The global market for plastering and spraying machines is expected to grow steadily with a CAGR of about 7%. The major driver for this growth will be high-rise buildings in the coming years. Most high rise buildings for residential use focus on nuclear families and provide amenities like swimming pools, gyms, clubhouses, etc to motivate buyers. These amenities, in turn, enhance the opportunities for plastering and spraying machine manufacturers. Further, since the supervision required for these machines when they are in operation is minimal, there are no major safety concerns for the workers. High rise buildings for residential use also focus on locating their projects close to public transport, desirable neighbourhood, and other facilities, etc. Another factor that will aid future growth prospects for plastering and spraying machines is the increasing focus on green buildings. Impact from carbon emission and depleting raw material availability are also factors that will contribute to the growth of opportunities for plastering and spraying machine vendors.