Painters in the US - Market Research Report (2014-2029)

Fresh coat: Growth in nonresidential construction is expected to aid industry recovery

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

The Painting industry has fared relatively well in the past few years, painting over the stain of COVID-19 and housing market fluctuations. When the economy fell apart in 2020, painting stood as one of the few in-person jobs without massive layoffs, owing to the industry's liberal use of personal protective equipment, respirators and ventilated workspaces. Construction crews experiencing similar conditions kept working as soon as restrictions allowed, cutting into a significant shortfall in residential properties and demanding paint services. Overall, housing demand proved enough to hold painting revenue to a 0.3% annual decline from 2018 to 2023, when painting's aggregate value will reach $40.2 billion.

The Painters industry includes operators primarily engaged in interior or exterior painting and interior wall covering. The painting and wall covering work performed includes new work, additions, alterations, maintenance and repairs. Enterprises in this industry perform activities ranging from bridge and ship painting to removing paint and wall coverings.