Asia: Paint Brush Market 2020

Paint Brush Market Size in Asia

The revenue of the paint brush market in Asia amounted to $X in 2017, surging by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008, when market value increased by X% y-o-y. Over the period under review, the paint brush market reached its maximum level in 2017, and is likely to continue its growth in the near future.

Paint Brush Production in Asia

In 2017, approx. X units of paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes were produced in Asia; coming up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2010, when it surged by X% year-to-year. The volume of paint brush production peaked in 2017, and is expected to retain its growth in the near future.

Paint Brush Exports in Asia

The exports amounted to X units in 2017, increasing by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. The pace of growth appeared the most rapid in 2010, when exports increased by X% year-to-year. Over the period under review, the paint brush exports attained its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, paint brush exports stood at $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the paint brush exports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Paint Brush Exports by Country in Asia

China dominates paint brush exports structure, resulting at X units, which was approx. X% of total exports in 2017. Sri Lanka (X units) and Indonesia (X units) followed a long way behind the leaders.

China was also the fastest growing in terms of the paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes exports, with a CAGR of +X% from 2007 to 2017. Indonesia and Sri Lanka experienced a relatively flat trend pattern. China (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest paint brush supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of global exports. It was followed by Indonesia, with a X% share.

In China, paint brush exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Sri Lanka (+X% per year) and Indonesia (+X% per year).

Paint Brush Export Prices by Country in Asia

The paint brush export price in Asia stood at $X per thousand units in 2017, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% year-to-year. The level of export price peaked of $X per thousand units in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Indonesia ($X per thousand units), while China ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Sri Lanka (+X% per year), while the other leaders experienced more modest paces of growth.

Paint Brush Imports in Asia

In 2017, approx. X units of paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes were imported in Asia; increasing by X% against the previous year. The total imports indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the paint brush imports increased by +X% against 2009 indices. The pace of growth appeared the most rapid in 2010, with an increase of X% y-o-y. Over the period under review, the paint brush imports reached its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, paint brush imports amounted to $X in 2017. The total imports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the paint brush imports increased by +X% against 2007 indices. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Paint Brush Imports by Country in Asia

In 2017, Japan (X units), distantly followed by South Korea (X units), Thailand (X units), Pakistan (X units), Malaysia (X units) and Saudi Arabia (X units) were the key importers of paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes, together achieving X% of total imports. The following importers - the Philippines (X units), India (X units), Indonesia (X units), the United Arab Emirates (X units), Taiwan, Chinese (X units) and Singapore (X units) each finished at a X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Pakistan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes in Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by the Philippines, with a X% share.

In Japan, paint brush imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and the Philippines (+X% per year).

Paint Brush Import Prices by Country in Asia

In 2017, the paint brush import price in Asia amounted to $X per thousand units, leveling off at the previous year. The paint brush import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. Over the period under review, the import prices for paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes reached its peak figure level of $X per thousand units in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Philippines ($X per thousand units), while Pakistan ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform