North America slide rails market for home appliances is expected to reach $17,173.0 million in 2027, from $12,500.0 million in 2019, growing at a CAGR of 4.1%
PORTLAND, UNITED STATES, UNITED STATES, May 24, 2023 /EINPresswire.com/ — The North American slide rails market for home appliances has been growing rapidly in recent years. This market has seen an increased demand and interest due to the convenience of slide rails for various home appliances. Slide rails provide a mechanism for opening and closing doors, drawers, and other features on a variety of home appliances. They can be found in ovens, washing machines, refrigerators, dishwashers, stoves, and other appliances.
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The North America slide rails market size for home appliances is expected to reach $17,173.0 million in 2027, from $12,500.0 million in 2019, growing at a CAGR of 4.1% from 2020 to 2027. The majority of the slide rails market is concentrated in the United States and Canada. The US had a 93.9% share of the North American slide rails market in 2019, while Canada had a 6.1% share.
The main driving force behind the growth of the North American slide rails market is the increasing demand for convenience and ease of use. Slide rails make it easier to open and close drawers, doors, and other features. They also provide support for heavier objects, preventing accidental tipping or crashing. Additionally, slide rails are becoming increasingly popular in home appliances due to their ease of installation, increased durability, and ability to fit into small spaces. Other factors contributing to the growth of the North American slide rails market include the rising purchasing power of consumers, the increasing use of sophisticated materials, and the availability of attractive discounts and offers.
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The main players in the North American slide rails market for home appliances are Blum Inc., Grass America Inc., Knape & Vogt, Sugatsune Kogyo Co. Ltd., and Hettich America LP. These companies specialize in producing slide rails for a variety of applications. They offer a range of products in various sizes, shapes, and styles to meet the needs of different customers.
The North American slide rails market for home appliances is expected to continue its positive growth in the coming years. Increasing consumer demand for convenience, safety, and durability in home appliances is expected to drive further growth in this market. Companies in this space can take advantage of the opportunities this market presents by investing in research and development to expand their product offerings.
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This information is based on a detailed market research report on the North American slide rails market for home appliances published by Mordor Intelligence.
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