Off colour: Divergent trends in key construction markets lead to slow industry growth

The Painting and Decorating Services industry derives most of its revenue from work on residential buildings, primarily new construction and renovations. The industry also generates revenue from work on non-residential construction projects, including long-term maintenance of buildings and infrastructure. Demand conditions have strengthened in key building markets over the past five years. However, this expansion has been concentrated in large-scale commercial and multi-unit residential developments, which typically require less painting and decorating than residential housing projects. Many of the firms that specialise in industrial coating services benefited from the surge of investment in engineering infrastructure that accompanied the mining boom early in the more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22
Market Share of Companies

Industry Threats & Opportunities

  • Maintenance activities on existing buildings and structures have helped to stabilise the industry
  • Competition from DIY home owners has put downward pressure on industry pricing
  • Total construction activity is projected to increase, boosting industry demand
  • Industry Report - Industry Key Buyers Chapter

    The Painting and Decorating Services industry exhibits a low level of ownership concentration. The three largest players generate less than 10% of annual industry revenue.The industry is highly fragmented and characterised by many small-scale businesses contesting narrow geographic markets. Low barriers to entry allow new businesses to enter the industry when profit increases and leave when it decreases. Almost two-thirds of enterprises operate as sole proprietors and partnerships with no employees. Very few businesses employ more than 20 people (0.5%). Two-thirds of businesses generate annual revenue of below $200,000 (66.9%) and only an estimated 1.6% of enterprises generate annual revenue exceeding $2.0 million. ...purchase to read more.

    Additional Insights for the Painting and Decorating Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Painting and Decorating Services Industry are

  • Ability to compete on tender
  • Ability to change which market the firm operates in
  • Having a good reputation
  • IBISWorld analysts also discuss how external factors such as Demand from residential building construction and Demand from non-residential building construction in the Painting and Decorating Services industry impact industry performance..

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    What's in this report

    What is the Painting and Decorating Services Industry?

    Companies in this industry paint, decorate and wallpaper houses and other structures.

    Industry Products
  • General internal painting services
  • General external painting services
  • Specialist decorating services
  • Other coating services
  • Industry Activities
  • Painting houses
  • Painting buildings or other structures
  • Spray painting buildings or other structures
  • Wallpapering
  • Applying industrial coatings
  • Removing and preventing graffiti
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from residential building construction
  • Demand from non-residential building construction
  • Demand from heavy industry and other non-building construction
  • Real household discretionary income
  • Demand from road and bridge construction

  • Current Performance
  • Profit trends
  • Residential construction trends
  • Non-residential construction trends
  • Outsourcing trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Short-term contraction
  • Demand from construction
  • Profit and participation
  • Technological change
  • Table: Painting and Decorating Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Painting and Decorating Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Construction
  • Residential Property Operators
  • Office Property Operators
  • Retail Property Operators
  • Industrial and Other Property Operators

  • Key Selling Industries
  • Hardware Wholesaling
  • Machinery and Scaffolding Rental
  • Metal Cladding, Waterproofing and Scaffolding Services
  • Paint and Coatings Manufacturing
  • Paper Product Wholesaling

  • Products & Services
  • General internal painting services
  • General external painting services
  • Specialist decorating services
  • Other coating services
  • Chart: Painting and Decorating Services Industry Products and Services Segmentation

  • Demand Determinants
  • Residential building markets
  • Non-residential building markets
  • Discretionary income and outsourcing

  • Major Markets
  • Residential builders
  • Households and property managers
  • Commercial builders and property developers
  • Heavy industrial and engineering firms
  • Non-residential property managers
  • Chart: Major Market Segmentation for the Painting and Decorating Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Vehicle expenses
  • Depreciation and rent
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Painting and Decorating Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Painting and Decorating Services Industry

  • Industry Globalization
    Programmed Maintenance Services Limited,
  • Table: Programmed Maintenance Services Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Painting and Decorating Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Painting and Decorating Services Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Drop Sheet
  • A sheet of canvas or synthetic material designed to catch paint and other hard to clean substances.
  • Industrial Coatings
  • Paint products with protective properties that are mainly used for coating structural steel or industrial machinery or equipment.
  • Trompe L'oeil
  • An art technique using realistic images to create a 3D optical illusion.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Painting and Decorating Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Painting and Decorating Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Painting and Decorating Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Painting and Decorating Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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