Press release
Safes and Vaults in Non-banking Market: Technological Innovation Leads to High Demand | Constantia Flexibles, Bemis, Heinrich Ludwig Verpackungen
Safes and Vaults in Non-banking Market Report Description:A Vault is a safe place to store documents or valuables. There are several types of vaults and each one has its own unique advantages. Most of them are made of steel-reinforced concrete and contain thick walls and a door. The weight of these structures can range from hundreds of tons. The newer vaults are more lightweight and are made of thinner materials. They are also much easier to dismantle when they are not needed. The main difference between a vault and a safe is the locking system. Most secure vaults have a time lock, which prevents the door from opening until a certain time. Some vaults also have a dynamic secret, which generates temporary passwords on demand.
Market Drivers:
Rise in crime rate and concern regarding safety of valued assets is expected to augment growth of the global safes and vaults in non-banking market over the forecast period. According to Pew Research Center, in 2019 the robbery crime rate in the U.S. reached 81% in violent crimes by offense types.
Moreover, growing number of natural disasters such as flood is driving the demand for vaults and safes, which is further expected to boost growth of the global safes and vaults in the non-banking market over the forecast period.
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Opportunities:
Technological advancements such as video monitoring systems, seismic detectors, auto-locking mechanisms and more are expected to provide growth opportunities for players in the global safes and vaults in the non-banking market over the forecast period.
Regional Insights:
Among regions, North America is anticipated to witness strong growth in the global safes and vaults in non-banking market over the forecast period. This is attributed to increasing number retail outlets in the region.
Furthermore, Asia Pacific is also projected to witness substantial growth in the global safes and vaults in non-banking market over the forecast period due to growing technological developments, presence of untapped potential in countries such as Japan, China, and India, as well as rising adoption of cash management safes in the region.
Key Players:
Major players operating in the global safe and vaults in non-banking market include Constantia Flexibles, Bemis, Heinrich Ludwig Verpackungen, Amcor, Clondalkin, Coveris, Huhtamaki, Mondi, and Sealed Air.
In August 2021, Skyflow launched a new Healthcare Data Privacy Vault, the first-ever zero-trust data vault developed for personal health information (PHI).
Market segmentation:
Safes and Vaults in Non-banking market is split by Type, and by Application. For the period 2017-2028, the growth among segments provide accurate calculations and forecasts for sales by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type, covers
•- Cash Management Safes
•- Depository Safes
•- Others
Market segment by Application can be divided into
•- Commercial
•- Residential
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Key Reasons to Buy this Report:
✤ The report provides an extensive analysis of the current trends, future estimations, and dynamics of the Safes and Vaults in Non-banking market.
✤ In-depth Safes and Vaults in Non-banking market analysis is conducted by estimations for the key segments between 2022 and 2028.
✤ Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
✤ A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
✤ The Safes and Vaults in Non-banking market forecast analysis from 2022 to 2028 is included in the report.
✤ The key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which helps to understand the competitive outlook of the Safes and Vaults in Non-banking industry.
Detailed TOC of Safes and Vaults in Non-banking Market Outlook 2022:
1. Research Objectives and Assumptions
• Research Objectives
• Assumptions
• Abbreviations
2. Market Overview
• Report Description
- Market Definition and Scope
• Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By End User
• Stratagem Opportunity Map (SOM)
3. Market Dynamics, Regulations, and Trends Analysis
• Market Dynamics
- Drivers
- Restraints
- Market Opportunities
• Impact Analysis
• Industry Trends
• Regulatory Scenario
• Acquisitions, Partnerships & Agreements
• Brand Analysis
• Pricing Analysis
• Epidemiology
• Porter's Analysis
• Value Chain Analysis
• Supply Chain Analysis
• Distribution Landscape
4. Safes and Vaults in Non-banking Market - Impact of Coronavirus (Covid-19) Pandemic
5. Safes and Vaults in Non-banking Market, By Product Type, 2017 - 2028 (US$ Million)
6. Safes and Vaults in Non-banking Market, By Application, 2017 - 2028 (US$ Million)
7. Safes and Vaults in Non-banking Market, By End User, 2017 - 2028 (US$ Million)
8. Competitive Landscape
• Company Profiles
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
9. Competitive Landscape
• Research Methodology
• About us
• Contact
* Browse 15 Market Data Tables and 32 Figures on "Safes and Vaults in Non-banking Market" - Forecast to 2028.
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