Key Takeaways
- The U.S. painting contractors industry revenue reached $44.3 billion in 2023.
- Global paint and coatings market size was valued at $164.5 billion in 2022.
- U.S. painting industry expected to grow at 2.1% CAGR through 2028.
- U.S. painting industry employment totaled 450,000 workers in 2023.
- Painting contractors employed 12% more workers post-2020 recovery.
- Average painting contractor firm size is 4.5 employees in U.S.
- Average U.S. painting firm revenue per employee $120,000.
- Painting contractors profit margins averaged 6.1% in 2022.
- Top 10% of painting firms earn over $2 million annually.
- 55% of U.S. homeowners repaint every 5-7 years.
- 72% of consumers prefer eco-friendly paints.
- Average U.S. household spends $1,200 on painting annually.
- Painting industry uses 20% more water-based paints since 2015.
- 85% of U.S. paints now low-VOC compliant.
- EU VOC limits reduced emissions by 40% since 2010.
The global painting industry is large and steadily growing across all major regions.
Consumer Behavior
- 55% of U.S. homeowners repaint every 5-7 years.
- 72% of consumers prefer eco-friendly paints.
- Average U.S. household spends $1,200 on painting annually.
- 40% rise in demand for interior painting post-COVID.
- 65% of millennials choose low-VOC paints.
- Online painting quotes requested by 45% of consumers.
- Dark color paints popularity up 25% in 2023.
- 80% of homeowners prioritize durable paints.
- Rental property painting demand up 18%.
- 30% of consumers use apps for color matching.
- Exterior painting jobs average 20% of total demand.
- 52% prefer matte finishes over gloss.
- Gen Z drives 35% increase in bold accent walls.
- 67% influenced by social media for paint choices.
- Average repaint interval 6.2 years for interiors.
- 25% of consumers seek antimicrobial paints.
- Australia homeowners spend AUD 2,500 avg on painting.
- 60% choose neutral colors for resale value.
Consumer Behavior Interpretation
Employment & Workforce
- U.S. painting industry employment totaled 450,000 workers in 2023.
- Painting contractors employed 12% more workers post-2020 recovery.
- Average painting contractor firm size is 4.5 employees in U.S.
- 28% of U.S. painters are self-employed.
- Global painting workforce estimated at 5 million in 2022.
- Women represent 8.5% of U.S. painting industry workers.
- Hispanic workers make up 45% of U.S. painters.
- Average age of U.S. painters is 42 years old.
- 15% annual turnover rate in painting workforce.
- UK painting industry employs 250,000 people.
- India painting services sector has 2.5 million workers.
- 65% of U.S. painters have vocational training.
- Australia painting workforce grew 2.3% in 2023.
- U.S. painting industry average hourly wage $22.50 in 2023.
- 40% of painting jobs require apprenticeships.
- Canada painting employment at 45,000 in 2023.
Employment & Workforce Interpretation
Financial Performance
- Average U.S. painting firm revenue per employee $120,000.
- Painting contractors profit margins averaged 6.1% in 2022.
- Top 10% of painting firms earn over $2 million annually.
- Cost of goods sold 35% of painting revenue.
- U.S. residential painting average job value $3,500.
- Painting industry bad debt 1.8% of revenue.
- Average painting contractor EBITDA margin 8.2%.
- Commercial painting projects average $50,000 contract value.
- Paint material costs rose 12% in 2023 for contractors.
- U.S. painting industry payroll expenses 28% of revenue.
- Small painting firms (<5 employees) average $250k revenue.
- Insurance costs 4.5% of painting firm expenses.
- UK painting firms average turnover £150,000.
- India painting contractor margins at 15-20%.
- Equipment depreciation 2% of painting revenue.
Financial Performance Interpretation
Market Size & Growth
- The U.S. painting contractors industry revenue reached $44.3 billion in 2023.
- Global paint and coatings market size was valued at $164.5 billion in 2022.
- U.S. painting industry expected to grow at 2.1% CAGR through 2028.
- European paints market projected to reach €32 billion by 2025.
- Asia-Pacific paint market grew 5.8% annually from 2018-2023.
- U.S. residential painting segment accounts for 60% of industry revenue.
- Global decorative paints market size hit $110 billion in 2023.
- Painting services market in India valued at $5.2 billion in 2022.
- U.S. commercial painting revenue increased 3.4% in 2022.
- Latin America coatings market to grow at 4.5% CAGR to 2030.
- Canadian painting industry revenue at CAD 6.8 billion in 2023.
- Middle East paints market expected to reach $4.1 billion by 2027.
- U.S. painting contractors industry profit margin averaged 5.2% in 2023.
- China paint production capacity exceeded 10 million tons in 2022.
- Australian painting services market worth AUD 4.2 billion in 2023.
- Global industrial coatings market valued at $78.6 billion in 2023.
- UK painting and decorating market size £5.9 billion in 2022.
- Brazil paints market grew 6% year-over-year in 2023.
Market Size & Growth Interpretation
Regulations & Sustainability
- Painting industry uses 20% more water-based paints since 2015.
- 85% of U.S. paints now low-VOC compliant.
- EU VOC limits reduced emissions by 40% since 2010.
- 12 million gallons of paint waste recycled annually in U.S.
- California CARB regulations cover 90% of architectural paints.
- Global shift to zero-VOC paints up 15% yearly.
- Lead paint abatement required in 70% of pre-1978 homes.
- OSHA fall protection rules impact 25% of painting jobs.
- Sustainable paint sales grew 28% in 2022.
- UK Paintmakers Association enforces eco-labels on 80% products.
- 50% reduction in hazardous air pollutants from paints since 1990.
- Bio-based paints market share 5% but growing 10% CAGR.
- Australia banned high-VOC paints in 2023.
- 95% of industrial coatings now compliant with REACH.
- Painting firms report 18% energy savings with low-VOC.
Regulations & Sustainability Interpretation
Sources & References
- Reference 1IBISWORLDibisworld.comVisit source
- Reference 2GRANDVIEWRESEARCHgrandviewresearch.comVisit source
- Reference 3STATISTAstatista.comVisit source
- Reference 4MARKETSANDMARKETSmarketsandmarkets.comVisit source
- Reference 5PCAPAINTEDpcapainted.orgVisit source
- Reference 6FORTUNEBUSINESSINSIGHTSfortunebusinessinsights.comVisit source
- Reference 7KENRESEARCHkenresearch.comVisit source
- Reference 8COATINGSWORLDcoatingsworld.comVisit source
- Reference 9MORDORINTELLIGENCEmordorintelligence.comVisit source
- Reference 10CHINAPAINTSchinapaints.orgVisit source
- Reference 11IBISWORLDibisworld.com.auVisit source
- Reference 12ABRAFATIabrafati.com.brVisit source
- Reference 13BLSbls.govVisit source
- Reference 14ILOilo.orgVisit source
- Reference 15DATAdata.bls.govVisit source
- Reference 16CITAcita.org.ukVisit source
- Reference 17NAREDCOnaredco.inVisit source
- Reference 18DOLdol.govVisit source
- Reference 19ABSabs.gov.auVisit source
- Reference 20APPRENTICESHIPapprenticeship.govVisit source
- Reference 21STATCANstatcan.gc.caVisit source
- Reference 22HOMEADVISORhomeadvisor.comVisit source
- Reference 23DNBdnb.comVisit source
- Reference 24BIZMINERbizminer.comVisit source
- Reference 25CONSTRUCTIONDIVEconstructiondive.comVisit source
- Reference 26SBAsba.govVisit source
- Reference 27THEHARTFORDthehartford.comVisit source
- Reference 28FMBfmb.org.ukVisit source
- Reference 29GREENBUILDERMEDIAgreenbuildermedia.comVisit source
- Reference 30ZILLOWzillow.comVisit source
- Reference 31SHERWIN-WILLIAMSsherwin-williams.comVisit source
- Reference 32ANGIangi.comVisit source
- Reference 33BENJAMINMOOREbenjaminmoore.comVisit source
- Reference 34NPDnpd.comVisit source
- Reference 35PPGppg.comVisit source
- Reference 36DUNN-EDWARDSdunn-edwards.comVisit source
- Reference 37BEHRbehr.comVisit source
- Reference 38HOUZZhouzz.comVisit source
- Reference 39REMODELINGremodeling.hw.netVisit source
- Reference 40HIPAGEShipages.com.auVisit source
- Reference 41REALTORrealtor.comVisit source
- Reference 42EPAepa.govVisit source
- Reference 43ACHPachp.orgVisit source
- Reference 44ECec.europa.euVisit source
- Reference 45PAINTCAREpaintcare.orgVisit source
- Reference 46WW2ww2.arb.ca.govVisit source
- Reference 47PAINTpaint.orgVisit source
- Reference 48OSHAosha.govVisit source
- Reference 49GREENBIZgreenbiz.comVisit source
- Reference 50BRITISHCOATINGSbritishcoatings.org.ukVisit source
- Reference 51DCCEEWdcceew.gov.auVisit source
- Reference 52ECHAecha.europa.euVisit source
- Reference 53ENERGYenergy.govVisit source






