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Global Ladder Market to 2027: Trends, Opportunities and Competitive Analysis

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    Report

  • 159 Pages
  • August 2022
  • Region: Global
  • Lucintel
  • ID: 5691907
The future of the ladder market looks promising with opportunities in domestic, commercial, and industrial end use market. The global ladder market is expected to reach an estimated $1.3 billion by 2027 with a CAGR of 6.2% from 2021 to 2027. The major drivers for growth in this market are increase in residential and commercial construction activities in Asia Pacific and North America region.
Ladder Market by Material, End Use, and Product Type

Emerging Trends in the Ladder Market

Emerging trends, which have a direct impact on the dynamics of the industry, include platform ladders are overtaking rung ladders in construction sites and use of high-visibility tapes on industrial ladders.

Ladder Market by Segments


Ladder Market by Segment

The study includes trends and forecast for the global ladder market by material, end use industry, product type, and region as follows:

By Material [Value ($B) and Volume (M lbs) shipment analysis for 2016-2027]:

Aluminum
Fiberglass
Steel
Wood
Others

By End Use [Value ($B) and Volume (M lbs) shipment analysis for 2016-2027]:

Domestic (Residential)
Commercial
Industrial
Others

By Product Type [Value ($B) and Volume (M lbs) shipment analysis for 2016-2027]:

Step Ladders
Step Stools
Extension Ladder
Folding Ladder
Platform Ladder
Others

By Region [Value ($B) and Volume (M lbs) shipment analysis for 2016-2027]:

North America
Europe
Asia Pacific
Rest of the world

List of Ladder Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ladder companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ladder companies profiled in this report include.

Werner Co.
Louisville Ladder
Little Giant Ladder System (Wing Enterprises Inc.)
Lynn Ladder & Scaffolding Co., Inc.
TB Davies (Cardiff)
Sagar Asia Private Limited
Al Jarsh Metal Section Manufacturing Co. L.L.C
Alco Aluminum Ladders Private Limited
Tri-Arc
Bauer Corporation

Ladder Market Insight


The analyst forecasts that industrial will remain the largest end use segment over the forecast period due to capacity and height of industrial ladders is much better than that of regular ladders used for residential purposes.
Aluminum ladder will remain the largest segment over the forecast period because of low cost, and high durability.
Asia Pacific is expected to remain the largest region over the forecast period due to tremendous economic growth in China and India, growth in construction sector, new regulation towards workers safety.

Features of Ladder Market


Market Size Estimates: Ladder market size estimation in terms of value ($B)
Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
Segmentation Analysis: Market size by material, end use, product type and region
Regional Analysis: Ladder market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different end use, material, product type and regions for the ladder market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape for the ladder market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQS

Q1. What is the ladder market size?
Answer: The global ladder market is expected to reach an estimated $1.3 billion by 2027.
Q2. What is the growth forecast for ladder market?
Answer: The ladder market is expected to grow at a CAGR of 6.2% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the ladder market?
Answer: The major drivers for growth in this market are increase in residential and commercial construction activities in Asia Pacific and North America region.
Q4. What are the major applications or end use industries for ladder?
Answer: Domestic, commercial and industrial use are the major end use industries for ladder.
Q5. What are the emerging trends in ladder market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, platform ladders are overtaking rung ladders in construction sites and use of high-visibility tapes on industrial ladders.
Q6. Who are the key ladder companies?
Answer: Some of the key ladder companies are as follows:

Werner Co.
Louisville Ladder
Little Giant Ladder System (Wing Enterprises Inc.)
Lynn Ladder & Scaffolding Co., Inc.
TB Davies (Cardiff)
Sagar Asia Private Limited
Al Jarsh Metal Section Manufacturing Co. L.L.C
Alco Aluminum Ladders Private Limited
Tri-Arc
Bauer Corporation

Q7. Which ladder material segment will be the largest in future?
Answer: The analyst forecasts that aluminum ladder will remain the largest segment over the forecast period because of low cost, and high durability.
Q8: In ladder market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% customization without any additional cost.

This report answers the following 11 key questions

Q.1 What are some of the most promising potential, high growth opportunities for the global ladder market by material (aluminum, fiberglass, steel, wood, and other), end use industry (domestic, commercial, industrial, and others), product type (step ladders, step stools, extension ladder, folding ladder, platform ladder, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities have taken place in the last 5 years in this market?


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Table of Contents

1. Executive Summary
2. Global Ladder Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2016 to 2027
3.1: Macroeconomic Trends and Forecasts
3.2: Global Ladder Market Trends and Forecast
3.3 Global Ladder Market by End Use
3.3.1: Aluminum Ladders
3.3.2: Fiberglass Ladders
3.3.3: Steel Ladders
3.3.4: Wood Ladders
3.3.5: Other Ladders
3.4: Global Ladder Market by End Use
3.4.1: Domestic (Residential)
3.4.2: Commercial
3.4.3: Industrial
3.4.4: Others
3.5: Global Ladder Market by Product Type
4. Market Trends and Forecast Analysis by Region
4.1: Global Ladder Market by Region
4.2: North American Ladder Market
4.2.1: Market by Material: Aluminum, Fiberglass, Steel, Wood, and Others
4.2.2: Market by End Use: Domestic, Commercial, Industrial, and Others
4.3: European Ladder Market
4.3.1: Market by Material: Aluminum, Fiberglass, Steel, Wood, and Others
4.3.2: Market by End Use: Domestic, Commercial, Industrial, and Others
4.4: APAC Ladder Market
4.4.1: Market by Material: Aluminum, Fiberglass, Steel, Wood, and Others
4.4.2: Market by End Use: Domestic, Commercial, Industrial, and Others
4.5: ROW Ladder Market
4.5.1: Market by Material: Aluminum, Fiberglass, Steel, Wood, and Others
4.5.2: Market by End Use: Domestic, Commercial, Industrial, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Geographical Reach
5.4: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Ladder Market by End Use
6.1.2: Growth Opportunities for the Global Ladder Market by Material
6.1.3: Growth Opportunities for the Global Ladder Market by Region
6.2: Emerging Trends in the Global Ladder Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansions
6.3.3: Mergers and Acquisitions
6.3.4: Certificate and Licensing
7. Company Profiles of Leading Players
7.1: Werner Co.
7.2: Louisville Ladder
7.3: Little Giant Ladder System (Wing Enterprises Inc.)
7.4: Lynn Ladder & Scaffolding Co., Inc.
7.5: TB Davies (Cardiff)
7.6: Sagar Asia Private Limited
7.7: Al Jarsh Metal Section Manufacturing Co. L.L.C
7.8: Alco Aluminum Ladders Private Limited
7.9: Tri-Arc
7.10: Bauer Corporation

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Werner Co.
  • Louisville Ladder
  • Little Giant Ladder System (Wing Enterprises Inc.)
  • Lynn Ladder & Scaffolding Co., Inc.
  • TB Davies (Cardiff)
  • Sagar Asia Private Limited
  • Al Jarsh Metal Section Manufacturing Co. L.L.C
  • Alco Aluminum Ladders Private Limited
  • Tri-Arc
  • Bauer Corporation

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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