Global Safety Cabinets Market Size, Share and Industry Analysis by Regions, Countries, Types, and Applications, Forecast to 2028

SKU ID : Maia- 23871099

Publishing Date : 31-May-2023

No. of pages : 111

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  • The global Safety Cabinets market size was valued at USD 903.18 Million in 2022 and will reach USD 1322.58 Million in 2028, with a CAGR of 6.56% during 2022-2028.


    Safety Cabinets are boxes and cabinets designed for the safe storage of hazardous materials. Hazardous materials can include flammable chemicals, corrosive chemicals, infectious biological materials, and more.



    Industry Trends

    The development trend of smart products

    With the continuous development of smart technology, chips, logistics network and other technologies, the application of smart technology in various industries is becoming more and more extensive. At present, with the continuous development of intelligent technology, intelligent Safety Cabinets is also one of the development trends of the industry. For example, in the application of chemicals, Safety Cabinets can bind reagent information with RFID tags, accurately locate the floor through radio frequency signals and automatically identify the status of reagents entering and leaving the warehouse, forming a complete database of reagent receiving information to achieve unattended and accurate management. In addition, the intelligent Safety Cabinets can ensure the safety of use through a variety of authentication measures, standardize the use process, and realize the automation of ledger records, real-time dynamic query, precise measurement of reagents, and early warning reminders for violations of laboratory hazardous chemicals. These can bring convenient operation experience to laboratory users, reduce the workload of managers, and reduce the risk of laboratory safety control. For biohazard management, Safety Cabinets can use intelligent programming and sensor technology to identify exhaust system failures. In general, with the continuous development of the industry market and technological progress, intelligent products will be one of the trends in the development of the industry.



    Market Challenges

    Brand Barriers

    Safety Cabinets are mainly cabinets used to store flammable chemicals, corrosive chemicals, infectious biological materials and other materials. Due to the particularity of storage materials, the market has high requirements for the quality of Safety Cabinets. Therefore, for the downstream industry market, downstream customers such as laboratories and pharmaceutical companies will prefer big brand companies when choosing Safety Cabinets. After years of precipitation and long-term accumulation, the big brand companies in the Safety Cabinets market have established a strict product quality control system and a strong product research and development system. In the process of continuous promotion of products and brands, the company finally won the recognition of Safety Cabinets from downstream customers. Once the corporate brand image is established, it will be stickier to consumers, and downstream customers will habitually choose products of well-known brands. Therefore, if new entrants and small and medium-sized enterprises want to build well-known brands in a short period of time, they need a lot of publicity expenses and long-term technology accumulation. Therefore, brand barriers are one of the challenges faced by new entrants and SMEs in the industry.



    Region Overview:

    In 2021, the share of the Safety Cabinets market in North America stood at 38.33%.



    Company Overview:

    Justrite

    Founded in 1906, Justrite is a leading manufacturer of storage, handling and workplace safety products. The company's flagship product is the Justrite Safety Tank, a safety tank for the storage and transfer of flammable liquids. Justrite is a global leader in the manufacture of safety tanks, safety cabinets, outdoor safety storage, spill containers, cylinder storage equipment, and a range of custom industrial safety solutions. In 2018, the company acquired Eagle Manufacturing Company.



    DENIOS

    DENIOS offers the best selection of hazardous waste storage, flammable storage and chemical storage products to protect the environment and provide workplace storage safety. The company designs and manufactures a full line of chemical storage, handling and containment products. The company offers custom engineered storage solutions for specific applications as well as innovative standard storage and containment products for any business that handles, stores or processes hazardous chemicals.



    Justrite is one of the major players operating in the Safety Cabinets market, holding a share of 12.79% in 2022.



    Segmentation Overview:

    Safety Storage Cabinets

    Safety Storage Cabinets are mainly used for safe storage of products such as flammable liquids and corrosive liquids in gas cylinders.



    Biological Safety Cabinets

    Biological Safety Cabinets are a kind of biological protection equipment for personnel, environment and product protection in places such as biological safety laboratories.



    By type, Safety Storage Cabinets segment accounted for the largest share of market in 2021.



    Application Overview:

    According to different application fields of products, it is divided into Construction Sector, Manufacturing Sector, Laboratories, Healthcare, etc. For example, in biological laboratories, Healthcare, products provide biosafety protection for people in the field. In the fields of Construction Sector and Manufacturing Sector, products provide safe storage solutions for dangerous substances such as flammable liquids in these fields.



    The market's largest segment by application is the segment Laboratories with a market share of 55.79% in 2021.



    The Safety Cabinets market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.



    Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.



    In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.



    Key Companies in the global Safety Cabinets market covered in Chapter 4:

    Securall
    Kewaunee Scientific
    Cintas
    Azbil Telstar
    Thermo Fisher Scientific
    Durham Manufacturing
    Justrite
    Jamco Products
    Köttermann
    NuAire
    Esco Lifesciences
    Stanley Black & Decker
    asecos GmbH
    DENIOS
    ECOSAFE


    In Chapter 12 and Chapter 14.1, on the basis of types, the Safety Cabinets market from 2018 to 2028 is primarily split into:

    Safety Storage Cabinets
    Biological Safety Cabinets


    In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Safety Cabinets market from 2018 to 2028 covers:

    Construction Sector
    Manufacturing Sector
    Laboratories
    Healthcare
    Others


    Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:

    North America (United States, Canada, Mexico)

    Europe (Germany, United Kingdom, France, Italy, Spain)

    Asia Pacific (China, Japan, South Korea, India, Southeast Asia)

    South America (Brazil, Argentina)

    Middle East & Africa (Saudi Arabia, UAE, South Africa)



    Outline:

    Chapter 1 begins with the Safety Cabinets market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Safety Cabinets market and its likely evolution in the short to mid-term and long term.



    Chapter 2 provides Safety Cabinets industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.



    Chapter 3 depicts Safety Cabinets industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.



    Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Safety Cabinets market ranking, benchmarks, and company business portfolio.



    Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.



    Chapters 6-10 highlight Safety Cabinets market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.



    Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.



    Chapters 12-13 evaluate the Safety Cabinets market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.



    Chapters 14-15 elaborate on the Safety Cabinets market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.



    Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.



    Years considered for this report:



    Historical Years:

    2018-2022

    Base Year:

    2022

    Estimated Year:

    2023

    Forecast Period:

    2023-2028

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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