Report Update: Nov 1, 2024

World - Base Metal Furniture Locks - Market Analysis, Forecast, Size, Trends And Insights

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Metal furniture lock market

Metal furniture lock market: discover recently published datasets secured by an Ai-driven BI tool. Statistics include exports, market prices, market size, imports, companies, trade, production, and consumption. There is a breakdown by region, including the Middle East, Latin America, the U.S., Africa, China, EU, Russia, and the U.K. Market insights and forecast to 2030 are also featured in the snapshots.

Metal Furniture Lock - World's Largest Markets

Rating	Country
1	United States
2	Mexico
3	India
4	South Korea
5	Italy

In value terms, the United States led the market, alone. The second position in the ranking was occupied by Mexico. It was followed by India.

In the United States, the metal furniture lock market remained relatively stable over the period from 2018-2020. In the other countries, the average annual rates were as follows: Mexico (+3.0% per year) and India (-1.0% per year).

Metal Furniture Lock Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
China	4933	5362	3949	-10.5%
Thailand	8545	8055	6833	-10.6%
Average	7785	7234	5401	-16.7%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Thailand ($6,833 per ton), while China totaled $3,949 per ton.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Austria	13676	14644	11427	-8.6%
United States	16176	15407	10609	-19.0%
India	6865	8208	8500	11.3%
United Arab Emirates	7065	8320	7880	5.6%
Russia	4004	5444	7801	39.6%
Vietnam	5876	6168	7627	13.9%
Mexico	9385	10216	6845	-14.6%
Bangladesh	3707	3629	5067	16.9%
Togo	4400	4782	4675	3.1%
Saudi Arabia	5410	5570	4277	-11.1%
Tanzania	2617	3112	3871	21.6%
Indonesia	4489	4577	2981	-18.5%
Philippines	3783	2952	2223	-23.3%
Average	7521	7717	7577	0.4%

Prices varied noticeably by the country of destination; the country with the highest price was Austria ($11,427 per ton), while the Philippines ($2,223 per ton) 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.

Metal Furniture Lock - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
United States	35	40	43	11.5%
Saudi Arabia	6.5	12	21	79.1%
Indonesia	19	18	11	-25.0%
Mexico	12	11	9.4	-11.3%
Austria	10	10	8.9	-6.6%

In value terms, the United States ($43M) constitutes the largest market for imported base metal furniture locks worldwide, comprising 13% of global imports. The second position in the ranking was occupied by Saudi Arabia ($21M), with a 6.1% share of global imports. It was followed by Indonesia, with a 3.2% share.

From 2018 to 2020, the average annual growth rate of value in the United States totaled +11.5%. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (+79.1% per year) and Indonesia (-25.0% per year).

Metal Furniture Lock - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
China	131	253	298	51.2%
Thailand	22	16	15	-18.1%

In value terms, China ($298M) remains the largest metal furniture lock supplier worldwide, comprising 65% of global exports. The second position in the ranking was occupied by Thailand ($15M), with a 3.2% share of global exports.

In China, metal furniture lock exports expanded at an average annual rate of +51.2% over the period from 2018-2020.

Metal Furniture Lock - Market Forecast

Driven by rising demand for metal furniture lock 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.

Metal Furniture Lock - Top Companies

Changhong Metal Technology (Dongguan) Co., Ltd., Stanley Black & Decker, Inc., BORAL SHARED BUSINESS SERVICES PTY LTD, BORAL BUILDING PRODUCTS LIMITED, BORAL RESOURCES (SA) LIMITED, BORAL CONSTRUCTION RELATED BUSINESSES PTY LTD, BORAL BUILDING MATERIALS PTY LIMITED, BORAL INTERNATIONAL PTY LIMITED, BAYVIEW QUARRIES PROPRIETARY LIMITED, BORAL TRANSPORT LIMITED, BORAL PRECAST HOLDINGS PTY LTD, Legic Identsystems AG, dormakaba Schweiz AG, Assa Abloy Inc., Masco Building Products Corp, Julius Blum GmbH, Foshan Sanshui Mingli Hardware Factory Co.,Ltd., Dura Operating, LLC, Häfele GmbH & Co KG, NORMA Group SE

Metal Furniture Lock - Product Coverage

HS 830130 - Locks; of a kind used for furniture (key, combination or electrically operated), of base metal

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global metal furniture lock market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25721170 - Base metal furniture locks

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023