General Construction Products & Machinery

Security Shutters: Market Size, Growth & Forecast to 2030

The Security Shutters market is valued at about $5.8 billion (2026) and is projected to grow at a 5.2% CAGR through 2030. The largest cost driver is Raw materials aluminum and steel (45% of spend). Europe leads demand at 35%.

Market size
$5.80 bn (2026)
CAGR to 2030
+5.2%
Buyer power
Favours buyers
Tracked suppliers
120
Projected market growth (index, 2026 = 100)
Base year 2026
Official data · Claight projectionForecast
Market size index, 2026 = 100, at the 5.2% CAGR.
Forecast
2026
2027
2028
2029
2030
2031
2026 base: 1002031 est: 129

Cost structure

Raw materials aluminum and steel
45%
Manufacturing and extrusion labor
20%
Motors and electronic access components
15%
Outbound logistics and freight
12%
Hardware and installation accessories
8%

Regional demand split

Europe demand
35%
Asia Pacific demand
30%
North America demand
22%
Rest of world demand
13%

Key suppliers

Sanwa Holdings CorporationASSA ABLOY ABSomfy S.A.Alulux GmbHHeroalQMi Security InnovationsCharter Global Ltd
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Claight market analysis of proprietary and public data. Full report: /category-intelligence/security-shutters