As per the report titled ‘Asia Pacific Painting Tools Market Size, By Application, By Product, Industry Analysis Report, Country Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026’, available with Market Study Report, Asia Pacific painting tools market is expected to record a healthy growth rate through 2026.
 

Asia Pacific painting tools market is largely driven by growing investments in residential and industrial constructions. Moreover, increasing number of smart city projects, upsurge in demand for bio-based packaging due to developing customer consciousness regarding sustainability, along with inflowing foreign investments are the other rationales behind the industry expansion.
 

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Further, rise in renovation activities in established cities due to evolving customer preferences and lifestyle, and presence of a booming automotive industry are augmenting the demand for paints in the region.
 

Based on product terrain, Asia Pacific painting tools industry is split into brushers, scrapers, rollers, knives, spray guns, trays, masking tapes, and others. Of these, roller captured 25% market share in 2019 and will likely gain decent traction in the upcoming years. Ongoing innovation in rollers to improve product performance, coupled with growing customer inclination towards reusable tools with easy cleaning features are contributing to the segmental progression.
 

Asia Pacific painting tools market share from spray guns segment is growing at a rapid pace, creditable to increasing industrial uses of these products. For instance, in the automotive industry, they are highly utilized in high-volume painting for even coats and quality finish. Smooth finish, along with reduced paint use and operational costs are motivating the adoption of spray guns.
 

In term of application scope, Asia Pacific painting tools industry is fragmented into construction (residential, commercial, industrial), automotive, appliances, industrial machineries & equipment, furniture, and packaging. Among these, industrial machinery & equipment is projected to record 4% CAGR throughout the forecast timeframe. This can be ascribed to the use of paints for coating industrial equipment against corrosion.
 

As per the regional analysis, China, India, and Japan are the premier hubs for Asia Pacific painting tools market growth. India market is expected to register 5% CAGR through 2026, fueled by high concentration of manufacturing facilities and prominent real-estate & construction companies in the nation. Moreover, government policies to facilitates affordable housing, positive economic outlook, and burgeoning middle-class population are the other factors contributing to the industry growth in India.
 

Key players influencing Asia Pacific painting tools market trends are Hylite Brushware Co., rem Brush Factory, Maru-T Ohtsuka Corp., Jiangsu B-Line Tools Co., Ltd., Zhenjiang Jinxing Brush Products Co., Ltd., and Asian Paints Ltd. among others.