The stair stringer market manufactures stair stringers which provide structural support to stairs. Stair stringers are typically made of wood, steel or aluminum and are attached to the sides of staircases to support stair treads and risers. The increasing construction of residential and commercial buildings globally has propelled the demand for stair stringers. Stair stringers offer durability and ensure safety on stairs.

The Global stair stringer market is estimated to be valued at US$ 1.96 Mn in 2024 and is expected to exhibit a CAGR of 6.5% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the stair stringer market are MSD (Merck), Liminal Biosciences, Glenmark Pharma, J.B. Chemicals & Pharmaceuticals, Boehringer Ingelhim International GmbH, F. Hoffmann-La Roche Ltd, Inc., and Cipla.

The Stair Stringer Market Size include product innovation to enhance durability and sustainability. There is growing demand for lightweight and corrosion-resistant materials for stair stringers. Moreover, the growing residential construction in emerging economies of Asia Pacific and Latin America is fueling the expansion of the global stair stringer market.

Market Drivers

The rising construction of residential and commercial buildings globally is the major market driver for stair stringers. Rapid urbanization and increasing per capita income are encouraging residential construction in developing countries. Moreover, strict building codes emphasizing safety and durability of staircase components is augmenting the demand for quality stair stringers. The increasing replacement and renovation activities of old structures also require stair stringers, thereby propelling market growth.

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