Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Painting Tools market in this environment.
In terms of revenue, this research report indicated that the global Painting Tools market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Painting Tools industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ????Gordon Brush aims at producing XX Painting Tools in 2020, with XX % production to take place in global market, ????Mill-Rose Company accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Painting Tools Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Painting Tools Market?
Gordon Brush
Mill-Rose Company
Braun Brush
Technochem Industries
Richard Tools
Purdy
PETA Decorating
Anderson Products
Milton Brushware
Asian Paints
MAAN
Allway Tools
Nespoli Group
Harbor Freight Tools
Dura Paints
...
Major Type of Painting Tools Covered in XYZResearch report:
Brushes
Rollers
Scrapers
Knives
Trays
Spray Gun
Masking Tapes
Application Segments Covered in XYZResearch Market
Construction
Automotive
Appliances
Furniture
Industrial Machineries & Equipment
Packaging
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Painting Tools Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Brushes -Product Introduction and Major Manufacturers
1.1.2 Rollers -Product Introduction and Major Manufacturers
1.1.3 Scrapers -Product Introduction and Major Manufacturers
1.1.4 Knives -Product Introduction and Major Manufacturers
1.1.5 Trays -Product Introduction and Major Manufacturers
1.1.6 Spray Gun -Product Introduction and Major Manufacturers
1.1.7 Masking Tapes -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Painting Tools Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Painting Tools Market
3.1.1 Top Companies leading Painting Tools Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Painting Tools Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Painting Tools Market
3.2.1 Top Companies leading Painting Tools Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Painting Tools Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Painting Tools Market
3.3.1 Top Companies leading Painting Tools Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Painting Tools Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Painting Tools Market
3.4.1 Top Companies leading Painting Tools Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Painting Tools Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Painting Tools Market
3.5.1 Top Companies leading Painting Tools Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Painting Tools Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Painting Tools Market
3.6.1 Top Companies leading Painting Tools Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Painting Tools Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Painting Tools Market
3.7.1 Top Companies leading Painting Tools Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Painting Tools Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Painting Tools Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Painting Tools Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Painting Tools Sales and Growth Rate (2021-2026)
5.2 Global Painting Tools Sales Value and Growth Rate (2021-2026)
6 Painting Tools Competitive Analysis
6.1 Gordon Brush
6.1.1 Gordon Brush Company Profiles
6.1.2 Gordon Brush Product Introduction
6.1.3 Gordon Brush Painting Tools Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Mill-Rose Company
6.2.1 Mill-Rose Company Company Profiles
6.2.2 Mill-Rose Company Product Introduction
6.2.3 Mill-Rose Company Painting Tools Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Braun Brush
6.3.1 Braun Brush Company Profiles
6.3.2 Braun Brush Product Introduction
6.3.3 Braun Brush Painting Tools Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Technochem Industries
6.4.1 Technochem Industries Company Profiles
6.4.2 Technochem Industries Product Introduction
6.4.3 Technochem Industries Painting Tools Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Richard Tools
6.5.1 Richard Tools Company Profiles
6.5.2 Richard Tools Product Introduction
6.5.3 Richard Tools Painting Tools Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Purdy
6.6.1 Purdy Company Profiles
6.6.2 Purdy Product Introduction
6.6.3 Purdy Painting Tools Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 PETA Decorating
6.7.1 PETA Decorating Company Profiles
6.7.2 PETA Decorating Product Introduction
6.7.3 PETA Decorating Painting Tools Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Anderson Products
6.8.1 Anderson Products Company Profiles
6.8.2 Anderson Products Product Introduction
6.8.3 Anderson Products Painting Tools Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Milton Brushware
6.9.1 Milton Brushware Company Profiles
6.9.2 Milton Brushware Product Introduction
6.9.3 Milton Brushware Painting Tools Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Asian Paints
6.10.1 Asian Paints Company Profiles
6.10.2 Asian Paints Product Introduction
6.10.3 Asian Paints Painting Tools Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 MAAN
6.12 Allway Tools
6.13 Nespoli Group
6.14 Harbor Freight Tools
6.15 Dura Paints
7 Conclusion
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