The accessories and components utilized to improve furniture's usability, appearance, and general performance are furniture fittings. These fixtures are essential to the design, construction, and functionality of many types of furniture, including tables, chairs, beds, cabinets, drawers, and wardrobes. Furniture fittings are essential for maintaining furniture's strength, stability, and durability and their convenience and usability. They allow for flexible shelves and partitions, easy opening and closing of doors and drawers, effective storage solutions, and ergonomic designs. Additionally, furniture fittings add to the overall aesthetic appeal of the furniture by complementing diverse design ideas with various designs, finishes, and ornamental components. Overall, the desire for high-quality, useful, and aesthetically pleasing parts that improve the functionality and appeal of furniture has created a lively and competitive sector for furniture fittings.
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Data Bridge Market Research analyzes that the Global Furniture Fittings Market is expected to grow at a CAGR of 5.3% in the forecast period of 2023 to 2030 and is expected to reach USD 13,645.93 million by 2030. The handles and pulls segment is projected to propel the market growth as they are widely used and provide an aesthetic or stylish look to the furniture.
Key Findings of the Study
Rising Furniture Industry
The expanding furniture industry directly impacts the need for furniture fittings. Furniture fittings are increasingly in demand as the furniture industry expands and more furniture types are being produced. Fittings for furniture, like hinges, drawer slides, handles, and knobs, are crucial parts that give functionality and improve the use of the furniture as a whole. A wider range of furniture types and designs result from the growing furniture industry. Many furniture fittings are required to satisfy various design aesthetics and practical specifications due to this variability, Furniture fitting producers must provide a wide range of designs, coatings, and sizes to meet the various demands of furniture makers.
Customers have increasing expectations for furniture quality and longevity as the industry expands. The strength and longevity of furniture components are greatly influenced by the furniture fittings. Furniture fittings producers should concentrate on making high-quality, long-lasting fittings that can endure frequent usage and keep functioning over time.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Year
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2021 (Customizable to 2015 – 2020)
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Quantitative Units
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Revenue in USD Million
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Segments Covered
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Product (Handles and Pulls, Screws or Fasteners, Hinges, Connectors, Drawer Slides, Knobs, Legs, and Others), Material (Stainless Steel, Aluminum Alloy, Zinc Alloy, Plastic, Iron, and Others), Application (Bedroom, Living Room, Dining Room, Dining Room, Hotel, Office, Bathroom, and Others), End User (Residential/Household and Commercial), Distribution Channel (Direct and Indirect)
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Countries Covered
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U.S., Canada, Mexico, Germany, France, U.K., Italy, Russia, Spain, Netherlands, Switzerland, Belgium, Turkey, Denmark, Norway, Finland, Sweden and Rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Malaysia, Thailand, Indonesia, Philippines, New Zealand, Hong Kong, Taiwan, Vietnam and the Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Qatar, Kuwait, Oman, Bahrain and Rest of Middle East and Africa, Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Costa Rica, Panama and Rest of South America
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Market Players Covered
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Julius Blum GmbH (Austria), FGV (India), Kanpe & Vogt Manufacturing Company (U.S.), Häfele(Germany), Bohle Ltd. (U.K.), Grass (Austria), SALICE- P.IVA (Italy), Devatha Industries (India), General Devices (U.S.), ERA Teknik Metal Dis Ticaret A.S. (Turkey), ACCURIDE INTERNATIONAL INC (U.S.), Hettich Holding GmbH & Co. oHG (Germany), Ebco- Furniture Fittings and Accessories (India), Sugatsune America,Inc. (U.S.), Guangdong SACA precision manufacturing Co., Ltd (China), Guandong Dongatai Hardware Group (China),among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis
The global furniture fittings market is five notable segments based on product, material, application, end user, and distribution channel.
- Based on product, the market is segmented into handles and pulls, screws or fasteners, hinges, connectors, drawer slides, knobs, legs, and others.
In 2023, the handles and pulls segment is expected to dominate the global furniture fittings market
In 2023, the handles and pulls segment is expected to dominate the market with a market share of 24.93%, the handles and pulls segment is expected to dominate the market due to the growing demand and adoption of aesthetic furniture among the population.
- Based on material, the market is segmented into Stainless Steel, aluminum alloy, zinc alloy, plastic, iron, and others.
In 2023, the zinc alloy segment is expected to dominate the global furniture fittings market
In 2023, the zinc alloy segment is expected to dominate the market with a market share of 30.60%, the zinc alloy segment is expected to dominate the market due to the higher prevalence and options available for the customers to customize according to the chosen material
- Based on application, the market is segmented into bedroom, living room, dining room, hotel, office, bathroom, and others. In 2023, the bedroom segment is expected to dominate the market with a market share of 30.14%.
- Based on end user, the market is segmented into residential/ household and commercial. In 2023, the residential/household segment is expected to dominate the market with a market share of 61.18%.
- Based on distribution channel, the market is segmented into direct and indirect. In 2023, the indirect segment is expected to dominate the market with a market share of 68.33%.
Major Players
Data Bridge Market Research recognizes the following companies as the major furniture fittings market players in the global furniture fittings market that include Julius Blum GmbH (Austria), FGV (India), Kanpe & Vogt Manufacturing Company (U.S.), Häfele(Germany), Bohle Ltd. (U.K.), Grass (Austria), SALICE- P.IVA (Italy), Devatha Industries (India), General Devices (U.S.), ERA Teknik Metal Dis Ticaret A.S. (Turkey), ACCURIDE INTERNATIONAL INC (U.S.), Hettich Holding GmbH & Co. oHG (Germany), Ebco- Furniture Fittings and Accessories (India), Sugatsune America,Inc. (U.S.), Guangdong SACA precision manufacturing Co., Ltd (China), Guandong Dongatai Hardware Group (China),among others.
Market Development
- In January 2023, Hafele highlighted the possibilities for personalization in the kitchen, bathroom, wardrobe, and other areas. A wide choice of completely personalized solutions, Häfele's Service+ is here to make your projects more useful, attractive, and unquestionably more effective. This has allowed the business to offer its clients more individualized and practical ideas and solutions.
- In January 2023, the ornamental hardware being displayed in Häfele's 2023 KBIS booth will allow show visitors to experience an extremely diversified range of trending items in many unique ways. The Häfele Twenty One collection, a selection of transitional to modern pieces that designers can only discover with us, will be the main collection on display at the show. t It also consists solely of items created by designers specifically for designers.
- In January 2023 ERA Teknik Metal Dis Ticaret A.S. announced the debut of the new catalogue for the year. The company wants to grow its business to develop a new models, increase its worth, and strengthen its position in the market.
- In March 2023, Bohle Ltd. Announced they would participate in the FIT Show. The business is well known for providing water processing equipment to the glass processing sector. It sells Juliet balconies, internal partitioning systems, sliding door systems, balustrades, and shower hardware to glass processors and home renovation businesses. The corporation wants to grow its business by providing a new, cutting-edge product line.
- In August 2022, Bohle Ltd. increased and improved the demand for MasterTrack BT, a second addition to Bohle's MasterTrack sliding door line alongside the MasterTrack FT. It uses an advanced sliding mechanism with the option of a hydraulic dampening system. This has aided the business in illuminating the qualities and benefits of its product.
Regional Analysis
Geographically, the countries covered in the global furniture fittings market report are the U.S., Canada, Mexico, Germany, France, U.K., Italy, Russia, Spain, Netherlands, Switzerland, Belgium, Turkey, Denmark, Norway, Finland, Sweden and Rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Malaysia, Thailand, Indonesia, Philippines, New Zealand, Hong Kong, Taiwan, Vietnam and the Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Qatar, Kuwait, Oman, Bahrain and Rest of Middle East and Africa, Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Costa Rica, Panama and Rest of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in the global furniture fittings market during the forecast period of 2023 to 2030
North America is expected to dominate the market owing to the higher level of investments by U.S. manufacturers and the increasing advancement in the U.S. North America will continue to dominate the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the growing adoption of advanced technology in this region.
Asia-Pacific is estimated to be the fastest-growing region in the global furniture fittings market during the forecast period of 2023 to 2030
Asia-Pacific is expected to grow during the forecast period due to the rapid development and demand of furniture industry in this region. In addition to this, the increasing renovation and remodeling activities and integration of IoT and smart technology are expected to propel the market growth in this region.
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