Market Overview:
The global desk hardware market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for office furniture and the rising trend of home offices. Desk hardware is used in office furniture and helps in connecting different parts of the furniture together. Steel, brass, and aluminum are some of the materials used for manufacturing desk hardware. Steel is one of the most commonly used materials for manufacturing desk hardware as it is strong and durable. Brass is also a popular material as it does not corrode easily and has a shiny finish that gives an elegant look to office furniture.
Product Definition:
Desk hardware is a term used to describe the various components that make up a desk. This includes items such as the desk top, legs, and drawer pulls. Desk hardware can be important for several reasons. It can help to keep the desk stable and in place, it can add extra functionality or storage to the desk, and it can also add style or decoration.
Steel:
Steel is a metal alloy, which consists of iron and other metals. The most common types of steel include carbon steel (CRS), low-alloy carbon steel (LAC), manganese steel, siliconized cast iron, and high-grade chromium.
Brass:
Brass is a copper-based alloy and consists of around 90% copper. The remaining percentage can be made up from various other metals such as zinc, tin, nickel, etc. It has high thermal conductivity which helps in keeping the desktops cool during intensive computing tasks. Moreover it also has better strength and durability than regular metal so it does not bend or warpage under extreme pressure unlike other materials like aluminum or steel.
Application Insights:
The commercial application segment dominated the global desk hardware market in 2017, accounting for more than 60.0% share of the total revenue. The growth can be attributed to an increase in demand from various sectors, including hospitality, healthcare and education among others. A growing number of hotels and hospitals is expected to drive the demand for furniture with storage space over a period of time.
The residential sector is expected to witness significant growth over the forecast period owing to increasing urbanization across various regions globally. A rise in disposable income has resulted in an increased spending on home dĩcor products such as furniture and accessories that appeal visually appealing interiors at homes or apartments owned by individuals across all age groups globally since last few years now-a-days which is further anticipated to boost product sales over next few years also considering current trends worldwide regarding home furnishing trend especially among millennials generation (born between 1980s - 2000s).
Regional Analysis:
Asia Pacific dominated the global desk hardware market in 2017. The region is expected to continue its dominance over the next eight years owing to increasing number of manufacturing facilities and commercial spaces in countries such as China, India, Japan, and Singapore. Furthermore, rising demand for office space is anticipated to drive regional growth over the forecast period.
North America accounted for a significant share of revenue in 2017 due to growing trend towards digitalization across various industries including banking & financial services (BFS), telecom & IT sector among others. This has led to an increase in spending on technology-driven devices such as computers and laptops among users working at home or cafes/co-working spaces rather than buying expensive personal computers (PCs). Such trends are projected to fuel regional growth during the forecast period.
Growth Factors:
- Increasing demand for ergonomic and comfortable office furniture
- Proliferation of start-ups and small businesses
- Growing awareness about the health benefits of using desk hardware
- Rising disposable income of consumers in developing countries
- Technological advancements that lead to the development of new and innovative products
Scope Of The Report
Report Attributes
Report Details
Report Title
Desk Hardware Market Research Report
By Type
Steel, Brass
By Application
Residential, Commercial
By Companies
DTC, Blum Inc, Taiming, Jusen, ADAMS, Hettich, King Slide Works Co. Ltd, ASSA ABLOY, Accuride, Formenti & Giovenzana S.p(FGV), Hafele, GRASS, Yajie, HUTLON, Salice
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Desk Hardware Market Report Segments:
The global Desk Hardware market is segmented on the basis of:
Types
Steel, Brass
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DTC
- Blum Inc
- Taiming
- Jusen
- ADAMS
- Hettich
- King Slide Works Co. Ltd
- ASSA ABLOY
- Accuride
- Formenti & Giovenzana S.p(FGV)
- Hafele
- GRASS
- Yajie
- HUTLON
- Salice
Highlights of The Desk Hardware Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Steel
- Brass
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Desk Hardware Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Desk hardware refers to the physical objects that are used to support a computer user's work. This can include a desk, chair, monitor, keyboard and mouse, printer, and other peripheral devices.
Some of the major companies in the desk hardware market are DTC, Blum Inc, Taiming, Jusen, ADAMS, Hettich, King Slide Works Co. Ltd, ASSA ABLOY, Accuride, Formenti & Giovenzana S.p(FGV), Hafele, GRASS, Yajie, HUTLON, Salice.
The desk hardware market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Desk Hardware Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Desk Hardware Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Desk Hardware Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Desk Hardware Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Desk Hardware Market Size & Forecast, 2018-2028
4.5.1 Desk Hardware Market Size and Y-o-Y Growth
4.5.2 Desk Hardware Market Absolute $ Opportunity
Chapter 5 Global Desk Hardware Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Desk Hardware Market Size Forecast by Type
5.2.1 Steel
5.2.2 Brass
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Desk Hardware Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Desk Hardware Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Desk Hardware Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Desk Hardware Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Desk Hardware Analysis and Forecast
9.1 Introduction
9.2 North America Desk Hardware Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Desk Hardware Market Size Forecast by Type
9.6.1 Steel
9.6.2 Brass
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Desk Hardware Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Desk Hardware Analysis and Forecast
10.1 Introduction
10.2 Europe Desk Hardware Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Desk Hardware Market Size Forecast by Type
10.6.1 Steel
10.6.2 Brass
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Desk Hardware Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Desk Hardware Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Desk Hardware Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Desk Hardware Market Size Forecast by Type
11.6.1 Steel
11.6.2 Brass
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Desk Hardware Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Desk Hardware Analysis and Forecast
12.1 Introduction
12.2 Latin America Desk Hardware Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Desk Hardware Market Size Forecast by Type
12.6.1 Steel
12.6.2 Brass
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Desk Hardware Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Desk Hardware Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Desk Hardware Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Desk Hardware Market Size Forecast by Type
13.6.1 Steel
13.6.2 Brass
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Desk Hardware Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Desk Hardware Market: Competitive Dashboard
14.2 Global Desk Hardware Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DTC
14.3.2 Blum Inc
14.3.3 Taiming
14.3.4 Jusen
14.3.5 ADAMS
14.3.6 Hettich
14.3.7 King Slide Works Co. Ltd
14.3.8 ASSA ABLOY
14.3.9 Accuride
14.3.10 Formenti & Giovenzana S.p(FGV)
14.3.11 Hafele
14.3.12 GRASS
14.3.13 Yajie
14.3.14 HUTLON
14.3.15 Salice
