As per MRFR Analysis, the Texture Paints Market was valued at USD 13.05 Billion in 2023 and is projected to grow to USD 18.88 Billion by 2032, with a CAGR of 6.4% from 2024 to 2032. Texture paints enhance the aesthetic and functional value of walls, filling cracks and concealing flaws. The market is driven by increased demand from both residential and non-residential sectors, particularly in the Asia Pacific region, which is expected to grow at the fastest rate. The market is segmented by product type, additives, substrate type, application, and region, with key players including Asian Paints, Nippon Paint Holdings, and PPG Industries.
The Texture Paints Market is witnessing significant growth driven by aesthetic and practical applications.
Asian Paints (India), Nippon Paint Holdings Co., Ltd. (Japan), Berger Paints India Limited (India), PPG Industries, Inc. (U.S.), The Sherwin-Williams Company (U.S.)
have the extra benefit of hiding uneven surfaces and protecting the wall from harm. As a result, the future of the texture paints industry is expected to be driven by the aesthetic and practical value of textured paints. A rise in architectural construction and industrial operations, as well as increased demand from the middle class. In addition, the increased use of texture paints in both residential and non-residential applications is likely to propel the market forward.
The global texture paints market is segmented by product type, additives, substrate type, application, and region.
On the basis of the product type, the global texture paints market is segmented into premixed texture paints, self-mixing paints, smooth textured paint, and others.
On the basis of the additives, the global texture market is segmented into sand, quartz, household items, and other texture additives.
On the basis of the substrate type, the global texture paints market is segmented into the interior (walls, ceilings, floorings) and exterior walls.
On the basis of the application, the global texture paints market is segmented into residential and non-residential.
Texture Paints Market Share in 2017, by Product Type
Source: MRFR Analysis
The global texture paints market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.
Asia Pacific dominated the global texture paint market in 2021 and is expected to grow at the fastest CAGR during the forecast period, 2021–2030. Growing economy of Asia Pacific countries is providing lucrative opportunities to the texture paints market for both residential and non-residential applications.
North America and Europe market are relatively mature and is expected to witness a steady demand for texture paints during the review period. Additionally, significant growth in renovation activities is contributing to the market growth.
The Middle East & Africa and Latin America are expected to exhibit rising demand of texture paints during the forecast period due to growing construction industry.
The prominent manufacturers in the texture paints market are
Recent Development
In Mar 2021, a well-known grey cement company JK Cement Ltd., announced its entry into the paint sector, adding yet another color to the texture paint industry's pallet. The company's board of directors authorized the company's plan to enter the paint business during a meeting this evening. JK Cement is expected to enter the paint business through a wholly-owned subsidiary. The board has also approved a five-year investment of Rs 600 crore in the paint sector. PPG Industries announced in February 2022 that it has reached an agreement to buy Arsonsisi, a Texture Paints company situated in Milan, Italy's powder coatings division.
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 13.05 Billion |
| Market Size 2024 | USD 13.63 Billion |
| Market Size 2032 | USD 18.88 Billion |
| CAGR | 6.4% (2024 – 2032) |
| Base Year | 2023 |
| Forecast Period | 2024 to 2032 |
| Historical Data | 2019 & 2020 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product Type, Additives, Substrate Type, Application |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Asian Paints (India), Nippon Paint Holdings Co., Ltd. (Japan), Berger Paints India Limited (India), PPG Industries, Inc. (U.S.), The Sherwin-Williams Company (U.S.), Hempel A/S (Denmark), Kansai Paint Co., Ltd (Japan), Jotun A/S (Norway), Axalta Coating Systems Ltd. (U.S.), The Valspar Corporation. (U.S.), S K Kaken Co., Ltd. (Japan), Kelly-Moore Paints (U.S.), Haymes. (Australia), Anvil Paints & Coatings, Inc. (U.S.), Crown Paints (UK), and Specialized Coating Systems (Pty) Ltd (South Africa) |
| Key Market Opportunities | New product launches and R&D Amongst major key Players |
| Key Market Drivers | Increasing usage of texture paints to impart aesthetic and functional value |
Texture Paints Market Highlights:
Frequently Asked Questions (FAQ) :
Aesthetic appeal in houses is the primary driver of the global texture paints market.
High costs of texture paints can impede the global texture paints market growth.
The APAC region is assumed to dominate the global texture paints market due to developing economies in the region providing lucrative opportunities.
North America and Europe can display a steady growth rate in the global texture paints market due to renovation activities.
Kelly-Moore Paints, PPG Industries, Inc., Nippon Paint Holdings Co., Ltd., Jotun A/S, Kansai Paint Co., Ltd, Specialized Coating Systems (Pty) Ltd, Axalta Coating Systems Ltd., Haymes, The Valspar Corporation, Crown Paints, Hempel A/S, Berger Paints India Limited, S K Kaken Co., Ltd., Asian Paints, The Sherwin-Williams Company, and Anvil Paints & Coatings, Inc. are major players of the global texture paints market.
The size of Texture Paint Market was around USD 14.13 Billion by revenue, at the end of 2021 and is anticipated to grow at a CAGR of 7.97 % to reach close to USD 18.62 Billion by the end of 2030.
$18.62 Billion
7.97 %
Asia Pacific
2022-2030
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Research Analyst Level I In her 3 years of experience in the market research field, she has handled critical cross-domain projects. she has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.she holds an engineering degree and is an mba professional from a well-known university, capable of evaluating the market and competitive conditions. an exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. generated business through active client and project development, networking, and high-quality responses. her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.
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