Lifting Accessories Market Outlook (2022-2032)

The global lifting accessories market has reached a valuation of US$ 458.1 million in 2022.

Detailed industry analysis has revealed that revenue from the sales of lifting accessories is expected to climb to US$ 801.5 million by 2032, with the market expanding at a CAGR of around 5.8% over the 2022-2032 assessment period.

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Key findings of the Lifting Accessories market study:

·         Regional breakdown of the Lifting Accessories market based on predefined taxonomy.

·         Innovative manufacturing processes implemented by Lifting Accessories vendors in detail.

·         Region-wise and country-wise fragmentation of the Lifting Accessories market to grasp the revenue, and growth outlook in these areas.

·         Changing preferences among consumers across various regions and countries.

·         Factors (Positive and Negative) impacting the growth of the global Lifting Accessories market.

Competitive Landscape:

Companies are entering into constructive collaborations and partnerships with end-use industries for product innovation and customization. Market participants are channelizing their resources and capital focusing on lucrative end uses while trying to expand their customer base.

All in all, a blend of an organic and inorganic growth strategy is allowing companies to capture a significant share in this highly competitive market.

  • In December 2021, The Crosby Group acquired Airpes, a company that develops and manufactures lifting handling and weighing solutions for wind energy and industrial customers.
  • In September 2021, Dunes Point Capital, LP ("DPC") invested in All-Lift Systems, Inc. ("All-Lift"). The company is a provider of aftermarket services and parts for overhead cranes and other construction lifting equipment.

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Segmentation of Lifting Accessories Industry Research:

  • Lifting Accessories Market by Form :

o    Powder Lifting Accessories

o    Aqueous Lifting Accessories

  • Lifting Accessories Market by Application :

o    Hair Care

o    Skin Care

o    Other Applications

  • Lifting Accessories Market by Region :

o    North America 

o    Latin America 

o    Europe Sodium 

o    East Asia Sodium 

o    South Asia & Oceania  

o    MEA 

 

Queries addressed in the Lifting Accessories market report:

·         Why are the Lifting Accessories market players targeting region for increased product sales?

·         What patented technologies are the players utilizing in the global Lifting Accessories market?

·         Which regions are displaying the fastest growth in the Lifting Accessories market?

·         What are the underlying micro- macroeconomic factors affecting the global Lifting Accessories market?

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