Over the past five years, the steady recovery and the subsequent expansion in the housing market has significantly increased demand for industry services, as the residential market accounts for half of industry revenue. As key downstream construction markets gained momentum, activity in the Painters industry also increased. Moving forward, a healthy expansion in the housing market, along with increased spending on home improvements, will continue to drive steady growth for the industry. In addition, overall economic growth will also help the commercial construction and industrial markets regain strength, boosting the need for painters in retail and office buildings.
This industry includes establishments primarily engaged in interior or exterior painting, as well as interior wall covering. The painting and wall-covering work performed includes new work, additions, alterations, maintenance and repairs. Establishments in this industry perform activities ranging from bridge and ship painting to paint and wall-covering removal.
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.