Report ID: DSR14
Published : Jul 2025
Pages : 225
Category : Technology, Media, and Telecommunications
Format :
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The Door Handles Market size is poised to reach USD 8,390.40 Million by 2024, with a projected escalation to USD 12,283.56 Million by 2032, reflecting a compound annual growth rate (CAGR) of 4.88% during the forecast period (2025-2032).
MARKET OVERVIEW:
Various macroeconomic and evolving consumer trends are seen as the drivers of such a healthy growth in the market. The market driver which is perpetual is the booming of the construction and real estate sector particularly in the periphery like the Asia-Pacific expanding, the Middle East and the Latin America. Demand in residential, commercial and industrial infrastructure is increasing at an alarming rate as urbanization gathers pace and disposable income on the one hand and disposition to move into the cities on the other hand is also increasing at an alarming rate. This in turn is leading to the increase in the use of superior quality assurance, better-built door hardware and door handles since the builders and households are interested in renovating and developing models with appealing looks on the one hand and with practicality and functionality on the other hand. This is increased home improvement which will make a rather significant impact on the rising demand of door handles among the residential customers. With homeowners continuing to pursue several improvement projects, the demand for fashionable updates to fixtures is increasing; especially where door handles are a prominent product benefitting from the ongoing growth in residential improvement projects.
REPORT ATTRIBUTE | DETAILS |
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Market Size In (2024) | USD 8,390.40 Million |
(2032) Value Projection: | USD 12,283.56 Million |
Largest Region | North America with 45.00% Market Share in 2024. |
Fastest Growing Region | North America witnessing 6.45% during the forecasted period. |
Global Growth Rate (CAGR) | 4.88% |
Forecast Period: | 2025 - 2032 |
Historical Period: | 2022-2024 |
Growth Drivers |
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Growth Restraints |
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Segments Covered |
By Distribution Channel(Offline, Online) |
Geographies Covered |
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Market Analysis |
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Competitive Analysis |
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Customization Scope | Available on your market scope and requirements |
Booming Construction and Real Estate Industries
A rapidly growing construction industry all over the globe is the biggest force behind the door handles market. This comprises industrial, residential and commercial structures. The rate of urbanization is increasing and more especially in the emerging economies in Asia Pacific, it means that the more offices, apartments/homes, hospitals, hotel properties and other places open to the population, the more they will need doors and handles and consequently the door handles. This growth increases with the increase in government programs and investment in infrastructural development by the private sector. New developments also unfold with respect to green building components exposed to the security and automation side of the house as well as new developments in unique locking systems and sustainable matter. This gives a stimulus to the already rocketing world door handles market; supported by an amalgamation of technology and the sheer rate of growth and construction in the global real estate development market.
Volatility in Raw Material Prices and High Manufacturing Costs
A rapidly growing construction industry all over the globe is the biggest force behind the door handles market. This comprises industrial, residential and commercial structures. The rate of urbanization is increasing and more especially in the emerging economies in Asia Pacific, it means that the more offices, apartments/homes, hospitals, hotel properties and other places open to the population, the more they will need doors and handles and consequently the door handles. This growth increases with the increase in government programs and investment in infrastructural development by the private sector. New developments also unfold with respect to green building components exposed to the security and automation side of the house as well as new developments in unique locking systems and sustainable matter. This gives a stimulus to the already rocketing world door handles market; supported by an amalgamation of technology and the sheer rate of growth and construction in the global real estate development market.
Lever handles Occupy Major Share of 33.00% in the Market during the Forecast Period
A lever handles had the biggest market share in 2024. The boom in this section can greatly be attributed to increased consumer demand of lever door handles on basis that they have minimalist design and high durability. Moreover, there are numerous manufacturers and distributors now starting to bring several kinds of designs of the lever handles according to different types of architectural styles. A wide variety of back plates are also available to enable a wide variety of functional purposes in the use of the lever door handle. There is wide application of lever handles in the European markets currently and they are usually preferred to be used in the external doors thus in demand are lever door handles.
Metal Material Occupy Major Share of the Market during the Forecast Period
In 2024, metal handles dominated the biggest sector of door hardware industry. Metal door handles are expected to play a market representative role in the global market of door handles within the forecast period due to their distinctive characteristics as well as changes in the market aspect. Stainless steel, aluminium, brass and bronze are good solutions to be used in both houses and businesses as they resist wear and corrosion, an essential aspect, especially in areas with heavy volumes. This is a high performance, which makes it long-lasting and that consumers may not need to replace that frequently, which is very appealing to the consumer. The segment is large given that metal handles have experienced rising number of clients because of their physical properties, that is, durability, longevity and flexibility. These door handles are designed on the basis of customisation requirements as per specifications of the customers e.g. application, size, design of product. Their corrosion resistance as well as the augmented appearance of these products make them an optimal selection in a security application. The use of metal handles allows the overall structure to have a handle that can withstand both fire and impacts.
Residential Application Occupy Major Share of 29.44% the Market during the Forecast Period
It had a market share of residential demand of door handles in 2024. The residential segment is mainly motivated by increased renovation of homes, new constructions, and increased consumer concern with homes design and security, which lead to the demand of door handles. With the modern homeowner trying to improve in as much as his house can, prioritising on standard features (such as door handles) and fixtures that endear themselves to the owner in terms of design and functionality) has become important. In addition, the current surge in popularity regarding the idea of smart homes and smart infrastructure has led to an increase in the number of people who demanded door handles with the ability to buy them without keys, to have finishes that are anti-microbial, and generally be more resilient, which further solidifies the segment in question and goes a long way towards promoting the idea of home remodeling and home renovation projects. Homeowners are equally pouring more money into enhancing their homes in an attempt to provide the excellent look with modern types of door handle design that suit their interior designs. Such need to maintain stylish and modern fittings leads to regular replacement and upgrade of typical residential property.
Offline Distribution Channel is expected to continue Occupying the Major Share of the Market
The offline distribution channel segment has a significant share in the global door handles market which is likely to remain in that position even in the forecasted years. This is mainly because the purchase of door handles is offline so as to inspect the same, especially quality, material, design and finish. The builders, contractors, and end users as purchasers usually think in terms of going to real stores like hardware shops, home improvements shops, and specialty showrooms, to see the items and compare them and talk to the sales people. Another benefit of these offline stores is that the customers can purchase the goods instantly and also receive the goods on time, making it an important option in time-sensitive activities like construction or upgrading of properties.
North America Region to Occupy Major Share 45.00% of the Market during the Forecast Period
Market Share (%), By Region 2024
The offline distribution channel segment has a significant share in the global door handles market which is likely to remain in that position even in the forecasted years. This is mainly because the purchase of door handles is offline so as to inspect the same, especially quality, material, design and finish. The builders, contractors, and end users as purchasers usually think in terms of going to real stores like hardware shops, home improvements shops, and specialty showrooms, to see the items and compare them and talk to the sales people. Another benefit of these offline stores is that the customers can purchase the goods instantly and also receive the goods on time, making it an important option in time-sensitive activities like construction or upgrading of properties.
For all the segments and sub-segments, Qualitative as well as Quantitative data will be provided. In Quantitative we provide the historic (2023), base (2024), estimated (2025) and forecasted (2025-2032) market value in USD Million, Share in % with a CAGR (2025-2032). This data would be provided on a regional as well as country level.
Increasing Renovation and Remodeling Activities Technological Advancements and Smart Home Integration
The estimated revenue for the Global Smart Door Handles Market in 2032 is USD 8,390.40 Million.
The Global Door Handles Market is poised to grow at a CAGR of 4.88% from 2024 to 2032.
North America witnessing 6.45% during the forecasted period.
By Type, By Material, By Application, By Distribution Channel are the key segments considered for research study
Assa Abloy AB, The Häfele Group, Allegion Plc, Aarkay Vox, Hoppe Holding AG, Emtek Products Inc., Kuriki Manufacture Co., Ace Hardware Corp., West INX Ltd.,Sugatsune America, Inc., Others.
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