Drawers are extensively used for storing things. For a drawer, slides are the most important part acting as a supporting structure without which drawer could not be installed. Technological advancements have enabled the introduction of drawer slide with an integrated lock which is one of the reasons for the product demand globally.
The Drawer Slides industry was 4736.65 million USD in 2017 and is projected to reach USD 7212.29 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 5.35% between 2018 and 2025. The market is driven by various end-user industries, such as furniture, appliances, tool boxes, laboratory furniture, architectural, medical cabinets, IT enclosures, stillage, warehousing and financial field.
The market for Drawer Slides is highly fragmented with players such as Blum Inc, Hettich, Accuride, GRASS, Häfele, Formenti & Giovenzana S.p (FGV), King Slide Works Co. Ltd, Taiming, SACA Precision, Guangdong Dongtai Hardware, Knape & Vogt Manufacturing Company, ITW Proline (Prestige), Salice, Generdevice, Jonathan. The industry is expected to remain innovation-led, with acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.
According to this study, over the next five years the Drawer Slides market will register a 5.4% CAGR in terms of revenue, the global market size will reach US$ 6520 million by 2024, from US$ 5010 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Drawer Slides business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Drawer Slides market by product type, application, key manufacturers and key regions and countries.
This study considers the Drawer Slides value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Light Duty Slides
Medium Duty Slides
Heavy Duty Slides
Very Heavy Duty Slides
Extra Heavy Duty Slides
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Industrial
Furniture
Financial
Home Appliances
IT
Transport and Automotive
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Blum Inc
Hettich
Accuride
GRASS
Häfele
Formenti & Giovenzana S.p (FGV)
King Slide Works Co. Ltd
Taiming
SACA Precision
Guangdong Dongtai Hardware
Knape & Vogt Manufacturing Company
ITW Proline (Prestige)
Salice
Generdevice
Jonathan
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Drawer Slides consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Drawer Slides market by identifying its various subsegments.
Focuses on the key global Drawer Slides manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Drawer Slides with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Drawer Slides submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Drawer Slides. Industry analysis & Market Report on Drawer Slides is a syndicated market report, published as Global Drawer Slides Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Drawer Slides market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.