Paint Roller Market to Garner $3.18 Bn, Globally, by 2027 at 5.5% CAGR
PORTLAND, Ore., May 4, 2021 /PRNewswire/ Allied Market Research recently published a report, titled, Paint Roller Market by Fabric (Synthetic and Blended), Frame Size (Shorter, Medium, and Large), and End User (Residential, Commercial, and Industrial): Global Opportunity Analysis and Industry Forecast, 2020-2027 . As per the report, the global paint roller industry was pegged at $2.38 billion in 2019, and is projected to reach $3.18 billion by 2027, growing at a CAGR of 5.5% from 2020 to 2027.
Drivers, restraints, and opportunities
Increase in demand for various types of paint rollers, improved designs and functionality, and rise in demand in investments in industrial buildings have boosted the growth of the global paint roller market. However, the presence of substitute products such as paint brushes and sprays and competition from domestic manufactures hinder the market growth. On the contrary, surge in
Aerospace Titanium Fasteners Market Expected to Record an Accelerating CAGR of over 6% by 2025 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
10 Best Hardware Stocks to Buy Now
The world economy was mostly shuttered throughout 2020 as governments around the world scrambled to contain the spread of the COVID-19 pandemic. One of the side effects of the restrictions placed on business activity was that companies making tools and hardware required for other businesses to function took a huge hit in sales as economic activity ground to a complete halt. For example, one of the biggest hardware firms in the US, Stanley Black & Decker, Inc. (NYSE: SWK), reported only a 1% increase in sales during 2020.
However, slow growth in the second half of the year on the back of increased optimism resulting from the development of a coronavirus vaccine helped Stanley Black & Decker, Inc. (NYSE: SWK) bounce back and the firm reported a 19% year-on-year increase in sales in the fourth quarter of 2020. The total earnings for the firm during the period also increased by roughly 50% compared to the same time last year. The firm expects steady
Jefferies raised Apple Inc. (NASDAQ: AAPL) price target from $160 to $175. Apple shares rose 2.5% to $136.93 in pre-market trading.
Wedbush raised the price .
Share this article
Share this article
NEW BRITAIN, Conn., April 28, 2021 /PRNewswire/ Stanley Black & Decker, Inc. (NYSE: SWK) ( Stanley ) today announced that it has elected to redeem all its outstanding Series C Cumulative Perpetual Convertible Preferred Stock (CUSIP No. 854502 853), no par value, with liquidation preference $1,000 per share (the Convertible Preferred Stock ) and that:
(A) the redemption date will be June 3, 2021;
(B) the redemption price will be $1,002.50 per share of the Convertible Preferred Stock payable in cash (which is equal to 100% of the liquidation preference of a share of the Convertible Preferred Stock
plus accumulated and unpaid dividends to, but excluding, the redemption date);