This report presents the worldwide Security Safes market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
Security safes allow you to store your cash at your home or place of work, without the worry of someone stealing it. And as well as stopping theft a Security Safe will also provide protection from fire to your cash, ensuring that you can rest easy knowing that whatever happens you still have your cash for when you need it.
North America was the largest production market with a market share of 24.82% in 2012 and 23.49% in 2017 with a decrease of 1.33%. Europe ranked the second market with the market share of 21.43% in 2016. The Asia Pacific market for Security Safes is expected to be the market with the most promising growth rate. The market in Asia-Pacific includes countries such as China, Japan, India, Australia, Singapore, Malaysia, Thailand, and so on. Healthy economic growth, increasing disposable incomes, growing urbanization, and large amount of people are some of the driving factors for the growth of the retail stores, resulting in increased demand for Security Safes.
Security Safes companies are mainly from United States, the industry concentrate rate is low. The top three companies are AMSEC Safes, Liberty Safe, Godrej & Boyce, with the revenue market share of 4.43%, 3.58% and 2.98% in 2016.
Although sales of Security Safes brought a lot of opportunities, the study group recommends the new entrants who has not technical advantage and downstream support do not enter into the Security Safes field. As large demand of high-end products at home and abroad, many companies began to enter the field of high-end, and the competition of the whole market is fierce. What is more, the company in this industry should pay attention to their R&D, innovation and services, then they may get the competition advantage, and get a bigger market share.
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The Security Safes market was valued at 1510 Million US$ in 2017 and is projected to reach 2230 Million US$ by 2025, at a CAGR of 5.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Security Safes.
The following manufacturers are covered in this report:
Godrej & Boyce
Access Security Products
China Wangli Group
Viking Security Safe
Security Safes Breakdown Data by Type
Cash management safes
Security Safes Breakdown Data by Application
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Some Points From Table of Content:
Chapter One: Study Coverage
Chapter Two: Executive Summary
Chapter Three: Market Size by Manufacturers
Chapter Four: Security Safes Production by Regions
Chapter Five: Security Safes Consumption by Regions
Chapter Six: Market Size by Type
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