Builder Hardware Market by Type (Cabinet Hardware, Door Hardware, Plumbing Hardware), Material (Metal, Plastic), Application, Distribution Channel - Global Forecast 2024-2030

Builder Hardware Market by Type (Cabinet Hardware, Door Hardware, Plumbing Hardware), Material (Metal, Plastic), Application, Distribution Channel - Global Forecast 2024-2030

The Builder Hardware Market size was estimated at USD 50.17 billion in 2023 and expected to reach USD 52.84 billion in 2024, at a CAGR 5.58% to reach USD 73.41 billion by 2030.

Builder hardware encompasses various products for building construction and finishing, including door handles, locks, hinges, fasteners, and structural metalwork. These products play critical roles in residential and commercial construction projects by providing necessary functionality and contributing to the aesthetic appeal of structures. Several factors, including urbanization and the rising demand for residential and commercial properties, influence the growth of the builder hardware market. Additionally, technological advancements in construction materials and methods are driving market demand. The builder hardware market faces several limitations and challenges, including fluctuations in raw material prices, impacting the cost of production, and compliance with stringent regulations and standards across different regions. However, developing eco-friendly and sustainable hardware solutions in response to increasing environmental concerns creates new market opportunities. At the same time, integrating smart technology in builder hardware offers enhanced security and convenience.

Regional Insights

The builder hardware market in the Americas is characterized by a steady demand in the residential and commercial sectors. The United States has a robust construction industry, fueling demand for a wide range of builder hardware products, from door handles and locks to structural hardware. Canada and Brazil also represent significant markets within the Americas, driven by urban development and infrastructure projects. High-quality standards and a growing preference for eco-friendly and smart hardware solutions are defining trends. The EMEA region exhibits diverse builder hardware market dynamics due to varying economic development and construction activity across countries. Europe has a significant market focusing on energy-efficient and sustainable construction solutions, pushing demand for innovative builder hardware. The Middle East shows considerable growth potential linked to large-scale infrastructure projects and smart city initiatives, particularly in the Gulf Cooperation Council (GCC) countries. Africa is an emerging market with infrastructure development and urbanization, creating opportunities for builder hardware suppliers. The APAC region is experiencing rapid growth in the builder hardware market, driven by booming construction industries in China, India, and Southeast Asian countries. Urbanization, rising disposable incomes, and government infrastructure development initiatives fuel demand for builder hardware. The region is known for its competitive manufacturing environment, making it a hub for producing builder hardware at various price points. Technological advancements and a shift towards sustainable and smart building solutions influence product innovation. Market players are expanding their operations and distribution networks in the APAC region to capitalize on its growth potential.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Builder Hardware Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Increased urbanization and infrastructure development with the rising residential/ commercial projects
• Rising shifts in consumer preferences towards aesthetics and convenience of buildings
• Rapid growth towards the building a modular construction

Market Restraints

• Technical issues associated with the builder hardware

Market Opportunities

• Integration of digital technologies and IoT connectivity into the builder hardware products
• Introduction of customizable and personalized building hardware products

Market Challenges

• Availability of the counterfeit builder hardware products

Market Segmentation Analysis

• Material: Rising demand for sustainable builder hardware material across modern architecture
• Application: Rising demand of personalize hardware across residential sector

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Builder Hardware Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Builder Hardware Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Berenson Hardware to Launch New Roque Collection

Berenson announced the launch of their Roque collection, including Modern Brushed Gold, Matte Black, Brushed Nickel, Black Nickel, Polished Chrome, and Vintage Nickel, at KBIS 2024. This sophisticated lineup, comprising knobs and pulls, showcases a distinct squared design enriched with a novel raised texture on selected surfaces, presenting a compelling blend of form and function. Inspired by the dynamic facades of modern skyscrapers and their interplay with light through angular, reflective features, the Roque collection promised to add an unparalleled layer of finesse to interior spaces.

Foster + Partners Industrial Design team gives the distinctive edge to door handles for FSB

Foster + Partners has joined forces with the renowned German door handle manufacturer FSB to introduce an exclusive collection of door and window handles. This collaboration has resulted in the creation of the FSB 1291 and FSB 1292 models, which stand as a testament to the architecture firm's meticulous attention to detail and commitment to quality. These handles reflect the architectural elegance synonymous with Foster + Partners and cater to the functional demands of modern spaces.

Rehau Launches New Window Hardware and Accessories Webshop

London’s Plank Hardware has unveiled a curated selection of its premium hardware products on B&Q's platform, diy.com. This collaboration marks a significant shift for the Direct-to-Consumer (D2C) brand, known for its unique and cost-effective hardware solutions since its inception in 2019. The collaboration introduced an assortment of cabinet handles, knobs, internal door lever handles, and mortice knobs, signaling a new era of accessible, quality hardware for B&Q customers.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Builder Hardware Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Builder Hardware Market, highlighting leading vendors and their innovative profiles. These include Accuride International Inc., Ace Hardware, Adonai Hardware, Allegion PLC, Allegis Corporation, ASSA ABLOY Group, Baldwin Hardware, CARL FUHR GmbH & Co. KG, Continental Hardware Pvt Ltd, Delware, dormakaba Holding AG, Dorset Industries Pvt. Ltd., Emtek Products, Franz Schneider Brakel GmbH + Co KG, Golden Locks, Hager Companies, Häfele SE & Co KG, INOX by Unison Hardware, Inc., Masco Corporation, MIWA Lock Co., Richelieu Hardware Ltd., Roto Frank Holding AG, Royal Door Fittings, Schlage by Ingersoll Rand Inc., and Spectrum Brands Holdings.

Market Segmentation & Coverage

This research report categorizes the Builder Hardware Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Type
• Cabinet Hardware
• Door Hardware
• Plumbing Hardware
• Window Hardware
• Material
• Metal
• Plastic
• Application
• Commercial
• Residential
• Distribution Channel
• Offline
• Online

Region

• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year