Door Handles Market Report, by Material type (Metal type, Plastic type and others), by Application (Residential, Commercial and Others) and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2018–2026
- Report code : CMI152536 |
- Industry :
Consumer Goods
- Published On : Mar 2019 |
- Pages : 130 Pages |
- Format :
Global Door Handles Market – Insights
The global door handles market is projected to reach US$ 12,510 million by the end of 2027, at a CAGR of 4.4% over the forecast period, owing to the escalating growth of construction industry.
Attributing factors such as increasing residential and commercial properties or complexes are fueling growth of the door handles market. Increasing manufacturing of doors and windows promote the growth for the door handles because it is not only used as a mechanical tool to open and close the door but it also contributes towards the aesthetic appearance of the door. These factors are anticipated to propel the demand for door handles over the forecast period.
Fancy zinc door handles and others are expected to gain traction in the door handles market during the forecast period 2019-2027. Due to growing premium housing segment and use of antique metal door handles in luxurious home, bungalows, and row houses is expected to escalate the demand for door handles. Besides, Increasing disposable income, high standard of living and luxurious life are growth factors for the antique metal door handles.
However, manual revolving door system is anticipated to hamper the growth of the door handles market in the forecast period. Manual revolving doors are majorly used in the educational institustions, banks and other govenemnt institutions.
The global door handles market was valued at US$ 8,450 million in 2018 and is anticipated to register a CAGR of 4.4% in terms of revenue during the forecast period (2019 – 2027).
Figure 1. Global Door Handles Market Share (%), By Region, 2018
Source: Coherent Market Insights, 2018-19
Asia Pacific is anticipted to dominate the global door handles market in 2018 due to construction of toilets and rural house. For instance, according to the Ministry of drinking water and Sanitation Government of India 2017, after the launch of Swachh bharat Mission, there is tremendous increse in the demand for toilet infrastructure. Government initatives focusing on open defection free India and incresing number of toilet are aniticipeted to increse huge opportunities for local and global door handles player.
Furthermore, According to the Building and Construction Authority of Singapore Government, the demand for construction in Singapore, in terms of value is estimated to increase between US $27 billion to US$ 32 billion during the forecast period 2020 to 2023. Besides public sector is anticipated to grant and contribute US$ 16 billion to US$ 20 billion per year during 2020 to 2023 period.
Figure 2. Global Door Handles Market Share (%), By Material, 2018
Source: Coherent Market Insights, 2018-19
Among material type, metal door handles market is expected to dominate the global door handles market during the forecast period 2018- 2027, owing to the increasing use of copper door handles in hospitals, clinics, and others. Moreover, lab test shows that copper helps to kill 95% superbugs such as deadly MRSA, C difficile superbugs, flu virus and E coli food poisoning bug which are majorly found in hospitals. According to the India Brand Equity Foundation, healthcare sector attracted around US$ 397.41 million form private equity, foreign investors, venture capitalist.
Players operating in the global door handles market are adopting various growth strategies such as mergers & acquisitions and business expansion to serve increasing demand for door handles. For instance, in September 2018, SchlegelGiesse Ltd. an international division of the Tyman's PLC acquired Reguitti which is an Italian based company that deals in manufacturing of door and windows handles. Tyman’s PLC is one of the leading supplier of engineered components to door and window industry, which has 26 manufacturing sites and 18 sourcing and distribution sites across North America, Asia, Europe, Australasia and Europe.
Major players operating in the global door handles market include Seleco Hardware decoration Products Co., Galbusera G. & G., Daya, Kuriki Manufacture Co., Bangpai, Ltd, Assa Abloy Group, Hafele, Sobinco, Allegion plc, Hooply, Ltd., Enrico cassina, HEmtek products Inc., D- Line, WEST inx., and others
The door handles are attached mechanical tool not only used to close & open the door but also to enhance the artistic beauty of the door. Growing construction Industry and govenment initiatives to promote offordable homes to lower income groups are propelling the growth of the door handles market. Key players in the market are adopting different business strategies such as mergers and acquisitions to expand the global footprint. For instance, in May 2018, ERA Everywhere company acquired Zoo hardware, a leading provider of architectural hardware such as door handles, locks, hings, etc. ERA Everywhere is UK based comapny, which deals in window & door security products and smart home solutions.
Market Dynamics
Among the material type, metal is gaining major traction in door handles market. As stainless steel is extensively used in the manual sliding glass door system. This system is mostly installed in modern buildings such as corporate buildings, private homes and speciality stores where showcasing is main purpose such as jewellery shopes, boutique, car showrooms etc.
The population of Asia Pacific is expected to reach 5 billion by 2050 as per United Nations (UN), which in turn is expected to fuel demand for supportive infrastructure development. Asia Pacific is expected to gain the major traction in global door handles market during forecast period 2019-2027 owing to the favorable government polices and development of commercial infrastructure projects. For instance, according to the Business Sweden (regulated by Government of Sweden), Tokyo is aiming to be a competitive global city and large infrastructure develpment investment projects are ongoing in major suburbs of Tokyo.Moreover, Japanese govenement imposed the regulations of building standards Law which allowed builders to develop taller and high capacity tower and building. This scenario of deregulation is expected to foster the commercial and residential construction which in turn increases the demand for door handles.
Key features of the study:
- This report provides in-depth analysis of door handles market and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global door handles market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Hoppe, Emtek products Inc., Bangpai, Ltd , Seleco Hardware decoration Products Co., Hoppe, Hafele, Sobinco, Allegion plc, Enrico cassina, Kuriki Manufacture Co.WEST inx. and others.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
- The global door handles market report caters to various stakeholders in this industry including investors, suppliers, internal door handles manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the door handles market
Detailed Segmentation:
- Global Door handles Market, By Material Type:
- Metal type
- Plastic type
- Others
- Global Door handles Market, By Application:
- Residential
- Commercial
- Global Door handlesMarket, By Region:
- North America
- U.S.
- By Material Type:
- Metal type
- Plastic type
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- Canada
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- U.S.
- Europe
- U.K.
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- Germany
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- Italy
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- France
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- Russia
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- Rest of Europe
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- U.K.
- Asia Pacific
- China
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- India
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- Japan
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- ASEAN
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- Australia
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- South Korea
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- Rest of Asia Pacific
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- China
- Latin America
- Brazil
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- Mexico
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- Rest of Latin America
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- Brazil
- Middle East
- GCC
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- Israel
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- Rest of Middle East
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- GCC
- Africa
- Northern Africa
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- Central Africa
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- South Africa
- By Material Type:
- Metal type
- Plastic
- Others
- By Application:
- Residential
- Commercial
- By Material Type:
- Northern Africa
- North America
- Company Profiles
- Hoppe *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Emtek products Inc
- Bangpai, Ltd
- WEST inx.
- Seleco Hardware decoration Products Co.
- Sobinco, Allegion plc
- Enrico cassina
- Hafele
- Kuriki Manufacture Co.
- Assa Abloy Group
“*” marked represents similar segmentation in other categories in the respective section.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Material Type
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Supply Side Drivers
- Demand Side Drivers
- Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions
- New Material Approvals/Launch
- Promotion and Marketing Initiatives
- Cost Tier Down Analysis
- Global Door Handles Market, By Material Type, 2017- 2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, 2019 - 2027
- Segment Trends
- Metal type
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
- Plastic type
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
- Global Door Handles Market, By Application, 2017- 2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, 2019 - 2027
- Segment Trends
- Residential
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
- Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
- Global Door handles Market, By Region, 2017- 2027 (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, For Regions, 2019 - 2027
- North America
- Market Share Analysis, By Country, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2027
- U.S.
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Canada
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Europe
- Market Share Analysis, By Country, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2027
- U.K.
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Germany
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Italy
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- France
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Russia
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Rest of Europe
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Asia Pacific
- Market Share Analysis, By Country, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2027
- China
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- India
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Japan
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- ASEAN
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Australia
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- South Korea
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Rest of Asia Pacific
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Latin America
- Market Share Analysis, By Country, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2027
- Brazil
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Mexico
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Rest of Latin America
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Middle East
- Market Share Analysis, By Country, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2027
- GCC
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Israel
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Rest of Middle East
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Africa
- Market Share Analysis, By Country, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2027
- Northern Africa
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Central Africa
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- South Africa
- Country Trends
- Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn)
- Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Hafele
- Company Overview
- Material Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Emtek products Inc.
- Company Overview
- Material Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Bangpai, Ltd
- Company Overview
- Material Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Seleco Hardware decoration Products Co.
- Company Overview
- Material Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- DND
- Company Overview
- Material Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Assa Abloy Group
- Company Overview
- Material Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Allegion Plc.
- Company Overview
- Material Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Kuriki Manufacture Co.
- Company Overview
- Material Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Section
- References
- Research Methodology
- About us and Sales Contact
* Browse 25 market data tables* and 15 figures* on “Door Handles Market” - Global forecast to 2027.
Research Methodology
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
- Primary Research (Trade Surveys and Experts Interviews)
- Desk Research
- Proprietor Data Analytics Model
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
- National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
- Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
- Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
- Trade association, National and international media and trade press.
- Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
- Scientific journals, and other technical magazines and whitepapers.
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Data Standardization:
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
- Micro-economic indicators
- Macro-economic indicators
- Environmental indicators
- Socio-political indicators
- Technology indicators
Data Processing
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
Data Validation
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
- It provides first-hand information on the market dynamics, outlook, and growth parameters.
- Industry experts validates the estimates which helps the company to cement the on-going research study.
- Primary research includes online surveys, face-to face interviews, and telephonic interviews.
The primary research is conducted with the ecosystem players including, but not limited to:
- Raw Material Suppliers
- Manufacturers
- System Integrators
- Distributors
- End-users
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