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India Drawer Slides Market Projected to Grow at 6.7% CAGR Throughout the Forecast Period 2017-2022

 

Albany, NY -- (SBWIRE) -- 10/03/2017 -- Drawer slides are small objects which ensure efficient and smooth movement of drawers during closing or opening of the drawer. It is typically fixed on the slides of the drawer and body of the drawer system. The drawer movement while opening or closing is facilitated with the help of ball bearings that ensure fluid and noiseless motion of the drawers. Generally, slides are used in drawers meant for heavy duty work and hence can support heavy weights as compared to runners. There are several manufacturers involved in the production of different types of drawer slides which can bear different weight loads. Market Research Hub (MRH) has added a new research report on "India Data from Global Drawer Slides Market Research Report – 2017 with Company Details and Information".

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Forecasts: Global and India Region Highlights

According to the exhaustive research study on global drawer slides market, the global drawer slides market is valued at a market estimation a bit over US$ 4.7 Bn during the assessment year 2017. It is anticipated to reach an evaluation of more than US$ 6.2 Bn by the end of 2022 with a moderate growth rate of a 5.56% CAGR throughout the period 2017-2022. The Indian drawer slides market, in 2017, is valued at a market estimation a bit above US$ 228 Mn. As per data projections, the Indian drawer slides market is anticipated to reach a market estimation of about US$ 315.9 Mn by the end of 2022, growing at a robust rate to register a CAGR of 6.7% during the period of assessment, 2017-2022.

About the Research Report

The global drawer slides market research report is a comprehensive, analytical and in-depth research study which focuses on the current market scenario of drawer slides. It covers annual estimations along with future estimations or forecasts. These forecast estimations are carried out for the period of five years, from 2017- 2022. Also, historic data analysis is included in this research report which includes figures and statistics for the past six years.

It delivers an overview of the drawer slides market which includes market definition, scope, application, classification as well as chain structure of the overall industry. It reflects important analyses on key segments across important geographies, including various market aspects that have an influence over the growth of the market in the coming years. The market is segmented by type, by applications and by region. By type, it includes intelligence on light duty slides, heavy duty slides, medium duty slides, extra heavy duty slides and very heavy duty slides. By application, it covers industrial, financial, furniture, home appliances, automotive and transport, IT and others. By region, it focuses on North America, Europe, China, Japan, Southeast Asia, India, Taiwan and ROW (Rest of the world). The market share or revenue share of each segment across each region is discussed and well analyzed.

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Competitive Landscape

The research report covers in-depth study and analyses on key players/manufacturers involved in the drawer slides market. The company profiles, product portfolio with specifications, market share, sales figures, as well as contact information is included in the study. Along with this information, marketing channels and key industry developments are also covered. The various manufacturers involved in the drawer slides market, which are profiled in this research study, are Blum Inc., Accuride, Hettich, Grass, Formenti and Giovenzana S.p (FGV), Taiming, King Slide Works Co. Ltd., SACA Precision, Knape and Vogt Manufacturing Company, Guangdong Dongtai Hardware, ITW Proline (Prestige), Jonathan, Salice, Hafele India and Generdevice.

Reasons for Investing in the Report

The research report on drawer slides market provides weighted analysis and acumen across various regions including intelligence on key segments which reveal a holistic view of the market. The reader can use the information to analyze each region, the macroeconomic aspects, competitive scenario in that respective region, and overall facets which have a direct or indirect influence over the global market growth. This acumen can be used to devise and implement strategic decisions with a view to claim competitive advantage and also grow with the changing face and dynamic scenario of the drawer slides market.

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