Reasons to Invest
Quick Facts
- The painting business is a $48 billion industry
- 8.0% Annual Growth over the last 5 years
- There are over 240,000 businesses operating as painting businesses in the U.S.
- The painting industry employs over 400,000 people in the U.S.
Trending
- The U.S Bureau of Labor Statistics projects that the number of actively employed painting and wall-covering contractors will increase by 38.5 percent during the 10-year period from 2010 to 2020, or 3.85 percent annually. (smallbusiness.chron.com)
- Remodeling activity in 2016 is the best since 2006—expect increase in service calls for installations and upgrades (jchs.harvard.edu)
- Of the various segments of the paint products industry, paint destined for homes, commercial buildings and industrial structures represents the largest. (smallbusiness.chron.com)
In the News
- Painting industry major contributor to U.S. economic growth as well as a leader in research and development to protect infrastructure (paint.org)
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