Cabinet Latches & Closures Market
Cabinet Latches & Closures
Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Cabinet Latches & Closures Market Size and Growth
The Cabinet Latches & Closures market is experiencing steady growth, driven by rising demand in residential and commercial sectors. The global market size is projected to reach approximately $2.5 billion by 2025, spurred by innovation and increased focus on safety and convenience. Trends indicate a shift towards sustainable materials and designs.
Companies Covered
(Covid 19 Impact Covered)
◍ DTC
◍ ASSA ABLOY
◍ Jusen
◍ Blum Inc
◍ King Slide Works Co. Ltd
◍ Taiming
◍ Formenti & Giovenzana S.p(FGV)
◍ Hettich
◍ ADAMS
◍ Accuride
◍ Salice
◍ Hafele
◍ HUTLON
◍ GRASS
◍ Yajie
The Cabinet Latches & Closures Market features key players like DTC, ASSA ABLOY, Blum Inc., and Hettich, focusing on innovative designs and materials to enhance functionality and security. These companies foster market growth through technological advancements and expanded distribution networks. Sales figures:
- ASSA ABLOY: $10 billion (2022)
- Blum Inc.: Approximately $2 billion (2022)
- Hettich: $1.5 billion (2022).
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Market Segmentation
By Application
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By Product
Market Growth
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$ X Billion USD
