The art paint market is anticipated to grow at a CAGR of 4.5% during the forecast period (2022-2028). The art paints are used to make different types of paintings. The market’s expansion can be attributed to the rising demand for art and craft products in emerging economies, which are experiencing higher levels of disposable income. The rising popularity of painting as a hobby among individuals of all ages is also propelling this industry forward during the forecast period.
The global art paint market is segmented based on the type and application. Based on the type, the market is sub-segmented into oil paints, acrylic paints, glass paints, watercolour paints, and others. Based on the application, the market is sub-segmented into the art industry, craft and hobby, picture framing, and others. Among these segments, the acrylic paints segment is expected to hold a considerable share in the market due to the increasing usage and demand for acrylic paints for paintings globally. Acrylic paints resist fading in direct sunlight and have improved adhesion and thermoplastic qualities. As a result, real estate firms are using acrylic paints to set themselves apart in the competitive real estate industry. Thus, contractors will continue to purchase acrylic paint in greater quantities which is expected to propel the market growth during the forecast period.
The major market players in the global art paint market are Gamblin Artists Colors, Colart International Holdings Ltd., Folkart, Golden Artists Colors Inc., Liquitex, Sennelier, M. Graham & Co., Daler-Rowney Ltd., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in August 2020, Camel launched Fluid Acrylic Colors, a range of three kits including ready-to-pour colours that may be used to create amazing Fluid Art. While drawing or painting might make people nervous about the outcome and discourage them from attempting, the Fluid Acrylic Colors kit allows both beginners and experts to express their artistic side.
Moreover, in collaboration with BC Web Wise, Kokuyo Camlin developed a new campaign called #IamAnArtist. The campaign has a good combination of introduction films and material that features actual individuals and their Fluid Art paintings.
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Competitive Landscape-
Gamblin Artists Colors, Colart International Holdings Ltd., Folkart, Golden Artists Colors Inc., Liquitex, Sennelier, M. Graham & Co., Daler-Rowney Ltd., among others.
By Type
Oil Paints
Acrylics Paints
Glass Paints
Watercolor
Others
By Application
Art Industry
Craft and Hobby
Picture Framing
Others
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Scope of the Report
The research study analyzes the Global Art Paint industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Art Paint Market Report
1. What was the Global Art Paint Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Art Paint Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Art Paint Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Art Paint market.
- The market share of the Global Art Paint market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Art Paint market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Art Paint market.
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