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Global Door Handles Market by Application (Residential, Commercial), by Type (Lever Handles, Door Knobs) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CG-74593
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 65
  • No. Of Pages: 242
  • Format:
  • Pub. Date: 2021-10-21
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Summary of the Report

Global door handles market was worth USD 2.6 billion in 2018. It is projected to grow at a compound annual rate (CAGR of 3.9%) between 2019 and 2025. This market growth can be attributed to the booming residential and commercial construction industry, which is driven by rapid urbanization, industrialization, and increasing consumer spending on interior fittings and home remodeling.

Due to their constant purchases of the latest market trends, the market is gaining more popularity among consumers. Companies are also producing fashionable products that have improved and modified designs, patterns, or materials. These products add a rich aesthetic appeal to the infrastructure.

Product durability, security level, smooth functionality, price, ease-of-installation, and attractive designs all impact consumers' purchase decisions. According to consumer purchasing patterns, the median price of entrance door handles was USD 129. This means that they purchased these products at least USD 200. About 30% of knob door sets are purchased for USD 65. The median price is USD 44. These purchase trends show that consumers are willing and able to spend more on door handles. This will drive the door handle market over the next few years.

Manufacturers have been able to offer door handles in sleek, luxurious and contemporary designs as a result of changing customer preferences. Due to their compact design and ability to be customized for any infrastructure, knob-style door handles are becoming more popular. The most popular designs in the market include polished nickel, satin texture, brass and bronze finishes as well as crystal and satin looks in various patterns and shapes. ASSA ABLOY Ltd. and Carlisle Brass Ltd. offer such products.

The popularity of brass metal door handles is growing in the hospitality sector. They add a beautiful artistic touch to the exterior and interior doors of the infrastructure. These door handles will be in high demand due to the growth of tourism and commercial establishments. According to Invest India information, international hotel chains are focusing their efforts on India by 2022. India contributes approximately 50.0% of the country's tourism and hospitality industry. This initiative will contribute to the growth of the global market in the near future.

Type Insights

In 2018, the most popular segment was lever handle doors, which accounted for more than 40%. Segment growth is driven mainly by its advantages. For lever door handles to work, they don't need tight gripping. For doors with narrow stile widths, levers are preferred. There are many back plating options available for door levers that allow you to perform a variety of functions. European countries mainly use lever handles for their exterior doors. Swing doors are a popular choice in European countries. They mainly use lever handles. The segment will continue to be driven by ease of use, both in terms of strength as well as dexterity, in the future.

The fastest expected CAGR for doorknobs is 4.2% during the forecast period. This is due to product innovations in design, style, and appearance. As it matches the appearance and style of the doorknobs and the surrounding furniture, door knobs will be a popular choice in residential. Modern designs are being added to knobs by companies with the aim of giving doors an elegant appearance.

Application Insights

In 2018, the residential sector held more than 50% of the market share. The largest share of the total market was more than 50% in 2018. Oxford Place, M City Mixed Use Development - Phase 2+ Rockcliffe Lands Redevelopment and The Well are just a few of the residential projects that have a total project value exceeding 1 billion Canadian dollars.

The growth of the tourism industry drives the construction of commercial buildings, such as hotels and restaurants. Brazil, for example, has opened 54 hotels in 2018, adding 10,591 rooms to its hotel and restaurant portfolio. Soon, hotels such as Park Hyatt and Hyatt Regency will open. The product demand will increase due to the increasing number of construction projects.

Regional Insights

Asia Pacific was responsible for 31.4% of the global market share in 2018, and it is expected to experience significant growth during the forecast period. This is due to the growing establishment of commercial and residential infrastructures, and the booming tourism industry. Hotel Management Japan, an operating company, plans to invest in three new hotels in Andhra Pradesh. This is expected to make it one of the most popular tourist destinations. The state's tourism department also plans to increase the number of guestrooms by 2025. These projects will drive demand for door handles over the next few years.

Market Share Insights & Key Companies

Product upgradation is a key activity of companies to maintain market competition and to cater to changing consumer preferences for elegant designs. Yanko Design, for example, developed Zento, an illuminated door handle with an independent wireless power source that can be used in cases of electricity blackout and firesmoke. The market leader in door handles is:

  • ASSA ABLOY Group

  • Hafele

  • Allegion plc.

  • Sobinco

  • LATHAMS SECURITY DOORSETS Ltd.

  • Kuriki Manufacture Co.

  • WEST inx

  • Ace Hardware

  • India International House Ltd

Up Market Research published a new report titled “Door Handles Market research report which is segmented by Application (Residential, Commercial), by Type (Lever Handles, Door Knobs), By Players/Companies Hafele, Sobinco, Kuriki Manufacture Co, WEST inx, Ace Hardware, Allegion plc, India International House Ltd, ASSA ABLOY Group, LATHAMS SECURITY DOORSETS Ltd”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitleDoor Handles Market Research Report
By ApplicationResidential, Commercial
By TypeLever Handles, Door Knobs
By CompaniesHafele, Sobinco, Kuriki Manufacture Co, WEST inx, Ace Hardware, Allegion plc, India International House Ltd, ASSA ABLOY Group, LATHAMS SECURITY DOORSETS Ltd
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages242
Number of Tables & Figures170
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Door Handles Industry Outlook

Global Door Handles Market Report Segments:

The market is segmented by Application (Residential, Commercial), by Type (Lever Handles, Door Knobs).

Door Handles Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Door Handles Market

Overview of the regional outlook of the Door Handles Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Door Handles Market Overview

Highlights of The Door Handles Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Door Handles Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Application:

                1. Residential

                2. Commercial

        7. By Type:

                1. Lever Handles

                2. Door Knobs

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Door Handles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Door Handles Market Trends

Reasons to Purchase the Door Handles Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Door Handles Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Door Handles Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Door Handles Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Door Handles Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Door Handles Market Size & Forecast, 2018-2028 
      4.5.1 Door Handles Market Size and Y-o-Y Growth 
      4.5.2 Door Handles Market Absolute $ Opportunity 


Chapter 5 Global Door Handles Market Analysis and Forecast by Application
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Application
      5.1.2 Basis Point Share (BPS) Analysis by Application
      5.1.3 Absolute $ Opportunity Assessment by Application
   5.2 Door Handles Market Size Forecast by Application
      5.2.1 Residential
      5.2.2 Commercial
   5.3 Market Attractiveness Analysis by Application

Chapter 6 Global Door Handles Market Analysis and Forecast by Type
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Type
      6.1.2 Basis Point Share (BPS) Analysis by Type
      6.1.3 Absolute $ Opportunity Assessment by Type
   6.2 Door Handles Market Size Forecast by Type
      6.2.1 Lever Handles
      6.2.2 Door Knobs
   6.3 Market Attractiveness Analysis by Type

Chapter 7 Global Door Handles Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Door Handles Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Door Handles Analysis and Forecast
   9.1 Introduction
   9.2 North America Door Handles Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Door Handles Market Size Forecast by Application
      9.6.1 Residential
      9.6.2 Commercial
   9.7 Basis Point Share (BPS) Analysis by Application 
   9.8 Absolute $ Opportunity Assessment by Application 
   9.9 Market Attractiveness Analysis by Application
   9.10 North America Door Handles Market Size Forecast by Type
      9.10.1 Lever Handles
      9.10.2 Door Knobs
   9.11 Basis Point Share (BPS) Analysis by Type 
   9.12 Absolute $ Opportunity Assessment by Type 
   9.13 Market Attractiveness Analysis by Type

Chapter 10 Europe Door Handles Analysis and Forecast
   10.1 Introduction
   10.2 Europe Door Handles Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Door Handles Market Size Forecast by Application
      10.6.1 Residential
      10.6.2 Commercial
   10.7 Basis Point Share (BPS) Analysis by Application 
   10.8 Absolute $ Opportunity Assessment by Application 
   10.9 Market Attractiveness Analysis by Application
   10.10 Europe Door Handles Market Size Forecast by Type
      10.10.1 Lever Handles
      10.10.2 Door Knobs
   10.11 Basis Point Share (BPS) Analysis by Type 
   10.12 Absolute $ Opportunity Assessment by Type 
   10.13 Market Attractiveness Analysis by Type

Chapter 11 Asia Pacific Door Handles Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Door Handles Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Door Handles Market Size Forecast by Application
      11.6.1 Residential
      11.6.2 Commercial
   11.7 Basis Point Share (BPS) Analysis by Application 
   11.8 Absolute $ Opportunity Assessment by Application 
   11.9 Market Attractiveness Analysis by Application
   11.10 Asia Pacific Door Handles Market Size Forecast by Type
      11.10.1 Lever Handles
      11.10.2 Door Knobs
   11.11 Basis Point Share (BPS) Analysis by Type 
   11.12 Absolute $ Opportunity Assessment by Type 
   11.13 Market Attractiveness Analysis by Type

Chapter 12 Latin America Door Handles Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Door Handles Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Door Handles Market Size Forecast by Application
      12.6.1 Residential
      12.6.2 Commercial
   12.7 Basis Point Share (BPS) Analysis by Application 
   12.8 Absolute $ Opportunity Assessment by Application 
   12.9 Market Attractiveness Analysis by Application
   12.10 Latin America Door Handles Market Size Forecast by Type
      12.10.1 Lever Handles
      12.10.2 Door Knobs
   12.11 Basis Point Share (BPS) Analysis by Type 
   12.12 Absolute $ Opportunity Assessment by Type 
   12.13 Market Attractiveness Analysis by Type

Chapter 13 Middle East & Africa (MEA) Door Handles Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Door Handles Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Door Handles Market Size Forecast by Application
      13.6.1 Residential
      13.6.2 Commercial
   13.7 Basis Point Share (BPS) Analysis by Application 
   13.8 Absolute $ Opportunity Assessment by Application 
   13.9 Market Attractiveness Analysis by Application
   13.10 Middle East & Africa (MEA) Door Handles Market Size Forecast by Type
      13.10.1 Lever Handles
      13.10.2 Door Knobs
   13.11 Basis Point Share (BPS) Analysis by Type 
   13.12 Absolute $ Opportunity Assessment by Type 
   13.13 Market Attractiveness Analysis by Type

Chapter 14 Competition Landscape 
   14.1 Door Handles Market: Competitive Dashboard
   14.2 Global Door Handles Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Hafele
      14.3.2 Sobinco
      14.3.3 Kuriki Manufacture Co
      14.3.4 WEST inx
      14.3.5 Ace Hardware
      14.3.6 Allegion plc
      14.3.7 India International House Ltd
      14.3.8 ASSA ABLOY Group
      14.3.9 LATHAMS SECURITY DOORSETS Ltd
Segments Covered in the Report
The global Door Handles market has been segmented based on

By Application
  • Residential
  • Commercial
By Type
  • Lever Handles
  • Door Knobs
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Hafele
  • Sobinco
  • Kuriki Manufacture Co
  • WEST inx
  • Ace Hardware
  • Allegion plc
  • India International House Ltd
  • ASSA ABLOY Group
  • LATHAMS SECURITY DOORSETS Ltd

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