Over the past five years, paint stores faced weak demand as fewer consumers invested in home improvements. In the next five years, the industry will face competition from home improvement stores, which offer convenience, lower prices and one-stop shopping to consumers. Nevertheless, the recovering housing market and revived remodeling sentiment will benefit revenue over the next five years.
This industry retails paint, wallpaper and other wall-related supplies. Products include stain, varnish, painting equipment and accessories that are used for interior and exterior surfaces. Firms purchase wall coverings from domestic and international manufacturers and wholesalers and then they retail them to the general public and contractors. This industry does not include home improvement stores, hardware stores and lumber and other building material dealers.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.