South 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 SAM is expected to grow from US$ 49.96 million in 2021 to US$ 67.03 million by 2028; it is estimated to grow at a CAGR of 4.3% 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.
Brazil reported the highest number of COVID-19 confirmed cases, followed by Argentina, Peru, Chile, and Ecuador. Governments in South America have taken an array of actions to protect their citizens and contain the spread of novel coronavirus. It is anticipated that SAM will face lower export revenues in the coming months, both from the drop in commodity prices and reduction in export volumes—which are important trade partners. Containment measures in several countries of SAM would reduce economic activity in the manufacturing and service sectors for at least the next quarter of 2020, with a rebound once the pandemic is contained. These factors affected the growth of the artist-grade acrylic paints market in SAM. However, as the economies are recovering from losses, the artist-grade acrylic paints market is also projected to witness positive growth across the region in the next few years.
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 SAM artist grade acrylic paints market is expected to grow at a good CAGR during the forecast period.
SAM Artist Grade Acrylic Paints Market Revenue and Forecast to 2028 (US$ Million)
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SAM Artist Grade Acrylic Paints Market Segmentation
SAM Artist Grade Acrylic Paints Market – By Product Type
- Heavy-Body Acrylics
- Fluid Acrylics
- Others
SAM Artist Grade Acrylic Paints Market – By Distribution Channel
- Supermarkets & Hypermarkets
- Specialty Stores
- Online Retail
- Others
SAM Artist Grade Acrylic Paints Market- By Country
- Brazil
- Argentina
- Rest of SAM
SAM Artist Grade Acrylic Paints Market-Companies Mentioned
- Acrylicos Vallejo
- 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. SAM Artist Grade Acrylic Paints Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. SAM Artist Grade Acrylic Paints Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising 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 Accessibility 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 – SAM Market Analysis
6.1 SAM Artist Grade Acrylic Paints Market Overview
6.2 SAM Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
7. SAM Artist Grade Acrylic Paints Market Analysis – By Product Type
7.1 Overview
7.2 SAM 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. SAM Artist Grade Acrylic Paints Market Analysis – By Distribution Channel
8.1 Overview
8.2 SAM 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. SAM Artist Grade Acrylic Paints Market – Country Analysis
9.1 Overview
9.1.1 SAM: Artist Grade Acrylic Paints Market, by Key Country
9.1.1.1 Brazil: Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Brazil: Artist Grade Acrylic Paints Market, by Product Type
9.1.1.1.2 Brazil: Artist Grade Acrylic Paints Market, by Distribution Channel
9.1.1.2 Argentina: Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Argentina: Artist Grade Acrylic Paints Market, by Product Type
9.1.1.2.2 Argentina: Artist Grade Acrylic Paints Market, by Distribution Channel
9.1.1.3 Rest of SAM: Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Rest of SAM: Artist Grade Acrylic Paints Market, by Product Type
9.1.1.3.2 Rest of SAM: Artist Grade Acrylic Paints Market, by Distribution Channel
10. Impact of COVID-19 Pandemic on SAM 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 DecoArt, Inc.
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 PEBEO
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 Royal Talens BV
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 LUKAS
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
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. SAM Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil Artist Grade Acrylic Paints Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil Artist Grade Acrylic Paints Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 4. Argentina Artist Grade Acrylic Paints Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina Artist Grade Acrylic Paints Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 6. Rest of SAM Artist Grade Acrylic Paints Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of SAM Artist Grade Acrylic Paints Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8. Glossary of Terms, SAM Artist Grade Acrylic Paints Market
LIST OF FIGURES
Figure 1. SAM Artist Grade Acrylic Paints Market Segmentation
Figure 2. SAM Artist Grade Acrylic Paints Market Segmentation – By Country
Figure 3. SAM Artist Grade Acrylic Paints Market Overview
Figure 4. Heavy-Body Acrylics Segment Held the Largest Share of the SAM Artist Grade Acrylic Paints Market
Figure 5. Rest of SAM Held Largest Share of SAM Artist Grade Acrylic Paints Market
Figure 6. SAM Artist Grade Acrylic Paints Market, Key Market Players
Figure 7. SAM: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Artist-Grade Acrylic Paints Market, Ecosystem
Figure 10. SAM Artist Grade Acrylic Paints Market Impact Analysis of Drivers and Restraints
Figure 11. SAM: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. SAM Artist Grade Acrylic Paints Market Breakdown, by Product Type, 2020 & 2028
Figure 13. SAM Fluid Acrylics: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. SAM Heavy Body Acrylics: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. SAM Others: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. SAM Artist Grade Acrylic Paints Market Breakdown, by Distribution Channel, 2020 & 2028
Figure 17. SAM Supermarkets and Hypermarkets: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. SAM Specialty Stores: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. SAM Online Retail: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. SAM Others: Artist Grade Acrylic Paints Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. SAM: Artist Grade Acrylic Paints Market, by Key Country-Revenue 2020 (US$ Million)
Figure 22. SAM: Artist Grade Acrylic Paints Market Revenue Share, by Key Country (2020 and 2028)
Figure 23. Brazil: Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
Figure 24. Argentina: Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
Figure 25. Rest of SAM: Artist Grade Acrylic Paints Market –Revenue and Forecast to 2028 (US$ Million)
Figure 26. Impact of COVID-19 Pandemic in SAM Country Markets
- Acrylicos Vallejo
- Decoart, Inc.
- Lukas
- Pebeo
- Royal Talens BV