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.


Get FREE access to the latest REPORT on the Lock and Key Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

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 tonne
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 tonne), while China ($3,869 per tonne) 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 tonne
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 tonne), while India ($3,792 per tonne) 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.

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
Store
Blog
Event
World - Padlocks, Locks and Keys of Base Metal - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global lock and key market.

Middle East - Padlocks, Locks and Keys of Base Metal - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the lock and key market in the Middle East.

Eastern Asia - Padlocks, Locks and Keys of Base Metal - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the lock and key market in Eastern Asia.

Australia and Oceania - Padlocks, Locks and Keys of Base Metal - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the lock and key market in Australia and Oceania.

Southern Asia - Padlocks, Locks and Keys of Base Metal - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the lock and key market in Southern Asia.

Africa - Padlocks, Locks and Keys of Base Metal - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the lock and key market in Africa.

Latin America and the Caribbean - Padlocks, Locks and Keys of Base Metal - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the lock and key market in Latin America and the Caribbean.

Northern America - Padlocks, Locks and Keys of Base Metal - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the lock and key market in Northern America.

South-Eastern Asia - Padlocks, Locks and Keys of Base Metal - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the lock and key market in South-Eastern Asia.

Central Asia - Padlocks, Locks and Keys of Base Metal - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the lock and key market in Central Asia.

Category
Geography
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Hyphen Global AG
JRP
IndexBox Inc.
SDXspace
JLL
Lynx Global Intelligence
Webinar: Global Recovered Paper Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global recovered paper market.

Recovered Paper Consulting, LLC
IndexBox Inc.
Mid America Paper Recycling
Group EcoBox OU
Webinar: Global Solid Biofuels Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global solid biofuels market.

Pond & Company
World Bioenergy Association
IndexBox Inc.
Energy Markets Global
Webinar: Global Lithium Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global lithium carbonate market.

Wood
EVShare
IndexBox Inc.
SPM
Webinar: Global Cement Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global cement market.

FEBELCEM
IndexBox Inc.
Webinar: Global Hydrogen Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global hydrogen market.

NEN
BM Renewables
IndexBox Inc.
Nano Gas Technologies, Inc.
Grupo SLX
The United States Energy Association (USEA)
Hydrogen Energy Pty Ltd
Webinar: Global Printed Circuit Assembly Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global printed circuit assembly market.

Smartmatic
Forte Micro
IndexBox Inc.
Webinar: Global Gym and Fitness Equipment Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global gym and fitness equipment market.

Fitmanor
Technogym
Muscat
IndexBox Inc.
FIT Summit
Concept Aryo Wellness
Gold's Gym UAE
Webinar: Global Metal Tank Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global metal tank market.

Dar Al-Handasah
Profound Engineering
Rotary Engineering Pte. Ltd.
IndexBox Inc.
Webinar: Global Smoked Salmon Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global smoked salmon market.

Aquacraft Seafood Innovation Inc.
IndexBox Inc.
Lerøy Turkey
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data