Paint Stores in the US - Industry Market Research Report

Paint Stores in the US - Industry Market Research Report

  • February 2018 •
  • 34 pages •
  • Report ID: 184456
Accent wall: Industry revenue will increase due to downstream construction growth

Abstract

Paint Stores in the US
Over the five years to 2018, the Paint Stores industry benefited from modest growth in its downstream industries, primarily in residential construction, which includes private spending on home improvements and new housing starts. Furthermore, growth in these markets has helped improve demand for professional and contract painters who, in turn, help drive demand for industry operators. Market concentration increased over the period, with Sherwin-Williams capturing the majority of industry demand. Integrated manufacturers and retailers of paint and paint supplies, such as Sherwin-Williams, benefit from much higher profit margins than independent paint stores with higher purchase costs. Over the next five years, revenue will continue to grow for the Paint Stores industry, albeit at a slower pace than the previous period.

This industry retails paint, wallpaper and other wall-related supplies. Products include stain, varnish, painting equipment and accessories that are used for interior and exterior surfaces. Operators purchase wall coverings from domestic and international manufacturers and wholesalers and then they retail them to the general public and contractors. This industry does not include home improvement stores, hardware stores and lumber and other building material dealers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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Country=UnitedStates Industry=PaintAndCoating ParentIndustry=HeavyIndustry Date=201802 Topic=Demand Publisher=Ibisworld Price=1000