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 £825.2 million in 2014-15, up by 5.1% on the previous year, although this does not tell the full story. Revenue is projected to fall at a compound annual rate of 1.7% over the five years through 2014-15. Revenue was driven downwards over the first half of the period by a collapse in the construction sector.
This industry includes firms that manufacture locks, hinges and metal mountings and fittings used in buildings, furniture, vehicles and other applications.
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.