Amid the COVID-19 crisis, the global market for Builders` and Cabinet Hardware estimated at US$16 Billion in the year 2020, is projected to reach a revised size of US$21.1 Billion by 2027, growing at aCAGR of 4% over the period 2020-2027. Builders` Hardware, one of the segments analyzed in the report, is projected to record 4.2% CAGR and reach US$17.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cabinet Hardware segment is readjusted to a revised 3.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4.7 Billion, While China is Forecast to Grow at 3.7% CAGR
The Builders` and Cabinet Hardware market in the U.S. is estimated at US$4.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2027 trailing a CAGR of 3.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 3.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.We bring years of research experience to this 18th edition of our report. The 551-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Adams Rite
- Allegion plc
- Ashland Hardware Systems
- ASSA ABLOY AB
- CompX International, Inc.
- Dormakaba Group
- HAGER COMPANIES
- Hickory Hardware
- Kwikset Corp.
- Markar Architectural Products
- Masco Corp.
- Medeco
- Miwa Lock Co. Ltd.
- Preferred Engineering Products Ltd.
- Rockwood Manufacturing Company
- SARGENT Manufacturing Company
- Schlage
- Securistyle Ltd.
- Security Door Controls
- Stanley Black & Decker, Inc.
- Sugatsune America, Inc.
- The J.G. Edelen Co.,
- Tyman Plc
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Recent Market Activity
A Prelude
Cabinet Hardware Market - An Overview
A Peek into the Door and Window Hardware Market
Recession in Retrospect and the Road Ahead
The 2007-2009 Recession
US Market Hit Hard by Economic Recession
2009-2012 Europe Debt Crisis in Retrospect
US Fiscal Crisis and Eurodebt Crisis Mars Market Performance in 2012 & 2013
Current Eurozone Economic Outlook
Global Competitor Market Shares
Builders' and Cabinet Hardware Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
Improvement in Global GDP Performance to Benefit Market Growth
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Allegion plc (Ireland)
Schlage (USA)
Ashland Hardware Systems (USA)
ASSA ABLOY AB (Sweden)
Adams Rite (USA)
Markar Architectural Products (USA)
Medeco (USA)
Rockwood Manufacturing Company (USA)
SARGENT Manufacturing Company (USA)
Securistyle Ltd. (UK)
CompX International, Inc. (USA)
Dormakaba Group (Switzerland)
HAGER COMPANIES (USA)
Hickory Hardware (USA)
The J.G. Edelen Co. (USA)
Kwikset Corporation (USA)
Masco Corporation (USA)
Miwa Lock Co. Ltd. (Japan)
Preferred Engineering Products Ltd. (Canada)
Security Door Controls (USA)
Stanley Black & Decker, Inc. (USA)
Sugatsune America, Inc. (USA)
Tyman Plc (UK)
3. MARKET TRENDS & DRIVERS
Rapid Urbanization: A Strong Growth Driver
Demographic Transformations Strengthen Market Prospects
Rising Global Population Propels Demand for Housing Units and Infrastructure
Burgeoning Middle Class Population Worldwide Spurs Market Growth
Developing Countries: The Focal Point for Future Growth
Rising Standards of Living Fuel Market Expansion
India & China Offer Significant Growth Opportunities
Recovery in Construction Activity Augurs Well for Market Growth
Residential Replacements to Boost Builders' and Cabinet Hardware Demand
Rising Investments in Commercial Real Estate Spur Market Demand
Emerging Trends in the Door Hardware Industry
Style and Fashion - Key Growth Driving Factors
Traditional Brass Finish Losing its Sheen
Use of iron and Graphite in Kitchen Cabinet Hardware
Hinge Makers Prefer Steel to Brass
Specialized Hinges Catching on
Cabinet Hardware Gaining Ground
Lockset Makers: Back to Basics
Multipoint Locking Systems Knock Entry Doors
PVD Finishing: Metamorphosing the world of Locks and Knobs
Deadbolt Locks: Grades Make all the Difference
Hong Kong and Taiwan Aim High
Lock Makers Gear up for the International Markets
Cabinet Hardware from Recycled Products
Dealers Package Installation to Boost Sales
Electronic Access Control System - A Threat to Mechanical Locking System
Noteworthy Trends in Residential Door Designs
Modern Styles
Use of Different Materials
Attractive Doorknobs
Latest Trends in Hardware Accessory Market
Unique Designs to Create Personalized Looks
Brass Makes Comeback
Mid-Century Looks and Polished Surfaces
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Builders` and Cabinet Hardware Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Builders` and Cabinet Hardware Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Builders` and Cabinet Hardware Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Builders` Hardware (Product Segment) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 5: Builders` Hardware (Product Segment) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
TABLE 6: Builders` Hardware (Product Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Cabinet Hardware (Product Segment) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 8: Cabinet Hardware (Product Segment) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
TABLE 9: Cabinet Hardware (Product Segment) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Builders' and Cabinet Hardware Market Share (in %) by Company: 2020 & 2025
Market Analytics
TABLE 10: United States Builders` and Cabinet Hardware Market Estimates and Projections in US$ Million by Product Segment: 2020 to 2027
TABLE 11: Builders` and Cabinet Hardware Market in the United States by Product Segment: A Historic Review in US$ Million for 2012-2019
TABLE 12: United States Builders` and Cabinet Hardware Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
CANADA
TABLE 13: Canadian Builders` and Cabinet Hardware Market Estimates and Forecasts in US$ Million by Product Segment: 2020 to 2027
TABLE 14: Canadian Builders` and Cabinet Hardware Historic Market Review by Product Segment in US$ Million: 2012-2019
TABLE 15: Builders` and Cabinet Hardware Market in Canada: Percentage Share Breakdown of Sales by Product Segment for 2012, 2020, and 2027
JAPAN
TABLE 16: Japanese Market for Builders` and Cabinet Hardware: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2020-2027
TABLE 17: Builders` and Cabinet Hardware Market in Japan: Historic Sales Analysis in US$ Million by Product Segment for the Period 2012-2019
TABLE 18: Japanese Builders` and Cabinet Hardware Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
CHINA
TABLE 19: Chinese Builders` and Cabinet Hardware Market Growth Prospects in US$ Million by Product Segment for the Period 2020-2027
TABLE 20: Builders` and Cabinet Hardware Historic Market Analysis in China in US$ Million by Product Segment: 2012-2019
TABLE 21: Chinese Builders` and Cabinet Hardware Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027
EUROPE
Market Facts & Figures
European Builders' and Cabinet Hardware Market: Competitor Market Share Scenario (in %) for 2020 & 2025
Market Analytics
TABLE 22: European Builders` and Cabinet Hardware Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 23: Builders` and Cabinet Hardware Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
TABLE 24: European Builders` and Cabinet Hardware Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 25: European Builders` and Cabinet Hardware Market Estimates and Forecasts in US$ Million by Product Segment: 2020-2027
TABLE 26: Builders` and Cabinet Hardware Market in Europe in US$ Million by Product Segment: A Historic Review for the Period 2012-2019
TABLE 27: European Builders` and Cabinet Hardware Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
FRANCE
TABLE 28: Builders` and Cabinet Hardware Market in France by Product Segment: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 29: French Builders` and Cabinet Hardware Historic Market Scenario in US$ Million by Product Segment: 2012-2019
TABLE 30: French Builders` and Cabinet Hardware Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
GERMANY
TABLE 31: Builders` and Cabinet Hardware Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2020-2027
TABLE 32: German Builders` and Cabinet Hardware Historic Market Analysis in US$ Million by Product Segment: 2012-2019
TABLE 33: German Builders` and Cabinet Hardware Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
ITALY
TABLE 34: Italian Builders` and Cabinet Hardware Market Growth Prospects in US$ Million by Product Segment for the Period 2020-2027
TABLE 35: Builders` and Cabinet Hardware Historic Market Analysis in Italy in US$ Million by Product Segment: 2012-2019
TABLE 36: Italian Builders` and Cabinet Hardware Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED KINGDOM
TABLE 37: United Kingdom Market for Builders` and Cabinet Hardware: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2020-2027
TABLE 38: Builders` and Cabinet Hardware Market in the United Kingdom: Historic Sales Analysis in US$ Million by Product Segment for the Period 2012-2019
TABLE 39: United Kingdom Builders` and Cabinet Hardware Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
REST OF EUROPE
TABLE 40: Rest of Europe Builders` and Cabinet Hardware Market Estimates and Forecasts in US$ Million by Product Segment: 2020-2027
TABLE 41: Builders` and Cabinet Hardware Market in Rest of Europe in US$ Million by Product Segment: A Historic Review for the Period 2012-2019
TABLE 42: Rest of Europe Builders` and Cabinet Hardware Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
ASIA-PACIFIC
TABLE 43: Builders` and Cabinet Hardware Market in Asia-Pacific by Product Segment: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 44: Asia-Pacific Builders` and Cabinet Hardware Historic Market Scenario in US$ Million by Product Segment: 2012-2019
TABLE 45: Asia-Pacific Builders` and Cabinet Hardware Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
REST OF WORLD
TABLE 46: Rest of World Builders` and Cabinet Hardware Market Estimates and Forecasts in US$ Million by Product Segment: 2020 to 2027
TABLE 47: Rest of World Builders` and Cabinet Hardware Historic Market Review by Product Segment in US$ Million: 2012-2019
TABLE 48: Builders` and Cabinet Hardware Market in Rest of World: Percentage Share Breakdown of Sales by Product Segment for 2012, 2020, and 2027
IV. COMPETITION
Total Companies Profiled: 467
