World - Padlocks, Locks And Keys Of Base Metal - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 1, 2024

World - Padlocks, Locks And Keys Of Base Metal - Market Analysis, Forecast, Size, Trends and Insights

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Lock and Key Market

Lock and key market: get access to newly released info enhanced by an Ai-driven BI platform. Info contain production, market size, market prices, trade, imports, companies, consumption, and exports. There is a split by country, including the U.K., the Middle East, Russia, the U.S., EU, Latin America, China, and Africa. Market insights and forecast to 2030 are also featured in the dashboards.


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Lock and Key - World's Largest Markets

RatingCountry
1China
2United States
3Germany
4Mexico
5Canada

In value terms, the largest lock and key markets worldwide were China, the United States and Germany, with a combined 41% share of the global market. These countries were followed by Mexico, Canada, South Korea, the UK, Thailand, Italy, Turkey, Poland, Russia and India, which together accounted for a further 28%.

In terms of the main consuming countries, Poland recorded the highest rates of growth with regard to market size, over the period under review, while lock and key market for the other global leaders experienced mixed trends in the market figures.

Lock And Key Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
China492847833869-11.4%
Turkey460143344142-5.1%
Austria637860456150-1.8%
Poland670371166284-3.2%
Canada6119639864702.8%
South Korea1015392556636-19.2%
Taiwan (Chinese)7259728079985.0%
Italy941992289052-2.0%
Germany108961039610516-1.8%
United States1073411631113442.8%
Mexico1126911329130157.5%
Average706669646062-7.4%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Mexico ($13,015 per ton), while China ($3,869 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
France9652919496760.1%
Japan951985529174-1.8%
Netherlands926692559043-1.2%
Canada1280895838605-18.0%
Germany862681218026-3.5%
United Kingdom832782967876-2.7%
Mexico759570536693-6.1%
Spain723680226568-4.7%
Italy663462216223-3.1%
United States641861675973-3.5%
Poland4980480150290.5%
Russia4808486948570.5%
India431640003792-6.3%
Average669064246381-2.3%

Prices varied noticeably by the country of destination; the country with the highest price was France ($9,676 per ton), while India ($3,792 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the other global leaders experienced more modest paces of growth.

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Lock and Key - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States9.89.79.1-3.9%
Germany3.83.63.6-3.6%
Canada1.71.81.6-3.7%
Poland1.61.61.61.1%
United Kingdom1.91.91.6-9.6%

In value terms, the United States ($9.1B) constitutes the largest market for imported padlocks, locks and keys of base metal worldwide, comprising 22% of global imports. The second position in the ranking was occupied by Germany ($3.6B), with a 8.5% share of global imports. It was followed by Canada, with a 3.8% share.

From 2018 to 2020, the average annual rate of growth in terms of value in the United States stood at -3.9%. In the other countries, the average annual rates were as follows: Germany (-3.6% per year) and Canada (-3.7% per year).

Lock and Key - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China1413141.9%
Germany6.56.15.7-5.9%
United States3.43.52.9-7.9%
Austria2.42.32.3-1.7%
Italy21.91.8-7.3%

In value terms, China ($14.3B) remains the largest lock and key supplier worldwide, comprising 33% of global exports. The second position in the ranking was occupied by Germany ($5.7B), with a 13% share of global exports. It was followed by the United States, with a 6.6% share.

In China, lock and key exports expanded at an average annual rate of +1.9% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-5.9% per year) and the United States (-7.9% per year).

Lock and Key - Market Forecast

Driven by rising demand for lock and key worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Lock and Key - Top Companies

Changhong Metal Technology (Dongguan) Co., Ltd., MURATA MANUFACTURING CO.,LTD., Stanley Black & Decker, Inc., Bae Systems Holdings Inc., Akt America, Inc., Hangzhou Hikvision Digital Technology Co., Ltd., Rockwell Automation Safety AG, Rockwell Automation Switzerland GmbH, Samsung SDI Co., Ltd., SMC CORPORATION, Fortune Brands Home & Security, Inc., Chint Group Corporation, Harbin Electric Company Limited, Henan Huarui Electric Manufacturing Co., Ltd., Shenzhen Zhang's Electric Equipment Co., Ltd., Hubbell Incorporated, NMB-MINEBEA THAI LIMITED, MAANI & PARTNERS FURNITIRE, SAMSUNG ELECTRONICS HCMC CE COMPLEX CO., LTD, Miele & Cie. KG

Lock and Key - Product Coverage

  • HS 830110 - Padlocks; (key, combination or electrically operated), of base metal
  • HS 830120 - Locks; of a kind used for motor vehicles (key, combination or electrically operated), of base metal
  • HS 830130 - Locks; of a kind used for furniture (key, combination or electrically operated), of base metal
  • HS 830140 - Locks; (other than those for motor vehicles or furniture), (key, combination or electrically operated), of base metal
  • HS 830150 - Clasps and frames with clasps; incorporating locks, of base metal
  • HS 830170 - Keys; presented separately, of base metal
  • HS 8302 - Base metal mountings, fittings and similar articles for furniture, doors, staircases, windows, trunks, chests etc, castors with mountings of base metal, automatic door closers of base metal

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global lock and key market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25721130 - Base metal padlocks
  • Prodcom 25721150 - Base metal motor vehicle locks
  • Prodcom 25721170 - Base metal furniture locks
  • Prodcom 25721230 - Base metal cylinder locks used for doors of buildings
  • Prodcom 25721250 - Base metal locks used for doors of buildings (excluding cylinder locks)
  • Prodcom 25721270 - Base metal locks (excluding padlocks, motor vehicle locks, f urniture locks and locks used for doors of buildings)
  • Prodcom 25721330 - Base metal clasps and frames with clasps, with locks (excluding fasteners and clasps for handbags, brief-cases and executive-cases)
  • Prodcom 25721350 - Base metal keys presented separately (including roughly cast, forged or stamped blanks, skeleton keys)
  • Prodcom 25721410 - Base metal hinges
  • Prodcom 25721420 - Castors with mountings of base metal
  • Prodcom 25721430 - Base metal mountings, fittings and similar articles suitable for motor vehicles (excluding hinges, castors, locks and keys)
  • Prodcom 25721440 - Base metal mountings, fittings and similar articles suitable for buildings (excluding hinges, castors, locks, keys, spy holes fitted with optical elements and key operated door bolts)
  • Prodcom 25721450 - Base metal mountings, fittings and similar articles suitable for furniture (excluding hinges, castors, locks and keys)
  • Prodcom 25721460 - Other base metal mountings, fittings and similar articles (excluding for motor vehicles, buildings or furniture)
  • Prodcom 25721470 - Base metal automatic door closers
  • Prodcom 25721480 - Base metal hat-racks, hat-pegs, brackets, coat racks, towel racks, dish-cloth racks, brush racks and key racks (excluding coat-racks having the character of furniture)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
Store
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The World's Import Markets for Lock and Key
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Free Data: Padlocks, Locks And Keys Of Base Metal - World