While startups are expected to adopt advanced and modern technology with demonstrable features, existing vendors will continue improvising their product portfolio with upgrades. Thus, introducing upgrades will fuel the market growth during the forecast period. Purchasing high-quality sweepers and scrubbers may involve more initial costs but can save money in the long run since they require lesser maintenance.

Disinfectant Sprays and Wipes Market - Global Outlook and Forecast 2021-2026: The global disinfectant sprays and wipes market size to reach revenues of USD 9.52 billion by 2026. Government initiatives to increase awareness of the growing need for disinfection and cleanliness are expected to boost the disinfectant sprays and wipes market. The development of sprays and wipes is increasing worldwide. For instance, leading vendors such as Clorox Healthcare offers evolving and advanced solutions, thereby safeguarding the healthcare environment. With the increase in stringent regulations by the government, products such as cleaning sprays and wipes are expected to witness significant growth in demand among consumers. 

Sprayer Market - Global Outlook and Forecast 2020-2025: The global sprayer market size to reach USD 6.7 billion by 2025, growing at a CAGR of 4.6% during the forecast period. AGCO, CNH Industrial, Deere & Company, Exel Industries, Kubota, MTD Products, Robert Bosch, and The Toro Company are the major vendors operating in the global sprayers market. Major vendors are introducing new cost-cutting and operating efficiency measures through various initiatives such as maintaining direct material cost-out operations, right-sizing the supply chain footprint, reducing indirect material and logistics costs, and increasing revenue and operating spending performance. 

Table of Content

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

4.1 MARKET DEFINITION

4.1.1 INCLUSIONS

4.1.2 EXCLUSIONS

4.1.3 MARKET ESTIMATION CAVEATS

4.2 BASE YEAR

4.3 SCOPE OF THE STUDY

4.4 MARKET SEGMENTATION

4.4.1 MARKET BY PRODUCT

4.4.2 MARKET BY POWER SOURCE

4.4.3 MARKET BY APPLICATOR TYPE

4.4.4 MARKET BY END-USER

4.4.5 MARKET SEGMENTATION BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

5.1 KEY CAVEATS

5.2 CURRENCY CONVERSION

5.3 MARKET DERIVATION

6 MARKET AT A GLANCE

7 PREMIUM INSIGHTS

7.1.1 MARKET OVERVIEW

7.1.2 MARKET TRENDS

7.1.3 MARKET OPPORTUNITIES

7.1.4 MARKET DRIVERS

7.1.5 MARKET CHALLENGES

7.1.6 SEGMENT REVIEW

7.1.7 COMPANY & STRATEGIES

7.1.8 COMPANY PROFILES

8 INTRODUCTION

8.1 OVERVIEW

8.2 PAINT RECYCLING

8.3 VALUE CHAIN

8.3.1 MATERIAL SUPPLIERS

8.3.2 MANUFACTURERS

8.3.3 DISTRIBUTORS

8.3.4 APPLICATION

8.4 FREQUENTLY ASKED QUESTION (FAQ)

8.4.1 CAN FLAMMABLE OR COMBUSTIBLE MATERIALS BE USED WITH PAINT SPRAYERS?

8.4.2 IS OPERATING A PAINT SPRAYER EASY?

8.4.3 WHAT KIND OF PAINTS CAN BE USED IN PAINT SPRAYERS?

8.4.4 WHAT IS THE SUITABLE TYPE OF PAINT SPRAYER FOR RESIDENTIAL USE?

8.4.5 IS IT WORTH GETTING A PAINT SPRAYER?

8.4.6 WHAT IS THE BEST PRESSURE FOR SPRAY PAINTING?

8.4.7 HOW RUNNY SHOULD THE PAINT BE FOR A SPRAY GUN?

8.4.8 DOES SPRAYING PAINT REQUIRES TWO COATS?

8.5 AUTOMOTIVE INDUSTRY

8.6 CONSTRUCTION INSIGHTS

8.6.1 RESIDENTIAL CONSTRUCTION

8.6.2 COMMERCIAL CONSTRUCTION

8.6.3 PUBLIC INFRASTRUCTURAL CONSTRUCTION

9 MARKET OPPORTUNITIES & TRENDS

9.1 EFFICIENT & SUSTAINABLE SPRAY PAINTING

9.2 TECHNOLOGICAL ADVANCES

9.3 HOME IMPROVEMENT PROJECTS

10 MARKET GROWTH ENABLERS

10.1 GROWTH OF AUTOMOTIVE INDUSTRY

10.2 GROWTH IN DIY ACTIVITIES

10.3 ADVANCES IN LI-ION BATTERIES

10.4 GROWING CONSTRUCTION INDUSTRY

11 MARKET RESTRAINTS

11.1 FLUCTUATIONS IN RAW MATERIAL PRICES

11.2 COST & MAINTENANCE OF PAINT SPRAYERS

11.3 LOW-COST LABOR IN DEVELOPING ECONOMIES

12 MARKET LANDSCAPE

12.1 MARKET OVERVIEW

12.2 MARKET SIZE & FORECAST

12.3 FIVE FORCES ANALYSIS

12.3.1 THREAT OF NEW ENTRANTS

12.3.2 BARGAINING POWER OF SUPPLIERS

12.3.3 BARGAINING POWER OF BUYERS

12.3.4 THREAT OF SUBSTITUTES

12.3.5 COMPETITIVE RIVALRY

13 PRODUCT

13.1 MARKET SNAPSHOT & GROWTH ENGINE

13.2 MARKET OVERVIEW

13.3 AIR

13.3.1 MARKET OVERVIEW

13.3.2 MARKET SIZE & FORECAST

13.3.3 MARKET BY GEOGRAPHY

13.4 AIRLESS

13.4.1 MARKET OVERVIEW

13.4.2 MARKET SIZE & FORECAST

13.4.3 MARKET BY GEOGRAPHY

13.5 ELECTROSTATIC

13.5.1 MARKET OVERVIEW

13.5.2 MARKET SIZE & FORECAST

13.5.3 MARKET BY GEOGRAPHY

13.6 OTHERS

13.6.1 MARKET OVERVIEW

13.6.2 MARKET SIZE & FORECAST

13.6.3 MARKET BY GEOGRAPHY

14 POWER SOURCE

14.1 MARKET SNAPSHOT & GROWTH ENGINE

14.2 MARKET OVERVIEW

14.3 CORDED

14.3.1 MARKET OVERVIEW

14.3.2 MARKET SIZE & FORECAST

14.3.3 MARKET BY GEOGRAPHY

14.4 CORDLESS

14.4.1 MARKET OVERVIEW

14.4.2 MARKET SIZE & FORECAST

14.4.3 MARKET BY GEOGRAPHY

15 APPLICATOR TYPE

15.1 MARKET SNAPSHOT & GROWTH ENGINE

15.2 MARKET OVERVIEW

15.3 MANUAL

15.3.1 MARKET OVERVIEW

15.3.2 MARKET SIZE & FORECAST

15.3.3 MARKET BY GEOGRAPHY

15.4 AUTOMATIC

15.4.1 MARKET OVERVIEW

15.4.2 MARKET SIZE & FORECAST

15.4.3 MARKET BY GEOGRAPHY

16 END-USER

16.1 MARKET SNAPSHOT & GROWTH ENGINE

16.2 MARKET OVERVIEW

16.3 INDUSTRIAL & COMMERCIAL

16.3.1 MARKET OVERVIEW

16.3.2 MARKET SIZE & FORECAST

16.3.3 MARKET BY GEOGRAPHY

16.4 RESIDENTIAL

16.4.1 MARKET OVERVIEW

16.4.2 MARKET SIZE & FORECAST

16.4.3 MARKET BY GEOGRAPHY

17 GEOGRAPHY

17.1 MARKET SNAPSHOT & GROWTH ENGINE

17.2 GEOGRAPHIC OVERVIEW

18 APAC

18.1 MARKET OVERVIEW

18.2 MARKET SIZE & FORECAST

18.3 PRODUCT

18.3.1 MARKET SIZE & FORECAST

18.4 POWER SOURCE

18.4.1 MARKET SIZE & FORECAST

18.5 APPLICATOR TYPE

18.5.1 MARKET SIZE & FORECAST

18.6 END-USER

18.6.1 MARKET SIZE & FORECAST

18.7 KEY COUNTRIES

18.7.1 CHINA: MARKET SIZE & FORECAST

18.7.2 JAPAN: MARKET SIZE & FORECAST

18.7.3 SOUTH KOREA: MARKET SIZE & FORECAST

18.7.4 INDIA: MARKET SIZE & FORECAST

18.7.5 AUSTRALIA: MARKET SIZE & FORECAST

19 EUROPE

19.1 MARKET OVERVIEW

19.2 MARKET SIZE & FORECAST

19.3 PRODUCT

19.3.1 MARKET SIZE & FORECAST

19.4 POWER SOURCE

19.4.1 MARKET SIZE & FORECAST

19.5 APPLICATOR TYPE

19.5.1 MARKET SIZE & FORECAST

19.6 END-USER

19.6.1 MARKET SIZE & FORECAST

19.7 KEY COUNTRIES

19.7.1 GERMANY: MARKET SIZE & FORECAST

19.7.2 ITALY: MARKET SIZE & FORECAST

19.7.3 UK: MARKET SIZE & FORECAST

19.7.4 SPAIN: MARKET SIZE & FORECAST

19.7.5 FRANCE: MARKET SIZE & FORECAST

20 NORTH AMERICA

20.1 MARKET OVERVIEW

20.2 MARKET SIZE & FORECAST

20.3 PRODUCT

20.3.1 MARKET SIZE & FORECAST

20.4 POWER SOURCE

20.4.1 MARKET SIZE & FORECAST

20.5 APPLICATOR TYPE

20.5.1 MARKET SIZE & FORECAST

20.6 END-USER

20.6.1 MARKET SIZE & FORECAST

20.7 KEY COUNTRIES

20.7.1 US: MARKET SIZE & FORECAST

20.7.2 CANADA: MARKET SIZE & FORECAST

21 LATIN AMERICA

21.1 MARKET OVERVIEW

21.2 MARKET SIZE & FORECAST

21.3 PRODUCT

21.3.1 MARKET SIZE & FORECAST

21.4 POWER SOURCE

21.4.1 MARKET SIZE & FORECAST

21.5 APPLICATOR TYPE

21.5.1 MARKET SIZE & FORECAST

21.6 END-USER

21.6.1 MARKET SIZE & FORECAST

21.7 KEY COUNTRIES

21.7.1 MEXICO: MARKET SIZE & FORECAST

21.7.2 BRAZIL: MARKET SIZE & FORECAST

22 MIDDLE EAST & AFRICA

22.1 MARKET OVERVIEW

22.2 MARKET SIZE & FORECAST

22.3 PRODUCT

22.3.1 MARKET SIZE & FORECAST

22.4 POWER SOURCE

22.4.1 MARKET SIZE & FORECAST

22.5 APPLICATOR TYPE

22.5.1 MARKET SIZE & FORECAST

22.6 END-USER

22.6.1 MARKET SIZE & FORECAST

22.7 KEY COUNTRIES

22.7.1 SOUTH AFRICA: MARKET SIZE & FORECAST

22.7.2 GCC: MARKET SIZE & FORECAST

23 COMPETITIVE LANDSCAPE

23.1 COMPETITION OVERVIEW

24 COMPANY PROFILES

24.1 WAGNER

24.1.1 BUSINESS OVERVIEW

24.1.2 WAGNER SPRAYTECH

24.1.3 PRODUCT OFFERINGS

24.2 HOMERIGHT IN

24.2.1 PRODUCT OFFERINGS

24.2.2 TITAN TOOL

24.2.3 PRODUCT OFFERINGS

24.2.4 EARLEX

24.2.5 PRODUCT OFFERINGS

24.3 GRACO

24.3.1 BUSINESS OVERVIEW

24.3.2 PRODUCT OFFERINGS

24.4 LEMMER SPRAY SYSTEMS

24.4.1 BUSINESS OVERVIEW

24.4.2 PRODUCT OFFERINGS

24.5 SAMES

24.5.1 BUSINESS OVERVIEW

24.5.2 PRODUCT OFFERINGS

24.6 RONGPENG AIR TOOLS

24.7 BLASTECH

24.8 BUVICO SPRAYING EQUIPMENTS

24.9 VANDS ENGINEERING SOLUTION

24.10 MOD ENGINEERING

24.11 TECCPO

24.12 BATAVIA

24.13 NEU MASTER

24.14 ROBERT BOSCH

24.15 EXEL INDUSTRIES

24.16 LITHELI

24.17 YATTICH

24.18 WORKSITE

24.19 HYCHIKA

24.20 NOCRY

24.21 FUJI INDUSTRIAL SPRAY EQUIPMENT

25 REPORT SUMMARY

25.1 KEY TAKEAWAYS

25.2 STRATEGIC RECOMMENDATIONS

26 QUANTITATIVE SUMMARY

26.1 PRODUCT

26.2 POWER SOURCE

26.3 APPLICATOR TYPE

26.4 END-USER

26.5 GEOGRAPHY

26.6 APAC

26.6.1 PRODUCT

26.6.2 POWER SOURCE

26.6.3 APPLICATOR TYPE

26.6.4 END-USER

26.7 EUROPE

26.7.1 PRODUCT

26.7.2 POWER SOURCE

26.7.3 APPLICATOR TYPE

26.7.4 END-USER

26.8 NORTH AMERICA

26.8.1 PRODUCT

26.8.2 POWER SOURCE

26.8.3 APPLICATOR TYPE

26.9 END-USER

26.9.1 END-USER

26.10 LATIN AMERICA

26.10.1 PRODUCT

26.10.2 POWER SOURCE

26.10.3 APPLICATOR TYPE

26.10.4 END-USER

26.11 MIDDLE EAST & AFRICA

26.11.1 PRODUCT

26.11.2 POWER SOURCE

26.11.3 APPLICATOR TYPE

26.11.4 END-USER

27 APPENDIX

27.1 ABBREVIATIONS

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