Press release
Barn Door Hardware Market | Smart Standard, MWE North America, Specialty Doors, RW Hardware
South America is expected to witness a significant growth in global barn door hardware market by 2021. Increasing demand for barn doors from the construction industry is a key factor driving the growth of barn door hardware market in this region. For instance, the construction industry in Brazil has witnessed significant growth in the previous years. As per data provided by the Brazilian Institute of Geography and Statistics, the GDP from the construction industry in Brazil increased from US$ 3280 million in 2018 to US$ 3425 million in 2019.Furthermore, American style barn doors, which are extremely eye-catching in home spaces are available in numerous varieties such as wood barn door, chalkboard barn door, and translucent glass barn doors among others. These are used in many residential constructions for interior decoration, which is expected to drive growth of the barn door hardware market in South America.
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Detailed Segmentation:
Global Barn door hardware Market, By Product Type:
Flat Track Hardware
Frameless Hardware
Curved Track Hardware
Box Rail Hardware
Others
Global Barn door hardware Market, By Application:
Commercial
Residential
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Players operating in the global barn door hardware market are focused on adopting various growth strategies such as new product launches, and mergers and acquisitions to enhance their consumer base. For instance, in December 2019, MWE North America, one of the leading players in the barn door hardware market based in the U.S., launched a highly engineered sliding wheel for barn door application. The wheel allows free rotation around curved rails and moves flat door panels in curved areas.
Furthermore, in February 2019, MWE North America, partnered with ARCAT Inc. to design premium door hardware software - SpecWizard. The system allows the customers to configure door hardware and identify the building products’ specifications. This is expected to help the company to cater to the customers' requirements.
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