Furniture Knobs Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The global furniture knobs market was valued at approximately USD 1.7 billion in 2022. It is projected to grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030, driven by increasing demand for customizable and stylish furniture accessories. The market's expansion is attributed to rising consumer preferences for home décor improvements and innovations in design. The increasing focus on home renovation and DIY projects also fuels the demand for diverse and aesthetically pleasing furniture knobs. In addition, the growth of the real estate sector and rising disposable incomes in emerging economies contribute to the market's upward trajectory.
Emerging markets, particularly in Asia-Pacific and Latin America, present significant opportunities for market growth. The expanding middle-class population in these regions is driving demand for affordable and fashionable furniture solutions. Additionally, advancements in manufacturing technologies and materials are enabling the creation of new and innovative furniture knob designs, enhancing market appeal. The trend towards eco-friendly and sustainable products is also influencing market dynamics, with a growing number of consumers seeking environmentally responsible options. These factors combined are expected to bolster market growth and create new avenues for investment and expansion.
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DTC
Blum Inc
Taiming
Jusen
ADAMS
Hettich
King Slide Works Co. Ltd
ASSA ABLOY
Accuride
Formenti & Giovenzana S.p(FGV)
Hafele
GRASS
Yajie
HUTLON
Salice
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Furniture Knobs Market
Residential
Commercial
Based on Types the Market is categorized into Below types that held the largest Furniture Knobs market share In 2023.
Steel
Brass
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Furniture Knobs Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Furniture Knobs Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Furniture Knobs Market, By Type
6. Global Furniture Knobs Market, By Application
7. Global Furniture Knobs Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Furniture Knobs Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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