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The global architectural hardware market size reached US$ 16.22 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 22.07 Billion by 2027, exhibiting a growth rate (CAGR) of 5.12% during 2022-2027.
Architectural hardware refers to products that are used in the construction of buildings and homes. It includes door handles, locks, hinges, latches, knobs, floor springs, furniture fittings, panic bars, and glass hardware railings. It is commonly manufactured using brass, steel, aluminum, stainless steel, and iron. Architectural hardware is widely used to add opening, closing, and locking functionalities to doors, windows, and showers. It is durable and user-friendly, improves aesthetics, increases convenience, and enhances the security and safety of homes and buildings.
Significant growth in the construction industry across the globe is creating a positive outlook for the market. Architectural hardware is widely used for constructing doors, windows, plumbing, and furniture that are essential parts of rooms, kitchens, bathrooms, and laundry. In line with this, the increasing infrastructural development activities, such as airports, seaports, educational institutes, healthcare facilities, parks, and stadiums, are acting as another growth-inducing factor. Furthermore, the shifting consumer preference from ornate fittings to contemporary patterns to enhance the visual appearance, along with the launch of sleek and luxurious hardware in unique colors, textures, designs, and materials, is positively influencing the market growth. Apart from this, the introduction of smart architectural hardware, such as digital locks and door viewers, that are user-friendly, provides remote access through smartphones, and enhances the security of homes, garages, and other buildings is providing a thrust to the market. Moreover, manufacturers are introducing architectural hardware polished with a matte texture, brass, nickel, and bronze finishes, and crystal and satin look available in various geometric shapes and patterns, which is propelling the market growth. Other factors, including rising investments in the real estate sector, growing refurbishment and reconstruction of several historical and public infrastructures, significant growth in the construction of smart and green buildings, and extensive research and development (R&D) activities, are anticipated to drive the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global architectural hardware market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on application and end user.
Breakup by Application:
Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Allegion plc, Assa Abloy AB, Bohle Ltd., CRH plc, Godrej & Boyce Mfg. Co. Ltd., Häfele GmbH & Co KG, Hettich Holding GmbH and Co. oHG, HOPPE Holding AG, Spectrum Brands Inc. and Taiwan Fu Hsing Industrial Co. Ltd.
|Base Year of the Analysis||2021|
|Segment Coverage||Application, End User, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Allegion plc, Assa Abloy AB, Bohle Ltd., CRH plc, Godrej & Boyce Mfg. Co. Ltd., Häfele GmbH & Co KG, Hettich Holding GmbH and Co. oHG, HOPPE Holding AG, Spectrum Brands Inc. and Taiwan Fu Hsing Industrial Co. Ltd.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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