In 2023, Italy led the European market for the production of armoured safes, strongboxes, and related products, commanding 42.41% of the market share by value. Poland and France followed with 15.34% and 11.89%, respectively. Germany and Czechia recorded shares of 10.65% and 6.67%. Notably, Poland experienced significant growth with a 5.79% increase, while Slovakia faced a sharp decline at -26.57%. Conversely, Romania, despite a smaller total share, showed considerable development at 19.32%.
Future trends to watch include technological advancements in safe manufacturing, increasing demand for high-security solutions, and potential shifts in production locations influenced by geopolitical and economic changes. Monitoring Italy's ability to maintain its dominant position will also be crucial.
Top countries in Sold Production of Armoured or Reinforced Safes, Strongboxes and Doors and Safe Deposit Lockers for Strongrooms of Base Metal Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 42.41 | 2023 | +0.19% | +1.95% | View data |
| 2 | 2 Poland | 15.34 | 2023 | +1.68% | +5.79% | View data |
| 3 | 3 France | 11.89 | 2023 | -0.32% | -1.95% | View data |
| 4 | 4 Germany | 10.65 | 2023 | +2.15% | -1.54% | View data |
| 5 | 5 Czechia | 6.67 | 2023 | |||
| 6 | 6 Spain | 5.13 | 2023 | +14.43% | +4.22% | View data |
| 7 | 7 Slovakia | 3.51 | 2023 | -19.19% | -26.57% | View data |
| 8 | 8 Bulgaria | 2.77 | 2023 | +2.75% | +0.95% | View data |
| 9 | 9 United Kingdom | 0.79 | 2023 | -17.84% | -12.1% | View data |
| 10 | 10 Romania | 0.57 | 2023 | +3.38% | +19.32% | View data |
