Locker Market - Introduction
A locker is a storage compartment in which products are kept safely. Lockers are made from various materials such as aluminum, steel, plastic, wood, etc.
Demand for lockers has been on the rise due to change in lifestyle of people. Consumers have become more aware about safety and security of their valuables. For security purposes, consumers prefer electric lockers to keep their valuables such as money and jewelry safe.
Locker Market - Competitive Landscape
Incorporated in 1963, Spacesaver Corporation is based in Wisconsin, United States and was formerly known as Staller Cabinets. The company offers various products such as high-density mobile shelving, day use lockers, evidence storage, filing cabinet storage, locker storage, metal shelving, modular storage, art racks, museum storage cabinets, nurse server (known as CoreStor), parachute storage, and weapons storage.
Industrial Manufacturing Company, LLC
Industrial Manufacturing Company, LLC was founded in 2005 in Ohio, United States. The company has more than 3,500 employees in 34 manufacturing countries. Penco is the brand of the company through which it sells lockers in the market.
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InterMetro Industries Corporation
Founded in 1929, InterMetro Industries Corporation is based in Pennsylvania, United States. The company was founded by Louis Maslow. The company manufactures over 30,000 products such as advanced polymer shelving, medical and special application carts, storage cabinets, heated cabinets, high-density shelving, wall storage systems, and stainless fabricated products. The company offers products to foodservice companies, healthcare, industrial sector, labs, and grocery stores.
Some of the key players operating in the global locker market include Industrial Manufacturing Company LLC, Dexion (Australia) Pty Ltd., Intermetro Industries Corporation, idX Corporation, Pather Plastics Canada Inc., Comany Inc., Shenzhen Wanruntong Building Materials Co. Ltd., Hufcor Inc., Kinnarps Ab, Dorma Hueppe Pty Ltd, Activar Inc., Spacesaver Corporation, Groupe Artitalia Inc, Universal Display And Fixture Company, Nanjing Inform Storage Equipment (Group) Co., Ltd., The Bobrick Corporation, Lyon Workspace Products LLC, and Mecalux México S.A. De C.V.
Locker Market – Dynamics
Increasing awareness about security
Demand for lockers has increased due to change in lifestyle of people. Consumers wish to keep their valuables safe. Increasing disposable income is also a factor driving the growth of the global locker market. Innovation has developed more secure and light weight lockers. Manufacturers are adding fingerprint technology in the locker systems to keep it more safe and secure.
Growth in construction and renovation of residential and commercial buildings
Increasing construction of commercial and residential buildings has enhanced the demand for lockers. Some companies prefer that employees keep their valuables in lockers. These lockers are widely used in fitness centers, healthcare, educational facilities, commercial, and industrial locations etc.
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Locker Market – Segmentation
The locker market can be bifurcated on the basis of:
- Distribution Channel
Locker Market Segmentation – By Product
Based on product, the locker market can be divided into:
- Metal Lockers
- Laminate Lockers
- Wood Lockers
- Plastic and Phenolic Lockers
Locker Market Segmentation – By Type
Based on type, the locker market can be divided into:
- Electronic Lock
- Manual Lock
Locker Market Segmentation – By Size
In terms of size, the locker market can be divided into:
- 1 and 2 Tier
- 3 and 4 Tier
- More Than 4 Tier
Locker Market Segmentation – By Application
In terms of application, the locker market can be divided into:
Locker Market Segmentation – By Distribution Channel
Based on distribution channel type, the locker market can be divided into:
- Supermarkets/ Hypermarkets
- Specialty Stores
- Departmental stores
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