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Lock & Hinge Manufacturing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Lock & Hinge Manufacturing Market Research Report | SIC C25.720 | Mar 2017

Locked in: Improving conditions in the construction sector will encourage growth

The Lock & Hinge Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Assa Abloy Limited Assa Abloy Limited market share
Lowe and Fletcher Limited Lowe and Fletcher Limited market share
Industry Statistics & Market Size
Revenue
£888m
Annual Growth 12-17
0.4%
Annual Growth 17-22
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Profit
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Employment
7,962
Businesses
572
Industry Analysis & Industry Trends

The Lock and Hinge Manufacturing industry is heavily globalised, with several of the world's largest players manufacturing or importing into the UK market. The industry is forecast to generate revenue of £887.9 million in 2016-17, up by 5.5% on the previous year, although this growth is not entirely representative of the past five years. Revenue is forecast to increase at a compound annual rate of just 0.4% over the five years through 2016-17, driven downwards over the first half of the period by a collapse in the construction sector. Investment into the residential and commercial building construction industries nosedived in the wake of the recession, decimating demand for locks and hinges from these markets... purchase to read more

Industry Report - Industry Products Chapter

Over one-third of industry revenue is derived from the manufacture of metal locks and parts. PRODCOM figures indicate that locks contribute a total of 39.5% of industry revenue. The traditional lock manufacturing segment of the industry has been exposed to technological advancements in competing electronic and magnetic mechanisms. It is imperative that traditional manufacturers shore up their existing customer base, differentiate from the emerging technologies or diversify to embrace market trends. The industry also derives a significant proportion of revenue from the manufacture of metal mountings and fittings.

Locks for armoured cupboards and bicycles

This segment includes locks for armoured cupboards and bicycles. Met.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Lock & Hinge Manufacturing Industry?

This industry includes firms that manufacture locks, hinges and metal mountings and fittings used in buildings, furniture, vehicles and other applications.

Industry Products
Locks for armoured cupboards and bicyclesOther locks and partsMetal mountings and fittings for buildingsOther metal mountings and fittings Hinges
 
Industry Activities
Manufacturing metal hingesManufacturing metal locks for buildings Manufacturing metal locks for luggage, vehicles, armoured cupboards and bicyclesManufacturing metal mountings and fittings for buildingsManufacturing other metal mountings and fittings (i.e. for trunks, coffins, suitcases and furniture)Manufacturing parts for metal padlocks, locks and claspsManufacturing metal keys presented separately (including skeleton keys)


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