Product Code: ETC041711 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Vietnam Steel Hinges Market, steady growth has been observed, driven by the construction and furniture industries. Steel hinges are essential components in doors, cabinets, and furniture items, and with the increasing demand for modern and functional products, the market has expanded. Key players in this sector provide a variety of steel hinges, catering to different sizes and specifications for diverse applications.
The Vietnam Steel Hinges Market has been driven by the country`s growing construction and furniture industries. As Vietnam witnesses rapid urbanization and infrastructural development, there is an increasing demand for hinges and other hardware products in building construction and interior design projects. Steel hinges are widely used in doors, windows, cabinets, and furniture items, offering durability, strength, and functionality in various applications. With the rising disposable incomes and changing lifestyles of consumers, the demand for modern and aesthetically appealing furniture has also increased. Steel hinges play a crucial role in providing smooth functionality and stability to furniture items, contributing to their popularity among manufacturers and consumers alike. Moreover, the government`s focus on promoting affordable housing and infrastructure development has further boosted the demand for construction materials and hardware, including steel hinges. The growing real estate sector in Vietnam, with a rise in residential and commercial projects, has created a steady demand for construction and hardware products.
The Vietnam Steel Hinges Market faces challenges related to market competition and price pressure. With the presence of multiple players offering steel hinges in the market, price competition can impact profit margins for manufacturers. Differentiating products based on quality, durability, and additional features is crucial to overcome this challenge. Moreover, the availability of cheaper imported steel hinges from other countries can also pose challenges for local manufacturers. Local manufacturers need to focus on quality assurance and customer service to maintain a competitive edge in the market.
The Vietnam Steel Hinges Market faced challenges during the COVID-19 pandemic due to disruptions in manufacturing and logistical operations. With restrictions on movement and reduced workforce availability, the production and distribution of steel hinges were impacted. However, the market showed resilience as it witnessed an increased demand for steel hinges used in healthcare facilities, quarantine centers, and sanitation infrastructure during the pandemic. Steel hinges were essential components for doors and partitions in medical settings, contributing to the market`s stability during challenging times.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Steel Hinges Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Steel Hinges Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Steel Hinges Market - Industry Life Cycle |
3.4 Vietnam Steel Hinges Market - Porter's Five Forces |
3.5 Vietnam Steel Hinges Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Steel Hinges Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Vietnam Steel Hinges Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Steel Hinges Market Trends |
6 Vietnam Steel Hinges Market, By Types |
6.1 Vietnam Steel Hinges Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Steel Hinges Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Steel Hinges Market Revenues & Volume, By Sliding Type, 2021-2031F |
6.1.4 Vietnam Steel Hinges Market Revenues & Volume, By Card Slot Type, 2021-2031F |
6.2 Vietnam Steel Hinges Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Steel Hinges Market Revenues & Volume, By Closet, 2021-2031F |
6.2.3 Vietnam Steel Hinges Market Revenues & Volume, By Door, 2021-2031F |
6.2.4 Vietnam Steel Hinges Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Steel Hinges Market Import-Export Trade Statistics |
7.1 Vietnam Steel Hinges Market Export to Major Countries |
7.2 Vietnam Steel Hinges Market Imports from Major Countries |
8 Vietnam Steel Hinges Market Key Performance Indicators |
9 Vietnam Steel Hinges Market - Opportunity Assessment |
9.1 Vietnam Steel Hinges Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Steel Hinges Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Vietnam Steel Hinges Market - Competitive Landscape |
10.1 Vietnam Steel Hinges Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Steel Hinges Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |