Knobs and Pulls Market Size, Share, Analysis (2023-2031): Reed Intelligence Projects 3.9% CAGR Rise

By GlobeNewswire On Aug 8, 2023

The global Knobs And Pulls Market Size is expected to grow approximately at a CAGR of 3.9% by 2023-2031, according to a new report by Reed Intelligence.The rising demand for house renovations and interior design initiatives in North America has resulted in a sizable market for knobs and pulls.

New York, United States, Aug. 08, 2023 (GLOBE NEWSWIRE) — In order to improve both usefulness and beauty, Knobs And Pulls Market are crucial components of the hardware used in many types of furniture and cabinets. They are little add-ons that make it simple and practical to open cupboards, drawers, and doors.

According to the report, a number of factors are driving the market, including the rising demand for fashionable and useful cabinet hardware, the expansion of the remodeling and building sector, and the increased acceptance of online shopping.

According to product type, material, and end-user, the market was categorized in the study. Knobs, pulls, and handles are included in the product type segment. The sector for materials comprises glass, plastic, metal, and wood. Residential and business users are included in the end-user sector.

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Market Dynamics

Knobs and pulls are aesthetic as well as useful components. Customers are placing more demands on door knobs that are aesthetically pleasing and go well with the home’s overall design.

The need for knobs and pulls is being driven by the expansion of the construction sector. In residential, commercial, and industrial structures, knobs and pulls are used. Customized knobs and pulls that meet each customer’s unique needs and specifications are becoming more and more in demand. This is fueling the market for knobs and pulls to grow.

Technological developments are being seen in the knobs and pulls sector, including the usage of new materials, designs, and coatings. Because of these developments, knobs and pulls are becoming more practical, aesthetically pleasing, and robust. New competitors are already entering the knobs and pulls sector. These companies provide cutting-edge goods and services at affordable rates. The market is expanding as a result of this.

Report Scope

Report Metric	Details
Compound Annual Growth Rate (CAGR)	3.9%
Forecast Period	2023-2031
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	Segmentation by Type Knobs Pulls Segmentation by Application Residential Commercial Industrial
Geographies Covered	North America Europe APAC Middle East and Africa LATAM
Market Drivers	Growing Construction and Remodeling Activities Increased Consumer Awareness

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Knobs are affixed to the surface of doors and drawers and are frequently round or cylindrical in shape. At the back, they frequently have a solitary screw or bolt that holds them in place. Numerous different materials, including metal, wood, glass, ceramic, and plastic, are used to make knobs. Depending on the style of the furniture or the user’s preferences, their designs might be plain and minimalist or elaborate and artistic.

When compared to knobs, pulls are longer and more extended. Along the border of cabinet doors or drawers, they are frequently positioned horizontally or vertically. Pulls are practical for larger or heavier doors because they provide a larger holding area. Pulls, like knobs, come in a variety of materials and designs to match various interior design trends.

Regional Analysis

The market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America has resulted in a sizable market for knobs and pulls. As consumers’ preferences for personalized and fashionable hardware increase, so do the chances for the growth of eco-friendly products.

The knobs and pulls market growth in Europe is mature, driven by a focus on interior design and high-quality furniture. The area presents chances for manufacturers to meet the rising demand for contemporary and minimalist designs as well as environmentally friendly and energy-efficient hardware solutions.

The growing urbanization and rising disposable incomes in Asia Pacific are driving up the need for knobs and pulls in both residential and commercial development projects. The region has a lot of room to grow because of the region’s growing middle class and the public’s growing appreciation for interior design.

Key Highlights For The Knobs And Pulls Market:

The growing number of home remodeling and improvement projects being undertaken around the world has had a beneficial impact on the knobs and pulls market size. Homeowners frequently replace outdated hardware with new and fashionable knobs and pulls when updating their interiors, which increases the demand for these products.
To accommodate a variety of consumer preferences and interior design aesthetics, manufacturers have been providing a wide range of materials and design alternatives for knobs and pulls. Several common materials are employed in the production of these hardware objects, including metal, wood, glass, ceramic, and plastic.
The need for individualized and aesthetically beautiful hardware goods is rising. A focus on distinctive designs, finishes, and ornamental components in knobs and pulls has resulted from this in order to improve the general aesthetic of furniture and cabinetry.
An enormous variety of knobs and pulls from various manufacturers and suppliers are now easier to reach thanks to the growth of e-commerce platforms and online selling. This has increased market accessibility and given consumers additional options and competitive prices.
There has been an increase in demand for eco-friendly and sustainable knobs and pulls due to growing environmental awareness. In response, some firms have started employing recycled materials or switching to more eco-friendly production methods.

Key Players

Amerock
Baldwin Hardware
Emtek
Top Knobs
Hafele
Berenson
Richelieu
Jeffrey Alexander
Liberty Hardware
Atlas Homewares

Knobs and Pulls Market Segmentations

Segmentation by Type

Knobs
Pulls

Segmentation by Application

Residential
Commercial
Industrial

Segment by Region

North America
Europe
APAC
Middle East and Africa
LATAM

Table of Contents

Executive Summary
1. Introduction
Market Introduction
1. Market Definition
2. Scope of the Study
3. Market Structure
Research Methodology
1. Primary Research
2. Research Methodology
3. Assumptions & Exclusions
4. Secondary Data Sources
Market Factor Analysis
1. Value Chain Analysis: Knobs and Pulls Market
2. Porters Five Forces Analysis
  1. Bargaining Power of Suppliers
  2. Bargaining Power of Buyers
  3. Threat of Substitution
  4. Threat of New Entrants
  5. Competitive Rivalry
Market Dynamics
1. Drivers
2. Restraints
3. Opportunities
Recent Trends Analysis
Impact of COVID-19 on Knobs and Pulls Market
1. Pre and Post Covid -19 Market Scenario Analysis
2. Market Recovery Timeline and Challenge
3. Measures Taken by Top Players
Regulatory Landscape
Knobs and Pulls Market, Segmentation by Type
1. Introduction
  1. Market Size and Forecast, Segmentation by Type
2. Knobs
  1. Market Size and Forecast, By Region
3. Pulls
  1. Market Size and Forecast, By Region
Knobs and Pulls Market, Segmentation by Application
1. Introduction
  1. Market Size and Forecast, Segmentation by Application
2. Residential
  1. Market Size and Forecast, By Region
3. Commercial
  1. Market Size and Forecast, By Region
4. Industrial
  1. Market Size and Forecast, By Region
Regional Overview
1. Introduction
  1. Market Size and Forecast
2. North America
  1. Market Size and Forecast
    1. Segmentation by Type
      1. Knobs
      2. Pulls
    2. Segmentation by Application
      1. Residential
      2. Commercial
      3. Industrial
  2. U.S.
    1. Segmentation by Type
      1. Knobs
      2. Pulls
    2. Segmentation by Application
      1. Residential
      2. Commercial
      3. Industrial
  3. Canada
3. Europe
  1. Market Size and Forecast
    1. Segmentation by Type
      1. Knobs
      2. Pulls
    2. Segmentation by Application
      1. Residential
      2. Commercial
      3. Industrial
  2. U.K.
    1. Segmentation by Type
      1. Knobs
      2. Pulls
    2. Segmentation by Application
      1. Residential
      2. Commercial
      3. Industrial
  3. Germany
  4. France
  5. Spain
  6. Italy
  7. Russia
  8. Nordic
  9. Benelux
  10. Rest of Europe
4. APAC
  1. Market Size and Forecast
    1. Segmentation by Type
      1. Knobs
      2. Pulls
    2. Segmentation by Application
      1. Residential
      2. Commercial
      3. Industrial
  2. China
    1. Segmentation by Type
      1. Knobs
      2. Pulls
    2. Segmentation by Application
      1. Residential
      2. Commercial
      3. Industrial
  3. Korea
  4. Japan
  5. India
  6. Australia
  7. Singapore
  8. Taiwan
  9. South East Asia
  10. Rest of Asia-Pacific
5. Middle East and Africa
  1. Market Size and Forecast
    1. Segmentation by Type
      1. Knobs
      2. Pulls
    2. Segmentation by Application
      1. Residential
      2. Commercial
      3. Industrial
  2. UAE
    1. Segmentation by Type
      1. Knobs
      2. Pulls
    2. Segmentation by Application
      1. Residential
      2. Commercial
      3. Industrial
  3. Turky
  4. Saudi Arabia
  5. South Africa
  6. Egypt
  7. Nigeria
  8. Rest of MEA
6. LATAM
  1. Market Size and Forecast
    1. Segmentation by Type
      1. Knobs
      2. Pulls
    2. Segmentation by Application
      1. Residential
      2. Commercial
      3. Industrial
  2. Brazil
    1. Segmentation by Type
      1. Knobs
      2. Pulls
    2. Segmentation by Application
      1. Residential
      2. Commercial
      3. Industrial
  3. Mexico
  4. Argentina
  5. Chile
  6. Colombia
  7. Rest of LATAM
Competitive Landscape, 2022
1. Introduction
2. Knobs and Pulls Market Share Analysis, 2022 (%)
  1. Market Share Analysis, 2022
  2. Competition Ranking, 2022
  3. Key Developments & Growth Strategies
    1. Merger & Acquisition
    2. Product Launch
    3. Expansion
  4. Consolidated SWOT Analysis of Key Players
Company Profile
1. Amerock
  1. Business Overview
  2. Financial Data
  3. Key Product Categories
  4. Recent Developments
2. Baldwin Hardware
3. Emtek
4. Top Knobs
5. Hafele
6. Berenson
7. Richelieu
8. Jeffrey Alexander
9. Liberty Hardware
10. Atlas Homewares

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