Brushing up: Funding for housebuilding is expected to support growth in the future

Contractors in the Painting industry operate across the construction sector, specialising in services such as surface preparation, general painting and industrial coating. Consequently, the industry’s performance is contingent on cyclical construction activity trends. In the years preceding the EU referendum, policy support for housebuilding supported demand, while improving economic conditions encouraged commercial clients to invest in building refurbishment, stimulating demand for painting services. However, low investor sentiment since has limited commercial market scope while income uncertainty has reversed the “do-it-for-me” trend that was prevalent until more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Government funding for housing construction should support growth over the next five years
  • Competition from online operators has restricted demand from retailers over the past five-year period
  • Demand for painting services in schools and the health sector is expected to support industry revenue
  • Industry Report - Industry Analysis Chapter

    The Painting industry’s revenue has fluctuated over the past five years. Demand for painting solutions is contingent on procyclical trends in the downstream construction and property markets, which are affected by fluctuations in the wider UK economy. Prolonged post-financial crisis austerity weighed on tender prices at the start of the period as high-value project opportunities remained relatively scarce. This and fixed-price legacy contracts caused revenue to dip in 2013-14. Subsequently, policy support for the housing market and increasing business confidence encouraged investment in new construction and home improvement, allowing revenue to grow in the years preceding the EU referendum. ...purchase to read more.

    Additional Insights for the Painting Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Painting Industry are

  • Having a good reputation
  • Maintenance of excellent customer relations
  • Ability to change which market the firm operates in
  • IBISWorld analysts also discuss how external factors such as Housing starts and Demand from commercial building construction in the Painting industry impact industry performance..

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    What's in this report

    What is the Painting Industry?

    Contractors in this industry apply paint and industrial coatings to the interior or exterior surfaces of buildings and structures. This includes work on new projects, renovations, maintenance and repairs to existing structures.

    Industry Products
  • General painting
  • Industrial coating
  • Specialist painting
  • Surface preparation
  • Industry Activities
  • General painting of buildings or other structures
  • Industrial and protective coating
  • Surface preparation such as industrial shot and high-pressure water blasting
  • Paint and graffiti removal
  • Application of stains and varnishes
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Housing starts
  • Demand from commercial building construction
  • Household expenditure on maintenance and repair
  • Consumer confidence index
  • Mortgage rate

  • Current Performance
  • Housebuilding activity
  • DIY threat
  • Commercial clients
  • Chart: Revenue Growth

  • Industry Outlook
  • Policy support
  • Infrastructure development
  • EU concerns
  • Table: Painting Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Painting Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Commercial Building Construction
  • Residential Building Construction
  • General Insurance

  • Key Selling Industries
  • Construction Supplies Wholesaling
  • Hardware, Plumbing & Heating Equipment Wholesaling
  • Paint, Coatings & Printing Ink Manufacturing

  • Products & Services
  • General painting
  • Industrial coating
  • Specialist painting
  • Surface preparation
  • Chart: Painting Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Residential
  • Commercial
  • Public non-residential
  • Civils
  • Industrial
  • Chart: Major Market Segmentation for the Painting Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Painting

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Painting Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Painting Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Painting Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A trend where consumers use specialist services to undertake household tasks (e.g. painting, cleaning, decorating).
  • Industrial Coatings
  • Paint products with protective properties that are mainly used for coating industrial items such as structural steel.
  • Tender Price
  • The amount a contractor offers to perform work.
  • Trompe L'oeil
  • An art technique that uses realistic imagery to create an optical illusion that the depicted object exists in three dimensions.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Painting market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Painting:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Painting market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Painting, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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