Los Angeles, CA -- (SBWire) -- 02/17/2019 --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.
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The global Drawer Slides market is valued at 5010 million US$ in 2018 is expected to reach 7210 million US$ by the end of 2025, growing at a CAGR of 5.4% during 2019-2025.
This report focuses on Drawer Slides volume and value at global level, regional level and company level. From a global perspective, this report represents overall Drawer Slides market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
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
Segment by Type
Light Duty Slides, Medium Duty Slides, Heavy Duty Slides, Very Heavy Duty Slides, Extra Heavy Duty Slides
Segment by Application
Industrial, Furniture, Financial, Home Appliances, IT, Transport and Automotive, Other
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Global Drawer Slides Market Is Projected to Reach US$ 7210 Mn by 2025
The Drawer Slides Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.