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Global Furniture Lock Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 11/23/2022
  • NO OF PAGES
  • 219
  • CATEGORY
  • Retails & Consumer
The competitive landscape analysis of Furniture Lock Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.

Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of Furniture Lock Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.

Market Segmentations:
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 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Global Furniture Lock Market: By Types
CAM Lock
Cylinder Lock
Others

Global Furniture Lock Market: By Applications
Cabinet
Drawers
Others

By Region
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Brazil
Middle East & Africa
Turkey
GCC Countries
Egypt
South Africa

Global Furniture Lock Market: Top Key Players
IllinoisLock Company
Bai Fu Co., Ltd(ARMSTRONG)
Vijayan Lock
ArmStrong
ASSA-Abloy
Master Lock
Hafele
Lowe & Fletcher(Euro-Locks)
Be-Tech
Make Group


Global Furniture Lock Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Reasons to Purchase Furniture Lock Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Furniture Lock Market Overview
1.1 Product Overview and Scope of Furniture Lock
1.2 Furniture Lock Segment by Type
1.2.1 Global Furniture Lock Sales Growth Rate Comparison by Type (2022-2030)
1.2.2 CAM Lock
1.2.3 Cylinder Lock
1.2.4 Others
1.3 Furniture Lock Segment by Application
1.3.1 Furniture Lock Sales Comparison by Application: (2022-2030)
1.3.2 Cabinet
1.3.3 Drawers
1.3.4 Others
1.4 Global Furniture Lock Market Size Estimates and Forecasts
1.4.1 Global Furniture Lock Revenue 2016-2030
1.4.2 Global Furniture Lock Sales 2016-2030
1.4.3 Furniture Lock Market Size by Region: 2016 Versus 2022 Versus 2030

2 Furniture Lock Market Competition by Manufacturers
2.1 Global Furniture Lock Sales Market Share by Manufacturers (2016-2021)
2.2 Global Furniture Lock Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Furniture Lock Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Furniture Lock Manufacturing Sites, Area Served, Product Type
2.5 Furniture Lock Market Competitive Situation and Trends
2.5.1 Furniture Lock Market Concentration Rate
2.5.2 The Global Top 5 and Top 10 Largest Furniture Lock Players Market Share by Revenue
2.5.3 Global Furniture Lock Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.6 Manufacturers Mergers & Acquisitions, Expansion Plans

3 Furniture Lock Retrospective Market Scenario by Region
3.1 Global Furniture Lock Retrospective Market Scenario in Revenue by Region: 2016-2021
3.2 Global Furniture Lock Retrospective Market Scenario in Sales by Region: 2016-2021
3.3 North America Furniture Lock Market Facts & Figures by Country
3.3.1 North America Furniture Lock Sales by Country
3.3.2 North America Furniture Lock Revenue by Country
3.3.3 United States
3.3.4 Canada
3.3.3 Mexico
3.4 Europe Furniture Lock Market Facts & Figures by Country
3.4.1 Europe Furniture Lock Sales by Country
3.4.2 Europe Furniture Lock Revenue by Country
3.4.3 Germany
3.4.4 France
3.4.5 UK
3.4.6 Italy
3.4.7 Russia
3.5 Asia Pacific Furniture Lock Market Facts & Figures by Region
3.5.1 Asia Pacific Furniture Lock Sales by Region
3.5.2 Asia Pacific Furniture Lock Revenue by Region
3.5.3 China
3.5.4 Japan
3.5.5 South Korea
3.5.6 India
3.5.7 Australia
3.5.8 Indonesia
3.5.9 Thailand
3.5.10 Malaysia
3.5.11 Philippines
3.5.12 Vietnam
3.6 Latin America Furniture Lock Market Facts & Figures by Country
3.6.1 Latin America Furniture Lock Sales by Country
3.6.2 Latin America Furniture Lock Revenue by Country
3.6.3 Brazil
3.7 Middle East and Africa Furniture Lock Market Facts & Figures by Country
3.7.1 Middle East and Africa Furniture Lock Sales by Country
3.7.2 Middle East and Africa Furniture Lock Revenue by Country
3.7.3 Turkey
3.7.4 GCC Countries
3.7.5 Egypt
3.7.6 South Africa
4 Global Furniture Lock Historic Market Analysis by Type
4.1 Global Furniture Lock Sales Market Share by Type (2016-2021)
4.2 Global Furniture Lock Revenue Market Share by Type (2016-2021)
4.3 Global Furniture Lock Price by Type (2016-2021)

5 Global Furniture Lock Historic Market Analysis by Application
5.1 Global Furniture Lock Sales Market Share by Application (2016-2021)
5.2 Global Furniture Lock Revenue Market Share by Application (2016-2021)
5.3 Global Furniture Lock Price by Application (2016-2021)

6 Key Companies Profiled
6.1 IllinoisLock Company
6.1.1 IllinoisLock Company Corporation Information
6.1.2 IllinoisLock Company Description and Business Overview
6.1.3 IllinoisLock Company Furniture Lock Sales, Revenue and Gross Margin (2016-2021)
6.1.4 IllinoisLock Company Product Portfolio
6.1.5 IllinoisLock Company Recent Developments/Updates
6.2 Bai Fu Co., Ltd(ARMSTRONG)
6.2.1 Bai Fu Co., Ltd(ARMSTRONG) Corporation Information
6.2.2 Bai Fu Co., Ltd(ARMSTRONG) Description and Business Overview
6.2.3 Bai Fu Co., Ltd(ARMSTRONG) Furniture Lock Sales, Revenue and Gross Margin (2016-2021)
6.2.4 Bai Fu Co., Ltd(ARMSTRONG) Product Portfolio
6.2.5 Bai Fu Co., Ltd(ARMSTRONG) Recent Developments/Updates
6.3 Vijayan Lock
6.3.1 Vijayan Lock Corporation Information
6.3.2 Vijayan Lock Description and Business Overview
6.3.3 Vijayan Lock Furniture Lock Sales, Revenue and Gross Margin (2016-2021)
6.3.4 Vijayan Lock Product Portfolio
6.3.5 Vijayan Lock Recent Developments/Updates
6.4 ArmStrong
6.4.1 ArmStrong Corporation Information
6.4.2 ArmStrong Description and Business Overview
6.4.3 ArmStrong Furniture Lock Sales, Revenue and Gross Margin (2016-2021)
6.4.4 ArmStrong Product Portfolio
6.4.5 ArmStrong Recent Developments/Updates
6.5 ASSA-Abloy
6.5.1 ASSA-Abloy Corporation Information
6.5.2 ASSA-Abloy Description and Business Overview
6.5.3 ASSA-Abloy Furniture Lock Sales, Revenue and Gross Margin (2016-2021)
6.5.4 ASSA-Abloy Product Portfolio
6.5.5 ASSA-Abloy Recent Developments/Updates
6.6 Master Lock
6.6.1 Master Lock Corporation Information
6.6.2 Master Lock Description and Business Overview
6.6.3 Master Lock Furniture Lock Sales, Revenue and Gross Margin (2016-2021)
6.6.4 Master Lock Product Portfolio
6.6.5 Master Lock Recent Developments/Updates
6.7 Hafele
6.6.1 Hafele Corporation Information
6.6.2 Hafele Description and Business Overview
6.6.3 Hafele Furniture Lock Sales, Revenue and Gross Margin (2016-2021)
6.4.4 Hafele Product Portfolio
6.7.5 Hafele Recent Developments/Updates
6.8 Lowe & Fletcher(Euro-Locks)
6.8.1 Lowe & Fletcher(Euro-Locks) Corporation Information
6.8.2 Lowe & Fletcher(Euro-Locks) Description and Business Overview
6.8.3 Lowe & Fletcher(Euro-Locks) Furniture Lock Sales, Revenue and Gross Margin (2016-2021)
6.8.4 Lowe & Fletcher(Euro-Locks) Product Portfolio
6.8.5 Lowe & Fletcher(Euro-Locks) Recent Developments/Updates
6.9 Be-Tech
6.9.1 Be-Tech Corporation Information
6.9.2 Be-Tech Description and Business Overview
6.9.3 Be-Tech Furniture Lock Sales, Revenue and Gross Margin (2016-2021)
6.9.4 Be-Tech Product Portfolio
6.9.5 Be-Tech Recent Developments/Updates
6.10 Make Group
6.10.1 Make Group Corporation Information
6.10.2 Make Group Description and Business Overview
6.10.3 Make Group Furniture Lock Sales, Revenue and Gross Margin (2016-2021)
6.10.4 Make Group Product Portfolio
6.10.5 Make Group Recent Developments/Updates

7 Furniture Lock Manufacturing Cost Analysis
7.1 Furniture Lock Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Key Suppliers of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.3 Manufacturing Process Analysis of Furniture Lock
7.4 Furniture Lock Industrial Chain Analysis

8 Marketing Channel, Distributors and Customers
8.1 Marketing Channel
8.2 Furniture Lock Distributors List
8.3 Furniture Lock Customers

9 Furniture Lock Market Dynamics
9.1 Furniture Lock Industry Trends
9.2 Furniture Lock Growth Drivers
9.3 Furniture Lock Market Challenges
9.4 Furniture Lock Market Restraints

10 Global Market Forecast
10.1 Furniture Lock Market Estimates and Projections by Type
10.1.1 Global Forecasted Sales of Furniture Lock by Type (2022-2030)
10.1.2 Global Forecasted Revenue of Furniture Lock by Type (2022-2030)
10.2 Furniture Lock Market Estimates and Projections by Application
10.2.1 Global Forecasted Sales of Furniture Lock by Application (2022-2030)
10.2.2 Global Forecasted Revenue of Furniture Lock by Application (2022-2030)
10.3 Furniture Lock Market Estimates and Projections by Region
10.3.1 Global Forecasted Sales of Furniture Lock by Region (2022-2030)
10.3.2 Global Forecasted Revenue of Furniture Lock by Region (2022-2030)

11 Research Finding and Conclusion

12 Methodology and Data Source
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Author List
12.4 Disclaimer

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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