Is there a demand for painters? (2024)

FAQs

Is there a demand for painters? ›

Job Outlook

Homeowners, landlords, and businesses all utilize painting businesses. In other words, there's a need for painting services, and that need is growing due to several factors: The Painting Contractors Association says that there is a serious labor shortage, making it especially attractive to entrepreneurs.

Job outlook for painters in the United States

The projected painter job growth rate is 1% from 2018-2028. About 4,900 new jobs for painters are projected over the next decade. Painter salaries have increased 12% for painters in the last 5 years. There are over 206,202 painters currently employed in the United States.

Painters rank #11 in Best Construction Jobs. Jobs are ranked according to their ability to offer an elusive mix of factors. Read more about how we rank the best jobs.

A typical independent painting company with a working owner and a 3-4 person crew can expect to make around $80,000 – $120,000 per year. In addition, with gross sales around $500,000, the margins would be 25% – 35% depending on how involved the owner was in the actual painting.

Best-Paying Cities for Painters

The metropolitan areas that pay the highest salary in the painter profession are Kahului, Chicago, Urban Honolulu, San Francisco, and San Jose.

With an average life of 67.4 years, the 144 sculptors surveyed lived significantly longer than the 262 painters, who averaged 63.6 years of life. The study is published in Age and Ageing¹.

Some specialty painters may need certification. Painters typically learn their trade on the job. No formal education is typically required to enter the occupation.

The Indian paints and coatings industry is projected to grow by 10-12 per cent in the current financial year (FY24). With a market over INR 65,000 crores, the sector is set to thrive, driven by improved consumer sentiment and economic recovery.

What trade is the highest paying? ›

According to the BLS, the highest-paid skilled trade professionals include construction managers and elevator and escalator installers. These professionals earn median salaries of $104,900 and $102,420 per year, respectively.

Some painters work on residential homes and buildings while others work on commercial or industrial buildings. Some painters work on both residential and commercial or industrial buildings. Painting is a physically demanding job that requires extensive standing, climbing, bending, kneeling and reaching.

It can be! If you have the skillset to get the job done right, offer good customer service, and are strategic, then starting a painting business can be a great investment in your future. Generally, opening a painting business doesn't have too many overhead costs and isn't too expensive.

Perhaps the most significant factor behind the paint shortage of 2022 is supply chain issues and a lack of raw materials. Without certain materials like methyl ethyl ketone and methyl methacrylate, creating industrial paint components and enamels is difficult, if not impossible.

House Painting & Decorating Contractors in the US market size (2024-2029) Industry revenue has grown at a CAGR of 1.6% over the past five years, to reach an estimated $24.7bn in 2023.

Exposure to paint products, solvents, lead and other toxic substances. Proximity to flammable or combustible materials. Working in awkward positions, or performing repetitive physical tasks. Standing for long periods of time.