Global Padlock Market Dynamics to Support 7.1% Growth Rate for 2022-2028

This report studies the Padlock market. Padlocks are portable locks with a shackle that may be passed through an opening (such as a chain link, or hasp staple) to prevent use, theft, vandalism or harm.

Europe is the largest market with about 36% market share. North America is follower, accounting for about 31% market share.

The key players are ASSA-Abloy, Master Lock, Stanley Hardware, Zephyr, Lowe & Fletcher (Euro-Locks), Ojmar, Alpha Locker, Keyless.Co-Hollman, SATLO, KABA, Locker & Lock, Make Group, ABUS, Wilson Bohannan, Plum-Blossom Lock Industry, Yantai tricyclic Lock etc. Top 3 companies occupied about 24% market share.

The global Padlock market was valued at US$ 1614.4 million in 2020 and is expected to reach US$ 2629.4 million by the end of 2027, growing at a CAGR of 7.1% during 2021-2027.

This report focuses on Padlock volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Padlock market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

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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 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Key Padlock
  • Password Padlock

Segment by Application

  • Commercial
  • Household
  • Others

By Company

  • Assa-Abloy
  • Master Lock
  • Stanley Hardware
  • Zephyr
  • Lowe & Fletcher (Euro-Locks)
  • Ojmar
  • Alpha Locker
  • Co-Hollman
  • Satlo
  • Kaba
  • Locker & Lock
  • Make Group
  • Abus
  • Wilson Bohannan
  • Plum-Blossom Lock Industry
  • Yantai tricyclic Lock

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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