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What are the Recent Developments in the Painting Tools and Accessories Market in North America?
The U.S. Painting Tools and Accessories market size is expected to grow from USD million in 2021 to USD million by 2032, at a Compound Annual Growth Rate (CAGR) of 5.13% during 2024-2032.
The market is driven by the increasing number of infrastructure projects, which is boosting demand for painting tools and accessories. Additionally, the growth momentum is expected to accelerate at a CAGR of 6.19% from 2022 to 2026.
The market is fragmented, with various vendors such as A Richard Co., Allway Tools Inc., Asian Paints Ltd., and others competing in the market. North America is a significant contributor to the market, with the APAC region expected to have the highest market contribution at 29%
The leading companies in the market include A Richard Co., Allway Tools Inc., Asian Paints Ltd., Bennett, Braun Brush Co., Decor India, Dura Paints Pty Ltd., FF GROUP TOOL INDUSTRIES, Gordon Brush Mfg. Co. Inc., J Wagner GMBH, Kayra E Commerce Pvt Ltd., Kwick Clean and Green Ltd., LARY Paint Tools Manufactory Ltd., MAAN, Nespoli Group Spa, Technochem Industries, The Mill Rose Co., The Sherwin-Williams Co., and Warner Manufacturing Co.
These developments highlight the significant growth prospects and competitive landscape of the Painting Tools and Accessories Market in North America.
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