Global Safes and Vaults Market 2024-2028

Global Safes And Vaults Market 2024-2028


The safes and vaults market is forecasted to grow by USD 1.57 bn during 2023-2028, accelerating at a CAGR of 5.34% during the forecast period. The report on the safes and vaults market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for safes and vaults from healthcare industry, growing demand for safes and vaults in retail and e-commerce sectors, and increase in commercial bank branches.

Technavio's safes and vaults market is segmented as below:

By Product
  • Cash management safes
  • Depository safes
  • Vaults and vault doors
  • Gun safes and vaults
  • Others
By End-user
  • Banking
  • Non-banking
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the growing demand for customized safes and vaults as one of the prime reasons driving the safes and vaults market growth during the next few years. Also, incorporation of advanced technologies in safes and vaults and growing emphasis on sustainability in the safes and vaults will lead to sizable demand in the market.

The report on the safes and vaults market covers the following areas:
  • Safes and vaults market sizing
  • Safes and vaults market forecast
  • Safes and vaults market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading safes and vaults market vendors that include Access Security Products Ltd., Acme Safe Co., ADT Inc., ALPHA INDUSTRIES PVT. LTD., American Rebel Holdings Inc., American Security, BJARSTAL sarl, Blue Dot Safes Inc., Bode Panzer GmbH, Brown Safe Manufacturing Inc., Bumilsafe Mfg. Co., CMI Safe Co Australasia Pty Ltd., Diebold Nixdorf Inc., Dormakaba Holding AG, Godrej and Boyce Manufacturing Co. Ltd., Gunnebo AB, Hayman Safe Co. Inc., INKAS Safe Manufacturing Ltd., ISM, and Kumahira Co. Ltd.. Also, the safes and vaults market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Product
      • Table Executive Summary – Chart on Market Segmentation by End-user
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global safes and vaults market 2018 - 2022
      • Table Historic Market Size – Data Table on global safes and vaults market 2018 - 2022 ($ million)
    • Product Segment Analysis 2018 - 2022
      • Table Historic Market Size – Product Segment 2018 - 2022 ($ million)
    • End-user Segment Analysis 2018 - 2022
      • Table Historic Market Size – End-user Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Product
    • Market segments
      • Table Chart on Product - Market share 2023-2028 (%)
      • Table Data Table on Product - Market share 2023-2028 (%)
    • Comparison by Product
      • Table Chart on Comparison by Product
      • Table Data Table on Comparison by Product
    • Cash management safes - Market size and forecast 2023-2028
      • Table Chart on Cash management safes - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Cash management safes - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Cash management safes - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Cash management safes - Year-over-year growth 2023-2028 (%)
    • Depository safes - Market size and forecast 2023-2028
      • Table Chart on Depository safes - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Depository safes - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Depository safes - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Depository safes - Year-over-year growth 2023-2028 (%)
    • Vaults and vault doors - Market size and forecast 2023- 2028
      • Table Chart on Vaults and vault doors - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Vaults and vault doors - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Vaults and vault doors - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Vaults and vault doors - Year-over-year growth 2023-2028 (%)
    • Gun safes and vaults - Market size and forecast 2023- 2028
      • Table Chart on Gun safes and vaults - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Gun safes and vaults - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Gun safes and vaults - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Gun safes and vaults - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product ($ million)
      • Table Data Table on Market opportunity by Product ($ million)
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2023-2028 (%)
      • Table Data Table on End-user - Market share 2023-2028 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Banking - Market size and forecast 2023-2028
      • Table Chart on Banking - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Banking - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Banking - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Banking - Year-over-year growth 2023-2028 (%)
    • Non-banking - Market size and forecast 2023-2028
      • Table Chart on Non-banking - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Non-banking - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Non-banking - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Non-banking - Year-over-year growth 2023-2028 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user ($ million)
      • Table Data Table on Market opportunity by End-user ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Table Chart on UK - Year-over-year growth 2023-2028 (%)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing demand for safes and vaults from healthcare industry
      • Growing demand for safes and vaults in retail and e-commerce sectors
      • Increase in commercial bank branches
    • Market challenges
      • Increase in cashless transactions
      • High cost of safes and vaults and low rate of repurchase
      • Safety concerns associated with advanced vaults
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Growing demand for customized safes and vaults
      • Incorporation of advanced technologies in safes and vaults
      • Growing emphasis on sustainability in the safes and vaults
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Access Security Products Ltd.
      • Table Access Security Products Ltd. - Overview
      • Table Access Security Products Ltd. - Product / Service
      • Table Access Security Products Ltd. - Key offerings
    • Acme Safe Co.
      • Table Acme Safe Co. - Overview
      • Table Acme Safe Co. - Product / Service
      • Table Acme Safe Co. - Key offerings
    • ADT Inc.
      • Table ADT Inc. - Overview
      • Table ADT Inc. - Business segments
      • Table ADT Inc. - Key news
      • Table ADT Inc. - Key offerings
      • Table ADT Inc. - Segment focus
    • ALPHA INDUSTRIES PVT. LTD.
      • Table ALPHA INDUSTRIES PVT. LTD. - Overview
      • Table ALPHA INDUSTRIES PVT. LTD. - Product / Service
      • Table ALPHA INDUSTRIES PVT. LTD. - Key offerings
    • American Rebel Holdings Inc.
      • Table American Rebel Holdings Inc. - Overview
      • Table American Rebel Holdings Inc. - Product / Service
      • Table American Rebel Holdings Inc. - Key offerings
    • American Security
      • Table American Security - Overview
      • Table American Security - Product / Service
      • Table American Security - Key offerings
    • BJARSTAL sarl
      • Table BJARSTAL sarl - Overview
      • Table BJARSTAL sarl - Product / Service
      • Table BJARSTAL sarl - Key offerings
    • Blue Dot Safes Inc.
      • Table Blue Dot Safes Inc. - Overview
      • Table Blue Dot Safes Inc. - Product / Service
      • Table Blue Dot Safes Inc. - Key offerings
    • Bode Panzer GmbH
      • Table Bode Panzer GmbH - Overview
      • Table Bode Panzer GmbH - Product / Service
      • Table Bode Panzer GmbH - Key offerings
    • Brown Safe Manufacturing Inc.
      • Table Brown Safe Manufacturing Inc. - Overview
      • Table Brown Safe Manufacturing Inc. - Product / Service
      • Table Brown Safe Manufacturing Inc. - Key offerings
    • Bumilsafe Mfg. Co.
      • Table Bumilsafe Mfg. Co. - Overview
      • Table Bumilsafe Mfg. Co. - Product / Service
      • Table Bumilsafe Mfg. Co. - Key offerings
    • CMI Safe Co Australasia Pty Ltd.
      • Table CMI Safe Co Australasia Pty Ltd. - Overview
      • Table CMI Safe Co Australasia Pty Ltd. - Product / Service
      • Table CMI Safe Co Australasia Pty Ltd. - Key offerings
    • Diebold Nixdorf Inc.
      • Table Diebold Nixdorf Inc. - Overview
      • Table Diebold Nixdorf Inc. - Business segments
      • Table Diebold Nixdorf Inc. - Key offerings
      • Table Diebold Nixdorf Inc. - Segment focus
    • Dormakaba Holding AG
      • Table Dormakaba Holding AG - Overview
      • Table Dormakaba Holding AG - Product / Service
      • Table Dormakaba Holding AG - Key offerings
    • Godrej and Boyce Manufacturing Co. Ltd.
      • Table Godrej and Boyce Manufacturing Co. Ltd. - Overview
      • Table Godrej and Boyce Manufacturing Co. Ltd. - Business segments
      • Table Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
      • Table Godrej and Boyce Manufacturing Co. Ltd. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings