Safes and Vaults Market Report 2026

The safes and vaults market size has grown strongly in recent years. It will grow from $7.15 billion in 2025 to $7.75 billion in 2026 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to increasing burglary and theft incidents, demand for residential security, expansion of banking sector, growth in luxury goods ownership, rising awareness about document safety.

The safes and vaults market size is expected to see strong growth in the next few years. It will grow to $10.66 billion in 2030 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to adoption of smart and IoT-enabled safes, growth in commercial infrastructure, rising cyber-physical security integration, demand for eco-friendly and fireproof materials, innovation in modular and customizable vaults. Major trends in the forecast period include fire and flood resistant safes, biometric and electronic access safes, modular and customizable vault solutions, smart monitoring and remote access, eco-friendly and sustainable materials.

The rise in crime rates and growing concern over the safety of valuable assets are expected to drive the demand for safes and vaults. Crime incidents encompass reported unlawful activities such as theft, burglary, fraud, and violent offenses that threaten personal and commercial property. The frequency of such incidents is increasing due to the higher occurrence of theft and burglary impacting both households and businesses. Safes and vaults address these risks by providing secure, tamper-resistant storage for valuable assets, helping to prevent theft and reduce losses for individuals and organizations. For example, in April 2025, the Office for National Statistics (ONS), a UK-based executive office of the UK Statistics Authority, reported that the estimated number of headline crime incidents (including fraud, theft, violence, and other offenses) rose to approximately 9.6 million in 2024, marking a 14% increase from around 8.4 million in 2023. Consequently, the rising crime rate and concerns about asset security are fueling the growth of the safes and vaults market.

Leading companies in the safes and vault market are concentrating on enhancing biometric technologies, such as electronic locking solutions, to improve security and user convenience. An electronic locking solution is a security system that employs electronic mechanisms, including keypads or biometric scanners, to regulate access to physical spaces. This technology enhances security and convenience by allowing remote monitoring and customizable access permissions. For example, in September 2024, Gunnebo, a Sweden-based security firm, introduced Origo, a new electronic locking solution designed to improve security for safes and vaults. It features a one-time-code algorithm and encrypted communication, offering flexible access management, cost efficiency, and adherence to strict security standards.

In July 2023, Associated Security Solutions, a UK-based company specializing in safes and security solutions, acquired Validator Safes for an undisclosed amount. This acquisition is intended to broaden Associated Security Solutions' product offerings and reinforce its market position in cash management solutions. Validator Safes is another UK-based company that focuses on the secure management of staked assets for validators.

Major companies operating in the safes and vaults market are Chubbsafes, Brink's, Diebold Nixdorf Inc., Gardall, Dormakaba Group, Godrej & Boyce Manufacturing Co Ltd., American Security Products, Hamilton Safe, SentrySafe, Brown Safe Manufacturing, Allied Fire & Security, Access Security Products Ltd., Alpha Safe & Vault Inc., Bode-Panzer GmbH, Kumahira Co Ltd., Acme Safe Co, Vaultek Safe Inc., BJARSTAL, Caradonna (France), Kaso, Safeguard Safes, The American Security (US), Phoenix Safe Company, FireKing Security Group, Sun Welding Safe CO, Major Manufacturing Inc., Shinjin Safes, Stealth Safes, Fichet-Bauche.

North America was the largest region in the safes and vaults market in 2025. The regions covered in the safes and vaults market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the safes and vaults market report are Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

The safes and vaults market consists of sales of burglary-resistant, fire-resistant, jewelry safes, manual safe, electronic safe, and security safe. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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