Door Furniture Market was valued at USD 18.5 Billion in 2022 and is projected to reach USD 25.7 Billion by 2030, growing at a CAGR of 4.6% from 2024 to 2030.
Looking ahead to the 2023 to 2033 period, the door furniture market is poised for transformative growth. Increased urbanization and the rising trend of luxury and smart homes are expected to elevate demand. The next decade will likely see a surge in the use of advanced technologies such as biometric locks, integrated security systems, and automation solutions for doors. Furthermore, the rise of green buildings and sustainable construction practices is expected to shape the market, with an emphasis on environmentally friendly materials and energy-efficient door hardware. As smart home integration becomes more mainstream, demand for door furniture that supports security, convenience, and energy efficiency will continue to grow. A projected growth in residential construction, coupled with the expanding commercial real estate sector, is likely to drive the market forward, especially in emerging economies where urban development is booming.
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The global door furniture market has experienced significant shifts between 2018 and 2022, driven by factors such as increased construction activities, the growing demand for home improvement, and technological innovations. The market saw a steady growth trajectory, fueled by advancements in materials like stainless steel and aluminum, which provided enhanced durability and aesthetic appeal to door hardware. In addition, the rising trend of smart home technologies sparked demand for electronically controlled locks, sensors, and automation systems. The period between 2018 and 2022 saw a diversified range of products in the door furniture sector, with an increasing preference for customized solutions catering to specific architectural styles and consumer preferences. The surge in housing construction, especially in emerging economies, and a greater focus on energy-efficient and secure homes boosted the demand for high-quality door hardware solutions.
Hoppe
Assa Abloy
Hafele
So Inc
Allegion
Baldwin
Emtek
Kwikset
Kuriki
DND
ZOO
Seleco
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 Door Furniture Market
Residential
Commercial
Based on Types the Market is categorized into Below types that held the largest Door Furniture market share In 2023.
Metal type
Plastic type
Other type
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 Door Furniture 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 Door Furniture Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Door Furniture Market, By Type
6. Global Door Furniture Market, By Application
7. Global Door Furniture Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Door Furniture Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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