Global Door Handles Market, By Type (Lever Handles, Door Knobs, Sliding Door Handles), Material Type (Metal Type, Plastic Type, Others), Application (Residential, Commercial), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The door handles market is expected to be growing at a growth rate of 3.97% in the forecast period of 2021 to 2028 and is likely to reach the USD 3.90 billion by 2028.
A door handle is a type of handle that is normally affixed to a door to make it easier to open and close it. They are typically constructed of plastic, metal, and other materials.
The door handles market will expand faster as the population's need for fashionable and trendy door handles grows. The growing number of commercial buildings around the world is also predicted to boost market growth. The market is estimated to grow in response to increased production of doors and windows. Manufacturers are also taking a number of steps to manufacture more modern and developed door handles, which is expected to cushion the industry's growth. Furthermore, increase in the level of disposable incomes and the rise in the number of construction activities are encouraging the global adoption of door handles.
Moreover, improvements associated with the standard of living of people and swift urbanization will create lucrative market growth opportunities.
However, the market for door handles is expected to be restricted by the manual revolving door mechanism throughout the forecast period. Also, high cost of door handles will further challenge the door handles market.
This door handles market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on door handles market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Door Handles Market Scope and Market Size
The door handles market is segmented on the basis of type, material type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- The door handle market is also segmented in the basis of type as level handles, sliding door handles and door knobs.
- Door handle market on the basis of material type is segmented into metal type, plastic type and others.
- Based on application the door handle market has been segmented as residential and commercial.
Door Handles Market Country Level Analysis
The door handles market is analysed and market size insights and trends are provided by country, type, material type and application as referenced above.
The countries covered in the door handles market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the door handles market due to the rise in the tourism sector and growing infrastructure activities in this region.
The country section of the door handles market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Door Handles Market Share Analysis
The door handles market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to door handles market.
Some of the major players operating in the door handles market are India international house ltd, SOBINCO, ASSA ABLOY, Häfele, Allegion plc, Latham's Steel Security Doors, Kuriki Manufacture Co., Ltd, WEST inx Ltd, Sugatsune America, Inc., Sanvi Enterprise., Yali Design Studio, Bhunit Engineering Company Pvt. Ltd., AAR KAY VOX, alpro, Forcegroup, Italik Metalware Pvt. Ltd., among others.