Global Furniture Fittings Market Size By Product(Handles & Pulls, Screws or Fasteners), By Geographic Scope And Forecast

Furniture Fittings Market Size And Forecast

Furniture Fittings Market size was valued at USD 1776.41 Million in 2024 and is projected to reach USD 2551.93 Million by 2031, growing at a CAGR of 5.11% from 2024 to 2031.

Increasing demand for the furniture among the commercial spaces and research & technological advancement along with aesthetic appearance, will drive market growth. The Global Furniture Fittings Market report provide a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

What is Furniture Fittings?

Furniture fittings are the smallest parts that are installed or fixed outside the furniture structure, making it functional for various needs and purposes. These fittings are used to link parts of furniture together, making the connections movable or fixed. With their unlimited permutations and combinations, they fundamentally give aesthetic diversity and convenience, resulting in stylish and inventive furniture. Hinges, screws & fasteners, drawer slides, and handles are some of the fittings that are used in furniture that are installed in kitchens, offices, and bedrooms, giving furniture elegance and functionality. These fittings are available in various structures and styles, with varying sizes. They are also manufactured using different raw materials such as stainless steel, plastics, iron, aluminum, and others.

Furniture fittings are becoming increasingly significant in furniture medium action; people have started to pay attention to the quality of furniture made from timber, and environmental protection has slowly converted hardware fittings.

Global Furniture Fittings Market Overview

Increasing demand for the furniture among the commercial spaces and research & technological advancement along with aesthetic appearance, will drive market growth. Furniture quality is an important aspect of business in commercial areas with a large footprint. Functionality, durability, and style are the measurable parameters that define the quality of furniture. For example, solid wood is used for wooden living parts, assembled with Mortise & Tenon composite which ensures durable strength and durability. High-density foam padding, premium vinyl, and stainless-steel fabrics are offered in a variety of colors for padded seats.Furniture for commercial areas is often built with heavy use in mind. Because commercial furniture is intended to last at least 10 years, furniture designs have little variation. They are generally neutral in their construction as they need enough liquid to fit the various interior design trends. Customization options are available in most commercial furniture although they allow one to choose color and upholstery options. Ultimately commercial furniture not only allows one to save money over time but also helps one to make more money. The reason is that home furniture is more designed for luxury than anything else and items such as dining chairs tend to be larger than one can buy on the contract market. Larger seats lead to smaller refrigerators leading to lower incomes. Furthermore, availability of the counterfeit products are the certain factors which are hindering market growth.

Global Furniture Fittings MarketSegmentation Analysis

The Global Furniture Fittings Market is segmented on the basis of Product,  and geography.

Furniture Fittings Market by Product

• Handles & Pulls
• Screws or Fasteners
• Hinges
• Drawer slides
• Others

To Get Summarized Market Report By Product-

Based on Product, the market is bifurcated into Handles & Pulls, Screws or Fasteners, Hinges, Drawer slides, and Others. Handles and pulls accounted for the largest market share of 25.84% in 2021, with a market value of USD 1,963.55 Million and is projected to grow at the highest CAGR of 6.21% during the forecast period. Screws or Fasteners was the second-largest market in 2021, valued at USD 1,536.83 Million in 2021; it is projected to grow at a CAGR of 5.41%.

Furniture Fittings Market by Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

To Get Summarized Market Report By Geography-

On the basis of regional analysis, the Global Furniture Fittings Market is classified into North America, Europe, Asia Pacific and Rest of the world. Asia Pacific accounted for the largest market share of 34.41% in 2021, with a market value of USD 2,614.22 Million and is projected to grow at the highest CAGR of 6.40% during the forecast period. North America was the second-largest market in 2021, valued at USD 2,342.28 Million in 2021; it is projected to grow at a CAGR of 4.87%.

Key Players

The “Global Furniture Fittings Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Hettich, Hafele, King Slide, Blum Inc., ERA, Accuride, Bohle AG, FGV, and Grass, and Others.

The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally. The major players in the market are Blum Inc., Hafele, Hettich, and King Slide.

Key Developments

• Blum announced its expansion plan for its Indian subsidiary with the focus to include a newly constructed warehouse and a new and diversified distribution network.

• Bohle AG launched known as fitting Alva EN3 that is used for fitting for glass doors which is easily installed.

Report Scope

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Million) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support

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