Door Handles Market Size To Reach $10.55 Billion By 2030

Door Handles Market Growth & Trends

The global door handles market size is expected to reach USD 10.55 billion by 2030, registering a CAGR of 4.5% from 2025 to 2030, according to a new report by Grand View Research, Inc. With the increasing construction activities in the commercial, residential, and industrial sectors, product demand is growing drastically. With the emergence of home remodeling trends across the globe, product demand is expected to grow. According to the statistics published by the National Association of the Remodeling Industry (NARI), residential building improvement in the U.S. is estimated to have an annual value of over USD 205 billion by 2023 and the home remodeling trend is expected to continue in the coming years offering key manufacturers an opportunity to develop trendy door handles that enhance the appealing look for houses.

Key manufacturers operating in the global industry are taking key measures and are investing in research and development activities to introduce new products with a compact and sleek design. For instance, in June 2022, TESA ASSA ABLOY launched a new range of state-of-the-art and high-performance door handles to cater to the rising demand among architects. Such product launches and other business initiatives by key players are expected to broaden product outreach and contribute to growth. The lever handle segment captured the largest revenue share in 2021 on account of the rising popularity and demand among consumers. Lever door handles are mainly manufactured from metals and offer high durability and strength against usual wear and tear. Whereas, pull handles are anticipated to demonstrate strong growth in the coming years mainly owing to the improved design patterns and elegant look offered.

The residential segment dominated the global industry in 2021 and is expected to maintain its dominance over the forecast years. According to the data published by United Nations, Population Division, and World Population Prospects, the global population is expected to reach 9.8 billion by 2050 creating the need for residential areas like condos, houses, and apartments. This is expected to drive industry growth. Asia Pacific captured the largest revenue share in 2021 due to the increased disposable income, rise in the number of residential and commercial construction projects, and product developments & innovations by key manufacturers. According to the report published by Oxford Economics in September 2021, global construction output is estimated to reach USD 13.3 trillion by 2025 with emerging Asia offering powerful growth opportunities. This is further expected to boost the product demand across the region.

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Door Handles Market Report Highlights

• Lever handles accounted for a market share of 36.24% in 2024. The growth of this segment is largely attributed to the rising consumer preference for lever door handles, driven by their compact design and durability.

• The metal door handles held a market share of 53.16% in 2024. The high share of the segment is credited to the growing demand for metal handles on account of their physical properties, such as durability, lifespan, and design flexibility.

• The residential demand for door handles accounted for a market share of 54.0% in 2024. The demand for door handles in the residential segment is primarily driven by a surge in home renovations, new constructions, and growing consumer emphasis on home aesthetics and security.

• Asia Pacific door handles market accounted for a global revenue share of around 36.82% in the year 2024. In the Asia Pacific region, the market is experiencing rapid expansion, propelled by urbanization and rising living standards across emerging economies such as India and China.

• Key companies are adopting various growth strategies including product expansion and mergers & acquisitions to serve the increasing product demand

• For instance, in January 2020, HOPPE Holding AG launched eHandles to offer improved security and connectivity

Door Handles Market Segmentation

Grand View Research has segmented the door handles market on the basis of on type, material, application, and region:

Door Handles Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Lever Handles

• Door Knobs

• Sliding Door Handles

• Pull Handles

Door Handles Material Outlook (Revenue, USD Billion, 2018 - 2030)

• Metal

• Plastic

• Fiber

• Others (Wood, Porcelain, etc.)

Door Handles Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Residential

• Commercial

Door Handles Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • Australia & New Zealand

  • South Korea

• Central & South America

  • Brazil

• Middle East & Africa (MEA)

  • South Africa

List of Key Players in the Door Handles Market

• Assa Abloy AB

• The Häfele Group

• Allegion Plc

• Aarkay Vox

• Hoppe Holding AG

• Emtek Products Inc.

• Kuriki Manufacture Co.

• Ace Hardware Corp.

• West INX Ltd.

• Sugatsune America, Inc.