Continued...

 The packaging sub-segment is slated to reach a substantial valuation by 2028, expanding at a CAGR of approximately 3% through the review timeline. Paints and coatings provide all the features required for primary and secondary packing, including high performance, lightweight, low contamination, and airtightness. Packaging items use about 70% less plastic as well as take up lesser space than rigid packaging options. In addition, the use of improved paints and coatings on these packaging helps in protecting the goods from outside influences, which is estimated to boost product demand over the forthcoming years.

 On the regional front, the Middle East & Africa painting tools market is poised to see robust expansion at a CAGR of more than 4.5% over the forecast period owing to high infrastructure spending and widespread post-war construction activities. The MEA painting tools market is dominated by Saudi Arabia and South Africa in terms of market share, with Saudi Arabia emerging as the fastest expanding market in the region.