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%.

Impact of COVID-19 Pandemic on Global Paint Sprayer Market

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.

Segmental Outlook 

The global paint sprayer market is segmented based on product type and end-user. Based on the product type, the market is segmented into conventional sprayers, airless sprayers, HVLP sprayers, and others. Further, based on end-user, the market is sub-segmented into consumer, contractor, industrial, and others. Among the end-user segment, the consumer sub-segment is expected to cater to considerable growth over the forecast period, due to the rising trend of DIY (Do It Yourself) activities globally.

Global Paint Sprayer Market Share by End-User, 2021 (%)

The Consumer Sub-Segment is Anticipated to Hold Prominent Share in the Global Paint Sprayer Market

The growth of the consumer sub-segment in the paint sprayer market is attributed to the rising trend of DIY (Do-It-Yourself) activities globally. Additionally, due to the increasing portability and advances, paint sprayers are gaining more traction among homeowners for tackling home projects such as doors, trim, furniture, interior walls, ceilings, decks, and fences. By using paint sprayers, the DIY projects can be completed in half the time it would take using brushes and rollers. Key players in the market are seizing the opportunity by introducing products with features outside of traditional paint methods to serve the demand from DIY home improvement projects. For instance, in April 2022, the GLIDDEN paint brand by PPG launched GLIDDEN MAX FLEX spray paint. The spray paint is an interior/exterior paint featuring an innovative lacquer-based formula and unique spray pattern that provides a high-coverage, ultra-durable coating on a wide range of surfaces. With a five-minute dry time, Glidden Max Flex spray paint offers DIYers a smooth finish and feel of the coated item. 

Regional Outlooks

The global paint sprayer market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the Asia-pacific market is expected to cater to prominent growth over the forecast period, however, the European region is anticipated to grow at a significant CAGR. 

Global Paint Sprayer Market Growth, by Region 2022-2028

The Asia-Pacific Region is Expected to Hold a Prominent Share in the Global Paint Sprayer Market

The Asia–Pacific region is expected to hold a prominent share in the global paint sprayer market owing to growing infrastructural advancements in developing countries such as China, India, Indonesia, and Thailand is expected to show significant growth in the paint spraying market. The upsurge in residential project investments and rising government spending on infrastructure projects in this region will also positively impact the industry and present high potential growth opportunities for the Asia-Pacific paint sprayer market.

Market Players Outlook

The major companies serving the global paint sprayer market include Akzo Nobel N.V., Fuji Industrial Spray Equipment Ltd., Graco Inc., PPG Industries, Inc. SATA GmbH & Co. KG, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2020, Dulux Academy increased its training facilities with the launch of a new, purpose-built spray theatre at its flagship site in Slough. Access to the extensive range of Graco spray machines, accessories, and sundries enables decorators of Dulux Academy courses to provide more in-depth theory and practical sessions using the latest Graco equipment.

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.