The paint knife market is gaining popularity due to its various application. The artist not only uses a paint knife to mix the paint but also, use to create stunning effects in the art which is not possible with a brush. As a result, the paint knife market is set to witness a steady rise during the forecast period.
What is Driving Demand for Paint Knife Market?
Painting knifes are economical, highly efficient and used for various applications. With the wide applications of the painting knife, it is gaining marketing popularity. Panter uses these knifes for building up a thick texture in the painting and also, it is easy to create a broken color effect with this knife.
Increasing the infrastructure development and construction activities drive the painting tools market including paint knife around the globe. The construction industry and the painters are the prominent buyer of paint knife in the coming years.
Furthermore, with the trend of urbanization and changing lifestyle, people are demanding more for visibly striking textures in the commercial and residential buildings, this also fuels the global market of paint knife during the forecast period.
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Factors that Likely to Augment Paint Knife Sales
The global paint knife market is increasing at a rapid pace. Many regional and domestic players are offering different types of paint knife at different rates due to the increase in the competition in the market.
Mass urbanization, economic and social development, mainly from developing economies are expected to boost up the paint knife market expansion. Also, it is very easy to clean a paint knife with a paper or cloth towel in a single wipe, that is why most canvas painters demanding a paint knife.
However, during the COVID-19 pandemic, the industry supply chain was standstill due to strict lockdown imposed by the government. This led to supply shortages and consumer demand unmet.
Nevertheless, e-commerce platforms have received considerable focus during this time. People are doing work from home and children are studying from home. They get time for their hobbies during the pandemic. People ordered painting products including paint knife through online supply channels. Paint knife sales have increased in line with this shifting trend.
The US and Canada Paint Knife Market Outlook
The US and Canada hold a significant market share of paint knife in the next ten years. People of the region mainly children uses this painting knife to paint the highlights on stones and rocks also, build up texture in the foreground to imitate the rocks, grass and other nature.
Furthermore, some American artists who make skilful use of the palette knife in their paintings are Ray Grimes, Krista Schumacher, Tibor Nagy, Brent Cotton etc. They show their talent on the social media platform which inspired other people to paint with knife. These are some factor that increases the sales of the painting knife in the region.
Europe Demand Outlook for Paint Knife Market
People of Europe mainly use paint knife in oil paint or acrylic paint for mixing the color or to transfer paint to a canvas. These knifes have a soft edge, so it is not damaged the canvas and paper sheet. Also, children artists can use such knifes easily.
Furthermore, the diverse shapes and sizes open up a range of opportunities to the artists for applying acrylic paint to the canvas, giving shape to the applied paint and mixing color on the knife.
Also, paint knifes with wooden handles are perfect for professional artists, art teachers, art students and creative hobbyists. These knifes are a great assortment for mixing, scumbling, scratching, spreading, murals, large paintings, theatre work. This application increases the sales of the product in the region.
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Who are the Key Manufacturers and Suppliers of Paint Knife Market?
Leading players of the paint knife are looking forward to mergers & acquisitions and strategic collaborations to increase customer base around the globe. Some of the leading manufacturers and suppliers of paint knife include
- RGM
- Liquitex
- Royal Talens
- Pen Store
- Honoson Inc
- U.S. Art Supply.
- Martin F. Weber Co.
- Thackery Handmade
- LLC.
- BLACK+DECKER Inc.
- Fiskars Group
- Anhui Sunshine Stationery Co.
- Ltd. and many others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Key Segments
By Application:
- Artist
- Art Student
- Art Lovers
- Other
By Price Range:
- Low (Under-US$8.99)
- Medium (US$10.93-US$17.99)
- High (US$20.55 & above)
By Distribution Channels:
- Direct Sales
- Specialty Stores
- Hypermarkets/ Supermarkets
- Online retailing
- Others
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