Market Overview:
The global home safes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for home safes from households and small businesses across the globe. In addition, the growing awareness about safety and security among consumers is also contributing to the growth of this market. The global home safes market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into mechanical safe, password electronic safe, fingerprint electronic safe, and others (including combination lock safe and key lock safe). The mechanical safe segment is expected to dominate this market during the forecast period owing to its low cost as compared to other types of home safes available in the market. However, with technological advancements being made in this domain on a regular basis, there has been an increase in demand for fingerprint electronic safes over traditional mechanical ones as they are more secure against theft or unauthorized access attempts. On account of application wise split-up; household applications are anticipated procure more than 50% shares throughout 2030 owning greater than US$ 1 Bn revenues by then end whereas small business applications will register comparatively faster expansion rates through 2030 registering CAGR rates close 6%.
Product Definition:
Home Safes are a secure place to store your belongings and important documents. They provide peace of mind by protecting your possessions from fire, theft, and other disasters.
Mechanical Safe:
Mechanical safe is a type of fireproof safe, which uses mechanical systems to protect its contents from fire. It can be used for residential or commercial purposes and has gained significant popularity in the home safes market over the past few years. The demand for these products is driven by growing awareness among consumers regarding security and safety of valuables along with increasing disposable income across emerging economies such as India, China, Vietnam and Thailand.
Password Electronic Safe:
The global Password Electronic Safe and it's usage in Home Safes market size was valued at USD 1.5 billion in 2015. Increasing demand for home security equipment is expected to drive the industry growth over the forecast period. The electronic safe provides a high degree of protection by offering three levels of encryption, which prevents access to sensitive information without authorization.
Application Insights:
The household application segment led the global home safes market in 2017. This is attributed to rising awareness about safety among consumers, coupled with a growing preference for electronic devices and an increase in the number of households. Furthermore, governments have imposed regulations on gun ownership to curb violence and protect citizens from criminal activities. These factors are expected to drive demand for home safes over the forecast period.
Europe's small business application segment is expected to witness significant growth over the forecast period owing to increasing investments by companies such as Amazon, Inc., Apple Inc., Facebook, Google LLC and Microsoft Corporation in countries such as Germany, France and U.K., which are considered key markets for small businesses due to their high penetration rates of online retailing and e-commerce platforms across these regions respectively. In addition, favorable government policies relatedto cyber securityin Europe are further anticipatedto boost product demand overthe next eight years or so (2030).
Regional Analysis:
North America dominated the global home safes market in 2017. This can be attributed to high demand for security devices in the region, along with stringent regulations imposed by regulatory bodies such as Financial Crimes Enforcement Network (FinCEN) and Consumer Financial Protection Bureau (CFPB). As per a research paper published by Cambridge University, U.S. is one of the most secure countries in terms of banking sector but still over 1 million hacking attempts are registered every day; hence consumers need more secured products to safeguard their financial information from cyber criminals.
Asia Pacific is expected to witness significant growth during the forecast period owing to increasing crime rates and awareness about personal safety among consumers, especially women alone at home after office hours. Rising number of burglaries has compelled people across Asia Pacific countries including China and India to opt for safer alternatives when it comes time for securing their homes against criminal attacks such as house burglary or car theft etc.
Growth Factors:
- Increasing demand for home safes due to rising crime rates.
- Growing awareness about the benefits of using home safes among consumers.
- Rising demand for customized and multifunctional home safes from consumers.
- Proliferation of online retailing platforms that offer a wide range of home safes at competitive prices.
- Increasing investment by leading safe manufacturers in research and development to introduce innovative products in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Safes Market Research Report
By Type
Mechanical Safe, Password Electronic Safe, Fingerprint Electronic Safe
By Application
Household, Small Business
By Companies
Agresti, Brown Safe, Boca do Lobo, Buben & Zorweg, Casoro Jewelry Safes, Stockinger Safe, Phoenix Safe, SentrySafe, Yale Safe, Lucell, Diplomat Safe, Gunnebo, Aipu, Hebei Hupai Group, Deli, Fort Knox, FireKing, Barska, American Security Products, Browning, Winchester Safes, Cannon Safe, Stack-On, Gardall Safe Corporation, Viking Security Safe
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Home Safes Market Report Segments:
The global Home Safes market is segmented on the basis of:
Types
Mechanical Safe, Password Electronic Safe, Fingerprint Electronic Safe
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Small Business
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Agresti
- Brown Safe
- Boca do Lobo
- Buben & Zorweg
- Casoro Jewelry Safes
- Stockinger Safe
- Phoenix Safe
- SentrySafe
- Yale Safe
- Lucell
- Diplomat Safe
- Gunnebo
- Aipu
- Hebei Hupai Group
- Deli
- Fort Knox
- FireKing
- Barska
- American Security Products
- Browning
- Winchester Safes
- Cannon Safe
- Stack-On
- Gardall Safe Corporation
- Viking Security Safe
Highlights of The Home Safes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mechanical Safe
- Password Electronic Safe
- Fingerprint Electronic Safe
- By Application:
- Household
- Small Business
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Home Safes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A home safe is a small, portable, fireproof container that can be used to store important documents and valuables in your home.
Some of the key players operating in the home safes market are Agresti, Brown Safe, Boca do Lobo, Buben & Zorweg, Casoro Jewelry Safes, Stockinger Safe, Phoenix Safe, SentrySafe, Yale Safe, Lucell, Diplomat Safe, Gunnebo, Aipu, Hebei Hupai Group, Deli, Fort Knox, FireKing, Barska, American Security Products, Browning, Winchester Safes, Cannon Safe, Stack-On, Gardall Safe Corporation, Viking Security Safe.
The home safes market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Home Safes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Home Safes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Home Safes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Home Safes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Home Safes Market Size & Forecast, 2020-2028
4.5.1 Home Safes Market Size and Y-o-Y Growth
4.5.2 Home Safes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Mechanical Safe
5.2.2 Password Electronic Safe
5.2.3 Fingerprint Electronic Safe
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Small Business
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Home Safes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Home Safes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Mechanical Safe
9.6.2 Password Electronic Safe
9.6.3 Fingerprint Electronic Safe
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Small Business
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Mechanical Safe
10.6.2 Password Electronic Safe
10.6.3 Fingerprint Electronic Safe
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Small Business
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Mechanical Safe
11.6.2 Password Electronic Safe
11.6.3 Fingerprint Electronic Safe
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Small Business
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Mechanical Safe
12.6.2 Password Electronic Safe
12.6.3 Fingerprint Electronic Safe
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Small Business
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Mechanical Safe
13.6.2 Password Electronic Safe
13.6.3 Fingerprint Electronic Safe
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Small Business
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Home Safes Market: Competitive Dashboard
14.2 Global Home Safes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Agresti
14.3.2 Brown Safe
14.3.3 Boca do Lobo
14.3.4 Buben & Zorweg
14.3.5 Casoro Jewelry Safes
14.3.6 Stockinger Safe
14.3.7 Phoenix Safe
14.3.8 SentrySafe
14.3.9 Yale Safe
14.3.10 Lucell
14.3.11 Diplomat Safe
14.3.12 Gunnebo
14.3.13 Aipu
14.3.14 Hebei Hupai Group
14.3.15 Deli
14.3.16 Fort Knox
14.3.17 FireKing
14.3.18 Barska
14.3.19 American Security Products
14.3.20 Browning
14.3.21 Winchester Safes
14.3.22 Cannon Safe
14.3.23 Stack-On
14.3.24 Gardall Safe Corporation
14.3.25 Viking Security Safe
