Airbrush Market Report Overview
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The global airbrush market size was USD 23.68 million in 2021, as per our research, the market is projected to touch USD 36.18 million in 2031, exhibiting a CAGR of 4.82% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with airbrush experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
A small pneumatic tool used to spray various media, the often atomized inks, coating process, dyes, and foundations. Spray painting was developed from the airbrush and has become a type of employment. Airbrushing allows more control of paint application in other methods, such as using a brush. It makes an ideal method to create an even and smooth coat of color or paint. It is available in various types, such as 0.2mm-0.3mm, 0.3mm-0.5mm, and >0.5mm.
This technique is now used in various applications such as makeup, art and illustration, modelling, fingernail painting, and others. These brushes are widely used in various industries for various applications as they save time and are considered a reliable paint method. The market growth is expected to grow owing to the continuous expansion of makeup and other industries.
COVID-19 Impact: Shutdown of Manufacturing Industries Retarded Market Growth
The new coronavirus significantly negatively influenced people's lives and the well-being of the entire community and has spread quickly throughout numerous nations and areas. It started as a human health issue before developing into a serious threat to trade, the economy, and the financial system worldwide. Due to the lockdown caused by the COVID-19 epidemic, numerous parts for paint spray guns were no longer produced. Automobile purchases and a variety of residential and non-residential building development projects first saw decreased investment due to the economic slump. The intensity of the COVID-19 pandemic has, however, greatly decreased due to the release of numerous vaccines. The number of COVID-19 cases had drastically decreased by the middle of 2022. Due to this, paint spray gun manufacturing businesses have resumed operations at full capacity.
LATEST TRENDS
"Various Benefits of the Equipment to Bolster Market Growth"
Airbrush offers precision application, high speed, and optional accuracy to ensure quality manufacturing and cost-efficiency. The airbrush market is likely to grow by its no-contact delivery feature, which offers hygienic production. The adoption of this equipment increased after the outbreak of COVID-19 as the pandemic developed a concern for health among the population. The no-contact delivery of the equipment boosted its adoption in industries. Additionally, these machines deliver maximum reliability and fine atomization
Airbrush Market Segmentation
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- By Type Analysis
By type, the market is segmented into 0.2mm-0.3mm, 0.3mm-0.5mm, and >0.5mm.
- By Application Analysis
Based on application, the market is classified into art and illustration, makeup application, model, fingernail painting, and others.
DRIVING FACTORS
"Expanding Tourism Industry to Boost the Demand for Spray Machines"
The number of hospitality structures, such as hotels, resorts, and theme parks, has expanded dramatically as a result of increased international tourism. As a result, more people are using paint spray guns to preserve these facilities' aesthetic appeal. Additionally, the popularity of DIY has increased the number of homeowners engaged in maintenance tasks, which has benefited the airbrush market.
"Rising Popularity of DIY Culture to Propel Market Growth"
The awareness about do-it-yourself activities is estimated to foster the market growth in the forecast period. Learning DIY activities is easy due to the availability of online platforms such as Youtube, Pinterest, and others. Most companies are committed to delivering excellent work. Thus, they prefer using an airbrush to offer excellent service to their customers. It is used in cosmetics to apply foundation evenly without touching the customers face, as many customers don’t like others touching their face. The airbrush makeup performs well, lasts longer than usual, and is water-resistant. These factors are surging the demand for machines in the makeup industry. Art and illustration artists use it to apply even color to the surface. It sprays acrylics on plastics, watercolors on paper, and others. These factors are likely to prosper market growth.
RESTRAINING FACTORS
"High Cost of the Product May Challenge Market Growth"
The higher cost of this equipment is anticipated to restrain the market growth. The maintenance cost of these products is also higher, which may hinder the growth of the market. On being is kept stagnant, their performance level decreases.
Airbrush Market Regional Insights
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"North America to Lead the Market Due to Expanding Makeup Industry"
North America is anticipated to hold a dominating part of the airbrush market share as the region is the largest market for makeup applications. Additionally, the makeup industry is on a constant rise. It is used to create effects in eyeliner or Smokey eyes.
Asia Pacific to show significant growth due to the rising demand from India and China. Most of the products are manufactured and sold in these countries with the help of online channels, which is estimated to augment market growth.
KEY INDUSTRY PLAYERS
"Key Players Focusing On Gaining Collaborations and Partnerships to Expand "
Important market developments and inorganic and organic growth strategies are included in the studies. Many businesses are focusing on organic business growth, including product launches, product approvals, and other initiatives like patents and events. The market's inorganic growth tactics included acquisitions, partnerships, and collaborations. Market participants now have more opportunities to grow their clientele and businesses thanks to the efforts above. Industry participants in the market should soon benefit from significant growth prospects due to the expanding demand for filter products on the global market.
List of Market Players Profiled
- Sparmax (Norway)
- Harder & Steenbeck (U.S.)
- TEMPTU (U.S.)
- IWATA (Japan)
- Badger (U.S.)
- Ningbo Lis (China)
- Testor (U.S.)
- Auarita (China)
- Hollywood air (U.S.)
- Airbase (U.S.)
- Nien Tsz Lee (Taiwan)
- Dinair (Sweden)
- Luminess (U.S.)
- Paasche AirBrush (U.S.)
- TAMIYA (Japan)
- Rongpeng (China)
REPORT COVERAGE
The market research study offers thorough information on numerous market aspects. The growth drivers, restraints, geographical analysis, competitive environment, and challenges are a few of them. Additionally, it provides an analytical analysis of market trends and projections for various factors to show potential investment areas. From 2021 through 2031, the market is objectively assessed to determine its financial viability. The report's data was compiled using a variety of primary and secondary sources.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 23.68 Million in 2021 |
Market Size Value By |
US$ 36.18 Million by 2031 |
Growth Rate |
CAGR of 4.82% from 2021 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the airbrush market expected to touch by 2031?
Based on our research, the airbrush market is projected to touch USD 36.18 million in 2031.
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What CAGR is the airbrush market expected to exhibit by 2031?
The airbrush market is expected to exhibit a CAGR of 4.82% by 2031.
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What are the segments of the airbrush market?
By type, the airbrush market is segmented into 0.2mm-0.3mm, 0.3mm-0.5mm, and >0.5mm. Based on application, the market is classified into art and illustration, makeup application, model, fingernail painting, and others.
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Which are the driving factors of the airbrush market?
Expanding tourism industry to boost the demand for spray machines and the rising popularity of DIY culture to propel market growth are the factors driving the airbrush market.
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Which are the top companies operating in the airbrush market?
Sparmax, Harder & Steenbeck, TEMPTU, IWATA, Badger, Ningbo Lis, Testor, Auarita, Hollywood air, Airbase, Nien Tsz Lee, Mr.hobby, Dinair, Luminess, Paasche AirBrush, TAMIYA, and Rongpeng are the top companies operating in the airbrush market.