Press release
U.S. Barn Door Hardware Market registering a CAGR of 5.6% and is projected to reach $287.0 million by 2032
The U.S. Barn Door Hardware Market was valued at $164.1 million in 2022 and is projected to reach $287.0 million by 2032, growing at a CAGR of 5.6% from 2023 to 2032. Barn doors, originally used in agricultural structures, have become a popular interior design element in modern homes and commercial spaces. These doors, characterized by their rustic and functional design, consist of large wooden panels made from either virgin or recycled wood. The components of barn door hardware, essential for installation and functionality, include both swing and sliding mechanisms.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ@ https://www.alliedmarketresearch.com/request-sample/A323552
๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐.๐. ๐๐๐ซ๐ง ๐๐จ๐จ๐ซ ๐๐๐ซ๐๐ฐ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ
The research methodology incorporates high-quality data, expert opinions, and independent insights to provide a comprehensive view of the market.
The study reviewed over 500 product catalogs, annual reports, and industry descriptions from leading players to gain an in-depth understanding of market trends.
The market is moderately fragmented, with key players including Allegion Plc, RealCraft Barn Doors, RW Hardware, Hager Companies, ASSA ABLOY Group, Seawin Global LLC, GlassCraft Door Company, Crown Industrial, Sun Valley Bronze, and Western Products of Indiana, Inc.
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Rising Renovation and Interior Design Trends
The growing interest in home renovation and interior design significantly contributes to the rising demand for barn door hardware. According to data from the U.S. Census Bureau, around 59% of houses in the U.S. were renovated between 2019 and 2021. During this period, the average spending on door and window renovation by a U.S. citizen increased to $1,900 from $1,500 in the previous cycle (2017-2019).
Barn doors have gained popularity due to their ability to maximize space in small rooms, closets, and hallways by eliminating the need for traditional swinging doors. Their aesthetic appeal, coupled with functionality, makes them suitable for use as privacy partitions and space dividers in bedrooms, bathrooms, home offices, and pantry areas. Furthermore, the incorporation of eco-friendly materials and finishes enhances interior spaces by creating a healthier environment and reducing exposure to harmful chemicals, further driving the demand for barn door hardware.
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Growth in Residential Construction in North America
The expansion of the residential construction sector in the U.S. has driven demand for barn doors and their associated hardware. The industry has seen steady growth due to population expansion, urbanization, and favorable economic conditions. Homeowners and designers increasingly favor open-concept floor plans, where barn doors provide an elegant and practical solution for dividing spaces without compromising openness.
Additionally, the number of residential and non-residential construction projects is rising. According to the U.S. Census Bureau, the issuance of permits for privately-owned house construction increased by 7.5% from February 2021 to February 2022. Furthermore, in 2022 alone, approximately 1.5 million new homes were built, with nearly 200,000 including patios. This growing demand for customized home features has led residential developers and builders to integrate barn doors into their projects to meet evolving consumer preferences.
The rise of multi-family housing developments, including apartments, condominiums, and townhouses, further boosts demand. These living spaces often require space-saving solutions, making barn doors an ideal choice for optimizing usable floor areas without compromising style or functionality.
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Higher consumer spending and increased disposable household income have positively impacted the barn door hardware market. According to the U.S. Bureau of Labor Statistics, disposable personal income in the U.S. grew by 0.3% in 2023 compared to 2022. This increase has encouraged homeowners to invest more in premium home decor and renovation products, including barn doors.
Consumers with higher disposable income are more inclined to purchase high-quality, customizable barn door solutions that align with their design preferences. Additionally, economic stability encourages large-scale home improvement projects, further boosting the market. The expansion of e-commerce platforms has also played a significant role in increasing product accessibility. Online marketplaces provide consumers with a wide range of barn door hardware options, facilitating price comparisons and easy purchases from the comfort of their homes.
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The U.S. Barn Door Hardware Market is segmented based on product type, material, customer type, and sales channel:
Product Type: Barn door hardware kits, handles/pulls, hook & eye latches, floor guides, door hinges, hasp & barrel bolts.
Material: Stainless steel and others.
Customer Type: Professional and DIY consumers.
Sales Channel: Offline and online sales.
The professional segment is projected to grow at a significant rate due to increasing demand for expert installation services, while the offline sales channel is expected to maintain the majority market share throughout the forecast period.
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Key players in the market include Rustica, Wayfair LLC, Tractor Supply, Menards, Amazon.com, Walmart, True Value Company, Ferguson Enterprises LLC, The Home Depot, and Lowe's Companies, Inc. Major industry players focus on strategies such as acquisitions, partnerships, and product innovations to strengthen their market presence.
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