Global Builders` and Cabinet Hardware Industry

Global Builders` and Cabinet Hardware Industry

  • February 2020 •
  • 98 pages •
  • Report ID: 5864039 •
  • Format: PDF
Builders` and Cabinet Hardware market worldwide is projected to grow by US$6.3 Billion, driven by a compounded growth of 5.1%. Builders` Hardware, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$17.6 Billion by the year 2025, Builders` Hardware will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 5.8% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$294.8 Million to the region’s size and clout in the next 5 to 6 years. Over US$293.3 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Builders` Hardware will reach a market size of US$1.3 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 4.9% over the next couple of years and add approximately US$1.1 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,
  • Allegion plc
  • Schlage
  • Ashland Hardware Systems
  • ASSA ABLOY AB
  • Adams Rite
  • Markar Architectural Products
  • Medeco
  • Rockwood Manufacturing Company
  • SARGENT Manufacturing Company
  • Securistyle Ltd.
  • CompX International, Inc.
  • Dormakaba Group
  • HAGER COMPANIES
  • Hickory Hardware
  • The J.G. Edelen Co., Kwikset Corp.
  • Masco Corp.
  • Miwa Lock Co. Ltd.
  • Preferred Engineering Products Ltd.
  • Security Door Controls
  • Stanley Black & Decker, Inc.
  • Sugatsune America, Inc.
  • Tyman Plc