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The Germany Metal Door Latch market size was valued at US$ 112.7 million in 2024 and is projected to reach US$ 138.5 million by 2030, at a CAGR of 3.5% during the forecast period 2024-2030.
Metal Door Latches are specialized fastening mechanisms designed to secure doors in closed positions, available in various styles and finishes for residential, commercial, and industrial applications.
The German Metal Door Latch market is experiencing steady growth, driven by construction activities and renovation projects across residential and commercial sectors. In 2023, total unit sales reached 12 million, with residential applications accounting for 55% of market value. The market saw a 15% increase in demand for smart, WiFi-enabled door latches in 2023, reflecting the growing trend of home automation. Mortise latches are growing at 4% annually due to their enhanced security features. The market is witnessing a trend towards aesthetically pleasing, designer door latches, with a 20% year-over-year increase in sales of premium, custom-finish latches. Adoption of antimicrobial coatings on door latches in healthcare and public facilities grew by 25% in 2023, driven by heightened hygiene awareness.
This report contains market size and forecasts of Metal Door Latch in Germany, including the following market information:
• Germany Metal Door Latch Market Revenue, 2019-2024, 2024-2030, ($ millions)
• Germany Metal Door Latch Market Sales, 2019-2024, 2024-2030,
• Germany Top five Metal Door Latch companies in 2023 (%)
Report Includes
This report presents an overview of Germany market for Metal Door Latch , sales, revenue and price. Analyses of the Germany market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report focuses on the Metal Door Latch sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the Germany Metal Door Latch market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.
This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.
Key Companies covered in this report: