Lifting Accessories Market By Product Type (Shackles, Slings, Hooks, Lifting Clamps, Eyebolts, Spreader Beams, Swivels); By Material (Alloy Steel, Carbon Steel, Stainless Steel, Synthetic Fibers); By End-User Industry (Construction & Infrastructure, Manufacturing, Logistics & Warehousing, Marine & Offshore, Mining & Heavy Equipment); By Geography, Segment Revenue Estimation, Forecast, 2026–2032

Lifting Accessories Market: Precision Load Handling and Safety-Driven Industrial Lifting Transformation – (Updated On: 17-Aug-2026)

The Global Lifting Accessories Market was valued at USD 6.57 billion in 2025 and is projected to reach USD 9.81 billion by 2032, growing at a CAGR of 5.9% during 2026–2032.

 

Lifting accessories are essential rigging components such as slings, shackles, hooks, and eyebolts that connect cranes or hoists to loads, ensuring safe and controlled lifting operations. The market is experiencing strong growth driven by rapid expansion in global construction, heavy manufacturing, logistics, and increasingly strict workplace safety regulations. Rising industrial activity and the need for safer, more efficient material handling systems are significantly boosting demand across multiple sectors.

 

A major growth driver is the surge in infrastructure and construction projects worldwide. Large-scale developments such as smart cities, bridges, high-rise buildings, and industrial facilities require the movement of heavy and complex prefabricated materials. Additionally, the rapid expansion of renewable energy, particularly wind farms, is increasing the need for precise lifting of massive turbine components and tower structures, further strengthening market demand.

 

What Are the Advanced Fitness and Industrial Lifting Accessories Market Trends?

Recent developments in physical fitness and weightlifting accessories are strongly centered on upgraded grip-assist technologies and the use of heavy-duty, high-durability materials designed to enhance performance and safety. Leading fitness brands such as Mark Bell Sling Shot and Gymreapers have introduced extra-long, reinforced polyester and neoprene-padded lifting straps engineered to handle maximum-load stress while minimizing grip failure during intense training sessions. These innovations are widely adopted in strength training environments where stability and endurance are critical.

Modern fitness accessories now include advanced grip-lock attachments that use anti-slip technology to reduce forearm fatigue during heavy pulling exercises, allowing athletes to maintain better control under load. Heavy-duty cotton and polyester straps, often designed in wider and longer formats, are increasingly used to improve lifting capacity in deadlift and powerlifting routines. Adjustable lever belts with quick-lock mechanisms are also gaining popularity due to their ability to provide fast transitions between sets while maintaining core support and stability.

In the industrial and rigging sector, innovation is focused on corrosion-resistant lifting equipment and smart hardware integration. Manufacturers such as OZ Lifting Products are developing stainless steel davit cranes and marine-grade components to improve durability in harsh environments. At the same time, the adoption of IoT-enabled rigging accessories and RFID-based tracking systems is increasing, helping improve load monitoring, safety compliance, and operational efficiency across modern lifting applications.

 

Which Product Types Are Driving Lifting Accessories Market Growth?

Shackles held the largest share at 20.0%, valued at USD 1.3132 billion in 2025, and are projected to reach USD 1.7654 billion by 2032 at a CAGR of 4.32%. Their widespread use as connection points keeps demand steady across construction and heavy lifting. For example, Kito Crosby and pewag offer shackle ranges for industrial and demanding rigging applications, addressing the need for dependable connections between loads and lifting assemblies.

Slings accounted for 18.0% of the market, worth USD 1.1818 billion in 2025, and are forecast to reach USD 1.9615 billion by 2032 at the fastest product CAGR of 7.51%. Demand is increasing as different load shapes require chain, wire-rope, web and round-sling configurations. Providers such as Lift-All and pewag offer synthetic, steel and textile sling solutions for varied industrial lifting conditions.

Hooks represented 17.0%, or USD 1.1162 billion, in 2025 and are projected to reach USD 1.7654 billion by 2032 at a CAGR of 6.77%. Demand is increasing with greater use of multi-leg sling assemblies, crane attachments and repetitive material handling where quick and secure load connection is required.

Spreader beams held a 13.0% share valued at USD 0.8536 billion in 2025 and are expected to reach USD 1.3731 billion by 2032 at a CAGR of 7.03%. Demand is rising for long, wide and uneven loads that require better weight distribution. For instance, Modulift and pewag provide modular and adjustable beam systems for construction, ports, renewable energy and specialized heavy lifting.

Lifting clamps accounted for 12.0%, or USD 0.7879 billion, in 2025 and are forecast to reach USD 1.2750 billion by 2032 at a CAGR of 7.12%. Increased movement of steel plates, profiles, beams and pipes is expanding their use in fabrication shops, construction sites and industrial plants.

Eyebolts held a 10.0% market share valued at USD 0.6566 billion in 2025 and are projected to reach USD 0.8827 billion by 2032 at a CAGR of 4.32%. Demand remains steady in machinery, fabricated equipment and structural lifting where fixed or removable lifting points are required.

Swivels represented 10.0%, or USD 0.6566 billion, in 2025 and are expected to reach USD 0.7846 billion by 2032 at a CAGR of 2.58%. Growth is comparatively slower, although demand continues where rotating loads or changing lifting directions require controlled movement without twisting the rigging assembly.

 

Which Materials Are Gaining Importance in Lifting Accessories?

Alloy steel dominated with a 46.0% share worth USD 3.0203 billion in 2025 and is projected to reach USD 4.1192 billion by 2032 at a CAGR of 4.53%. Its high strength and durability keep it widely used for chains, shackles, hooks and lifting points exposed to heavy industrial loads.

Carbon steel accounted for 22.0%, or USD 1.4445 billion, in 2025 and is forecast to reach USD 2.0596 billion by 2032 at a CAGR of 5.20%. Demand remains strong in general-purpose lifting where cost, strength and broad availability are more important than resistance to highly corrosive environments.

Synthetic fibers held a 20.0% share valued at USD 1.3132 billion in 2025 and are projected to reach USD 2.2557 billion by 2032 at a CAGR of 8.04%. Their lighter weight and softer load contact are increasing use for finished and sensitive equipment. Firms such as Lift-All and pewag offer web, round and textile sling systems for applications requiring easier handling and reduced surface damage.

Stainless steel represented 12.0%, or USD 0.7879 billion, in 2025 and is the fastest-growing material at an 8.26% CAGR, reaching USD 1.3731 billion by 2032. Growth comes from marine, offshore and corrosive industrial environments. For example, RUD offers duplex-stainless lifting points designed for seawater and other harsh operating conditions, widening the use of corrosion-resistant lifting components.

 

Which End-User Industries Generate the Highest Demand for Lifting Accessories?

Construction & infrastructure led with a 30.0% share worth USD 1.9697 billion in 2025 and is projected to reach USD 2.7461 billion by 2032 at a CAGR of 4.86%. Structural steel erection, bridge work and equipment installation require repeated lifting operations. Companies such as Columbus McKinnon and Modulift provide rigging hardware and below-the-hook systems suited to construction and infrastructure lifting, increasing product use across complex projects.

Manufacturing accounted for 24.0%, or USD 1.5758 billion, in 2025 and is forecast to reach USD 2.3538 billion by 2032 at a CAGR of 5.90%. Demand comes from fabrication, machine installation and plant maintenance. Global crude steel production reached 155.7 million tonnes in June 2026, up 1.7% year over year, indicating continued high levels of steel-processing activity.

Logistics & warehousing represented 20.0%, valued at USD 1.3132 billion in 2025, and is the fastest-growing end-user segment at a CAGR of 7.35%, reaching USD 2.1577 billion by 2032. Warehouse expansion and heavier industrial cargo are increasing specialized lifting needs. For instance, pewag provides compatible sling, hook, spreader-beam and load-monitoring solutions, while Lift-All offers slings and below-the-hook devices for material movement.

Marine & offshore held a 13.0% share worth USD 0.8536 billion in 2025 and is projected to reach USD 1.2750 billion by 2032 at a CAGR of 5.90%. Demand is increasing as offshore oil & gas, shipbuilding and subsea construction projects expand, with companies such as RUD supplying stainless-steel lifting points for corrosive marine environments, Modulift providing subsea and heavy-lift spreader beam systems for offshore installations, and Columbus McKinnon (Crosby) offering shackles, hooks and rigging hardware widely used in vessel lifting and platform maintenance operations.

Mining & heavy equipment also accounted for 13.0%, or USD 0.8536 billion, in 2025 and is expected to reach USD 1.2750 billion by 2032 at a CAGR of 5.90%. Demand rises with maintenance and movement of large machinery, excavator components and processing equipment where high-load rigging is regularly required.

 

How Are Regulations and Standards Increasing Demand for Safer Lifting Accessories?

Safety requirements directly influence product inspection, replacement and documentation across the lifting accessories market. In the U.S., OSHA 29 CFR 1910.184 establishes requirements for slings used in material handling and identifies conditions that require damaged equipment to be removed from service. ASME B30.9 covers sling fabrication, use, inspection, testing and maintenance, while ASME B30.26 covers detachable rigging hardware including shackles, swivels, eyebolts and hoist rings.

International requirements also create regular inspection cycles. Under the UK's LOLER, lifting accessories generally require thorough examination every six months unless another examination scheme applies. In Europe, Regulation (EU) 2023/1230 becomes applicable on January 20, 2027, replacing the existing Machinery Directive framework. These requirements increase demand for clearly marked, traceable and correctly rated lifting accessories while encouraging timely replacement of worn or damaged components.

 

Which Region Leads the Global Lifting Accessories Market?

Asia-Pacific led with a 35.0% market share valued at USD 2.2980 billion in 2025 and is projected to reach USD 3.6288 billion by 2032 at the fastest regional CAGR of 6.74%. Large construction, shipbuilding, steel and manufacturing industries create substantial lifting activity. China and India remain major steel-producing economies, increasing the movement of heavy materials and equipment. For example, pewag and RUD maintain international product networks covering lifting chains, lifting points and other rigging systems, improving access to specialized equipment across industrial markets in the region.

North America held the second-largest share at 27.0%, worth USD 1.7728 billion in 2025, and is forecast to reach USD 2.5500 billion by 2032 at a CAGR of 5.33%. Construction, manufacturing, energy and maintenance create recurring lifting requirements. Key players such as Columbus McKinnon provide rigging and lifting equipment for construction and industrial applications, while Lift-All manufactures synthetic and steel slings, clamps and specialized lifting devices for the North American market.

Europe represented 24.0% of the market, valued at USD 1.5758 billion in 2025, and is projected to reach USD 2.2557 billion by 2032 at a CAGR of 5.26%. Demand in the region is increasing due to strong industrial maintenance activity, offshore operations, and strict safety inspection requirements, with companies such as RUD supplying certified lifting points and chain systems for manufacturing and marine applications, Columbus McKinnon providing rigging hardware and below-the-hook lifting solutions for construction and industrial use, and pewag offering high-strength chains, slings, and lifting components widely used in European infrastructure and engineering projects.

Middle East & Africa accounted for 8.0%, or USD 0.5253 billion, in 2025 and is forecast to reach USD 0.7846 billion by 2032 at a CAGR of 5.90%. Oil and gas projects, ports, mining, infrastructure construction and heavy equipment handling continue to expand the need for durable lifting accessories.

Latin America held a 6.0% share valued at USD 0.3939 billion in 2025 and is expected to reach USD 0.5885 billion by 2032 at a CAGR of 5.90%. Mining, ports, construction and industrial processing remain the main sources of demand, particularly for shackles, slings, hooks and heavy-duty lifting connections, with companies such as Kito Crosby (Crosby), pewag, RUD and Lift-All expanding distribution networks and product availability across Brazil, Mexico, Chile and Peru, thereby supporting increased adoption of certified lifting accessories in large-scale mining operations, port logistics and infrastructure development projects.

 

Who Are the Major Companies Competing in the Lifting Accessories Market?

Competition is centered on broad product ranges, higher-strength materials, specialized load handling, corrosion resistance and easier inspection. Companies are increasingly combining traditional rigging hardware with application-specific lifting systems and digital selection tools.

Columbus McKinnon / Kito Crosby: The combined portfolio includes Crosby, Gunnebo Industries and other lifting brands covering shackles, hooks, chains, lifting points, clamps, blocks, slings and securement equipment. The Kito Crosby acquisition expanded Columbus McKinnon's position across lifting and rigging hardware.

pewag: The company's lifting portfolio covers Grade 10 and Grade 12 chains, shackles, textile slings, lifting clamps, lifting beams, lifting points, automatic crane hooks and load-monitoring products. Its integrated lifting range targets mobile cranes, construction, transport and industrial handling.

RUD: RUD focuses on lifting points and chain-based lifting systems, including boltable, weldable, rotatable and stainless-steel products. Its portfolio also includes digital configuration and identification technologies designed to simplify product selection and inspection management.

Lift-All: Lift-All offers web slings, roundslings, wire-rope slings, chain slings, mesh slings, plate clamps, hoist rings and custom below-the-hook lifting devices. Its broad sling range gives the company strong exposure to manufacturing, construction and general industrial lifting.

Modulift: Modulift specializes in spreader beams, lifting beams, spreader frames, subsea beams and load-monitoring lifting systems. Its modular designs address heavy, long and irregular loads across construction, ports, renewable energy and specialized transport.

 

Report Coverage Table

Report Attribute	Details
Forecast Period	2026 – 2032
Market Size Value in 2025	USD 6.57 Billion
Revenue Forecast in 2032	USD 9.81 Billion
Overall Growth Rate	CAGR of 5.9% (2026 – 2032)
Base Year for Estimation	2025
Historical Data	2019 – 2024
Unit	USD Million, CAGR (2026 – 2032)
Segmentation	By Product Type, By Material, By End-User Industry, By Geography
By Product Type	Shackles, Slings, Hooks, Lifting Clamps, Eyebolts, Spreader Beams, Swivels
By Material	Alloy Steel, Carbon Steel, Stainless Steel, Synthetic Fibers
By End-User Industry	Construction & Infrastructure, Manufacturing, Logistics & Warehousing, Marine & Offshore, Mining & Heavy Equipment
By Region	North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
Country Scope	U.S., Canada, UK, Germany, France, Italy, Spain, China, Japan, South Korea, India, Australia, Brazil, Mexico, Saudi Arabia, UAE, South Africa
Market Drivers	Expansion of construction and infrastructure projects, increasing workplace safety regulations, rising demand for efficient industrial material handling solutions
Customization Option	Available upon request