The global demand for Watercolour Paint Market is presumed to reach the market size of nearly USD 7.33 BN by 2030 from USD 4.15 BN in 2022 with a CAGR of 7.35% under the study period 2023 - 2030.
Watercolor or watercolour comprises of fine pigment particles suspended in a water-soluble binder (adhesive substance). The binder consists of gum, glucose, glycerine, and wetting agents. Watercolors are sold as cakes of dry paint or as a liquid in tubes, to which water is added and applied with brush and water to a painting surface, usually on paper. The color can be used in various techniques such as wet-on-wet and wet-on-dry, to get different effects.
Market Dynamics
The market is primarily driven by rising demand from the ink and paint industry. In addition to this, the growth printing and labeling industry is expected to boost the watercolor market. Increasing the adoption of plastic products across the globe, coupled with the growing demand for rubber products with proper information about the products, drives the market growth. However, fluctuation in the price of crude oil may hamper market growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of watercolour paint.
Market Segmentation
This section of the watercolour paint market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By Application
- Ink & Painting
- Printing And Dyeing
- Plastic Products
- Paper Making
- Rubber Products
- Textiles
- Ceramics
- Construction
- Art & Illustration
- Others
By Distribution Channel
By End User
- Professional
- Amateur
- Educational
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for watercolour paint market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Watercolour Paint Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the watercolour paint market include Sennelier, M.Graham, Daniel Smith, Schmincke, Winsor & Newton, Daler Rowney, Old Holland, Liquitex, Michael Harding. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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