A combination lock is a type of locking device in which a sequence of symbols, usually numbers, is used to open the lock. The sequence may be entered using a single rotating dial which interacts with several discs or cams, by using a set of several rotating discs with inscribed symbols which directly interact with the locking mechanism, or through an electronic or mechanical keypad. Types range from inexpensive three-digit luggage locks to high-security safes. Unlike ordinary padlocks, combination locks do not use keys.
This report contains market size and forecasts of Combination Padlock in global, including the following market information:
Global Combination Padlock Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Combination Padlock Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Combination Padlock companies in 2021 (%)
The global Combination Padlock market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Multiple-dial Locks Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Combination Padlock include Master Lock, Desired Tools, Surelock McGill, ABUS, Harbour Freight, Hodge Products, Sargent and Greenleaf, Decathlon and Wickes. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Combination Padlock manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Combination Padlock Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Combination Padlock Market Segment Percentages, by Type, 2021 (%)
Multiple-dial Locks
Single-dial locks
Global Combination Padlock Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Combination Padlock Market Segment Percentages, by Application, 2021 (%)
School Locker
Bicycle
Suitcase
Others
Global Combination Padlock Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Combination Padlock Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Combination Padlock revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Combination Padlock revenues share in global market, 2021 (%)
Key companies Combination Padlock sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Combination Padlock sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Master Lock
Desired Tools
Surelock McGill
ABUS
Harbour Freight
Hodge Products
Sargent and Greenleaf
Decathlon
Wickes