Painting Contractors – Industry Analysis, Statistics, Trends, and Forecasts

SIC 1721 | NAICS 238320

The following guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Statements and Financial Ratios

Compensation and Salary Surveys

BV Guides and Databases

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Residential & Commercial Painters (view report)
House Painting & Decorating Contractors (view report)

Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:

Market size and major product and service segments
Key industry statistics, trends, and financial ratios
Operating conditions and current performance
Competitive landscape and environment
Major company profiles and market shares
Five-year outlook and growth forecasts

Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

The Sherwin-Williams Company
PPC Magazine
https://www.sherwin-williams.com/

Quarterly publication features news and information for residential and commercial painting contractors, with topics covered in various issues including business management, marketing strategies, business growth opportunities, paint technology, product applications, styles and techniques, new products and services, and contractor and project profiles. Current and archived digital editions are available online.

PDCA
American Painting Contractor Magazine
http://www.paintmag.com/

Monthly trade publication features news and information for painting and decorating contractors, with topics covered in various issues of the magazine including business operations, sales and marketing, personnel management, product application techniques, new products and services, and tools and equipment. Digital editions are available online, with free subscription available to qualifying parties.

Freedonia Group
Research reports available from this organization include:

Paint & Coatings: United States
https://freedoniagroup.com/
Market research study analyzes U.S. demand for paint and coatings in the architectural, manufacturing, and maintenance and special coatings markets, with information provided including historical demand and forecasts by market segment (e.g., residential construction, nonresidential construction, industrial maintenance, roads and bridges, and marine equipment), applications and end users, and formulation.

Wall Coverings: United States
https://freedoniagroup.com/
Market research report analyzes U.S. demand for wall coverings in the residential and nonresidential markets, with information provided including historical demand and forecasts by product (e.g., panels, wallpaper, and decorative tile), market segment (e.g., new housing, residential improvement and repair, nonresidential construction, and nonresidential improvement and repair), and housing or building type.

BizMiner Market Analysis Reports
Painting Contractors
https://www.bizminer.com Search for "238320" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

More industry research reports»

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Painting Contractors
https://www.bizminer.com Search for "238320" to see available reports

Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:

Income and expenses in dollars and percentages
Balance sheets in dollars and percentages
Profitability and return on investment ratios
Liquidity and working capital ratios
Asset turnover and efficiency ratios
Capital structure and debt service ratios

Sample financial ratio analysis can be viewed free online.

IBISWorld Industry Research Reports
Residential & Commercial Painters
(see links for individual reports)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and an array of industry financial ratios, with the financial ratio data presented on an annual basis for the four most recent years for which data is available and on a historical average basis over three-year, five-year, and ten-year time periods. Sample report can be viewed free online.

More financial benchmarking data»

Compensation and Salary Surveys

U.S. Bureau of Labor Statistics
Compensation information available from this organization includes:

Painting and Wall Covering Contractors
https://www.bls.gov/oes/
Annual wage survey provides hourly and annual wage data for personnel employed in this service sector on a national, state, and metropolitan area basis, with job categories covered in the survey including construction and maintenance painters who paint buildings, bridges, and other structures, and paperhangers who cover interior wall and ceiling surfaces with decorative wallpaper or fabric.

Construction and Maintenance Painters
https://www.bls.gov/ooh/ / https://www.bls.gov/oes/
Occupational outlook and employment statistics sections provide wage data for construction and maintenance painters, with industries for which wage data is reported including building finishing contractors, residential building construction, nonresidential building construction, ship and boat building, local government, employment services, and highway, street, and bridge construction.

PayScale, Inc.
Compensation information available from this organization includes:

Painting Contractors
https://www.payscale.com/
Free online service provides median salary and hourly wage data for selected job positions, such as project manager, painting supervisor, house painter, and construction and maintenance painter, for firms that paint interior and exterior building surfaces and apply paint or other corrosion-resistant protective coatings to bridges, towers, railroad trestles, overpasses, and other exterior structures.

Industrial Painter
https://www.payscale.com/
Free online service provides compensation data for industrial painters by level of experience and for selected locations, with personnel included in this occupational category commonly employed in the construction and manufacturing sectors and primarily engaged in applying paints and other coatings to the interiors and exteriors of buildings and other structures and machinery of all types and sizes.

More compensation surveys»

BV Guides and Databases

BVMarketData

Private Company Sales Transaction Databases
https://www.bvresources.com/

Free "Visitor Search" allows users to search DealStats, BIZCOMPS, and FactSet MergerStat for private company sales transaction data by SIC Code or NAICS Code using the following codes:

– SIC Code 1721 - Painting and Paper Hanging Contractors

– NAICS Code 238320 - Painting and Wall Covering Contractors

Types of establishments included in these codes

Painting contractors - establishments that specialize in painting buildings and other structures, including interior and exterior painting. They may also provide services such as wallpaper removal and application, staining, and other decorative finishes.

Paperhanging contractors - establishments that specialize in hanging wallpaper, fabric, vinyl, and other types of wall coverings. They may also provide services such as wallpaper removal and repair.

Paint and wallpaper stripping - establishments that specialize in removing old paint and wallpaper from building surfaces in preparation for new coatings or coverings. Services may include the use of chemicals, heat guns, and other techniques.

Decorative finishing contractors - establishments that specialize in decorative finishes for buildings and other structures, including faux finishes, decorative plasters, and murals.

Lead paint abatement contractors - establishments that specialize in the removal and containment of lead paint in buildings and structures. They may also provide services such as testing and inspections for lead paint.

Sample reports with detailed transaction data and valuation multiples are available free online.

BVR Guides and Books
Painting Companies: What's Your Business Worth?
https://www.bvresources.com/

BVR special report provides insights into the characteristics and factors that determine the value of a painting company, with topics covered including six reasons for valuing painting companies, industry and company-specific factors that impact a painting contractor's value, and three earnings measures that appraisers consider in valuing a painting contractor. Table of contents can be viewed free online.

More valuation data»

Related Industries:
Building Materials and Home Improvement Stores
Home Builders and Residential Contractors
Paint and Wallpaper Stores
Remodeling and Restoration Contractors

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