Emerging Trends to Drive Texture Paint Market Growth at 5.8% CAGR Through 2029

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Texture Paint Market Size Growth Forecast: What to Expect by 2025?
In recent times, the texture paint market has seen significant growth. The market is projected to expand from $12.98 billion in 2024 to $13.78 billion in 2025, at a compound annual growth rate (CAGR) of 6.2%. Factors that contributed to the growth during the historic period include the boom in urban population, growth in infrastructure developments, expansion in residential and commercial construction, increasing popularity of unique and personalized interior designs, harsher regulations on volatile organic compound (VOC) emissions, and a growing knowledge and awareness of interior design.

How Will the Texture Paint Market Size Evolve and Grow by 2029?
In the coming years, the texture paint market size is poised for strong growth, reaching $17.28 billion by 2029 with an annual compound growth rate (CAGR) of 5.8%. The reasons for growth during this forecast period include an increase in consumer spending, rising environmental awareness, preference for sustainable products among consumers, a rise in demand for high-end customization, as well as evolving trends and preferences in interior design. The forecast period will also see a number of key trends such as improvements in formulation technology, the use of eco-friendly formulations, innovative techniques in paint application, the digital transformation of design processes, and inclusion of intelligent features in texture paints.

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What Drivers Are Propelling the Growth of Texture Paint Market Forward?
The texture paint market is predicted to experience a surge due to an increase in spending on home decoration. Home decoration involves the enhancement and adornment of a living space's interior, incorporating various design elements such as furniture, colors, accessories, and arrangement to create a customized and appealing atmosphere. There is a rise in home decoration expenditure, attributable to the growing interest in interior design and aesthetics, cost-effective decorating options, and the desire for a personalized and comfortable atmosphere in residences. Textured paint used in these decorations augments the attractiveness of the living spaces while ensuring their sustainability and easy care, thus rationalizing expenditure on both design and long-term maintenance. For instance, the Joint Center for Housing Studies of Harvard University, an alternate research center and think tank in the US, has reported that the national spending on renovation and restoration repairs on owner-occupied residences attained a worth of $485 billion in 2023, marking a 2.6% increase since 2022. Consequently, rising expenditure on home decoration is propelling the texture paint market.

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Which Emerging Trends Are Transforming the Texture Paint Market in 2025?
The focus of prominent players in the texture paint market is towards innovating advanced formulation techniques tailored to deliver superior colouring solutions. Advanced formulation techniques involve incorporating specialized factors and techniques to boost the efficacy and usage of texture paints. For instance, DAP Global Inc., a firm based in the US specializing in home repair and construction products, rolled out a new line of spray texture paint in July 2023, featuring a 2in1 wall and ceiling for orange peel, knockdown, and popcorn textures. This product boasts of a patent-pending dispensing system which ensures a uniform, broad spray pattern due to its ability to adjust and maintain a consistent flow. The state-of-the-art Aim tech technology offers a 60-degree adjustable nozzle angle, ensuring versatility in vertical, overhead, and challenging-to-reach locations. The product provides choice in terms of texture levels-fine, medium, heavy-with a lock mechanism for safe transport and storage. The product line utilizes cutting-edge formulation techniques, with water-based formulas being ready to paint in 30 minutes, and the oil-based Orange Peel formula being paint-ready in as little as five minutes.

What Are the Key Segments in the Texture Paint Market?
The texture paint market covered in this report is segmented -

1) By Product Type: Interior, Exterior, Other Product Type
2) By Technology: Water-Based Technology, Solvent-Based Technology
3) By Application: Residential, Non-Residential, Industrial

Subsegments:
1) By Interior: Wall Texture Paint, Ceiling Texture Paint, Decorative Texture Paint
2) By Exterior: Weather-Resistant Texture Paint, Exterior Wall Texture Paint
3) By Other Product Type: Spray Texture Paint, Roller Texture Paint

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Who Are the Key Players Shaping the Texture Paint Market's Competitive Landscape?
Major companies operating in the texture paint market are Sherwin-Williams Company, PPG Industries, Sika AG, Akzo Nobel N.V., Wacker Chemie AG, Nippon Paint Holdings Co. Ltd., RPM International Inc., Axalta Coating Systems, Mapei Corporation, Kansai Paint Co. Ltd., Asian Paints Limited, Jotun A/S, Hempel A/S, Behr Process Corporation, Berger Paints India Limited, Dunn-Edwards Corporation, National Paints Factories Co. Ltd., Kelly-Moore Paints, Diamond Vogel, Crown Paints Ltd., Tnemec Company Inc., Al-Jazeera Factory For Paints Co., BEHRINGER Spezialtiefbau GmbH, Jenson And Nicholson Paints Private Limited, Andura Coatings DGH Manufacturing Ltd.

What Geographic Markets Are Powering Growth in the Texture Paint Market?
Asia-Pacific was the largest region in the texture paint market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the texture paint market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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