Navigation Links
Personal Safes Market to Top $308 Million by 2011

NEW YORK, Jan. 10 /PRNewswire/ -- U.S. Market for Personal Safes, a new report by market research publisher SBI, forecasts that the market for personal safes will grow by double digits in 2008 and beyond, topping $308 million by 2011. At $221 million in 2006, personal safes accounted for 36% of the overall U.S. safes market. In terms of units, personal safes account for an even greater share. An estimated 300,000 safes are sold each year in the U.S., 60% of which are sold in the consumer marketplace.

Recent natural disasters such as hurricanes, wildfires, and floods have increased awareness among consumers of the need to protect valuables. In addition to environmental concerns, consumers are increasingly aware of the threat of burglary for their home offices and the need to conform to firearm regulations.

Promotion and consumer education are important aspects of personal safe sales. Along with building awareness, some promotions include warranties or guarantees against theft, vandalism, or fire. In addition, personal safes are often promoted as part of an overall home protection system.

As safes become more of a mass-market commodity, manufacturers are creating new and innovative designs to accommodate homeowners. Table-top "safes" hide items in containers that imitate consumer products, such as beer cans or cleaning product containers, while discrete wall safes allow access through imitation electrical outlets. The newest technology for locks is biometrics, which generally involves the use of fingerprint recognition to open a safe.

U.S. Market for Personal Safes contains comprehensive data on the U.S. market for residential safes, including historical and forecasted market supply values. The report identifies key trends affecting the marketplace, along with trends driving growth, and also profiles major marketers and consumer demographics. The report is available from SBI by visiting:

About SBI

SBI, Specialists in Business Information, publishes research reports in the industrial, construction, materials, and consumer goods markets. For more information visit, or contact Tom Ehart at 240-747-3014, or

Copyright©2008 PR Newswire.
All rights reserved

Related biology news :

1. New genetic research into nicotine addiction shows promise for personalized treatment
2. Emory, Ohio State launch partnership in predictive and personalized health care
3. New clinical trial results show how personalized medicine will alter treatment of genetic disorders
4. New study warns limited carbon market puts 20 percent of tropical forest at risk
5. Emerging (disease) markets
6. M2SYS Partners with SecuGen Corporation to Support Market Leading Hamster Plus Fingerprint Reader with Auto-On Technology
7. IEEE-USA innovation forum will help prepare US tech leaders to prosper in a global marketplace
8. Ceres and Texas A&M to develop and market high-biomass sorghum for biofuels
9. Market testing of dietary supplements and drugs underscores value of USPs public health programs
10. Structure of 450 million year old protein reveals evolutions steps
11. First orchid fossil puts showy blooms at some 80 million years old
Post Your Comments:
(Date:4/26/2016)... DUBLIN , April 27, 2016 ... of the  "Global Multi-modal Biometrics Market 2016-2020"  report ... ) , The analysts forecast ... a CAGR of 15.49% during the period 2016-2020.  ... a number of sectors such as the healthcare, ...
(Date:4/14/2016)... 14, 2016 BioCatch ™, ... today announced the appointment of Eyal Goldwerger ... Goldwerger,s leadership appointment comes at a time ... the deployment of its platform at several of the ... which discerns unique cognitive and physiological factors, is a ...
(Date:3/29/2016)... LegacyXChange, Inc. (OTC: LEGX ... Protect are pleased to announce our successful effort to ... of writing instruments, ensuring athletes signatures against counterfeiting and ... athletes on LegacyXChange will be assured of ongoing proof ... Bill Bollander , CEO states, "By inserting ...
Breaking Biology News(10 mins):
(Date:6/23/2016)... , June 23, 2016  Blueprint Bio, a ... discoveries to the medical community, has closed its Series ... Matthew Nunez . "We have received a ... the capital we need to meet our current goals," ... provide us the runway to complete validation on the ...
(Date:6/23/2016)... ... June 23, 2016 , ... ... at the Pennsylvania Convention Center and will showcase its product’s latest features from ... also be presenting a scientific poster on Disrupting Clinical Trials in The Cloud ...
(Date:6/23/2016)... SAN FRANCISCO , June 22, 2016  Amgen ... platinum sponsorship of the QB3@953 life sciences ... improve human health. The shared laboratory space at QB3@953 ... startups overcome a key obstacle for many early stage ... As part of the sponsorship, Amgen launched two "Amgen ...
(Date:6/22/2016)... Research and Markets has announced the addition ... their offering. The global ... billion in 2013. The market is expected to grow at a ... 2020, increasing from $50.6 billion in 2015 to $96.6 billion in ... forecast period (2015 to 2020) are discussed. As well, new products ...
Breaking Biology Technology: