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Safes in the US Procurement Price, Data and Insights
This report is intended to assist buyers of safes. Safes are made from a variety of materials, including metals, wood and plastics. This report focuses on commercial metal safes, although safes range from plastic fire-protection capsules with less than a cubic foot of capacity to steel capsules with a capacity of 15-cubic feet or more.
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What’s included in this market coverage
IBISWorld's research coverage on the Safes procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Safes market in the United States includes Commercial Metal Safes, Plastic Fire-Protection Capsules, Steel Capsules, Fireproof Safes, Burglary Safes, Gun Safes and Wall Safes. Standard coding in this coverage includes HS-8303-Safes; Armoured Or Reinforced, Strong-Boxes, Doors And Safe Deposit Lockers For Strong-Rooms, Cash Or Deed Boxes And The Like, Of Base Metal, ISIC-2599-Manufacture of other fabricated metal products n.e.c., NACE-25.99-Manufacture Of Other Fabricated Metal Products N.E.C., NAICS-332999-All Other Miscellaneous Fabricated Metal Product Manufacturing and UNSPSC-46171506-Safes.
What common market terminology is included?
Common market terminology included in the Safes procurement coverage includes Biometric (The identification of individuals based on physical characteristics like fingerprints. Some safes incorporate biometric locking mechanisms.) and Opening Mechanism (The mechanism by which the safe is unlocked. Safes can have dial, keypad or biometric opening mechanisms.).
What companies are included as top suppliers?
The top companies covered in the Safes procurement report as suppliers are American Security Products Company, FireKing Security Group, Fortune Brands Home & Security, Inc., Newell Brands Inc. and Sentry Group.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Safes market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per safe, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Safes market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Safes procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Safes market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Safes market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Safes?
The 2026 benchmark market price for Safes is $407 per safe. Prices have declined at a CAGR of -0.89 from 2023-26.
Who are the top vendors in the Safes market?
The top vendors in the Safes market include American Security Products Company, FireKing Security Group, Fortune Brands Home & Security, Inc., Newell Brands Inc. and Sentry Group.
What industries supply the Safes market?
The top industries supplying the Safes market are Cement Manufacturing in the US, Mineral & Phosphate Mining in the US, Iron & Steel Manufacturing in the US, Iron Ore Mining in the US, Paint Wholesaling in the US and Paint Manufacturing in the US.
What is the supply chain risk for Safes?
Low vendor risk supported by stable demand and consistent revenue. Suppliers of safes benefit from steady demand across commercial, financial, and residential markets, which helps maintain reliable revenue streams and reduces the likelihood of vendor failure. This financial stability creates low vendor risk overall, giving buyers confidence in long-term contracts. Procurement teams can focus on securing favorable pricing and service terms, knowing the risk of service discontinuity from financially stable vendors is minimal.
What factors affect the price of Safes?
Higher security ratings and certifications, such as UL ratings, increase the price of commercial metal safes. Safes with advanced locks and fire resistance can cost 20-30% more due to added protection and compliance with industry standards.
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