Neon Paint Market, By Product Type (Neon Acrylic Paints, Neon Spray Paints, Neon Oil-based Paints, Neon Water-based Paints, Neon Powder Coatings), By Application (Art and Craft, Signage and Displays, Automotive Customization, Fashion and Apparel, Home Déc

Neon Paint Market, By Product Type (Neon Acrylic Paints, Neon Spray Paints, Neon Oil-based Paints, Neon Water-based Paints, Neon Powder Coatings), By Application (Art and Craft, Signage and Displays, Automotive Customization, Fashion and Apparel, Home Décor, Entertainment and Events, Others), By End-User (Artists and Hobbyists, Advertising Agencies, Automotive Customization Shops, Fashion and Apparel Industry, Interior Designers, Event Planners, Others), By Distribution Channel (Art Supply Stores, Specialty Stores, Online Retail, Departmental Stores, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Neon paint is a fluorescent paint that glows brightly when exposed to ultraviolet or black light. It works by absorbing the UV light and releasing it as visible light, usually in red, orange, pink, yellow, or green hues. Neon paint was initially used for signage and lighting applications owing to its glowing characteristic even in low light conditions. However, of late the market has expanded with its usage in street, wall and home decor artworks as well as apparel design. The UV-reflecting quality and vibrant color shades have elevated neon paint as a popular creative medium. Globalization and the rising interest of youth in unique aesthetic choices have boosted the implementation of neon designs in various industries.

Market Dynamics:

Strict safety laws and standards in the automobile and aircraft industries are expected to fuel the global neon paint market’s growth over the forecast period. The demand for adaptation and individualization in sectors like the automotive industry is again expected to augment global neon paint market growth over the forecast period. Neon paint enables the development of distinctive designs, graphics, and branding components that distinguish vehicles or goods from others. Expanding applications in consumer goods will create new opportunities for the global neon paint market. The vivid and eye-catching qualities of neon paint can benefit items like electronics, sporting goods, and fashion accessories. Opportunities lie in innovations to develop eco-friendly neon paint variants as well as diversifying usage including in automotive customization, tech accessories, and gaming consoles. The rising millennial population and increasing disposable income in developing regions also present attractive prospects.

The limited durability and ease of fading are expected to hamper growth of the global neon paint market over the forecast period.

Key features of the study:

• This report provides in-depth analysis of the global neon paint market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 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 neon 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 Montana Colors, Liquitex, DecoArt, Inc., Posca (Mitsubishi Pencil Co., Ltd.), Rust-Oleum Corporation, PEBEO, Kobra Paint, Angelus Brand, Createx Colors, Jacquard Products, Molotow, MTN Colors, Neon Nights, Krylon (Sherwin-Williams Company), Artool
• 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
• The global neon paint market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global neon paint market

Neon Paint Market Detailed Segmentation:

• By Product Type:
• Neon Acrylic Paints
• Neon Spray Paints
• Neon Oil-based Paints
• Neon Water-based Paints
• Neon Powder Coatings
• By Application:
• Art and Craft
• Signage and Displays
• Automotive Customization
• Fashion and Apparel
• Home Décor
• Entertainment and Events
• Others
• By End User:
• Artists and Hobbyists
• Advertising Agencies
• Automotive Customization Shops
• Fashion and Apparel Industry
• Interior Designers
• Event Planners
• Others
• By Distribution Channel:
• Art Supply Stores
• Specialty Stores
• Online Retail
• Departmental Stores
• Others
• By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
• Company Profile:
• Montana Colors
• Liquitex
• DecoArt, Inc.
• Posca (Mitsubishi Pencil Co., Ltd.)
• Rust-Oleum Corporation
• PEBEO
• Kobra Paint
• Angelus Brand
• Createx Colors
• Jacquard Products
• Molotow
• MTN Colors
• Neon Nights
• Krylon (Sherwin-Williams Company)
• Artool