Door Handles Market Poised for 4% CAGR Growth Through 2028 – MarkNtel Advisors
MarkNtel Advisors has released its comprehensive analysis of Door Handles Market, projecting a steady 4% CAGR growth from 2023-2028. Our team of industry specialists has exactly compiled the latest market intelligence to support stakeholders—entrepreneurs, financial analysts, and corporate strategists—in making informed, data-backed decisions.
Door Handles Market Statistics:
Study Period- Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028): 4%
Market Value(YYYY): Market Number
Market Study Report Coverage:
- Market Fundamentals: Size, share, Revenue, and historical performance metrics.
- Geographical Analysis: Growth hotspots – Asia-Pacific dominated the Door Handles Market with the largest share in the past few years, and the same trend is projected during 2023-28.
- Competitive Benchmarking: Market leaders vs. emerging players.
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Door Handles Market Segmentation Analysis (2023–2028)
The study analyzes significant trends in each segment of Door Handles Market report, as well as growth estimates for 2023–2028 at the geographical levels.
As per the Report the market segment bifurcated into:
By Type
– Lever Handles
– Door Knobs
– Sliding Door Handles
– Pull Handles
Of them all, lever handles dominated the Global Door Handles Market with the largest share in recent years, and the same trend is likely during 2023-28.
By Application
– Residential
– Commercial
– Industrial
– Others
Here, the residential application is projected to acquire a prominent market share in the forecast years.
By Material
– Metal
– Plastic
– Fiber
– Others
By Distribution Channel
– Online
– Offline
By Region
– North America
– South America
– Europe
– Middle East & Africa
– Asia-Pacific
Door Handles Market Sector Growth Driver:-
Rapid Urbanization owing to Lifestyle Changes & Rising Income Levels – The increasing urbanization worldwide owing to improving disposable incomes of people and lifestyle changes is the prime aspect projected to drive the Global Door Handles Market during 2023-28. The rapidly growing urban population is resulting in cheaper unit costs for numerous services & infrastructure, along with ever-increasing number of large cities, i.e., augmenting the construction of doors & windows and, consequently, door handles.
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Door Handles Market Competitive Outlook (2023–2028)
This section discusses the major participants in Door Handles Market, with a focus on securing new contracts in developing nations to strengthen their footprint
Competitive Analysis Cover:
- Business Description
- Product Segments
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
List of Major Door Handles Market Competitor
- The Häfele Group
- Assa Abloy AB
- Aarkay Vox
- Kuriki Manufacture Co.
- Hoppe Holding AG
- Ace Hardware Corporation
- Emtek Products Inc.
- Sugatsune America, Inc.
- West Corporation
- Allegion Plc
- Latham’s Steel Security Doors
- Schlage
- Baldwin Hardware
- Archello
- Door Handle Company
The market is highly fragmented, with a mix of global and regional players competing for market share. To Learn More About the Global Trends Impacting the Future of Top 10 Companies in Door Handles Market
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Frequently Asking Questions (FAQ’s):
- What specific areas and industries are covered in Door Handles Market research report?
- How big is Door Handles industry?
- Which companies have the largest Door HandlesMarket share?
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