About Furniture Knobs
The knobs/handles achieve a lot more than just performing its function and it is the knobs that aim to place within reach of its customers. Intensive market research, innovative ideas, ergonomics, and reliable technology has made way to create a timeless collection specially engineered by the manufacturers. The collection of furniture handles and knobs offers the basis for individualizing furniture in line with the latest trends. The handles are available in an array of finishes and are prepared with exclusive state-of-the-art designs that scream functionality. Furniture Knobs are used in kitchens, bedrooms, bathrooms or simply to upgrade your existing furniture. They are available in steel, brass, or smoked bronze and other.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Furniture Knobs market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Häfele (Germany), Hettich GmbH & Co. KG (Germany), Buster+Punch (United Kingdom), Blum Inc. (United States), Formenti & Giovenzana S.p (FGV) (Italy), Accuride (United States), Taiming (United States), ASSA ABLOY (Sweden), Spectrum Brands Holdings (HHI) (United States), Allegion (Ireland) and Salice (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are King Slide Works Co. Ltd (Taiwan) and J.G. Edelen (United States).
Segmentation Overview
AMA Research has segmented the market of Global Furniture Knobs market by , Application (Cabinet, Drawer, Dresser, Wardrobe, Kids Furniture, Glass Door and Others) and Region.
On the basis of geography, the market of Furniture Knobs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Furniture Knobs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Zinc Alloy will boost the Furniture Knobs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Style, the sub-segment i.e. Mushroom Knob will boost the Furniture Knobs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Commercial Furniture will boost the Furniture Knobs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Trend for Renting Furniture and Growing Trend of Online Shopping
Market Growth Drivers:
The Rise in Disposable Income of Middle-Class Families and Growing Demand for the Furniture among the Commercial Spaces
Challenges:
The cost of raw materials, such as metal and wood, has been rising in recent years.
Restraints:
An Availability of Counterfeit Products
Opportunities:
Emerging Demand from the Developing Countries
Market Leaders and their expansionary development strategies
February 6, 2023, Lincoln Sentry, one of Australia’s leading suppliers and distributors of cabinet and architectural hardware, has acquired the business of FHS SA, a deal that we believe will benefit customers and reflects Lincoln Sentry’s strong appetite for growth within and outside South Australia.
In September 2022,Hafele has recently launched a new range of kitchen and home solutions from our in-house global assortment – the Matrix Drawer and Runner Systems, Free Flap Fittings, Metalla 510 Furniture Hinges and Wire Storage Solutions.
Key Target Audience
Manufacturers of Furniture Knobs, Suppliers of Furniture Knobs, Wholesalers, Distributors and Retailers of Furniture Knobs, Raw Material Suppliers, Furniture Fittings Importer/Exporter, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.