The global paint sprayer market is anticipated to grow at a significant CAGR of 5.5% during the forecast period. Rapid urbanization, a growing number of industrial units, and a growing trend of automobile renovation are expected to drive the growth of the paint sprayer market. The rising penetration of passenger cars is driving the sprayer demand from the automobile industry. Additionally, the trend of automobile renovation and custom paint patterns is on the rise and as a result, encouraging manufacturers to use personalized and easy-to-use paint sprayers for better delivery and correctness. Moreover, companies are developing and using advanced paint sprayers due to the growing demand for high-quality coating solutions to improve the aesthetic look of cars among consumers which is further projected to bolster the growth of paint sprayers in the market. For instance, in 2020, Toyota Motor Corporation (Toyota) developed a new type of paint atomizer (airless paint atomizer) that uses static electricity instead of air, to replace the conventional air paint atomizers used in the vehicle body painting process. This newly developed airless painter achieves over 95% coating efficiency from conventional efficiency of approximately 60 to 70%.
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The COVID-19 pandemic highly impacted the paint sprayer market due to the suspension of operations of major companies in the market. Disorder in global supply chains and trade barriers all over the world consequently impacted automobile, manufacturing, and construction industries which in turn affected the product application in these industries. However, post-pandemic, the industry has gained a lot of requirements and demand due to rapid urbanization and the growing requirement for wise use of the area present.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Paint Sprayer Market Report Segment
By Product type
- Conventional Sprayer
- Airless Sprayer
- HVLP Sprayer
- Others
By End-User
- Consumer
- Contractor
- Industrial
- Others
Global Paint Sprayer Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global paint sprayer market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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