Paint Stores in the US
The Paint Stores industry painted over its dismal post recessionary performance during the past five years, spurred by steadily improving demand from key downstream markets including homebuilders and contractors engaged in renovation activity. Despite the economic recovery, several factors created challenges for the majority of industry operators over the period. Raw material costs for paint manufacturers exhibited extreme levels of volatility over the period. While producers were able to pass some price increases along to wholesalers and retailers, industry operators were forced to reduce profitability in some years. Industry retailers also faced intense price competition from big-box home improvement stores. IBISWorld forecasts slow yet steady growth for the industry in the five years to 2021. The industry is expected to benefit from the continued strengthening of the economy, as demand from key downstream construction and renovation markets continues to grow.
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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