Global Lifting Accessory Market Growth 2025-2031

The global Lifting Accessory market size is predicted to grow from US$ 1792 million in 2025 to US$ 2545 million in 2031; it is expected to grow at a CAGR of 6.0% from 2025 to 2031.

‘Lifting Accessory’ means a component or equipment not attached to the lifting machinery, allowing the load to be held, which is placed between the machinery and the load or on the load itself, or which is intended to constitute an integral part of the load and which is independently placed on the market; slings and their components are also regarded as lifting accessories;Given the varied shape, size and nature of the loads to be lifted, equipment is often placed between the holding device (hook) of the lifting machinery and the load, or on the load itself, in order to hold the load during the lifting operation. Such equipment is referred to as a lifting accessory. Products that are independently placed on the market to be incorporated into loads for this purpose are also considered as lifting accessories.

The global lifting accessory market refers to the market for various accessories and attachments used in lifting operations across different industries. Lifting accessories are essential components in material handling systems, enabling the safe lifting, moving, and positioning of heavy loads. These accessories include slings, hooks, chains, hoists, clamps, shackles, and other lifting attachments.

Here are some key factors driving the growth of the global lifting accessory market:

Increasing industrialization and infrastructure development: Rapid industrialization and infrastructure development projects in emerging economies are driving the demand for lifting accessories. The construction sector, in particular, requires lifting accessories for the movement and installation of heavy materials and equipment. Besides, other industries such as manufacturing, oil and gas, mining, and transportation also require lifting accessories for their daily operations.

Emphasis on workplace safety regulations: Safety regulations and standards mandating the use of appropriate lifting accessories to ensure worker safety have been implemented across various industries globally. Strict adherence to these regulations and the need to prevent accidents and injuries during lifting operations have increased the demand for reliable and certified lifting accessories.

Technological advancements and product innovations: The lifting accessory market has witnessed continuous technological advancements and innovations to improve efficiency, ease of use, and safety. Manufacturers are developing lifting accessories with enhanced features such as anti-corrosion properties, lightweight materials, ergonomic designs, and advanced load monitoring systems. These innovations drive market growth by attracting customers looking for reliable and efficient lifting solutions.

Growth in e-commerce and logistics industry: The growth of the e-commerce industry and the increasing demand for quick and efficient logistics operations have created a significant need for lifting accessories. Warehousing, order fulfillment, and material handling in the e-commerce and logistics sectors heavily rely on lifting accessories for efficient movement and storage of goods. The rise in online shopping and same-day delivery services further fuels the demand for lifting accessories.

Expansion of renewable energy sector: The expansion of the renewable energy sector, including wind and solar power, requires lifting accessories for the installation and maintenance of equipment such as wind turbine components and solar panels. The increasing global focus on clean energy sources drives the demand for lifting accessories in this sector.

Market competition in the lifting accessory industry is intense, with players focusing on product quality, safety, reliability, and customization to meet specific customer requirements. Manufacturers also emphasize building strong distribution networks, providing extensive after-sales support, and offering comprehensive training programs to ensure optimal utilization and safety of lifting accessories. Additionally, the emphasis on product certifications and compliance with international safety standards is crucial in gaining customer trust and market competitiveness.

LP Information, Inc. (LPI) ' newest research report, the “Lifting Accessory Industry Forecast” looks at past sales and reviews total world Lifting Accessory sales in 2024, providing a comprehensive analysis by region and market sector of projected Lifting Accessory sales for 2025 through 2031. With Lifting Accessory sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lifting Accessory industry.

This Insight Report provides a comprehensive analysis of the global Lifting Accessory landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lifting Accessory portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lifting Accessory market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lifting Accessory and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lifting Accessory.

This report presents a comprehensive overview, market shares, and growth opportunities of Lifting Accessory market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Lifting Hooks
Shackles
Turnbuckles
Swivels
Links & Chains
Others

Segmentation by Application:
Construction
Logistics and Transportation
Automotive
Industrial
Power & Energy
Oil & Gas
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
The Crosby Group
Columbus McKinnon
Pewag Group
Van Beest
Wurth Group
William Hackett Lifting Products Ltd.
Peerless Industrial Group, Inc.
Toho-Rongkee
AUZAC Co. Ltd.
Campbell Chain
Gunnebo Industries
RUD Group
Thiele
Yoke Industrial Corp

Key Questions Addressed in this Report

What is the 10-year outlook for the global Lifting Accessory market?

What factors are driving Lifting Accessory market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Lifting Accessory market opportunities vary by end market size?

How does Lifting Accessory break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.