Market Overview:
The global interior wall paint market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for paints from residential and non-residential applications, and rising awareness about the benefits of using paints, such as durability and protection against weathering effects. The water-based segment is expected to dominate the global interior wall paint market during the forecast period, owing to its low VOC emissions and environmental friendliness. However, with stringent regulations being imposed on VOC emissions by various governments across regions, the oily segment is projected to grow at a higher CAGR than other segments during the forecast period.
Product Definition:
Interior wall paint is a type of paint that is used to cover the interior walls of a building. It serves several purposes, including protecting the wall from moisture and providing insulation.
Water-based:
Water-based, it’s usage and growth factor in the interior wall paint market is driven by rising demand for eco-friendly products. Waterborne paints are made up of water, binders, and solvents which reduce VOC emissions. Owing to this feature they are gaining popularity over oil or solvent-based paints.
Oily:
Oily is a water-based emulsion paint, which contains pigments and/or additives that are suspended in a carrier fluid. Oily paints contain an oil base or fat based carrier with some amount of solvents. The product has high solid content and low liquid content, which gives it the ability to go on thickly but still be able to take up moisture from the air for good adhesion.
Application Insights:
The residential application segment led the global interior wall paint market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Increasing urbanization, growing preference for single-family houses as opposed to multi-story apartments, and rising disposable income are expected to drive demand for paints with higher solids content in residential applications across the globe.
Increasing investments from governments as well as private companies in infrastructural development such as hospitals, schools and colleges are anticipated to augment product demand over the coming years. In addition, rapid industrialization coupled with population growth has resulted in an increased need for educational buildings which is further likely to propel product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing demand from residential as well as non-residential construction sectors. China, India, Japan, Australia and New Zealand are some of the prominent markets that contributed towards regional growth significantly.
The Middle East & Africa is projected to be one of the fastest-growing regions with a CAGR exceeding 5% during the forecast period owing to rising government initiatives for infrastructure development along with growing consumer disposable income levels in countries such as UAE and Saudi Arabia. Moreover, rapid urbanization coupled with increased spending on home interiors by consumers from oil economies including Iran and Qatar will drive product demand further over coming years.
Growth Factors:
- Rising disposable income of the population: The growth in the disposable income of the population is one of the key drivers for the interior wall paint market. This is because with an increase in disposable income, there is a rise in demand for better quality and more expensive products, including interior wall paints.
- Urbanization and growing construction industry: The increasing urbanization and growth in the construction industry are also some of the key drivers for this market. This is because as more people move to cities, there is a greater demand for housing, which leads to an increase in demand for interior wall paints. Additionally, as countries develop their infrastructure, there is a greater need for new buildings and homes, which again leads to an increase in demand for interior wall paints.
- Rising awareness about environment-friendly products: There has been a rising awareness among consumers about environment-friendly or green products over recent years. This has led to an increased demand for eco-friendly or low VOC (Volatile Organic Compounds) Interior Wall Paints from consumers globally .This trend is expected to continue over future years as well , thereby driving growth prospectsfor this market . 4 Emerging markets offer potential opportunities: A large number of emerging markets such as China , India , Brazil etc offer potential opportunitiesfor players operating intheinteriorwallpaintmarket . These markets are witnessing rapid economic developmentand rising consumer spending levels ,which are resultingin highergrowth ratesfortheinteriorwallp
Scope Of The Report
Report Attributes
Report Details
Report Title
Interior Wall Paint Market Research Report
By Type
Water-based, Oily, Dry Powder
By Application
Residential, Non-Residential
By Companies
AkzoNobel, PPG, Sherwin Williams, Nippon Paint Holdings, RPM, Axalta, BASF, Kansai Paint, AsianPaints, BEHR, Dongfang Yuhong, Jotun, Xiangjiang Paint
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Interior Wall Paint Market Report Segments:
The global Interior Wall Paint market is segmented on the basis of:
Types
Water-based, Oily, Dry Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Non-Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AkzoNobel
- PPG
- Sherwin Williams
- Nippon Paint Holdings
- RPM
- Axalta
- BASF
- Kansai Paint
- AsianPaints
- BEHR
- Dongfang Yuhong
- Jotun
- Xiangjiang Paint
Highlights of The Interior Wall Paint Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Water-based
- Oily
- Dry Powder
- By Application:
- Residential
- Non-Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Interior Wall Paint Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Interior wall paint is a type of paint that is used to cover the interior walls of a room. It is typically used in places where there are high levels of humidity or moisture, such as bathrooms or kitchens. Interior wall paint can be made from a variety of materials, including latex, oil-based paints, and water-based paints.
Some of the major companies in the interior wall paint market are AkzoNobel, PPG, Sherwin Williams, Nippon Paint Holdings, RPM, Axalta, BASF, Kansai Paint, AsianPaints, BEHR, Dongfang Yuhong, Jotun, Xiangjiang Paint.
The interior wall paint market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Interior Wall Paint Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Interior Wall Paint Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Interior Wall Paint Market - Supply Chain
4.5. Global Interior Wall Paint Market Forecast
4.5.1. Interior Wall Paint Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Interior Wall Paint Market Size (000 Units) and Y-o-Y Growth
4.5.3. Interior Wall Paint Market Absolute $ Opportunity
5. Global Interior Wall Paint Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Interior Wall Paint Market Size and Volume Forecast by Type
5.3.1. Water-based
5.3.2. Oily
5.3.3. Dry Powder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Interior Wall Paint Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Interior Wall Paint Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Non-Residential
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Interior Wall Paint Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Interior Wall Paint Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Interior Wall Paint Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Interior Wall Paint Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Interior Wall Paint Demand Share Forecast, 2019-2026
9. North America Interior Wall Paint Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Interior Wall Paint Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Interior Wall Paint Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Non-Residential
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Interior Wall Paint Market Size and Volume Forecast by Type
9.7.1. Water-based
9.7.2. Oily
9.7.3. Dry Powder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Interior Wall Paint Demand Share Forecast, 2019-2026
10. Latin America Interior Wall Paint Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Interior Wall Paint Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Interior Wall Paint Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Non-Residential
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Interior Wall Paint Market Size and Volume Forecast by Type
10.7.1. Water-based
10.7.2. Oily
10.7.3. Dry Powder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Interior Wall Paint Demand Share Forecast, 2019-2026
11. Europe Interior Wall Paint Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Interior Wall Paint Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Interior Wall Paint Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Non-Residential
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Interior Wall Paint Market Size and Volume Forecast by Type
11.7.1. Water-based
11.7.2. Oily
11.7.3. Dry Powder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Atractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Interior Wall Paint Demand Share, 2019-2026
12. Asia Pacific Interior Wall Paint Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Interior Wall Paint Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Interior Wall Paint Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Non-Residential
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Interior Wall Paint Market Size and Volume Forecast by Type
12.7.1. Water-based
12.7.2. Oily
12.7.3. Dry Powder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Interior Wall Paint Demand Share, 2019-2026
13. Middle East & Africa Interior Wall Paint Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Interior Wall Paint Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Interior Wall Paint Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Non-Residential
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Interior Wall Paint Market Size and Volume Forecast by Type
13.7.1. Water-based
13.7.2. Oily
13.7.3. Dry Powder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Interior Wall Paint Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Interior Wall Paint Market: Market Share Analysis
14.2. Interior Wall Paint Distributors and Customers
14.3. Interior Wall Paint Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AkzoNobel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PPG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sherwin Williams
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nippon Paint Holdings
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. RPM
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Axalta
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BASF
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kansai Paint
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AsianPaints
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. BEHR
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dongfang Yuhong
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jotun
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Xiangjiang Paint
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
