About Drawer Pulls
A drawer pull (wire pulling or simply pulling) is a handle that can be used to pull a drawer out of a chest of drawers, a cupboard, or other pieces of furniture. A drawer pull often includes a plate to which the handle is attached. The handle can swing from one or two brackets ("drop handle" or "swivel handle"), pulling a drop drawer. A bow handle is a type of swivel handle that consists of an open loop that is attached to two brackets. The handle can also be attached to the plate with rivets, making it immobile. The plate can be decorated with piercing, embossing, or both. The ornament can also be cut on the surface with tools so that it remains immersed in the metal. The shaft for handles can have round, rectangular, or irregularly forged shapes. Drawer pulls can also consist of one piece, either only as a handle or as a plate in one handle. The home care and decoration industry have seen mixed growth since the outbreak of COVID 19. As a result of the ongoing pandemic crisis, the overall performance of discretionary products such as decorative furnishings and bedding, to name but a few have declined. However, the virus outbreak has led to significant growth in categories such as cleaning and hygiene products. The significant growth in the e-commerce business is also one of the positive influences of the outbreak, in which companies are concentrating on expanding their distribution networks to online channels in order to meet the increasing demand from consumers.
Attributes | Details |
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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 Drawer Pulls 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.
Julius Blum (Austria), Yajie (China), Hettich (Germany), Häfele Group (Germany), Assa Abloy (Sweden), GRASS GmbH (Austria), Salice (Italy) and Allegion (Ireland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are The J.G. Edelen (United States), Spectrum Brands Holdings (HHI) (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Drawer Pulls market by Type (Handles and Knobs), Application (Commercial Furniture and Residential Furniture) and Region.
On the basis of geography, the market of Drawer Pulls 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 Drawer Pulls 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 Drawer Pulls 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 Drawer Pulls 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:
Availability of Counterfeit Products
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Emerging Demand from the Developing Countries
Market Leaders and their expansionary development strategies
In December 2022, Genesis Products, Inc. has acquired BHK of America, South Boston, Virginia, in a deal completed on November 30th. The acquisition will integrate BHK’s 46 years of production innovation in drawer components with Genesis Products’ 20 years of expertise as a leading supplier of laminated panels, wood components, and custom-molded solutions.
In January 2023, CAFÉ Appliances launched two new hardware finishes to drive personalized design aesthetics throughout the kitchen. The two finishes, Brushed Brass and Flat Black, offer bold new kitchen accents that bring sophistication and flair to your home, helping you transform your space with the latest design trends.
Key Target Audience
Manufacturers of Drawer Pulls, Suppliers of Drawer Pulls, Wholesalers, Distributors, and Retailers of Drawer Pulls, 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.