Wonder

Log in

Research Outline

Prepared for Caitlin S. | Delivered July 31, 2020

Paint Manufacturers

Goals

The goal is to learn more about the professional painting industry by looking at top paint supply manufacturers and their market shares. This will aid in building a tool that accurately prices painting jobs by asking customers a series of questions and connects them with a professional.

Early Findings

  • The global paint and coatings market size is expected to reach $236.1 billion by 2026, growing at a CAGR of 6.2%.
  • The professional paint market size is approximately $8 billion.
  • Sherwin-Williams has a market share of approximately 12%.
  • PPG Industries has a market share of approximately 11%.
  • Behr has a 30% share of the paint and coatings market and a 6% share of the professional painting market.
  • Additional top companies in the paint and coatings market include Nippon Paint Holdings, BASF, and Axalta Coating Systems.
  • The market size of professional painters in the US is about $37 billion.

Summary

We were unable to find much information regarding professional paint. There were plenty of statistics available regarding the paint and coatings industry in general, as well as painting contractors (i.e. individuals or painting companies), but not much for paint companies such as Behr that also do professional work.