Paint, Distemper, Varnish Or Similar Brush, Paint Pad And Roller Market

The article discusses the increasing demand for paint-related products such as brushes, pads, and rollers on a global scale. Market performance is projected to show modest growth in volume and value over the period from 2022 to 2030. Consumption patterns, production volumes, import and export trends are analyzed, with key countries like China, the United States, and Germany highlighted for their market share and growth rates. The average import and export prices for these products are also examined, showing fluctuations over the years.

Market Forecast

Driven by increasing demand for paint, distemper, varnish or similar brushes, paint pads and rollers worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.9% for the period from 2022 to 2030, which is projected to bring the market volume to 5.3B units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.4% for the period from 2022 to 2030, which is projected to bring the market value to $3.7B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Global consumption of paint, distemper, varnish or similar brushes, paint pads and rollers amounted to 4.9B units in 2022, increasing by 2.6% against 2021. The total consumption volume increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Global consumption peaked at 4.9B units in 2020; afterwards, it flattened through to 2022.

The value of the market for paint, distemper, varnish or similar brushes, paint pads and rollers worldwide expanded modestly to $2.8B in 2022, increasing by 1.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, the global market hit record highs at $2.9B in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (1.3B units), the United States (918M units) and Russia (212M units), together accounting for 50% of global consumption.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +5.1%), while rollers for the other global leaders experienced more modest paces of growth.

In value terms, China ($497M), the United States ($285M) and Turkey ($222M) constituted the countries with the highest levels of market value in 2022, with a combined 36% share of the global market.

Among the main consuming countries, Turkey, with a CAGR of +14.0%, saw the highest growth rate of market size over the period under review, while rollers for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of paint, distemper, varnish or similar brush, paint pad and roller per capita consumption in 2022 were the United States (2.7 units per person), Saudi Arabia (2.1 units per person) and Canada (2 units per person).

From 2012 to 2022, the most notable rate of growth in terms of rollers, amongst the key consuming countries, was attained by China (with a CAGR of +4.6%), while rollers for the other global leaders experienced more modest paces of growth.

Production

World Production of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

In 2022, production of paint, distemper, varnish or similar brushes, paint pads and rollers decreased by -0.8% to 5.5B units, falling for the second year in a row after three years of growth. The total output volume increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by 32% against the previous year. Over the period under review, global production of attained the maximum volume at 5.7B units in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers shrank slightly to $5.1B in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 22%. As a result, production attained the peak level of $5.8B. From 2015 to 2022, global production of growth failed to regain momentum.

Production By Country

The country with the largest volume of production of paint, distemper, varnish or similar brushes, paint pads and rollers was China (3.4B units), comprising approx. 61% of total volume. Moreover, production of paint, distemper, varnish or similar brushes, paint pads and rollers in China exceeded the figures recorded by the second-largest producer, the United States (451M units), sevenfold. Indonesia (202M units) ranked third in terms of total production with a 3.7% share.

In China, production of paint, distemper, varnish or similar brushes, paint pads and rollers increased at an average annual rate of +3.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United States (-0.5% per year) and Indonesia (+1.2% per year).

Imports

World Imports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

In 2022, after two years of growth, there was significant decline in overseas purchases of paint, distemper, varnish or similar brushes, paint pads and rollers, when their volume decreased by -14.2% to 2B units. The total import volume increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of 2.4B units, and then declined in the following year.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers shrank to $1.1B in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of $1.3B, and then dropped in the following year.

Imports By Country

In 2022, the United States (474M units) represented the major importer of paint, distemper, varnish or similar brushes, paint pads and rollers, mixing up 23% of total imports. It was distantly followed by Germany (134M units), Russia (102M units) and Mexico (100M units), together committing a 17% share of total imports. The UK (72M units), the Netherlands (66M units), France (62M units), Canada (42M units), Poland (41M units), Japan (41M units), Thailand (40M units), Spain (37M units) and Australia (36M units) held a little share of total imports.

Imports into the United States increased at an average annual rate of +2.1% from 2012 to 2022. At the same time, Spain (+4.9%), Mexico (+4.7%), Germany (+2.9%), Australia (+2.5%), the Netherlands (+2.3%), France (+2.1%), Poland (+1.6%) and Japan (+1.2%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the world, with a CAGR of +4.9% from 2012-2022. Thailand and Russia experienced a relatively flat trend pattern. By contrast, Canada (-1.5%) and the UK (-1.6%) illustrated a downward trend over the same period. While the share of the UK (-1.6 p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest paint, distemper, varnish or similar brush, paint pad and roller importing markets worldwide were the United States ($147M), Germany ($94M) and the UK ($75M), with a combined 28% share of global imports. The Netherlands, France, Mexico, Australia, Russia, Japan, Canada, Poland, Spain and Thailand lagged somewhat behind, together accounting for a further 28%.

Among the main importing countries, Australia, with a CAGR of +5.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average import price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $0.5 per unit in 2022, approximately reflecting the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 8.1%. As a result, import price attained the peak level of $0.6 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the UK ($1 per unit), while Thailand ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.0%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

In 2022, after five years of growth, there was significant decline in overseas shipments of paint, distemper, varnish or similar brushes, paint pads and rollers, when their volume decreased by -16.1% to 2.6B units. In general, total exports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 39%. Over the period under review, the global exports of reached the maximum at 3.1B units in 2021, and then declined significantly in the following year.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers contracted to $1.2B in 2022. The total export value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year. Over the period under review, the global exports of reached the maximum at $1.3B in 2021, and then declined in the following year.

Exports By Country

China prevails in rollers structure, resulting at 2B units, which was approx. 79% of total exports in 2022. It was distantly followed by the Czech Republic (128M units), comprising a 4.9% share of total exports. The following exporters - Germany (70M units) and the Netherlands (46M units) - together made up 4.5% of total exports.

Exports from China increased at an average annual rate of +2.7% from 2012 to 2022. At the same time, the Netherlands (+16.6%) and the Czech Republic (+4.0%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +16.6% from 2012-2022. By contrast, Germany (-3.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany decreased by -2.4 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($694M) remains the largest paint, distemper, varnish or similar brush, paint pad and roller supplier worldwide, comprising 60% of global exports. The second position in the ranking was taken by the Czech Republic ($67M), with a 5.8% share of global exports. It was followed by Germany, with a 5.5% share.

In China, exports of paint, distemper, varnish or similar brushes, paint pads and rollers expanded at an average annual rate of +2.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Czech Republic (+2.5% per year) and Germany (-2.6% per year).

Export Prices By Country

In 2022, the average export price for paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $0.4 per unit, rising by 4% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 30% against the previous year. The global export price peaked at $0.7 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($0.9 per unit), while China ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.1%), while the other global leaders experienced a decline in the export price figures.

Source: IndexBox Market Intelligence Platform