Healthy Construction Sector in Developing Countries Drives the Builders’ and Cabinet Hardware Market, According to an Upcoming Report by Global Industry Analysts, Inc.

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GIA initiates research coverage on the global “Builders’ and Cabinet Hardware” market, as part of its ongoing multiple research projects on diverse industries. The soon to be released report identifies healthy construction sector in developing economies and increase in renovation and home improvement projects in developed countries, as primary growth drivers in the market.

Builders’ and Cabinet Hardware: A Global Multi-Client Research Initiative

Follow us on LinkedIn – GIA is pleased to announce the launch of a major research program analysing the trends impacting the market for “Builders’ and Cabinet Hardware”. Invited to participate in this comprehensive grassroots level global research initiative are senior industry executives, domain experts, technologists and market strategists. The new report to be issued shortly will offer accurate assessment of global market developments including major technologies, trends and challenges, together with descriptive, exploratory, and quantitative analysis of major product and geographic market segments. For details about how you can participate in this primary research program to include your inputs prior to the publication, please click here.

Global market for builders’ and cabinet hardware is largely dependent on the health of the construction industry. New construction and renovations create opportunities for demand growth. The market is characterized by intense competition with manufacturers continuously focussing on the development of new materials, product shapes, styles and designs in a bid to differentiate their products in a crowded marketplace. Rise in burglary, theft and intrusion is creating a strong market for safety and security hardware such as window guards, and locksets. Recovery in home valuations in the United States is encouraging investments in renovations and upgrades. Aesthetically designed window and curtain hardware such as fasteners, handles, hinges, locks, hooks, rods and poles are witnessing increased demand, as homeowners splurge on enhancing the aesthetic appeal of homes in attempts to boost future resale value. Especially poised to benefit are decorative yet functional builders and brass hardware. Artistically designed antique hardware that offer quality, performance, value and beauty are currently in vogue. Developing markets are forecast to fuel future growth in the market led by an expanding base of affluent middle class population with preference for well- designed homes. A key emerging trend is the growing demand from an expanding base of Do-it-Yourself (DIY) consumers. Rising labour costs is a key factor fuelling the DIY home improvement culture thus strengthening sales of do-it-yourself products for interior decoration.

The upcoming report will offer coverage on major companies including Ashland Hardware Systems, Assa Abloy AB, Ingersoll-Rand Company Limited, Security Door Controls, Stanley Black & Decker Inc., and Sugatsune America Inc., among others.

In addition, the study will also provide:

  • Valuable market based intelligence on new emerging trends, growth drivers, issues and challenges.
  • Current coverage on company information and latest news and events including strategic corporate developments, and product innovations
  • Fresh research perspectives, statistical findings, analyst analysis, and commentaries
  • Accurate market estimates, projections, and forecasts across product segments (Builders' Hardware (Door Locking Devices, Door Hinges and Closers, Window Hardware, and Other Builders' Hardware), and Cabinet Hardware (Cabinet Locks, Cabinet Knobs Pulls and Catches, Cabinet Hinges, and Other Cabinet Hardware)) and major geographic markets (the United States, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World).

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
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