The global market for Builders' and Cabinet Hardware was valued at US$25.0 Billion in 2024 and is projected to reach US$34.5 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Global Builders' and Cabinet Hardware Market - Key Trends and Drivers Summarized
What Are Builders' and Cabinet Hardware and Why Are They Essential?
Builders' and cabinet hardware are crucial components in the construction and design of buildings and furniture, ensuring functionality, durability, and aesthetic appeal. These hardware items include hinges, locks, handles, knobs, drawer slides, and various fasteners, each playing a specific role in the structural integrity and usability of doors, cabinets, and other fixtures. High-quality hardware is essential for smooth operation and long-term reliability, preventing issues like sticking doors, misaligned drawers, and security vulnerabilities. In addition to their functional roles, these components also contribute significantly to the overall design and style of interior spaces, with a wide range of finishes and styles available to complement different architectural and decor themes.How Are Innovations Enhancing Builders' and Cabinet Hardware?
Technological advancements and innovative designs are continually enhancing the builders' and cabinet hardware industry. Modern manufacturing techniques, such as precision casting and automated machining, produce hardware with higher accuracy and consistency. Smart technology integration is becoming increasingly popular, with electronic locks, touch-activated drawers, and soft-close mechanisms offering improved functionality and user convenience. Materials science has also contributed significantly, with the development of corrosion-resistant coatings and durable composites that extend the lifespan of hardware products. Furthermore, 3D printing technology is being explored for custom hardware solutions, allowing for bespoke designs that cater to specific needs and preferences, thus elevating the customization potential within residential and commercial projects.What Trends Are Shaping the Builders' and Cabinet Hardware Market?
Several key trends are shaping the builders' and cabinet hardware market, reflecting broader changes in consumer preferences and industry practices. Sustainability is a major trend, with increasing demand for eco-friendly materials and production processes that minimize environmental impact. This includes the use of recycled metals and sustainably sourced wood components. Another significant trend is the emphasis on design and aesthetics, with consumers seeking hardware that not only performs well but also enhances the visual appeal of their spaces. Minimalist and modern designs are particularly popular, emphasizing clean lines and unobtrusive hardware. Additionally, there is a growing preference for multifunctional hardware that can provide added value, such as handles with integrated lighting or locks that offer both traditional and smart functionality.What Drives the Growth in the Builders' and Cabinet Hardware Market?
The growth in the builders' and cabinet hardware market is driven by several factors, including rising construction activities, increasing home renovation projects, and advancements in hardware technology. The surge in residential and commercial construction, particularly in emerging economies, boosts the demand for high-quality hardware. Additionally, the trend towards home improvement and DIY projects, fueled by greater access to information and inspiration from online platforms, leads to increased sales of cabinet and builders' hardware. Technological innovations that enhance the functionality, durability, and aesthetic appeal of hardware products also contribute to market expansion. Furthermore, the growing emphasis on security and smart home solutions drives the adoption of advanced locking mechanisms and smart hardware. Economic growth, urbanization, and rising disposable incomes further stimulate demand, ensuring robust market growth and continual innovation in the builders' and cabinet hardware industry.Report Scope
The report analyzes the Builders' and Cabinet Hardware market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments
Product Segment (Builders' Hardware, Cabinet Hardware).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Builders' Hardware segment, which is expected to reach US$28.4 Billion by 2030 with a CAGR of a 5.7%. The Cabinet Hardware segment is also set to grow at 4.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $6.8 Billion in 2024, and China, forecasted to grow at an impressive 5.1% CAGR to reach $5.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Adams Rite, Allegion plc, Ashland Hardware Systems, ASSA ABLOY AB, CompX International, Inc. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Builders' and Cabinet Hardware Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Builders' and Cabinet Hardware Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Builders' and Cabinet Hardware Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 212 major companies featured in this Builders' and Cabinet Hardware market report include:
- 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
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 358 |
| Published | February 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 25 Billion |
| Forecasted Market Value ( USD | $ 34.5 Billion |
| Compound Annual Growth Rate | 5.5% |
| Regions Covered | Global |
