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.
Albany, NY -- (SBWIRE) -- 03/14/2019 -- The market for Drawer Slides is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled "Global Drawer Slides Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024" which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the Drawer Slides sector is highlighted in the report which indicates a prosperous future.
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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.
Scope of the Report:
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, Hfele, 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.
The worldwide market for Drawer Slides is expected to grow at a CAGR of roughly 5.4% over the next five years, will reach 6520 million US$ in 2024, from 5010 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Drawer Slides in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Formenti & Giovenzana S.p (FGV)
King Slide Works Co. Ltd
Guangdong Dongtai Hardware
Knape & Vogt Manufacturing Company
ITW Proline (Prestige)
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Light Duty Slides
Medium Duty Slides
Heavy Duty Slides
Very Heavy Duty Slides
Extra Heavy Duty Slides
Market Segment by Applications, can be divided into
Transport and Automotive
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Table of Contents
1 Market Overview
1.1 Drawer Slides Introduction
1.2 Market Analysis by Type
1.2.1 Light Duty Slides
1.2.2 Medium Duty Slides
1.2.3 Heavy Duty Slides
1.2.4 Very Heavy Duty Slides
1.2.5 Extra Heavy Duty Slides
1.3 Market Analysis by Applications
1.3.4 Home Appliances
1.3.6 Transport and Automotive
To be continue@@