The global Door Hinge market is valued at 2380 million US$ in 2018 is expected to reach 4090 million US$ by the end of 2025, growing at a CAGR of 8.0% during 2019-2025.
Los Angeles, CA -- (SBWIRE) -- 06/27/2019 -- Door hinges is a wide variety of materials such as solid brass and stainless hinges, finishes and sizes designed to fit any residential door or commercial need.
The whole Door Hinge is a low concentration industry,china has almost thousand of hinge manufacturer and their product mainly focus on low-end furniture market,the price is low than foreign manufacturer.
Hettich, Blum, Grass,each of production market share is 4.68%,4.18%,3.19%%.The door hinge is low concentrated industry,the low-end product are major concentrated in china and taiwan,while the high-end product are concentrated in Europe,north America where the high-end furniture are manufactured.
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The share of North America and Europe produced approximately 43.2% of the world's door hinge prodcution in 2014. Over the same period, China's door hinge market share is approximately 39.4%.
With the rapid growth of the national economy as well as the rapid development of downstream industries, the demand for real estate and furniture market will grow,it would stimulate the door hinge market and we forecast that the global market will grow to 2766 million USD in 2020.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field.
Although Door Hinge brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
This report focuses on Door Hinge volume and value at global level, regional level and company level. From a global perspective, this report represents overall Door Hinge market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
This report includes the following manufacturers; we can also add the other companies as you want.
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