Door Lock & Lockset Manufacturing - IBISWorld Industry Market Research

Door Lock & Lockset Manufacturing

Door Lock & Lockset Manufacturing - IBISWorld Industry Market Research
Door Lock & Lockset Manufacturing
Published Oct 02, 2014
34 pages — Published Oct 02, 2014
Price US$ 910.00  |  Buy this Report Now

About This Report

  
Abstract:

Over the past decade, industry revenue has fallen consistently as companies continue to offshore production, a trend that has resulted in the industry's shrinking footprint on the US economy. The Door Lock and Lockset Manufacturing industry derives the majority of its demand from the construction, home improvement, automotive and office furniture markets, all of which contracted significantly during the recession. As a result, demand for industry products dropped sharply. Over the five years to 2019, industry revenue is projected to increase marginally, however, after the postrecessionary boost, heightened competition from inexpensive imports and the continued offshoring of US manufacturing plants will overwhelm this short-term growth, leading to continued revenue contraction.

This industry manufactures classic and keyless door locks and locksets. A door lock is a lock on an exterior door. Lockets are complete locking systems, which include knobs, plates and a locking mechanism.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
Source:
Document ID
OD5777
Country
Report Type
US Special Collection
Format:
PDF Adobe Acrobat
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Door Lock & Lockset Manufacturing" Oct 02, 2014. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Door-Lock-Lockset-Manufacturing-2042-5329>
  
APA:
IBISWorld Industry Market Research. (2014). Door Lock & Lockset Manufacturing Oct 02, 2014. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Door-Lock-Lockset-Manufacturing-2042-5329>
  
US$ 910.00
$  £  
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