North America Artist Grade Acrylic Paints Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Fluid Acrylics, Heavy-Body Acrylics, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
The artist grade acrylic paints market in North America is expected to grow from US$ 272.02 million in 2021 to US$ 373.70 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028.
Acrylic paints are gaining massive popularity among professional artists due to their fast drying and long-lasting properties. Oil paints take a long time to dry. It could take days for the pigment to be fully set. However, acrylic paints dry out quickly and minimize the hassle. Moreover, oil paints have poor light fastness. Light fastness defines how fast a pigment fades when exposed to light. Oils and acrylics react to light in distinct ways. Oil paints fade over time. The pigment becomes duller with time, and the oil binder shows through. However, acrylic colors do not fade over time. Therefore, paintings painted using acrylic paints look more visually bright and appealing than those painted with oil paints. Acrylic paints are popular among artists because of their vibrant hues. Acrylics paints have the potential to adhere to a variety of surfaces, including paper, canvas, wood, glass, and a variety of other materials, such as hobby models. Moreover, different mediums can be employed to modify the binding properties of acrylic paints, making them more flexible and durable than oil paints. All these properties of acrylic paints are boosting their popularity among artists across the region; thereby driving the artist-grade acrylic paints market.
The US recorded the highest number of COVID-19 confirmed cases than Mexico and Canada. The crisis adversely affected the paints industry in the region due to a restricted supply chain, raw material shortage, and shutdown of manufacturing units. In addition, the overall disruptions in manufacturing processes and research and development activities restrained the growth of the artist-grade acrylic paints market. However, the strong foothold of e-commerce platforms in the region ensured an uninterrupted supply of consumer products even during the lockdown period, which is projected to boost the regional market growth in the coming years. Moreover, rapid vaccination in the US also boosted the market recovery rate favoring the growth of the artist-grade acrylic paints market across North America.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the artist grade acrylic paints market. The North America artist grade acrylic paints is expected to grow at a good CAGR during the forecast period.
North America Artist Grade Acrylic Paints Market Revenue and Forecast to 2028 (US$ Million)
North America Artist Grade Acrylic Paints Market Segmentation
North America Artist Grade Acrylic Paints Market – By Product Type
- Heavy-Body Acrylics
- Fluid Acrylics
- Others
North America Artist Grade Acrylic Paints Market – By Distribution Channel
- Supermarkets & Hypermarkets
- Specialty Stores
- Online Retail
- Others
North America Artist Grade Acrylic Paints Market- By Country
- US
- Canada
- Mexico
North America Artist Grade Acrylic Paints Market-Companies Mentioned
- Acrylicos Vallejo
- Colart International Holdings Ltd.
- Decoart, Inc.
- Lukas
- Pebeo
- Royal Talens BV
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
4. North America Artist Grade Acrylic Paints Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. North America Artist Grade Acrylic Paints Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surge in Popularity of Acrylic Paints over Oil Paints
5.1.2 Increasing Demand for Convenient, Low-Maintenance, and Affordable Artist Paints
5.2 Market Restraint
5.2.1 Availability of Innovative/Substitute Products such as Powder Paints
5.3 Market Opportunities
5.3.1 Development of Non-Toxic, Low VOC Acrylic Paints
5.4 Future Trends
5.4.1 Growing Number of Professional Artists and Rising Inclination towards Fine Arts and Painting
5.5 Impact Analysis of Drivers and Restraint
6. Artist Grade Acrylic Paints – North America Market Analysis
6.1 North America Artist Grade Acrylic Paints Market Overview
6.2 North America Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
7. North America Artist Grade Acrylic Paints Market Analysis – By Product Type
7.1 Overview
7.2 North America Artist Grade Acrylic Paints Market Breakdown, by Product Type, 2020 & 2028
7.3 Fluid Acrylics
7.3.1 Overview
7.3.2 Fluid Acrylics: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Heavy Body Acrylics
7.4.1 Overview
7.4.2 Heavy Body Acrylics: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Artist Grade Acrylic Paints Market Analysis – By Distribution Channel
8.1 Overview
8.2 North America Artist Grade Acrylic Paints Market Breakdown, by Distribution Channel, 2020 & 2028
8.3 Supermarkets and Hypermarkets
8.3.1 Overview
8.3.2 Supermarkets and Hypermarkets: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Specialty Stores
8.4.1 Overview
8.4.2 Specialty Stores: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Online Retail
8.5.1 Overview
8.5.2 Online Retail: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Artist Grade Acrylic Paints Market – Country Analysis
9.1 Overview
9.1.1 North America: Artist Grade Acrylic Paints Market, by Key Country
9.1.1.1 US: Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Artist Grade Acrylic Paints Market, by Product Type
9.1.1.1.2 US: Artist Grade Acrylic Paints Market, by Distribution Channel
9.1.1.2 Canada: Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada: Artist Grade Acrylic Paints Market, by Product Type
9.1.1.2.2 Canada: Artist Grade Acrylic Paints Market, by Distribution Channel
9.1.1.3 Mexico: Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: Artist Grade Acrylic Paints Market, by Product Type
9.1.1.3.2 Mexico: Artist Grade Acrylic Paints Market, by Distribution Channel
10. Impact of COVID-19 Pandemic on North America Artist-Grade Acrylic Paints Market
10.1 Overview
11. Company Profiles
11.1 Acrylicos Vallejo
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Colart International Holdings Ltd.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 DecoArt, Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 PEBEO
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Royal Talens BV
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 LUKAS
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. US Artist Grade Acrylic Paints Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. US Artist Grade Acrylic Paints Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada Artist Grade Acrylic Paints Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada Artist Grade Acrylic Paints Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 6. Mexico Artist Grade Acrylic Paints Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico Artist Grade Acrylic Paints Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8. Glossary of Terms, North America Artist Grade Acrylic Paints Market
LIST OF FIGURES
Figure 1. North America Artist Grade Acrylic Paints Market Segmentation
Figure 2. North America Artist Grade Acrylic Paints Market Segmentation – By Country
Figure 3. North America Artist Grade Acrylic Paints Market Overview
Figure 4. Heavy-Body Acrylics Segment Held the Largest Share of the North America Artist Grade Acrylic Paints Market
Figure 5. US Held Largest Share of North America Artist Grade Acrylic Paints Market
Figure 6. North America Artist Grade Acrylic Paints Market, Key Market Players
Figure 7. North America: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Artist-Grade Acrylic Paints Market, Ecosystem
Figure 10. North America Artist Grade Acrylic Paints Market Impact Analysis of Drivers and Restraints
Figure 11. North America: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Artist Grade Acrylic Paints Market Breakdown, by Product Type, 2020 & 2028
Figure 13. North America Fluid Acrylics: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Heavy Body Acrylics: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Others: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Artist Grade Acrylic Paints Market Breakdown, by Distribution Channel, 2020 & 2028
Figure 17. North America Supermarkets and Hypermarkets: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Specialty Stores: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Online Retail: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Others: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America: Artist Grade Acrylic Paints Market, by Key Country-Revenue 2020 (US$ Million)
Figure 22. North America: Artist Grade Acrylic Paints Market Revenue Share, by Key Country (2020 and 2028)
Figure 23. US: Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
Figure 24. Canada: Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
Figure 25. Mexico: Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
Figure 26. Impact of COVID-19 Pandemic in North American Country Markets
- Acrylicos Vallejo
- Colart International Holdings Ltd.
- Decoart, Inc.
- Lukas
- Pebeo
- Royal Talens BV
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America artist grade acrylic paints market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America artist grade acrylic paints market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the artist grade acrylic paints market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution