Safes and Vaults

World Market Report

MCP-2767

EXECUTIVE ENGAGEMENTS

POOL

436
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INTERACTIONS

87
Interactions with Platform & by Email

PARTICIPANTS

17
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VALIDATIONS

7
Responses Validated*

COMPANIES

137
Responses Validated*
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DATE

JAN 2022

TABLES

202

PAGES

323

EDITION

16

PRICE

USD 5600

CODE

MCP-2767


COMPETITIVE METRICS

COMPETITORS (ALPHABETICAL)

STRONG ACTIVE NICHE TRIVIAL

%

VALIDATED RESEARCH *

S A N T
S A N T
S A N T
S A N T
S A N T
S A N T
S A N T
S A N T
S A N T
S A N T

* S = Strong; A = Active; N = Niche; T= Trivial (<1%)
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HIGHLIGHTS & REPORT INDEX

What's New for 2022?

» Global competitiveness and key competitor percentage market shares
» Market presence across multiple geographies - Strong/Active/Niche/Trivial
» Online interactive peer-to-peer collaborative bespoke updates
» Access to our digital archives and MarketGlass Research Platform
» Complimentary updates for one year

Amid the COVID-19 crisis, the global market for Safes and Vaults estimated at US$6.7 Billion in the year 2020, is projected to reach a revised size of US$10.9 Billion by 2027, growing at aCAGR of 7.1% over the period 2020-2027. Safes, one of the segments analyzed in the report, is projected to record 7.9% CAGR and reach US$7.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Vaults segment is readjusted to a revised 5.5% CAGR for the next 7-year period.
The Safes and Vaults market in the U.S. is estimated at US$1.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.4 Billion by the year 2027 trailing a CAGR of 11.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 6.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

SELECT PLAYERS

Access Security Products Ltd.; Acme Safe Company; Allied Fire & Security; Alpha Safe & Vault, Inc.; ASSA ABLOY Hospitality; BJARSTAL sarl; Bode-Panzer GmbH; Bordogna S.r.l; Brown Safe Manufacturing, Inc.; Cannon Safe, Inc.; Citysafe; Diebold Nixdorf; dormakaba Holding AG; FireKing Security Group; Firelock Fireproof Modular Vaults; Format Tresorbau GmbH & Co. KG; Fort Knox Inc.; Godrej & Boyce Mfg. Co., Ltd.; Gunnebo AB; Hall`s Safe Company; Hayman Safe Company, Inc.; Juwel Srl; KASO Oy; Liberty Safe and Security Products, Inc.; Onity; Phoenix Safe Company Limited; Technomax Srl

SEGMENTS

» Segment (Safes, Vaults)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Safes and Vaults: Safeguarding and Securing Assets for a Safer Future
Recent Market Activity
Rising Asset Safety Concerns & an Increasingly Security-Conscious Society: Foundation for Market Growth
Important Factors Driving Widespread Adoption over the Years
Consumer Perception of Crime
Regulatory Mandates
Product Innovations & Introductions
Global Market Outlook
Developing Countries Continue to Power Current and Future Market Growth
Rise of Agency Banking Channel Propels Demand for Small and Mid-Sized Safes and Vaults
Stable Growth Fundamentals Present Optimistic Market Outlook
Safes and Vaults – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Access Security Products Ltd. (Canada)
Acme Safe Company (USA)
Allied Fire & Security (USA)
Amsec (USA)
Gardall Safe Corporation (USA)
Alpha Safe & Vault, Inc. (USA)
ASSA ABLOY Hospitality (USA)
BJARSTAL sarl (France)
Bode-Panzer GmbH (Germany)
Bordogna S.r.l (Italy)
Brown Safe Manufacturing, Inc. (USA)
Bumil Safe Mfg. Co., Ltd. (Korea)
Cannon Safe, Inc. (USA)
Citysafe (USA)
Diebold Nixdorf (USA)
dormakaba Holding AG (Switzerland)
Firelock Fireproof Modular Vaults (USA)
FireKing Security Group (USA)
Format Tresorbau GmbH & Co. KG (Germany)
Fort Knox Inc. (USA)
GARDEX Inc. (Canada)
Godrej & Boyce Mfg. Co., Ltd. (India)
Gunnebo AB (Sweden)
Chubb Safes Ltd. (UK)
Hamilton Safe (USA)
Fichet-Bauche SA (France)
Hall’s Safe Company (USA)
Hayman Safe Company, Inc. (USA)
Juwel Srl (Italy)
KASO Oy (Finland)
Liberty Safe and Security Products, Inc. (USA)
Onity (USA)
Phoenix Safe Company Limited (UK)
Sentry Group, Inc. (USA)
Stark Safes Srl (Italy)
Technomax Srl (Italy)
3. MARKET TRENDS & DRIVERS
Non-Banking Safes to Witness Higher Growth
Government Regulations Drive Innovations in Data Vaults
Surging Demand for Biometric Safes and Vaults Drives Healthy Market Growth
Market Drivers
Market Inhibitors
Myriad Benefits of Biometric Safes over Traditional Safes Lead to Widespread Market Adoption
Limitations of Traditional Lock Systems
Benefits of Fingerprint Recognition
Legal Considerations
Growing Popularity of Smart Safes in Retail Outlets Benefits Market Expansion
Key Benefits Offered by Smart Safes to Retailers
Increasing ATM Deployments Drive Strong Growth in Demand for Cash Safes
Multi-Purpose ATMs Spur Demand for Depository Safes
Dial Locks Versus Electronics Locks: Where Does the Future Lie?
Convergence with Advanced Communication Technologies Set to Become a Norm
Sophisticated Gun Safes and Vaults for Home Defense
Vault Management Systems
Automatic Safe Dialer
Portable Teller Units
Controlled Environment Vault (CEV)
Specialized Vaults with Computerized Locks
Urgent Need to Manage Firearms Possession Boosts Demand for Gun Safes
Government Compliance Regulations Power Growth for Gun Safes and Vaults
Key Considerations while Selecting Gun Safe Models
Gun Safes Manufacturers Innovate to Stay Ahead of the Game
Steel
More Stylish Designs
Improved Locking Systems
Alarms and Additional Features
Faster Access
Multifunctional Use
Discrete Concealment
Mounting Digital Media Penetration Augurs Well for Data Media Safes
Safes and Vaults Emerge as Key Customer Service Strategy in Hospitality Industry
Portable Safes Emerge as a Potent Instrument of Security for Frequent Travelers
Government, Military & Security Services: Dominant Users of Safes and Vaults
Wall & Floor Safes Continue to Remain a Popular Option
Sales of Home Safes Gain Momentum
Modular Safes Offer Easy Portability and Installation
Fireproof Safes Provide Efficient Protection from Intense Heat
Custom Safes: A Suitable Option for Addressing Diverse Needs
Housing Construction & Renovation: An Important Growth Driver
Safes and Vaults Standards: Essential for High-end Security Models
Safes and Vaults Innovations and Advancements: Spearheading Growth
Internet Protocol (IP) Enabled Safes: The Next Big Thing in Safe Technology
Next-Generation Gun Safes and Vaults for Vehicles
Advanced Storage Options from Tuffy Security Products
TrunkVault and TruckTuff Dog Kennel by TruckVault
Smart Vaults: The Future of Bank Vaults
Sensor Integration Remains Key to Ensuring Security
Portable Safe for Diamonds and Jewelry
Unbreakable Piggy Bank
Select Innovative and Advanced Gun Safes and Vaults
1420M Bundle by Tactical Walls
Beast Safe by Browning
Biometric Pistol Vault by Bulldog
Biometric Wall Safe by Barska
Digital Personal Vault by Bulldog Cases
Hawk Secure-it
Knight TAC-75 by Pendleton
Magnum RFID/LED Quick Vault by Bulldog Cases
PV1000 by Browning
Quick Access Rifle Safe by Barska
Quick Vent and QuickShelf Safes by QuickSafes
RAPiD Safe and RAPiD Safe 2600 by Hornady
Revolution Safe Stronghold XL Tactical Edition
Slide Away Safe by V-Line
SpeedVault by GunVault
Super-Size Biometric Safe by Stack-On
The GunBox
4. GLOBAL MARKET PERSPECTIVE
World Recent Past, Current & Future Analysis for Safes and Vaults by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Safes and Vaults by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Safes and Vaults by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2021 & 2027
World Recent Past, Current & Future Analysis for Safes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Safes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Safes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
World Recent Past, Current & Future Analysis for Vaults by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Vaults by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Vaults by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
UNITED STATES
Safes and Vaults Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
USA Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
USA Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
USA 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
EUROPE
Safes and Vaults Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
Europe Recent Past, Current & Future Analysis for Safes and Vaults by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Europe Historic Review for Safes and Vaults by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Safes and Vaults by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2021 & 2027
Europe Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Europe Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
UNITED KINGDOM
Safes and Vaults Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
UK Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
UK Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
UK 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
SPAIN
Spain Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Spain Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Spain 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
RUSSIA
Russia Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Russia Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Russia 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
REST OF EUROPE
Rest of Europe Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of Europe Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Rest of Europe 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
ASIA-PACIFIC
Safes and Vaults Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
Asia-Pacific Recent Past, Current & Future Analysis for Safes and Vaults by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Asia-Pacific Historic Review for Safes and Vaults by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Asia-Pacific 15-Year Perspective for Safes and Vaults by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2021 & 2027
Asia-Pacific Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Asia-Pacific Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Asia-Pacific 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
SOUTH KOREA
South Korea Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
South Korea Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
South Korea 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
REST OF ASIA-PACIFIC
Rest of Asia-Pacific Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of Asia-Pacific Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Rest of Asia-Pacific 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
LATIN AMERICA
Safes and Vaults Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)
Latin America Recent Past, Current & Future Analysis for Safes and Vaults by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Latin America Historic Review for Safes and Vaults by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Latin America 15-Year Perspective for Safes and Vaults by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2021 & 2027
Latin America Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Latin America Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Latin America 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
MEXICO
Mexico Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Mexico Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Mexico 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
REST OF LATIN AMERICA
Rest of Latin America Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of Latin America Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Rest of Latin America 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
MIDDLE EAST
Safes and Vaults Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)
Middle East Recent Past, Current & Future Analysis for Safes and Vaults by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Middle East Historic Review for Safes and Vaults by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Middle East 15-Year Perspective for Safes and Vaults by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2012, 2021 & 2027
Middle East Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Middle East Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Middle East 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
SAUDI ARABIA
Saudi Arabia Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Saudi Arabia Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Saudi Arabia 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
UNITED ARAB EMIRATES
UAE Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
UAE Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
UAE 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
REST OF MIDDLE EAST
Rest of Middle East Recent Past, Current & Future Analysis for Safes and Vaults by Segment - Safes and Vaults - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of Middle East Historic Review for Safes and Vaults by Segment - Safes and Vaults Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Rest of Middle East 15-Year Perspective for Safes and Vaults by Segment - Percentage Breakdown of Value Sales for Safes and Vaults for the Years 2012, 2021 & 2027
Total Companies Profiled: 137

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