Market Overview:
The global stainless steel balustrade market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for stainless steel balustrades in commercial and residential applications. In terms of type, the interior railing segment is expected to dominate the global stainless steel balustrade market during the forecast period, followed by exterior railing segment. In terms of application, commercial application is expected to hold a major share of the global stainless steel balustrade market during the forecast period, followed by residential application. Some key players operating in thismarket are: Kawneer Company LLC (U.S.), Tubelite Inc.(U.S.), YKK AP America Inc.(U.S.), Systemex Industries Ltd.
Product Definition:
A stainless steel balustrade is a railing system made of stainless steel components that are welded, bolted or screwed together. Stainless steel balustrades offer a modern and sleek look for any staircase or balcony. They are also very strong and durable, making them ideal for both residential and commercial applications.
Interior Railings:
Interior railings are used to support the weight of balustrades and are installed in places where it is difficult to have a railing all around the edge. They can be made from various materials such as stainless steel, aluminum, iron and wood among others. The material selected depends on factors such as design, function and aesthetics among others.
Exterior Railings:
Exterior railings are used in balustrades, stairways and walkaways to provide a handrail for the users. They are made of various materials such as stainless steel, aluminum and plastic among others. The material selected depends on the application along with aesthetic considerations. Plastic exterior railings are gaining popularity due to their low cost which is expected to drive market growth over the forecast period.
Application Insights:
Commercial application led the global stainless steel balustrade market with a share of more than 60% in 2017. Rising construction activities in emerging economies, such as China and India, are expected to drive the demand for commercial buildings over the forecast period. In addition, increasing investments by foreign players in developing residential projects is likely to augment product demand over the next eight years.
Residential applications include single-family houses and multi-story residential buildings. The segment is projected to witness significant growth on account of rising urbanization due to population growth along with higher spending capacity among consumers in developed countries like U.S., Canada and Germany who are opting for modern architectural designs for their homes instead of restoring or refurbishing old structures which were built centuries ago or earlier.
Regional Analysis:
Asia Pacific dominated the global stainless steel balustrade market in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to rising construction of residential and commercial buildings in countries such as China, India, Japan and Australia. In addition, increasing investments from foreign players are anticipated to boost demand for stainless steel balustrades in this region over the forecast period. For instance, Singapore-based Stainless Steel Balustrades Pte Ltd signed a contract with Dubai’s Rashid Development LLC for supplying stainless steel railings across various projects including World Expo 2020 and Palm Jumeirah project.
North America accounted for a significant share of global revenue owing to growing construction spending especially on single-family houses which accounts for approximately 70% of total housing units constructed annually in U.S., Canada and Mexico.
Growth Factors:
- Increasing demand from construction and infrastructure sectors
- Rising awareness about the benefits of stainless steel balustrades among consumers
- Growing popularity of modern and contemporary architecture that features stainless steel balustrades prominently
- Proliferation of online retail platforms that offer a wide range of choices for consumers to select from
- Continuous innovations in design and technology by manufacturers to stay ahead in the competitive market
Scope Of The Report
Report Attributes
Report Details
Report Title
Stainless Steel Balustrade Market Research Report
By Type
Interior Railings, Exterior Railings
By Application
Commercial , Residential
By Companies
FH Brundle, GOKING HARDWARE, Inline Design, Halinox Steel Industries, Kamal Metal Industries, Imperio Railing Systems, Three Star Metal Industries, Chamunda Steel & Furniture, Kelco Industries, S3i Group, Hyss Group, Naka Corporation
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Stainless Steel Balustrade Market Report Segments:
The global Stainless Steel Balustrade market is segmented on the basis of:
Types
Interior Railings, Exterior Railings
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:
- FH Brundle
- GOKING HARDWARE
- Inline Design
- Halinox Steel Industries
- Kamal Metal Industries
- Imperio Railing Systems
- Three Star Metal Industries
- Chamunda Steel & Furniture
- Kelco Industries
- S3i Group
- Hyss Group
- Naka Corporation
Highlights of The Stainless Steel Balustrade 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:
- Interior Railings
- Exterior Railings
- 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 Balustrade 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?
A stainless steel balustrade is a type of railing made from stainless steel. It is typically used on balconies and decks to provide a decorative edge or to help prevent people from falling off.
Some of the key players operating in the stainless steel balustrade market are FH Brundle, GOKING HARDWARE, Inline Design, Halinox Steel Industries, Kamal Metal Industries, Imperio Railing Systems, Three Star Metal Industries, Chamunda Steel & Furniture, Kelco Industries, S3i Group, Hyss Group, Naka Corporation.
The stainless steel balustrade market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Stainless Steel Balustrade Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Stainless Steel Balustrade Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stainless Steel Balustrade Market - Supply Chain
4.5. Global Stainless Steel Balustrade Market Forecast
4.5.1. Stainless Steel Balustrade Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stainless Steel Balustrade Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stainless Steel Balustrade Market Absolute $ Opportunity
5. Global Stainless Steel Balustrade Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Stainless Steel Balustrade Market Size and Volume Forecast by Type
5.3.1. Interior Railings
5.3.2. Exterior Railings
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stainless Steel Balustrade Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Stainless Steel Balustrade Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Residential
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stainless Steel Balustrade Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Stainless Steel Balustrade Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Stainless Steel Balustrade Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Stainless Steel Balustrade Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Stainless Steel Balustrade Demand Share Forecast, 2019-2026
9. North America Stainless Steel Balustrade Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Stainless Steel Balustrade Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Stainless Steel Balustrade Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Residential
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Stainless Steel Balustrade Market Size and Volume Forecast by Type
9.7.1. Interior Railings
9.7.2. Exterior Railings
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Stainless Steel Balustrade Demand Share Forecast, 2019-2026
10. Latin America Stainless Steel Balustrade Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Stainless Steel Balustrade Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Stainless Steel Balustrade Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Residential
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Stainless Steel Balustrade Market Size and Volume Forecast by Type
10.7.1. Interior Railings
10.7.2. Exterior Railings
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Stainless Steel Balustrade Demand Share Forecast, 2019-2026
11. Europe Stainless Steel Balustrade Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Stainless Steel Balustrade Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Stainless Steel Balustrade Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Residential
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Stainless Steel Balustrade Market Size and Volume Forecast by Type
11.7.1. Interior Railings
11.7.2. Exterior Railings
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Atractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Stainless Steel Balustrade Demand Share, 2019-2026
12. Asia Pacific Stainless Steel Balustrade Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Stainless Steel Balustrade Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Stainless Steel Balustrade Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Residential
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Stainless Steel Balustrade Market Size and Volume Forecast by Type
12.7.1. Interior Railings
12.7.2. Exterior Railings
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Stainless Steel Balustrade Demand Share, 2019-2026
13. Middle East & Africa Stainless Steel Balustrade Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Stainless Steel Balustrade Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Stainless Steel Balustrade Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Residential
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Stainless Steel Balustrade Market Size and Volume Forecast by Type
13.7.1. Interior Railings
13.7.2. Exterior Railings
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Stainless Steel Balustrade Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stainless Steel Balustrade Market: Market Share Analysis
14.2. Stainless Steel Balustrade Distributors and Customers
14.3. Stainless Steel Balustrade Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. FH Brundle
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GOKING HARDWARE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Inline Design
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Halinox Steel Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kamal Metal Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Imperio Railing Systems
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Three Star Metal Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Chamunda Steel & Furniture
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kelco Industries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. S3i Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hyss Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Naka Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
