Paint the town: Strong demand from building markets has supported industry revenue

The expansion of the Painting and Decorating Services industry over the past five years has been supported by the surge in demand from the key building markets and, in particular, the strong growth in new dwelling commencements. Many industry players focus on meeting the demand from residential builders and property developers for the painting and decorating of new houses, apartments and townhouses. Favourable economic conditions and positive consumer sentiment over the past five years have also encouraged homeowners and landlords to spend on discretionary services, such as home improvements and alterations...read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 14-19
2.9%
Forecast Growth 19-24
Profit
Employment
7,500
Businesses
4,900
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Favourable demand from downstream building markets has underpinned industry expansion
  • A residential construction boom is driving much of the industry’s revenue growth
  • The pace of industry expansion is forecast to slow over the five years through 2023-24
  • Industry Report - Industry Locations Chapter

    The geographic spread of the Painting and Decorating Services industry broadly corresponds with the regional distribution of the New Zealand population. Consequently, New Zealand's four most populous regions, Auckland, Canterbury, Waikato and Wellington, have the greatest concentration of activity. Combined, these regions account for approximately 72.9% of total industry establishments, which outweighs their combined two-thirds' share of the national population. This partly reflects the high level of non-residential building and engineering infrastructure construction projects in these regions, which require commercial painting and industrial coating services...purchase to read more.

    Additional Insights for the Painting and Decorating Services Industry

    IBISWorld has determined the most important Key Success Factors for the Painting and Decorating Services 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 Capital expenditure on construction and Demand from 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 in New Zealand Industry?

    Industry players paint or decorate residential houses, buildings and other structures. Industry firms also provide spray painting or wallpapering services. The industry excludes firms that predominantly paint roofs.

    Industry Products
  • Internal painting services
  • External painting services
  • Specialist decorating services
  • Other services
  • Industry Activities
  • House painting
  • House wallpapering
  • House decorating
  • Building painting
  • Spray painting
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Capital expenditure on construction
  • Demand from residential building construction
  • Dwelling commencements
  • Real household discretionary income

  • Current Performance
  • Industry structure
  • Residential construction boom
  • Industry participation and profitability
  • Declining DIY

    drives demand

  • Chart: Revenue Growth

  • Industry Outlook
  • Construction and consumer trends
  • Profitability and industry participation
  • Niche activities
  • 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
  • House Construction in New Zealand
  • Multi-Unit Apartment and Townhouse Construction in New Zealand
  • Commercial Property Operators in New Zealand
  • Commercial and Industrial Building Construction in New Zealand

  • Key Selling Industries
  • Hardware Wholesaling in New Zealand
  • Heavy Machinery and Scaffolding Rental and Hiring in New Zealand
  • Metal Cladding, Waterproofing and Scaffolding Services in New Zealand
  • Paint and Coatings Manufacturing in New Zealand

  • Products & Services
  • Internal painting services
  • External painting services
  • Specialist decorating services
  • Other services
  • Chart: Painting and Decorating Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Residential building construction companies
  • Non-residential building construction companies
  • Households and residential building property managers
  • Non-residential building property managers
  • Industrial companies and engineering firms
  • 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
  • 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
    There are no major players in this industry. This report includes analysis of other companies.
    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
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Antibacterial
  • Antibacterial paint provides protection against mould and other undesirable properties.
  • Varnish
  • A finish applied to wood that adds gloss and protection.
  • Voc
  • abbreviation for volatile organic compounds, which are potentially harmful solvents released into the air as paints dry.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Painting and Decorating Services in New Zealand market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    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 in New Zealand:
    • 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 in New Zealand 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 in New Zealand, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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