Global Lock and Padlock Market Research Report 2022

A lock is a metal device that is added to the opening, closing or connection of doors, windows, utensils, etc., and must be opened with a key or password. Padlocks are portable locks with shackles that can be passed through openings (for example, chain links or buckle staples).
Due to the COVID-19 pandemic, the global Lock and Padlock market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Lock and Padlock market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Lock and Padlock landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Both locks and padlocks prevent items from being used by others.
This report focuses on Lock and Padlock volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Lock and Padlock market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Lock and Padlock Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Open with Key
Open with Password
Segment by Application
Household
Industry
Commercial
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Assa Abloy
AMSEC
Godrej
Fortune Brands Home & Security (Master Lock)
Stanley Hardware
Zephyr
Lowe & Fletcher (Euro-Locks)
Ojmar
Alpha Locker
Keyless (Hollman)
Dormakaba
Wilson Bohannan