Global tempera paint market is estimated to be valued at USD 4.39 Bn in 2024, exhibitinga compound annual growth rate (CAGR) of 5.5% from 2024 to 2031. Tempera paint is a non-drying, water-soluble binding medium consisting of egg yolk and water. It is considered to be the earliest form of paint that has been used since ancient times. Tempera painting has been used for illuminated manuscripts and mural paintings as an economical option. Some key characteristics of tempera paint include its compatibility with paper and wood as it does not penetrate deeply. While tempera paint dries quickly allowing multiple layers to be applied, it is easily washed off from the base surface.
Market Dynamics:
Global tempera paint market is expected to witness growth at a steady pace owing to various drivers such as growth of the art and craft industry, increasing art education initiatives, and rising popularity of painting as a recreational activity. However, fluctuation in prices of raw materials such as egg yolk can pose a challenge to market players. Moreover, growing preference towards acrylic and oil paints present a threat to the tempera paint market. The market is likely to gain opportunities due to growing tourism and cultural activities, which involves artistic displays and exhibitions. Innovations aimed at improving features of tempera paint such as longer shelf-life and enhanced adhesion strength can also facilitate market expansion.
Key Features of the Study:
- This report provides in-depth analysis of the global tempera paint market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global tempera paint market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Crayola LLC, Faber-Castell AG, Sargent Art, Reeves (Colart Group), Liquitex (Colart Group), Sax Arts & Crafts, Prang (Dixon Ticonderoga Company), RASCHER GmbH, Richeson Art Material, Jovi S.L., Handy Art, Prang, Pelikan.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- Global tempera paint market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Detailed Segmentation
- Type of Product
- Traditional Tempera Paint
- Modern Tempera Paint
- Application:
- End User:
- Schools and Educational Institutions
- Professional Artists
- Hobbyists and DIY Enthusiasts
- Packaging:
- Colour Variation:
- Basic colours
- Assorted colours
- Price Range:
- Economy Range
- Mid-range
- Professional Grade
- Distribution Channel:
- Retail Stores
- Online Stores
- Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Crayola LLC
- Faber-Castell AG
- Sargent Art
- Reeves (Colart Group)
- Liquitex (Colart Group)
- Sax Arts & Crafts
- Prang (Dixon Ticonderoga Company)
- RASCHER GmbH
- Richeson Art Material
- Jovi S.L.
- Handy Art
- Prang
- Pelikan