The statistical surveying report on the global Builder Hardware Market has been presented by using professional or expert knowledge through standard and modified research approaches and forecasts. The yearly forecast and predication for the years 2020 to 2025 have been enclosed by the report along with comprehensive analysis for all market segments and regions. The statistical data derived from authentic resources and assisted by industry experts. It likewise assesses the market by evaluating market elements, including drivers, restraints, opportunities, threats, challenges, growth prospects, and other market elements.
Builders’ hardware, or just builders hardware, is a group of metal hardware specifically used for protection, decoration, and convenience in buildings. Building products do not make any part of a building; rather they support them and make them work. It usually supports fixtures like windows, doors, and cabinets. Common examples include door handles, door hinges, bolts, latches, numerals, letter plates, switch plates, and door knockers.
There are a vast number of producers all vying for market share and trying to take market share from each other. The major competition regions are EU, Asia-Pacific, Americas, especially from China, Mexico and Vietnam, etc. The cheaper labor in these countries makes the builder hardware production cost decrease. With globalization came lower trade barriers and therefore low cost builder hardware flooded the developed countries’ builder hardware market making the local builder hardware industry struggle to survive.
According to this study, over the next five years the Builder Hardware market will register a 4.8% CAGR in terms of revenue, the global market size will reach US$ 52900 million by 2024, from US$ 40000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Builder Hardware business, shared in Chapter 3.
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The key manufacturers covered in this report:
- ASSA ABLOY
- Spectrum Brands (HHI)
- Masco Corporation
- Roto Frank
- Kin Long
- Lip Hing
- Ashland Hardware Systems
- Hager Company
- CompX International
- Tyman (GIESSE)
Segmentation by product type:
- Cold rolled steel
- Stainless Steel 304
Segmentation by application:
- Residential Market
- Non-residential Market
This report also splits the market by region:
- United States
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- To study and analyze the global Builder Hardware consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Builder Hardware market by identifying its various subsegments.
- Focuses on the key global Builder Hardware manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Builder Hardware with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Builder Hardware submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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