Painting & Wall Covering Contractors Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 8/22/2022
SIC Codes: 1721
NAICS Codes: 238320
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
View Full Sample Add To Cart

Excerpt from Painting & Wall Covering Contractors Industry Profile

Companies in this industry paint interiors and exteriors of buildings and other structures and apply coverings to interior walls of residential and commercial buildings. No major companies dominate the industry.

The global wall covering market is forecast to reach about $40 billion by 2026 at a compound annual growth rate (CAGR) of 4.99% during the period of 2021-2026, according to Mordor Intelligence

The US painting and wall covering contractors industry includes about 35,000 establishments (single-location firms and units of multi-location firms) with combined annual revenue of about $25 billion.

COMPETITIVE LANDSCAPE

Building construction, renovation, and maintenance drive demand. The profitability of individual companies depends on the efficiency of operations. Large companies can have advantages in efficiency by working multiple projects concurrently. Small companies can compete effectively by specializing in unusual or difficult applications, and providing superior customer service. The US industry is highly fragmented; the 50 largest firms account for over 10%.

PRODUCTS, OPERATIONS & TECHNOLOGY

Job specific metrics measure the number of rooms or the square footage of the project, such as a seven-room commercial space, or a 2,000-square-foot home. A common annual metric is the total number of workweeks deployed on jobs. The major services offered are painting the interiors and exteriors of buildings, or structures such as bridges and ships, as well as installing or removing wallpaper or other wall coverings. Other services include wall surface preparation and repair.

Painters use brushes, rollers, and/or sprayers ...

 
View Full Sample Add To Cart Return to the Industry Profile Menu

Related Profiles

Here are a few profiles related to Painting & Wall Covering Contractors that you also might be interested in viewing:

Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?

Learn More About Subscription Options