Drawer Slides Market - Global Outlook & Forecast 2024-2029

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22 countries

25 company

9 segments

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THE GLOBAL DRAWER SLIDES MARKET SIZE IS EXPECTED TO REACH USD 3.51 BILLION BY 2029 FROM USD 2.60 BILLION IN 2023, GROWING AT A CAGR OF 5.14% DURING THE FORECAST PERIOD.

The Drawer Slides Market Size, Share, & Trends Analysis Report By

  • Extension Type: Full Extension, Over Travel, Partial Extension, and Two-way Extension
  • Mounting Type: Side Mount, Undermount, and Other Mounting Type
  • Mechanism Type: Ball Bearing, Roller Slides, and Other Mechanisms
  • Motion Type: Soft Closing, Self Closing, and Push-to-Open
  • Load Type: Light Duty, Medium Duty, and Heavy Duty
  • Material Type: Steel, Aluminum, Wood, and Other Materials
  • Application: Industrial, Commercial, and Residential
  • End-user: Furniture Manufacturing, Interior Designers, and DIY-Enthusiasts
  • Geography: North America, Europe, APAC, Latin America, and Middle East & Africa

Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2024–2029.

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GLOBAL DRAWER SLIDES MARKET REPORT SCOPE

REPORT ATTRIBUTEDETAILS
Market Size (2029)USD 3.51 Billion
Market Size (2023)USD 2.60 Billion
CAGR (2023-2029)5.14%
HISTORIC YEAR2020-2022
BASE YEAR2023
FORECAST YEAR2024-2029
SEGMENTS BYExtension Type, Mounting Type, Mechanism Type, Motion Type, Load Type, Material Type, Application, End-user, and Geography
GEOGRAPHIC ANALYSIS North America, Europe, APAC, Latin America, and Middle East & Africa
KEY PLAYERSTitus Group, Crestview Partners (Accuride International Inc), and Blum Inc
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MARKET OUTLOOK

The global drawer slides market size was valued at USD 2.60 billion in 2023 and is expected to reach USD 3.51 billion by 2029, growing at a CAGR of 5.14% during the forecast period. The market is mainly driven by rising installation in new construction, renovation, and urbanization. Drawers are installed in residential and commercial buildings, including hospitality, corporate offices, retail stores, etc. Drawer slides are an important part of the furniture industry that manufactures and distributes channels or slides for drawers' smooth opening and closing. The drawer slides market is experiencing a significant surge owing to the rising demand for efficient storage solutions among the end-users. Moreover, the increasing popularity of luxury homes and modular kitchens is also contributing to the expansion of this market.

Furthermore, with the rise of open-concept kitchens and the increasing popularity of cooking at home, the demand for stylish and practical kitchen organization products has surged. These products streamline daily routines and add aesthetic value to the kitchen space. In addition, the rising innovation and advancements such as soft close and push-to-open properties are significantly boosting the market growth. These innovations not only enhance the user experience but also extend the life span of the furniture. Thus, the drawer slides market will grow significantly over the forecast period. Also, the growth of the hospitality industry is gradually supporting the drawer slides market because of the need for furnishing and fittings in the new facilities. Countries such as the U.K., France, Germany, and others have undertaken several projects, leading to the expansion of the hospitality sector. According to Lodging Econometrics, as of the end of the third quarter of 2023, there were 759 projects under construction, 411 projects scheduled to start construction within the next 12 months, and 503 projects in the early planning stages. Thus, this growing new construction of luxury hotels propels market growth. 

MARKET TRENDS & DRIVERS

Expanding Drawer Cabinet Industry
Demand for cabinets globally will be spurred by a strong rebound in residential building construction and design trends promoting more cabinets. Kitchen cabinets continue to claim a large share of square footage in new housing, boosting demand for cabinets as these rooms are the areas of a home where cabinets are most often installed. Additionally, the National Kitchen and Bath Association (NKBA) reports overall kitchen and bath market forecasts for the latter part of 2023 and into 2024 show cautious optimism regarding sales. Current expectations for NKBA's US Home Remodeling Index point to a Q2 2023 growth rating of 65.5, compared to the year-over-year ratings of 62 in Q2 2022. Thus supporting the growth of the advanced drawer slides market.

Increasing Demand for Full Extension Drawer Slides
Drawer slides form the backbone of efficient cabinetry; full-extension drawer slides reign supreme among these. Unlike traditional drawer slides, full extension drawer slides provide unparalleled access to the entire drawer's depth. This means no more rummaging around for items tucked away at the back. Moreover, full extension drawer slides bring many advantages to storage solutions. These slides go beyond mere accessibility; they redefine organization and convenience. By capitalizing on the entire drawer's depth, drawer slides of the full extension variety amplify storage capacity. 

SEGMENTATION INSIGHTS

INSIGHTS BY EXTENSION TYPE
The global drawer slides market by extension type is segmented into full extension, over travel, partial extension, and two-way extension. In 2023, the full extension segment dominated the segmental market share. Full extension slides allow drawers to fully extend out of the cabinet, providing easy access to all drawer contents. This makes them highly convenient and user-friendly compared to partial extension or non-extension slides. Also, with space being a premium in modern living and work environments, the ability to fully utilize drawer space is crucial. Full extension slides maximize usable space by extending drawers completely, enabling better organization and storage efficiency.

INSIGHTS BY MOUNTING TYPE
Based on mounting type, the side mount segment held the most significant share of the global drawer slides market in  2023. The versatility of side mount drawer slides further contributes to their escalating demand on a global scale. Available in various sizes, materials, and weight capacities, these slides cater to various furniture designs and functionalities, ranging from kitchen cabinets and bathroom vanities to bedroom dressers and office storage units.

INSIGHTS BY MECHANISM TYPE
In 2023, the ball bearing mechanism type segment dominated the global drawer slides market and is expected to grow at a CAGR of over 5% during the forecast period. There is a rising demand for smooth and efficient drawer systems in various applications. Ball-bearing drawer slides offer superior gliding motion and load-bearing capacity, making them ideal for residential and commercial use.

INSIGHTS BY MOTION TYPE
The global drawer slides market by motion type is segmented into soft closing, self-closing, and push-to-open. The soft closing segment dominated the global market share in 2023. The soft closing drawer slide is growing significantly in today’s fast-paced world; consumers highly value convenience. Soft close drawer slides offer the convenience of effortless closing, eliminating the need for users to exert force to shut drawers fully. This convenience factor appeals to many customers, from busy professionals to elderly individuals seeking ease of use in everyday tasks. Further, soft close drawer slides contribute to a safer living environment by reducing the risk of injuries, particularly in households with children or pets. Further, as technology advances and manufacturing processes become more efficient, the cost of soft close drawer slides has become increasingly affordable. This accessibility has made them more accessible to a broader market segment, driving their widespread adoption in residential and commercial applications.

INSIGHTS BY LOAD TYPE
Based on load type, the light-duty drawer slides dominate the global drawer slides market and account for an absolute growth rate of around 36% during the forecast period. The demand for these drawer slides is rising as they are commonly used in applications such as kitchen cabinets, bathroom vanities, home office furniture, and retail displays, providing smooth and reliable operation for lightweight drawers and storage compartments.

INSIGHTS BY MATERIAL TYPE
The global drawer slides market by material type is segmented into steel, aluminum, wood, and other materials. The steel segment held the most significant share of the market in 2023. The demand for steel drawer slides is increasing due to several factors that reflect the evolving needs of industries and businesses. One of the leading factors is steel's robust and durable nature, making it an ideal solution for manufacturing drawer slides. The robust nature of steel allows it to withstand substantial weight for a long term. However, the aluminum segment is growing at a high CAGR due to convenient, cost-effective, and light solutions. Due to the increased prevalence of house ownership, customers often seek storage alternatives that ease the organization and transfer of equipment.

INSIGHTS BY APPLICATION
The global drawer slides market by application is segmented into industrial, commercial, and residential. In 2023, the industrial application segment of major contributors, such as manufacturing facilities and warehouses, generated the maximum revenue in the market. The scenario is expected to remain consistent throughout the forecast period due to the rising industry demands for storage solutions. Industrial facilities, from manufacturing plants to data centers require efficient, organized, and reliable systems to store and access tools, equipment, and components. Drawer slides, or drawer runners, are crucial in these systems, providing smooth, controlled linear movement that enhances productivity and safety. However, renovation, retrofit, and DIY activities are expected to drive the drawer slides market in the residential and commercial segments.

INSIGHTS BY END-USERS
The global drawer slides market by end-users is segmented into furniture manufacturing, interior designers, and DIY enthusiasts. In 2023, the furniture manufacturing industry generated the maximum revenue in the global market. This industry encompasses various activities, from the initial design and material selection to the final assembly and finishing of furniture pieces. The furniture market leverages different types of drawer slides to enhance the user experience, ensure durability, and meet aesthetic preferences. By incorporating advanced features and customizing drawer slides to suit specific applications, furniture manufacturers can provide high-quality, reliable, and attractive furniture solutions for various settings.

GEOGRAPHICAL INSIGHTS

APAC dominated the global drawer slides market in 2023 due to the large-scale construction industry and rising disposable income. The booming real estate sector and the growing demand for home and office furniture, where drawer slides are extensively used, contributed significantly to the market's growth. As the world's manufacturing hub, China has many companies producing drawer slides, further boosting the country's market. Furthermore, the urbanization of developing countries in APAC is expected to boost retail sales and the growth of industries. All such factors are expected to propel construction activities in the region. Thus, with the rise in commercial and residential construction, the demand for furnishing products will also witness growth by supporting the drawer slides market.

Europe holds a significant position in the global drawer slides market. The major markets in Europe include the U.K., Germany, Italy, Spain, and France. Other markets, such as Finland and Poland, are expected to be promising for drawer slides due to the rising purchasing power and increased industrial growth. The growing popularity of DIY in European home improvement projects is also expected to drive the demand. Manufacturers have also introduced lightweight drawer slides to cater to the diverse consumer base in the region. Furthermore, the market in North America is projected to grow significantly in the coming years, owing to the increasing demand for premium and high-quality furniture from the residential sector, rising living standards, and growing home renovation trends.

VENDOR LANDSCAPE

A diverse range of large and small players characterizes the global drawer slides market. These companies actively develop innovative products and invest in research and development initiatives to expand their product offerings. As international players expand their presence in various regions, local manufacturers may face competing challenges. The regional players often focus on specific geographical markets or niche segments where they can offer specialized solutions and personalized services. For instance, Grass GmbH & Co. is a European specialist known for its cutting-edge drawer slide systems offered primarily to the European market. Further, significant players competing in the global drawer slides market are Titus Group, Blum Inc, Crestveiw Partners (Accuride International Inc), The Hettich Group, Hafele GMBH & CO KG, King Slide, and others. These companies use development strategies to expand their consumer base worldwide, including mergers, acquisitions, partnerships, collaboration, and product launches. For instance, In 2021, Accuride International unveiled the Accuride 3932 medium-duty and full-extension slide, giving woodworkers and manufacturers a new solution for heavier and larger compartments.

Frequently Asked Questions

Which region dominates the global drawer slides market share?

APAC held the largest global drawer slides market share, accounting for a share of over 32% in 2023.

What are the significant trends in the drawer slide market?

Escalating demand for luxury homes, the surge in the hospitality industry, and a rise in DIY culture are significant trends in the drawer slide market.

What is the growth rate of the global drawer slides market?

The global drawer slides market is expected to grow at a CAGR of 5.14% from 2023 to 2029.

How big is the global drawer slides market?

The global drawer slides market size was valued at USD 2.60 billion in 2023 and is expected to reach USD 3.51 billion by 2029.

Who are the key players in the global drawer slides market?

Titus Group, Crestview Partners (Accuride International Inc), and Blum Inc are the key players in the global drawer slides market.

The global drawer slides market size is expected to grow at a CAGR of approximately 5.14% from 2023 to 2029.

The following factors are likely to contribute to the growth of the global drawer slides market during the forecast period:

  • Increasing Home Ownership
  • Growing Demand for Home Organization Storage Solutions
  • Rising Demand for Full Extension Drawer Slides

Base Year: 2023

Forecast Year: 2024-2029

The report considers the present scenario of the global drawer slides market and its market dynamics for 2024−2029. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.

Key Company Profiles

  • Titus Group
    • Business Overview
    • Product Offerings
    • Key Strategies
    • Key Strengths
    • Key Opportunities
  • Crestview Partners (Accuride International Inc)
  • Blum Inc

Other Prominent Vendors

  • The Hettich Group
    • Business Overview
    • Product Offerings
  • Grass GmbH & Co.
  • Hafele GmbH & Co KG
  • Formenti & Giovenzana S.p (FGV)
  • King Slide Works Co. Ltd
  • Chambrelan
  • Guangdong Taiming Metal Products Co., LTD
  • Guangdong Dongtai Hardware Group
  • Knape & Vogt Manufacturing Company
  • ITW Proline (Prestige)
  • SALICE
  • General Devices
  • Jonathan Engineered Solutions (JLL Partners)
  • Sugatsune Kogyo Co.
  • Maxave Group
  • Fulterer AG & CO KG
  • Meaton
  • King Slide Works Co., Ltd
  • Formenti & Giovenzana
  • SISO Denmark
  • Italik Metalware Pvt Ltd
  • V N Enterprises

Segmentation by Extension Type

  • Full Extension
  • Over Travel
  • Partial Extension
  • Two-way Extension

Segmentation by Mounting Type

  • Side Mount
  • Undermount
  • Other Mounting Type

Segmentation by Mechanism Type

  • Ball Bearing
  • Roller Slides
  • Other Mechanisms

Segmentation by Motion Type

  • Soft Closing
  • Self Closing
  • Push-to-Open

Segmentation by Load Type

  • Light Duty
  • Medium Duty
  • Heavy Duty

Segmentation by Material Type

  • Steel
  • Aluminum
  • Wood
  • Other Materials

Segmentation by Application

  • Industrial
  • Commercial
  • Residential

Segmentation by End-user

  • Furniture Manufacturing
  • Interior Designers
  • DIY-Enthusiasts

Segmentation by Geography

  • APAC
    • China
    • Japan
    • India
    • South Korea
    • Australia
  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The U.K.
    • France
    • Italy
    • Netherlands
    • Spain
    • Belgium
    • Sweden
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Turkey

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Frequently Asked Questions

Which region dominates the global drawer slides market share?

APAC held the largest global drawer slides market share, accounting for a share of over 32% in 2023.

What are the significant trends in the drawer slide market?

Escalating demand for luxury homes, the surge in the hospitality industry, and a rise in DIY culture are significant trends in the drawer slide market.

What is the growth rate of the global drawer slides market?

The global drawer slides market is expected to grow at a CAGR of 5.14% from 2023 to 2029.

How big is the global drawer slides market?

The global drawer slides market size was valued at USD 2.60 billion in 2023 and is expected to reach USD 3.51 billion by 2029.

Who are the key players in the global drawer slides market?

Titus Group, Crestview Partners (Accuride International Inc), and Blum Inc are the key players in the global drawer slides market.