The Global Market for Builders’ and Cabinet Hardware is Projected to Exceed US$19.4 Billion by 2022
Rising Investments in Real Estate Drives the Global Builders’ and Cabinet Hardware Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Builders’ and Cabinet Hardware market. The global market for Builders’ and Cabinet Hardware is projected to exceed US$19.4 billion by 2022 , driven by growing construction activity, rising investments in real estate sector, residential replacements, and improving standards of living. Demand for builders’ and cabinet hardware is heavily influenced by trends in the cabinet, door and window market, real estate, new constructions, and renovations. The growth in global population, especially in developing nations, and the subsequent increase in demand for housing units as well as infrastructure facilities are expected to offer sizeable growth opportunities for the market. Rapid urbanization, with a...