Experts estimate that the global door handle market will rise steadily at a CAGR of 4.1%, with a peak value of USD 7.35 billion in 2022. The market is expected to grow to a staggering USD 9.74 billion by 2029. This market, which specializes in producing, supplying, and retailing door handles for use in homes, businesses, and industries, is vital to the larger hardware sector. Beyond just making doors easier to open and close, door knobs also enhance appearance, security, and utility. Consumers can choose from a variety of materials, including metal, plastic, wood, and glass, to meet their preferences and design needs with a wide range of alternatives, including lever handles, knob handles, pull handles, flush handles, and even electronic or smart handles.
Door Handles Market Report Scope and Research Methodology
Analyzing the present and potential state of the market is the goal of the Door Handles Market study. It offers data on sales and revenue as well as worldwide demand and revenue generating. Additionally, the analysis divides the Door Handles business into discrete sectors to assist clients in comprehending the several growth factors that are probably similar to one another. Leading companies in the Door Handles sector, including market leaders, recent entrants, and followers, are included in the research. In order to assure correctness, it employs a top-down and bottom-up methodology and offers exclusive counsel on the development elements in minute detail. The Door Handles market research from MMR is the outcome of an investigation that included a number of approaches, including SWOT, PORTER, and PESTEL analysis.
The research offers a comprehensive analysis of the growth strategies, geographical presence, production plants and capabilities, and product portfolios of the major players in the Door Handles industry. A basic study of the Door Handles market is also included in the report, together with information on the opportunities, trends, drivers, and constraints that are influencing the industry.
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Door Handles Market Regional Insights
The market study explores the Door Handles industry in great detail, breaking it down into multiple regions. The report evaluates the following regions and countries: North America, South America, Europe, Asia Pacific (APAC), Africa, and the Middle East. Regional markets are thoroughly examined in the Door Handles market research to identify trends, constraints, and potential opportunities.
Door Handles Market Segmentation
The market for door handles is dominated by lever handles due to their accessibility, ergonomic design, and convenience of use. They are used in both the business and residential domains. Modern and sleek designs are becoming more and more popular for lever handles, which go well with the latest interior design trends. A large portion of the market is occupied by metal door handles because of their robustness, longevity, and visual appeal. They come in a variety of metals, including nickel, bronze, brass, and stainless steel. Since metal handles are more durable and resilient to heavy use, they are recommended. They offer a broad range of designs and finishes and find use in both the home and commercial sectors. Important companies in the metal handles market include Emtek Products, Inc., Allegion plc, and ASSA ABLOY AB.
by Product Type
Lever Handles
Knob Handles
Pull Handles
Flush Handles
Electronic/Smart Handles
Others
by Material
Metal
Plastic
Wood
Glass
Others
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Door Handles Market Key Players
1. ASSA ABLOY AB
2. Allegion plc
3. Emtek Products, Inc.
4. Spectrum Brands Holdings, Inc.
5. Häfele GmbH & Co KG
6. Kwikset (Spectrum Brands Holdings, Inc.)
7. Yale Security (ASSA ABLOY AB)
8. SARGENT Manufacturing Company
9. Designer Doorware
10. GEZE GmbH
11. FSB Franz Schneider Brakel GmbH + Co KG
12. DORMA+KABA Group
13. Hettich Holding GmbH & Co. oHG
14. Sugatsune America, Inc.
15. Nova Hardware
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