How Many Painting Companies Are in the US?

Painting Industry Overview

• Over 200 painting companies operate in the United States.
• The global paint market was worth $24.2 billion in 2019, projected to reach $24.8 billion in 2020.
• There will be almost 230,000 home painting contractors in the U.S. in 2021, a 2.7% increase from 2020.
• The median salary of these contractors is $60,000.
• Women make up about half of home improvement contractors but earn half as much as men.
• Black contractors are less likely to be hired unless the work is for a government or company.
• Hispanic contractors are less likely to be hired than white contractors.

Competition and Key States

• Competition is intense as companies fight to attract and retain customers.
• Key states include New York, Texas, Georgia, California, and Illinois.
• There are over 5,100 painting contractors employed nationwide.

Industry Players and Workforce Outlook

• Sherwin-Williams is the world’s largest coatings company based on revenue.
• The home improvement contractor workforce is expected to rise by 1.8 million over the next five years.