Josh Richards • Oct 04, 2022
Whether you're a handyman or a do-it-yourselfer, staining can be a fun way to add color to wood surfaces or simply protect them from the elements. Paint and stain are often lumped together when it comes to jobs and market size, but there's actually quite a bit of information out there about one in particular: stain. As you might expect, stains come in all different colors with different applications depending on the type of wood they're being used on, but how much is spent on them each year? And who's buying all this stuff? Let's find out!
Wood Stains Market Share
Wood-stain industry is expected to expand at a CAGR of 6.2% between 2019 and 2026Wood cabinets are becoming more popular, as they provide a modern look to the kitchen. Wood-stains are used on wood cabinets to give them an attractive finish. The wood-stain industry is expected to expand at a CAGR of 6.2% between 2019 and 2026, according to a new study by Grand View Research, Inc. The demand for wood stains is driven by the growing popularity of DIY projects among consumers and increasing demand from residential construction industries in various countries globally.
According to the study, Europe holds the largest share of the global market due to increasing number of homeowners using natural materials such as wood instead of synthetic products to construct their homes or renovate their existing structures.
The growth of this market is further supported by consumer preference toward eco-friendly products, which serve as one of the key driving factors behind this industry’s growth during the forecast period. Additionally, increase in disposable income has led consumers towards purchasing more expensive items such as furniture which has resulted in increased demand for high-end finishes such as wood stains that deliver a good quality finish while minimizing environmental impact.
Best Key Players Listed In Wood Stains Market:
Wood Stains Market Segmentation By Type
Wood stains can be divided into two major types: water-based and oil-based.
Water-based wood stains are the most widely used type of stain in the market. In terms of volume, this market segment is expected to grow at a CAGR of 6.7% during 2017-2022. Oil-based stains are used mostly on unfinished or bare wood surfaces where they provide a natural finish and color enhancement to the wood grain pattern.
They are also known to provide better water and chemical resistance compared to water-based stains. The market for oil-based wood stains is expected to grow at a CAGR of 3% during 2017-2022.
Key Stakeholders
Manufacturers
Wood stain manufacturers are the main players in the wood stains market. These manufacturers produce wood stains for different applications and purposes. They use various technologies to manufacture the best products that can meet the needs of customers. The major players in this market are International Paints Ltd., Watco, Inc., Valspar Corporation, Cabot Corporation, Sherwin-Williams Company, Rust-Oleum Corporation, and Minwax LLC.
Chemical Companies
Wood stain manufacturers work with chemical companies to get raw materials required to produce wood stains. These raw materials include solvents such as methanol, ethanol and acetone as well as pigments and preservatives. The major chemical companies in this market include BASF SE, Evonik Industries AG & Co., Kao Corp., Mitsui Chemicals Inc., SABIC Innovative Plastics BVBA, Huntsman International LLC (formerly Huntsman Corp.) and The Dow Chemical Co..
Hobbyists
Hobbyists are another key stakeholder in the wood stain market as they use these products for hobbies such as painting furniture or making signs for houses or businesses. These hobbyists also help manufacturers develop new products through their feedback on existing ones.
Stain remover market in the US - 20.55 billion annually
Stain remover market in the France - $800 million annually
France is the second largest market for stain removers after the US. In France, you can find many major brands that offer products specifically designed to remove stains from clothes, carpets and furniture. The main reason why France has so many stains on its clothes is because of all the wine it produces.
The French consume more wine than any other country in the world, except for Italy and Spain who are also big markets for stain removers as well (they come third and fourth respectively). This high consumption rate means there's a lot of stained clothing that needs to be cleaned out of people's closets!
The stain remover market is big!
The stain remover market is big.In fact, it's become so large that the market is expected to grow by 9.8% between 2019 and 2024, with a projected value of $3.6 billion in 2024 (up from $3 billion in 2019). The world's largest markets are China and the US—but global expansion means these numbers don't always hold true for individual countries.
Additionally, while you might think of stain removers as something you can buy at your local grocery store or pharmacy, they're actually more likely to be purchased online than offline: 58% of all stain remover sales take place online (compared with 42% offline). The industry has also experienced some fragmentation over time; there are now over 80 different types of products available on Amazon alone! This makes sense given how niche some brands have become; consider Stash Essentials' Stain Stick which claims "it doesn't work on every stain."
The global wood coatings market is expected to reach $27.4 billion this year, according to a report from Business Wire.
The global wood coatings market is expected to reach $27.4 billion this year, according to a report from Business Wire. The stain market by itself has not been studied as closely, but it is part of the larger wood coatings market.
The stain market by itself has not been studied as closely, but it is part of the larger wood coatings market.
The stain market by itself has not been studied as closely, but it is part of the larger wood coatings market. Together with stains and varnishes, this sector is worth billions of dollars annually.
According to a report from Research and Markets, the global wood coatings market was worth $19 billion in 2016—a number that’s expected to increase at an annual rate of 5% between 2017 and 2022.
One report from Smart Chemical News estimated the revenue generated by the U.S. alone to be $4.5 billion in 2014, although that figure did not break out stain from other wood coatings.
The stain market is part of the larger wood coatings market, which has been estimated at $10 billion in sales annually. However, stain is not as well studied as other parts of the industry and it's difficult to get an accurate estimate of how much it contributes to overall revenues. One report from Smart Chemical News estimated the revenue generated by the U.S. alone to be $4.5 billion in 2014, although that figure did not break out stain from other wood coatings like polyurethanes or varnishes (or even all paints).
A U.S. Bureau of Labor Statistics survey found just over 6,000 seasonal jobs related to painting and paper hanging in 2004, although that category may include jobs related to stain as well as other types of paint and finishes.
A U.S. Bureau of Labor Statistics survey found just over 6,000 seasonal jobs related to painting and paper hanging in 2004, although that category may include jobs related to stain as well as other types of paint and finishes. The survey did not break out stain from other wood coatings, nor did it include independent contractors or staining furniture. It also doesn't provide an apples-to-apples comparison with today's economy: the labor force has grown since then, while the number of painters and paper hangers has declined sharply since its peak in 1999.
Carpenters are often employed to stain decks and cabinets, but the job description goes beyond soaking the surface in colorants and requires more skill than an amateur paint job.
According to the BLS, there were approximately 1 million carpenters employed in 2008, with a mean hourly wage of $20.95 that year.
NThe Bureau of Labor Statistics indicates that there were approximately 1 million carpenters employed in 2008, with a mean hourly wage of $20.95 that year. Carpenters can be found in many industries and occupations, including carpentry and remodeling, cabinet making and home improvement companies.
As you might have guessed from the title, the stain industry is booming. According to the BLS, there were approximately 1 million carpenters employed in 2008 (the most recent year data is available), but if you live somewhere like Arizona or Colorado where wildfires are common--or even just if your deck has seen better days--then it may be time to hire some help.
The total market for stains is difficult to track due to its inclusion in broader categories as well as independent contractors who work on staining jobs, but estimates put it at millions of dollars annually both domestically and internationally
The total market for stains is difficult to track due to its inclusion in broader categories as well as independent contractors who work on staining jobs, but estimates put it at millions of dollars annually both domestically and internationally. The stain market is part of the larger wood coatings market, which itself has an annual revenue of $3 billion according to the Wood Coatings Association.
Stain Remover Market Segmentation
The global stain remover market is expected to exhibit a CAGR of 4.7% during 2018-2022 and grow to USD 5.52 billion by 2022 from USD 3.49 billion in 2017.
Stain removers are used for removing stains from fabrics, carpets, laundry, clothing and other surfaces. While the demand for stain removers is growing, the market faces challenges in terms of rising competition due to advancements in technology and increasing consumer awareness about the benefits of eco-friendly products.
The global stain remover market is segmented by product type into laundry detergents, carpet cleaners & spot removers, dishwashers & glass cleaners, floor cleaners & polishes and others (kitchen cleaners & disinfectants).
Laundry detergents accounted for the largest share of the market in 2017 owing to their wide application across industries such as healthcare, food & beverage and hospitality industries where they are used to cleanse and protect clothes against stains caused by dirt or oil from clothes during washing process.
Floor cleaners & polishes accounted for the second largest share of the stain remover market in 2017 due to their wide application across industries such as retail stores where they are used to cleanse floors
Conclusion
The stain industry is actually pretty big. While it's hard to find numbers for just the stain market, there are some good estimates out there that give us a good idea of how much money people spend on staining their homes every year. Additionally, there are at least a few thousand jobs in this sector that provide people with livelihoods and allow them to pay the bills while they enjoy their favorite activities outside of work (like watching badminton!)
If you are interested in getting into this growing market, contact us today.