Global Cabinet Hardware Market Infographics Description:
- The Global Cabinet Hardware Market was valued at US$ 8,152.3 Mn in 2019.
- Worldwide Global Cabinet Hardware Market is projected to reach US$ 14,224.0 Mn in 2029 at a CAGR of 5.8% from 2020 to 2029.
- Amongst product the cabinet runners in the global cabinet hardware market is estimated to account for a majority revenue share of 35.3% in 2019 end, owing to robust growth in applications such as residential, commercial and other applications.
- Among all the application segments, the residential is expected to register the highest CAGR of over 6.0%, owing to Increasing investments by key manufacturers to offer customized hardware product solutions in terms of different colors, designs, patterns, dimensions, etc. This is a factor expected to propel revenue growth of the target market to a significant extent APAC market is expected to dominate the global cabinet hardware market and is expected to account for the largest market revenue share as compared to that of markets in other regions.
- Companies profiled in the report are Blum, Hettich, GRASS, Hfele, Assa Abloy, Allegion, Spectrum Brands Holdings (HHI), Salice, The J. G.Edelen, and Yajie.