Door Accessories Market Analysis: Its CAGR, Market Segmentation and Global Industry Overview

Market Overview and Report Coverage

Door accessories refer to the additional components or features that can be added to doors to enhance their functionality, security, and aesthetics. These include items such as hinges, door knobs, handles, locks, door closers, and door stops.

The Door Accessories Market is expected to grow at a CAGR of % during the forecasted period. The current outlook of the market shows a steady growth driven by increasing demand for home renovation and improvement projects, as well as the growing real estate sector. The market is also benefiting from technological advancements in smart door accessories, which offer enhanced security and convenience through features such as keyless entry systems and remote control access.

The future of the door accessories market looks promising, with a focus on eco-friendly materials and energy-efficient designs to meet the growing trend of sustainability. Manufacturers are also investing in innovative designs and customization options to cater to the diverse preferences of consumers. Overall, the market is expected to continue its growth trajectory, driven by urbanization, increasing disposable incomes, and a growing emphasis on home security and aesthetics.

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Market Segmentation

The Door Accessories Market Analysis by types is segmented into:

• Door Handle
• Doorcasing
• Door Lock
• Door Stops and holders
• Hinge
• Surface Bolts
• Address Plaques and House Numbers/Letters
• Door Pulls and Push Plates
• Doorbell Buttons

The door accessories market is segmented into various types including door handles, door casings, door locks, door stops and holders, hinges, surface bolts, address plaques and house numbers/letters, door pulls and push plates, and doorbell buttons. These accessories play a crucial role in providing functionality, security, and aesthetic appeal to doors. The market for these products is driven by factors such as growing construction and renovation activities, increasing focus on home décor, and advancements in technology leading to smart door accessories.

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The Door Accessories Market Industry Research by Application is segmented into:

• Household Door
• Commercial Doors
• Others

Door accessories are essential components used in various applications such as household doors, commercial doors, and others. In household doors, accessories such as handles, locks, hinges, and knobs are used to enhance functionality and aesthetics. Commercial doors require accessories for security and durability purposes. Accessories for other applications include industrial doors, garage doors, and specialized doors like barn doors. The door accessories market caters to a wide range of applications to meet the diverse needs of consumers across different sectors.

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In terms of Region, the Door Accessories Market Players available by Region are:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

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What are the Emerging Trends in the Global Door Accessories market?

The global door accessories market is witnessing a number of emerging and current trends. One of the key trends is the increasing demand for smart door accessories, such as keyless entry systems and remote-controlled locks, driven by the growing adoption of home automation technology. Another trend is the rising popularity of customizable and decorative door accessories, like designer handles and trendy doorknobs, as consumers seek to make a style statement with their home decor. Additionally, there is a growing focus on eco-friendly and sustainable door accessories made from recycled materials, in response to the increasing emphasis on environmental conservation.

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Major Market Players

The door accessories market is experiencing significant growth due to increasing demand for stylish and secure door hardware. Some key players in the market include Maruki, Hafele, Kwikset, Assa Abloy, and Schlage.

Hafele, a German company, is a leading provider of door hardware solutions. The company has been experiencing steady growth in the market due to its innovative products and high-quality standards. With a wide range of products such as handles, knobs, locks, and hinges, Hafele has been able to cater to various customer needs and preferences.

Kwikset, a subsidiary of Spectrum Brands Holdings, is another major player in the door accessories market. The company is known for its smart door locks and electronic security solutions. Kwikset has been experiencing rapid growth in the market due to the increasing popularity of smart home devices and the demand for enhanced home security.

In terms of market size, the door accessories market is expected to reach a value of $ billion by 2024, with a CAGR of 4.6% during the forecast period. The increasing focus on home security and the growing construction industry are driving the growth of the market.

Some of the sales revenue figures for the above-listed companies include Hafele with annual sales revenue of over $1.1 billion, Assa Abloy with annual sales revenue of over $10 billion, and Schlage with annual sales revenue of over $2 billion.

Overall, the door accessories market is highly competitive, with key players focusing on product innovation, strategic partnerships, and expansion into new markets to gain a competitive edge. As the market continues to grow, these companies are expected to introduce new and advanced door hardware solutions to meet the evolving needs of customers.

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