Market Forecast By Product Type (Split, Tooth, Others), By Application (Automotive, Aerospace, Machinery & Equipment, Construction, Others) And Competitive Landscape
| Product Code: ETC062038 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the Saudi Arabia lock washer market, the import trend showed a notable growth rate of 13.16% from 2023 to 2024, with a compound annual growth rate (CAGR) of 17.26% for the period 2020-2024. This upward momentum can be attributed to increased demand for industrial machinery and infrastructure development projects in the region.
| Report Name | Saudi Arabia Lock Washer Market |
| Forecast period | 2026-2032 |
| CAGR | 8.6% |
| Growing Sector | Automotive / Construction / Industrial Machinery |
In Saudi Arabia, demand for lock washers is being driven by strong expansion across construction, automotive, manufacturing, and infrastructure sectors where reliable fastening solutions are critical. As industrial activity increases, so does the need for components that prevent loosening of fastened joints under vibration, thermal stress, or heavy load — supporting steady market growth. Additionally, the shift toward modern machinery, rising maintenance requirements, and greater adoption of advanced engineering standards further boost demand, positioning lock washers as an essential element in long-term operational safety and equipment reliability.
According to 6Wresearch internal database and industry insights, the Saudi Arabia Lock Washer Market is projected to grow at a compound annual growth rate (CAGR) of 8.6% during the forecast period (2026–2032). The market expansion is supported by ongoing industrial diversification, increased infrastructure spending, and rising demand for high-performance fastening solutions across multiple sectors, strengthening the need for durable lock washers.
Growing Automation In Industries with advancements in automation technology leading to improved efficiencies along with cost savings and better quality products, it is driving manufacturers towards automation solutions which incorporate lock washers among other components. This is likely to drive the Saudi Arabia Lock Washer Market over the forecast period. Increasing Demand For Industrial And Residential Construction Projects with government initiatives like Vision 2030 aimed at developing infrastructure development throughout Saudi Arabia , coupled with increased investment into residential projects , there has been an increase in demands for construction materials including fastening elements like lock washers . This will propel market growth over this period of time.
Increasing competition from local and international players in the Saudi Arabia lock washer market due to low labour costs. Fluctuations in raw material prices, such as steel, rubber, plastic and zinc alloys which are used for manufacturing of lock washers, have a direct effect on the cost of production and hence the profitability of manufacturers operating in this sector.
The key players active in the Saudi Arabia Lock Washer Market are APEX Fastener (UK), ASSEMBLY FASTENERS PVT LTD (India), Brighton Best International LLC (UAE) ,Gripco Inc (USA), ITW Shakeproof Industrial Products GmbH(Germany) , Klockner Moeller Electric Corporation India Pvt Ltd(India ), NutsandBoltsInc.(USA).
The Saudi Arabia Lock Washer Market report provides a detailed analysis of the following market segments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Saudi Arabia Lock Washer Market Overview |
| 3.1 Saudi Arabia Country Macro Economic Indicators |
| 3.2 Saudi Arabia Lock Washer Market Revenues & Volume, 2022 & 2032F |
| 3.3 Saudi Arabia Lock Washer Market - Industry Life Cycle |
| 3.4 Saudi Arabia Lock Washer Market - Porter's Five Forces |
| 3.5 Saudi Arabia Lock Washer Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
| 3.6 Saudi Arabia Lock Washer Market Revenues & Volume Share, By Application, 2022 & 2032F |
| 4 Saudi Arabia Lock Washer Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Saudi Arabia Lock Washer Market Trends |
| 6 Saudi Arabia Lock Washer Market, By Types |
| 6.1 Saudi Arabia Lock Washer Market, By Product Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 Saudi Arabia Lock Washer Market Revenues & Volume, By Product Type, 2022 - 2032F |
| 6.1.3 Saudi Arabia Lock Washer Market Revenues & Volume, By Split, 2022 - 2032F |
| 6.1.4 Saudi Arabia Lock Washer Market Revenues & Volume, By Tooth, 2022 - 2032F |
| 6.1.5 Saudi Arabia Lock Washer Market Revenues & Volume, By Others, 2022 - 2032F |
| 6.2 Saudi Arabia Lock Washer Market, By Application |
| 6.2.1 Overview and Analysis |
| 6.2.2 Saudi Arabia Lock Washer Market Revenues & Volume, By Automotive, 2022 - 2032F |
| 6.2.3 Saudi Arabia Lock Washer Market Revenues & Volume, By Aerospace, 2022 - 2032F |
| 6.2.4 Saudi Arabia Lock Washer Market Revenues & Volume, By Machinery & Equipment, 2022 - 2032F |
| 6.2.5 Saudi Arabia Lock Washer Market Revenues & Volume, By Construction, 2022 - 2032F |
| 6.2.6 Saudi Arabia Lock Washer Market Revenues & Volume, By Others, 2022 - 2032F |
| 7 Saudi Arabia Lock Washer Market Import-Export Trade Statistics |
| 7.1 Saudi Arabia Lock Washer Market Export to Major Countries |
| 7.2 Saudi Arabia Lock Washer Market Imports from Major Countries |
| 8 Saudi Arabia Lock Washer Market Key Performance Indicators |
| 9 Saudi Arabia Lock Washer Market - Opportunity Assessment |
| 9.1 Saudi Arabia Lock Washer Market Opportunity Assessment, By Product Type, 2022 & 2032F |
| 9.2 Saudi Arabia Lock Washer Market Opportunity Assessment, By Application, 2022 & 2032F |
| 10 Saudi Arabia Lock Washer Market - Competitive Landscape |
| 10.1 Saudi Arabia Lock Washer Market Revenue Share, By Companies, 2025 |
| 10.2 Saudi Arabia Lock Washer Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |