The popularity of sports around the world drives the market for field marking paint. The field marking paint market is expected to grow due to increased fitness and health awareness among the vast majority of the working population.
Field marking paints can be used on fields or courts that need to be marked temporarily but must withstand the elements. This advantage of field marking paints over traditional methods is helping to popularize the product and grow the field marking paints market. Furthermore, field marking paint can be applied with brushes, rollers, or spray cans, assisting the field marking paint market’s revenue growth.
The primary factors driving the field marking paint market are ease of application and environmental safety. However, field marking paints’ unavailability in several regions is a factor impeding the market’s growth because the product is less common in remote areas, such as villages and small towns, where traditional methods of field marking are still used. Such factors pose a challenge to the field marking paint market’s expansion.
Global Field Marking Paint Market Key Players
Some of the key players of the field marking paint are:
- US Specialty Coatings
- Glidden Professional
- Pioneer Athletics
- Hirshfield’s, Inc.
- Other Prominent Players
The research report presents a comprehensive assessment of the market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
Global Field Marking Paint Market Segmentation
The field marking paint market is segmented on the basis of paint base, buyer, sales channel and region.
Field marking paint base includes solvent-borne field marking paint and water-borne field marking paint. The solvent-borne type field marking paint leads in market share and sales. The key buyer type include the individual, institutional and promotional.
Concerning sales channels field marking paint market can be classified into, independent sports outlets, sports retail chain, franchised sports outlet, direct-to-customer online channel, direct-to-customer institutional channel, modern trade channels and third-party online channels. Among these, modern trade channels have registered the highest share and remains dominant in sales channel type across the regions in field marking paint market.
Global Field Marking Paint Market Regional Overview
Field marking paint sales vary by region in terms of regional demand. However, Asian countries such as Korea, China, India, and the region of North America’s continued dominance in various international tournaments is expected to boost the field marking paint market in the APEJ and North America region in the near future.
While the field marking paint industry is flooded with opportunities for growth in the coming years, other regions are slowly but steadily gaining ground. Due to the popularity of field games such as football, the field marking paint market in Latin America and Europe is expected to grow rapidly during the forecast period.
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