Market Overview:
The global stainless steel hinges market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for stainless steel hinges in commercial and residential applications. Stainless steel hinges are corrosion-resistant and have a long life, which makes them suitable for use in applications where durability is required. In addition, the growing construction industry is also contributing to the growth of the global stainless steel hinges market. The global stainless steel hinges market can be segmented on the basis of type into concealed hinges, cranked hinges, and others. The concealed hinge segment is expected to grow at a higher CAGR than other segments during the forecast period from 2018 to 2030 owing to its superior features such as low profile design and high strength. On the basis of application,the global stainless steel hinge market can be divided into commercial and residential applications.
Product Definition:
A hinge is a type of bearing that connects two solid objects, typically allowing only a limited range of motion between them. Hinges may be made from various materials, the most common being metal. A stainless steel hinge is a specific type of hinge made from stainless steel, a durable and corrosion-resistant metal alloy. Stainless steel hinges are commonly used in applications where weathering or corrosion resistance is important, such as in outdoor furniture or appliances.
Concealed Hinges:
Concealed hinges are used in various applications such as refrigerators, freezers, washing machines and microwave ovens. They are also used in the construction industry for door frames and internal walls. The product is manufactured using stainless steel which has a high strength factor owing to which it can support heavy loads without getting damaged easily.
Cranked Hinges:
Cranked hinges are used in stainless steel hinges market. They are manufactured by using two different metals such as aluminum and stainless steel. The main purpose of this hinge is to provide a tight fit between the door and its frame so that it remains closed even when there is no weight on it. It also helps to reduce the sound produced while opening and closing doors due to less movement of the material within the door cavity.
Application Insights:
The residential application segment accounted for the largest share of more than 60.0% in 2017. The segment is expected to witness growth on account of increasing product demand from low-medium income population that prefers affordable products over high-end expensive ones. Moreover, rising real estate projects in developing countries including China, India and Brazil are likely to contribute towards higher product demand in the upcoming years.
The commercial application segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to growing renovation activities across various industries including healthcare, hospitality and retail among others which require sturdy hinges for their doors.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising construction activities in emerging economies, such as China and India. In addition, growing population coupled with increasing disposable income will drive demand for housing facilities, thereby driving industry growth.
The commercial sector is projected to witness significant growth owing to an increase in investments from foreign players along with a rise in new commercial projects. Moreover, government initiatives encouraging infrastructure development are likely to boost demand for stainless steel hinges across various applications over the coming years.
Europe accounted for more than 25% of share of global revenue in 2017 due to high product penetration across major countries including Germany and U-Kraine among others which have a strong industrial base for manufacturing hardware products including door handles etc., using premium quality materials like stainless steel These factors are expected favorably impact industry expansion during the forecast period.
Growth Factors:
- Increasing demand from construction and automotive industries
- Rising popularity of stainless steel hinges in the European market
- Growing demand for customized hinges in the Asia Pacific region
- Technological advancements in hinge manufacturing process
- Rising awareness about benefits of using stainless steel hinges
Scope Of The Report
Report Attributes
Report Details
Report Title
Stainless Steel Hinges Market Research Report
By Type
Concealed Hinges, Cranked Hinges, Others
By Application
Commercial, Residential
By Companies
Hettich, Blum, Grass, ASSA ABLOY, Simonswerk GmbH, Hafele, FGV, Dorma, Spectrum Brands, Inc., DTC, Hager Companies, Ferrari, SH-ABC, Topstrong, Archie, Kingslide, ITW Proline, Zoo Hardware
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Stainless Steel Hinges Market Report Segments:
The global Stainless Steel Hinges market is segmented on the basis of:
Types
Concealed Hinges, Cranked Hinges, Others
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
Commercial, Residential
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:
- Hettich
- Blum
- Grass
- ASSA ABLOY
- Simonswerk GmbH
- Hafele
- FGV
- Dorma
- Spectrum Brands, Inc.
- DTC
- Hager Companies
- Ferrari
- SH-ABC
- Topstrong
- Archie
- Kingslide
- ITW Proline
- Zoo Hardware
Highlights of The Stainless Steel Hinges 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:
- Concealed Hinges
- Cranked Hinges
- Others
- By Application:
- Commercial
- Residential
- 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 Stainless Steel Hinges 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.
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- Correctly Positioning New Products
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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?
Stainless steel hinges are a type of hinge made from stainless steel. They are corrosion-resistant and have a high strength to weight ratio, making them ideal for use in applications where durability is important.
Some of the key players operating in the stainless steel hinges market are Hettich, Blum, Grass, ASSA ABLOY, Simonswerk GmbH, Hafele, FGV, Dorma, Spectrum Brands, Inc., DTC, Hager Companies, Ferrari, SH-ABC, Topstrong, Archie, Kingslide, ITW Proline, Zoo Hardware.
The stainless steel hinges 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 Stainless Steel Hinges 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 Stainless Steel Hinges Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stainless Steel Hinges 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 Stainless Steel Hinges 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 Stainless Steel Hinges Market Size & Forecast, 2020-2028
4.5.1 Stainless Steel Hinges Market Size and Y-o-Y Growth
4.5.2 Stainless Steel Hinges Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Concealed Hinges
5.2.2 Cranked Hinges
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stainless Steel Hinges 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 Stainless Steel Hinges 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Concealed Hinges
9.6.2 Cranked Hinges
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Concealed Hinges
10.6.2 Cranked Hinges
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Concealed Hinges
11.6.2 Cranked Hinges
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Concealed Hinges
12.6.2 Cranked Hinges
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Concealed Hinges
13.6.2 Cranked Hinges
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
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 Stainless Steel Hinges Market: Competitive Dashboard
14.2 Global Stainless Steel Hinges Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hettich
14.3.2 Blum
14.3.3 Grass
14.3.4 ASSA ABLOY
14.3.5 Simonswerk GmbH
14.3.6 Hafele
14.3.7 FGV
14.3.8 Dorma
14.3.9 Spectrum Brands, Inc.
14.3.10 DTC
14.3.11 Hager Companies
14.3.12 Ferrari
14.3.13 SH-ABC
14.3.14 Topstrong
14.3.15 Archie
14.3.16 Kingslide
14.3.17 ITW Proline
14.3.18 Zoo Hardware
