Global Floor Hinge Market is expected to grow at a CAGR of 5.5% from 2022 to 2030.
A floor hinge is a door hinge that is installed on the floor rather than on the door. Floor hinges are commonly used in commercial or institutional settings where there is a high volume of traffic and the doors must swing open quickly and easily. Floor hinges can also be used in residential settings, particularly in small rooms like kitchens and bathrooms.
The increasing demand for floor hinges in commercial and residential applications is driving market growth. Floor hinges are used in a variety of applications, including door closers and cabinet doors. They are made of high-quality materials that are strong and long-lasting. There are two types of floor hinges: single-action floor hinges and double-action floor hinges.
Rising construction activity in developing economies such as China, India, and Brazil due to rising disposable income levels and a growing population is expected to drive product demand in this segment. Due to the increasing penetration of flooring systems such as wood flooring and carpeted floors, among others, the home application segment accounted for a significant market share in terms of revenue and volume. Furthermore, high consumer spending on home remodeling activities is expected to drive industry growth over the forecast period.
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The report is being prepared with various factors in mind, including product pricing, product or service penetration at both the national and regional levels, country GDP, market dynamics of parent and child markets, end application industries, major players, consumer buying behaviour, economic, political, and social scenarios of countries, and many more. The report is divided into segments to provide a detailed analysis of the market from every angle possible.
Global Floor Hinge Market: By Key Players
- BSI
- G-U
- Hehe
- GMT
- Seleco
- Hutlon
- KIN LONG
- ASSA Abloy
- Archie
- Daedalus
- DMD
- Amex
- Huisda
- Modern
- GEZE
- Crown
- LASTING
- Dorma
- Dinggu
- FEELER
- ECO
Global Floor Hinge Market: By Types
- Single Action Floor Hinge
- Double Action Floor Hinge
Global Floor Hinge Market: By Applications
- Commercial
- Home
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Floor Hinge manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Floor Hinge market covering all its essential aspects.
Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
Objectives of the Study:
To provide with an exhaustive analysis on the Floor Hinge Market by Product, By Application, By End User and by Region.
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
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