A recent study published by MarkNtel Advisors on the Global Door Handles Market Share, Size, Trends, Growth, Report and Forecast 2023-28 brings together an in-depth understanding of all aspects influencing the industry's expansion both in the present and during the historical period 2018-21. This analysis comprises unbiased, accurate, & reliable market intelligence, shedding light on key parameters like the market growth drivers, challenges, restraints, and opportunities, among others. The stakeholders can attain data on the key trends, recent developments, investments & strategies, among other elements shaping the market dynamics.

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Door Handles Market Dynamics

“Door Handles Market Analysis, 2023” research report entails a detail-oriented analysis of aspects like the Covid-19 impact, segmentation analysis, country/regional landscape, recent developments, demand & supply chain, and product/service pricing, among others, driving the market expansion across different segments & geographies. This section aims solely to enlighten the stakeholders & the leading players to plan & lay out new strategies for expanding their visibility, product portfolio, & customer base and generating significant revenues in the coming years.

Growth Restraint: Rapidly Rising Installation of Manual Revolving Doors after the Covid-19 pandemic

Manual revolving doors do not need handles and are found mostly on university campuses, government buildings, etc. However, after the advent of Covid-19, such doors are being increasingly installed in more & more public places like office buildings, composite apartments, community halls, public dorms, and most importantly, hospitals, as the transmission of contagious diseases through door handles is relatively higher. Hence, the ever-increasing use of doors with manual mechanisms is hampering the demand for regular doors, i.e., the most prominent aspect projected to hinder the growth of the Global Door Handles Market during 2023-28.

Impact of Covid-19 on the Door Handles Market

The advent of Covid-19 in 2020 had a consequential effect on most industries worldwide that instigated our analysts to rigorously examine the ground reality of situations in the Door Handles Market by constantly interacting with the industry experts. The Covid-19 impact analysis section compiles all attributes of relevant events that happened during & after the outbreak, alongside the strategies adopted by the industry players to overcome the damages & sustain amidst the crisis.

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Door Handles Market Major Segments

The Door Handles Market bifurcates into the following segmentations:

-By Type

• Lever Handles
• Door Knobs
• Sliding Door Handles
• Pull Handles

-By Application

• Residential
• Commercial
• Industrial
• Others

-By Material

• Metal
• Plastic
• Fiber
• Others

-By Distribution Channel

• Online
• Offline

Door Handles Market Geographical Landscape

On the geographical front, the market expands across:

-By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Competitive Analysis

The study on Door Handles Market brings together extensive research on the prominent companies participating in the industry by rigorously profiling their operations, product/service portfolio, mergers & acquisitions, expansion plans, recent developments, key strategies, and opportunities to attain higher profit margins. The leading industry players, as profiled in the report, include the following:

• The Häfele Group
• Assa Abloy AB
• Aarkay Vox
• Kuriki Manufacture Co.
• Hoppe Holding AG
• Ace Hardware Corporation
• Emtek Products Inc.
• Sugatsune America, Inc.
• West Corporation
• Allegion Plc
• Latham’s Steel Security Doors
• Schlage
• Baldwin Hardware
• Archello
• Door Handle Company

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

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