Door Handles Market Size, Share, Growth Analysis, By Type(Lever Handle, and Knob Handle), By Application(Residential, and Commercial), By Material(Brass, Aluminium, and Zinc), By Region - Industry Forecast 2024-2031

North America dominates the door handle market due to its increasing investments in the real estate sector and sales of new homes. According to the Home Improvement Research Institute (HIRI), Americans spent nearly 9% more on home improvement between 2019 and 2020, which includes door handle upgrades. Moreover, the rise in government initiatives in several nations aimed at encouraging affordable housing for the lower-income population is a significant factor driving the industry. Additionally, companies are manufacturing fashionable products with modified designs, patterns, and materials that offer rich aesthetic appeal to the infrastructures.

APAC is expected to be the fastest-growing region in the door handle industry, owing to the growing construction industry in countries like China, India, and Japan. These countries are experiencing rapid urbanization and industrialization, leading to increased demand for door handles in the residential and commercial sectors. The increasing spending on home remodeling and interior fittings, along with rising consumer spending, is driving the market growth in APAC. Moreover, the growing tourism sector and the increasing establishment of commercial buildings are expected to generate significant demand for door handles, thereby augmenting the industry growth in the region.