Architectural Paint Market in the US by Market, Formulation, Substrate, End User and Distribution Channel

Recovering Construction Activity Drives Growth in Architectural Paint Market

Spray Painting a Building

US demand for architectural paint is forecast to rise 3.0% per year to 835 million gallons in 2020, valued at $11 billion. Gains will be driven by healthy increases in both residential and nonresidential building construction. The new residential paint market is expected to post the fastest growth through 2020 as new housing construction continues to recover from the 2007-2009 recession. The residential improvement and repair market will provide the majority of demand gains, though, as consumer spending power rises and homeowners undertake more home improvement projects.

Key Findings in the Architectural Paint Study:

Interior Water-Based Paints Offer Best Growth Opportunities

Interior water-based paints will offer the best growth opportunities going forward, as waterborne products’ easy cleanup and low odor are particularly well-suited for indoor applications. The growing popularity of green building certification programs, which emphasize improved indoor air quality, will boost demand for such low- and zero-VOC products.

Professional Use Continues to Outpace DIY Activity

Professionals remain the largest and fastest growing segment of architectural paint users due to an aging population, increases in dual income households, and rising consumer spending power. As the professional segment expands, company-owned stores, which specialize in supplying paint contractors, will experience above average growth in paint sales. Paint producers are also extending their product offerings and services for professionals in home centers, creating new avenues for growth among contractors.

Acquisition Remains Central Growth Strategy

Architectural paint producers will continue to consolidate to offset intense competition and market maturity. Sherwin-Williams’ pending acquisition of fellow market leader Valspar will transform paint distribution strategies in the US, combining Sherwin-Williams’ dominance of paint stores with Valspar’s strong position in home centers. Other significant acquisition activity includes Nippon Paint’s agreement to acquire Dunn-Edwards, affording the Japan-based global market leader access to the domestically dominated US architectural paint industry.

Study Coverage

This study presents historical demand data (2005, 2010, and 2015) and forecasts (2020) by market (residential and nonresidential building construction), product (interior and exterior paint, water- and solvent-based formulations, substrate-specific paint), end user (professional, DIY/consumer), and distribution channel (company-owned stores, home centers and mass merchants, independent distributors). The study also evaluates company market share and competitive analysis on key industry players including Masco, PPG Industries, Sherwin-Williams, and Valspar.

Back to Top

Purchase Architectural Paint Market in the US by Market, Formulation, Substrate, End User and Distribution Channel by the Section

  1. Architectural Paint Market in the US by Market, Formulation, Substrate, End User and Distribution Channel

    $4,900.00

    1. 1 EXECUTIVE SUMMARY

      $336.00

      1. Figure 1-1 | Key Trends in the US Market for Architectural Paint

    2. 2 OVERVIEW

      $2,211.00

      1. 2.1 Key Findings

        $82.00

        1. Figure 2-1 | Key Trends in the US Architectural Paint Market

      2. 2.2 Demand Outlook

        $126.00

        1. Table | Architectural Paint Supply & Demand, 2005 - 2020

        2. Figure 2-2 | Architectural Paint Growth to Slow Slightly in Both Volume & Value Terms Through 2020

      3. 2.3 Historical Market Trends

        $195.00

        1. Table | Architectural Paint Demand, 2005 - 2015

        2. Figure 2-3 | Building Construction Recovery Drives Architectural Paint Demand

      4. 2.4 Pricing Trends

        $290.00

        1. 2.4.1 Historical View

          $101.00

          1. Figure 2-4 | Average Architectural Paint Price Decreases Slightly in 2015 Due to Low Raw Material Costs

        2. 2.4.2 Outlook

          $188.00

          1. Table | Selected Architectural Paint Prices, 2005 – 2020

      5. 2.5 Raw Materials

        $216.00

        1. Table | Raw Material Demand in Architectural Paint, 2005 – 2020

        2. Figure 2-5 | Improved Latex Formulations to Increase Resin, Pigment, &Additive Use through 2020

      6. 2.6 Environmental & Regulatory Considerations

        $628.00

        1. 2.6.1 VOC Regulations

          $196.00

          1. Table | Recent Developments in VOC & Related Regulation

        2. 2.6.2 Green Building Certification

          $223.00

          1. Table | Cross-Section of Major Green Building Standards, Certifications, &Rating Systems

        3. 2.6.3 Life Cycle Assessment

          $133.00

          1. Figure 2-6 | Anticipated Effects of Conducting Life Cycle Assessments in the Architectural Paint Industry

      7. 2.7 US Foreign Trade

        $681.00

        1. Table | US Foreign Trade in Architectural Paint, 2005 – 2020

        2. 2.7.1 Imports

          $265.00

          1. Table | Architectural Paint Imports by Source, 2010-2015

          2. Figure 2-7 | Most US Architectural Paint Imports Sourced from Canada & Western Europe in 2015

        3. 2.7.2 Exports

          $282.00

          1. Table | Architectural Paint Exports by Destination, 2010-2015

          2. Figure 2-8 | Canada & Mexico Remained the Largest Architectural Paint Export Markets in 2015

    3. 3 MARKETS

      $1,438.00

      1. 3.1 Key Findings

        $82.00

        1. Figure 3-1 | US Architectural Paint Trends & Outlook by Market

      2. 3.2 Markets Outlook

        $234.00

        1. 3.2.1 Scope

          $82.00

        2. 3.2.2 Sales Forecast: Residential versus Nonresidential Markets

          $165.00

          1. Table | Architectural Paint Demand by Market, 2005 – 2020

          2. Figure 3-2 | Architectural Paint Markets Track Rebound in Building Activity

      3. 3.3 Residential Markets

        $926.00

        1. 3.3.1 Scope

          $82.00

        2. 3.3.2 Sales Forecast

          $321.00

          1. Table | Residential Building Construction Markets for Architectural Paint, 2005 – 2020

          2. Figure 3-3 | New Residential Paint Market to Outpace Improvement & Repair Market Through 2020

          3. Figure 3-4 | Interior Paint in the Residential Market to Offer Best Growth Opportunities Through 2020

        3. 3.3.3 New Residential Construction

          $337.00

          1. Table | New Residential Construction Markets for Architectural Paint, 2005 – 2020

          2. Figure 3-5 | Interior Paint Offers Best Growth Opportunities in New Residential Market through 2020

          3. Figure 3-6 | New Residential Paint Market to Remain Well Below 2006 Peak

        4. 3.3.4 Residential Improvement & Repair

          $232.00

          1. Table | Residential Improvement & Repair Markets for Architectural Paint, 2005 – 2020

          2. Figure 3-7 | Residential Improvement & Repair Market to Reach New Peak by 2020

      4. 3.4 Nonresidential Market

        $202.00

        1. Table | Nonresidential Building Construction Markets for Architectural Paint, 2005 – 2020

        2. Figure 3-8 | Nonresidential Paint Market Rebounds to 2008 Peak by 2020

    4. 4 PRODUCTS

      $2,561.00

      1. 4.1 Key Findings

        $82.00

        1. Figure 4-1 | US Architectural Paint Trends & Outlook by Product

      2. 4.2 Product Development Drivers

        $94.00

        1. Figure 4-2 | Functionality, Ease of Use, &Sustainability Characterize New Architectural Paint Products

      3. 4.3 Interior & Exterior Applications

        $1,132.00

        1. Table | Architectural Paint Demand by Application, 2005 – 2020

        2. 4.3.1 Interior

          $523.00

          1. Table | Interior Architectural Paint Demand, 2005 – 2020

          2. Table | Interior Architectural Paint Demand by Product, 2005 – 2020

          3. Table | Gloss & Semigloss vs. Flat Finish Paints: Key Applications & Advantages

          4. Table | Selected New Interior Paint Products

        3. 4.3.2 Exterior

          $492.00

          1. Table | Exterior Architectural Paint Demand, 2005 – 2020

          2. Table | Exterior Architectural Paint Demand by Product, 2005 – 2020

          3. Figure 4-3 | Trends in Siding Drive Exterior Paint Market

          4. Table | Selected New Exterior Paint Products

      4. 4.4 Paint Formulations

        $839.00

        1. Table | Architectural Paint Demand by Formulation, 2005 – 2020

        2. Figure 4-4 | Water-Based Paints Continue to Displace Solvent-Based Counterparts through 2025

        3. 4.4.1 Water-Based Paint

          $314.00

          1. Table | Water-Based Architectural Paint Demand, 2005 – 2020

          2. Figure 4-5 | Water-Based Interior Products Offer Best Growth Opportunities through 2020

          3. Table | Water-Based Architectural Paint Products: Advantages & Disadvantages by Application

        4. 4.4.2 Solvent-Based Paint

          $357.00

          1. Table | Solvent-Based Architectural Paint Demand, 2005 – 2020

          2. Figure 4-6 | Solvent-Based Products Lose Share More Rapidly in Exterior Applications Through 2020

          3. Table | Solvent-Based Architectural Paint Products: Advantages & Disadvantages by Application

      5. 4.5 Substrates

        $426.00

        1. Table | Architectural Paint Demand by Substrate, 2005 – 2020

        2. 4.5.1 Drywall & Plaster

          $82.00

        3. 4.5.2 Wood

          $82.00

        4. 4.5.3 Fiber Cement

          $82.00

          1. Figure 4-7 | Fiber Cement Continues to Outpace Wood through 2020

        5. 4.5.4 Metal

          $82.00

        6. 4.5.5 Other Substrates

          $82.00

    5. 5 END USERS & DISTRIBUTION CHANNELS

      $2,340.00

      1. 5.1 Key Findings

        $82.00

        1. Figure 5-1 | US Architectural Paint Trends & Outlook by End Users & Distribution Channels

      2. 5.2 End Users

        $1,060.00

        1. Table | Architectural Paint Demand by End User, 2005 – 2020

        2. Figure 5-2 | Professional End Use Regains Architectural Paint Share After the Recession

        3. 5.2.1 Professional

          $481.00

          1. Table | Professional Demand for Paint by Distribution Channel, 2005 – 2020

          2. Figure 5-3 | Company-Owned Stores Dominate Sales to Paint Contractors in 2015

          3. Table | Professional Demand for Paint by Market, 2005 – 2020

          4. Figure 5-4 | Professional Demand for Paint to Post Healthy but Slowing Growth Through 2020

        4. 5.2.2 DIY

          $412.00

          1. Table | DIY Demand for Architectural Paint by Distribution Channel, 2005 – 2020

          2. Figure 5-5 | Consumers Bought over Three-Fourths of their Paint from Home Centers & Mass Merchants in 2015

          3. Table | DIY Demand for Architectural Paint by Market, 2005 – 2020

          4. Figure 5-6 | Repainting Activity Buoys DIY Demand for Paint During the Recession

      3. 5.3 Distribution Channels

        $1,200.00

        1. 5.3.1 Scope

          $82.00

          1. Figure 5-7 | Architectural Paint Distribution Channels: Definitions & Examples

        2. 5.3.2 Sales Forecast by Channel

          $113.00

          1. Table | Architectural Paint Demand by Distribution Channel, 2005 – 2020

        3. 5.3.3 Company-Owned Stores

          $330.00

          1. Table | Company-Owned Store Sales by End User, 2005 – 2020

          2. Table | Approximate Number of Company-Owned Stores by Supplier, 2015

        4. 5.3.4 Home Centers & Mass Merchants

          $372.00

          1. Table | Home Center & Mass Merchant Sales by Channel & End User, 2005 – 2020

          2. Table | Selected Distribution Agreements with Home Centers & Mass Merchants

        5. 5.3.5 Independent Distributors & Other

          $348.00

          1. Table | Independent Distributor Sales by End User, 2005 – 2020

          2. Figure 5-8 | Brands Associated with Independent Distributors Lose Popularity Over Last Decade

    6. 6 INDUSTRY STRUCTURE

      $2,517.00

      1. 6.1 Key Findings & Industry Composition

        $302.00

        1. Table | US Architectural Paint Sales by Company, 2015

      2. 6.2 Market Share

        $617.00

        1. Figure 6-1 | US Architectural Paint Market Share, 2015

        2. 6.2.1 Sherwin-Williams

          $117.00

          1. Figure 6-2 | Architectural Paint Market Share: First Leader

        3. 6.2.2 PPG Industries

          $110.00

          1. Figure 6-3 | Architectural Paint Market Share: Second Leader

        4. 6.2.3 Masco

          $82.00

          1. Figure 6-4 | Architectural Paint Market Share: Third Leader

        5. 6.2.4 Valspar

          $109.00

          1. Figure 6-5 | Architectural Paint Market Share: Fourth Leader

        6. 6.2.5 Other Leading Suppliers

          $82.00

      3. 6.3 Competitive Strategies

        $948.00

        1. Table | Competitive Strategies

        2. 6.3.1 Acquisitions & Divestitures

          $154.00

          1. Table | Selected Acquisitions & Divestitures

        3. 6.3.2 Cooperative Agreements

          $198.00

          1. Table | Selected Cooperative Agreements

        4. 6.3.3 Marketing & Customer Service

          $422.00

          1. Table | Selected Marketing Strategies by Company

      4. 6.4 Research & Development

        $445.00

        1. 6.4.1 Natural & Bio-Based Paints

          $211.00

          1. Table | Emerging Bio-Based Raw Materials

        2. 6.4.2 Functional Paints

          $184.00

      5. 6.5 List of Industry Participants

        $204.00

    7. 7 APPENDIX

      $2,332.00

      1. 7.1 Scope

        $280.00

        1. 7.1.1 Market Segments

          $82.00

          1. Table | Study Scope: Architectural Paint Markets

        2. 7.1.2 Distribution Channels

          $82.00

          1. Table | Study Scope: Distribution Channels

        3. 7.1.3 NAICS Codes

          $82.00

          1. Table | Relevant NAICS Codes (2012)

      2. 7.2 Methodology

        $105.00

      3. 7.3 Sources

        $102.00

      4. 7.4 Associations & Agencies

        $82.00

      5. 7.5 Related Freedonia Group Studies

        $82.00

        1. 7.5.1 US Studies

          $82.00

        2. 7.5.2 Global Studies

          $82.00

      6. 7.6 Definitions

        $380.00

        1. 7.6.1 General

          $82.00

        2. 7.6.2 Environmental & Regulatory

          $82.00

        3. 7.6.3 Markets

          $147.00

        4. 7.6.4 Distribution Channels

          $82.00

        5. 7.6.5 Substrates

          $82.00

      7. 7.7 Abbreviations

        $106.00

        1. Table | Abbreviations & Acronyms Used in Study

      8. 7.8 Macroeconomic Data

        $1,228.00

        1. 7.8.1 Economic Outlook

          $130.00

          1. Table | Macroeconomic Indicators, 2005 – 2020

        2. 7.8.2 Demographic Trends

          $92.00

          1. Table | Population & Households, 2005 – 2020

        3. 7.8.3 Personal Income & Expenditure Outlook

          $137.00

          1. Table | Personal Income & Expenditures, 2005 – 2020

        4. 7.8.4 Building Construction

          $710.00

          1. Table | Building Construction Expenditures, 2005 – 2020

          2. Table | Residential Building Construction Expenditures, 2005 – 2020

          3. Table | New Housing Indicators

          4. Table | Housing Stock by Type

          5. Table | Residential Improvement & Repair Expenditures, 2005 – 2020

          6. Table | Nonresidential Building Construction Expenditures, 2005 – 2020

        5. 7.8.5 Siding Outlook

          $143.00

          1. Table | Siding Demand by Material

Back to Top