Hexa Research
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poses a challenge to drawer slides market . Over the last few years , fluctuations in steel prices had a negative impact on the market .
The market can be segmented on the basis of end-use industry , product type and material type . Drawer slides has various end-use application segments such as architectural , industrial storage , transport , emergency services vehicles , woodworking projects , retail and display , vending and cash handling , office and domestic furniture , domestic appliances , media and audio visual , medical and general electronics . The wooden drawers which are primarily used in areas such as kitchen , home , office and TV cabinets dominated the market in the recent past .
On the basis of product type , the market for drawer slides is classified as touch release drawer slides , self closing , soft close , undermount and side mount slides , motorized and mechanical lift , electronic locking slides , cabinet slides , ball bearing slides , overtravel slides , full extension and heavy duty drawer slides . The full extension slides used in wooden drawers ranging from kitchen to office is one the leading product segment witnessing high demand globally . On the basis of material , the market is segmented as stainless steel or aluminum .
The Asia-Pacific region currently dominates the drawer slides market . The growth is primarily driven by rapid industrialization , rising residential projects and high disposable income in this region especially in China and India . Middle East region is also observing proliferation in the demand of drawer slides on account of infrastructure developments and increasing investments in retail and hospitality centers .
Key players in this market include Knape & Vogt Manufacturing Company , Blum Inc ., Accuride , Fulterer , INDAmatic , Rockler Companies , Inc ., Inter IKEA Systems B . V ., King
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