The North America Door Handles Market would witness market growth of 3.6% CAGR during the forecast period (2022-2028).
Exterior doors typically have a keyed entry handle that can be locked from the outside and the inside using a turn-piece or button. The choice is typically between a mortise lock, which necessitates a specific groove in the door, and a tubular lock. Bedrooms, restrooms, and home offices all have privacy handles that lock from one side by depressing or rotating the privacy button. A non-locking solution for corridors, closets, pantries, laundry facilities, and other places is a plain or passage handle.
The most popular kind of door hardware is aluminum/metal hardware. It is typically utilized in residential, commercial, and high-end doors. Aluminum has a high level of corrosion and rust resistance, making it resistant to extreme weather conditions. Additionally, compared to other materials like metal or wood, aluminum is lighter and requires less installation, making it easier to maneuver through confined places inside of homes.
Aluminum door knobs, which require little maintenance and have a long lifespan, are becoming more popular among manufacturers as customers' awareness of energy efficiency and green building principles grow. Due to increased concerns about security and safety, rising automation trends, and increasing energy efficiency demands, PVC door hardware is becoming more and more popular with consumers.
With the increasing population a rise in the construction of single-family homes, manufactured homes such as mobile homes and pre-built homes, duplexes, quadplexes, apartment buildings, and condominiums is seen. Spending on new residential development in the United States has also increased. Residential development often includes home renovation as a significant component as well. These factors facilitate a surge in the house component industry as well, which includes door handles. Therefore, this region would present an expedited growth opportunity for the door handles market.
The US market dominated the North America Door Handles Market by Country in 2021; thereby, achieving a market value of $1,942.5 million by 2028. The Canada market is experiencing a CAGR of 6% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5.1% during (2022 - 2028).
Based on Product, the market is segmented into Lever Handles, Door Knobs, Sliding Door Handles and Pull Handles. Based on Material, the market is segmented into Metal, Plastic, Fiber and Others. Based on Application, the market is segmented into Residential and Commercial. The report also covers geographical segmentation of Door Handles market. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Door Handles Market is Estimated to reach $9.4 Billion by 2028, at a CAGR of 4.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Assa Abloy AB, Häfele SE & Co KG, Allegion Plc, Aar Kay Vox, Hoppe Holding AG, Latham's Steel Security Doors, Kuriki Manufacture Co., Ltd., Ace Hardware Corp., West corporation and Sugatsune America, Inc.
By Product
By Material
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By Country
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