Locksmith Awards Digital Magazine February 2026

LOOKING AHEAD TO 2026 MANAGING MARKET CHALLENGE WITH DISCIPLINE EVIDENCE AND CONFIDENCE

The past year has reinforced a reality that most within our industry recognize, market conditions remain challenging, but they are not without opportunity for businesses that plan carefully, remain close to their markets, and invest with discipline. During 2025 continued pressure was felt across both residential and commercial construction. Rising operational costs driven by wage inflation, National Insurance changes, and wider input cost increases have been a persistent challenge. At the same time regulatory delays and funding constraints particularly within social housing and certain high rise and mixed use developments have slowed project pipelines. These factors were largely expected but required active management rather than passive acceptance. Against this backdrop the year also

delivered meaningful progress. Strong industry engagement at events, such as the FIT Show, a relevant and active innovation pipeline, and recognition through national awards, reinforced the importance of continued investment even during more difficult periods. While volumes remained under pressure on some commercial and residential projects, our focus on operational control efficiency and close customer alignment allowed us to manage inflationary pressures while maintaining stability for our manufacturing partners. Looking ahead to 2026, expectations across the industry are understandably

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