Lifting Hooks - Global Strategic Business Report

The global market for Lifting Hooks was estimated at US$183.5 Million in 2024 and is projected to reach US$216.3 Million by 2030, growing at a CAGR of 2.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Lifting Hooks market.

Global Lifting Hooks Market - Key Trends & Drivers Summarized

Why Is the Lifting Hooks Market Experiencing Steady Growth?

Lifting hooks are essential components in material handling, construction, shipping, and industrial lifting operations. These heavy-duty hooks are designed to support and secure loads during lifting, ensuring safety and efficiency in cranes, hoists, and rigging systems. The expansion of the construction and infrastructure sectors, combined with increasing investments in industrial automation and logistics, has driven the demand for high-strength and reliable lifting hooks. The adoption of advanced manufacturing techniques, including forged steel and alloy-based lifting hooks, has improved load-bearing capacity and durability. Additionally, workplace safety regulations have mandated the use of certified lifting equipment, prompting businesses to invest in high-quality lifting hooks to minimize workplace accidents. The growth of maritime and offshore industries has also contributed to market expansion, with specialized hooks required for shipyard operations, offshore drilling, and heavy cargo lifting. The increasing automation of material handling processes, along with advancements in smart lifting technologies, has further enhanced the demand for lifting hooks that integrate with digital load monitoring systems.

What Are the Emerging Trends in the Lifting Hooks Industry?

Several transformative trends are shaping the lifting hooks market, making operations safer and more efficient. One of the most significant trends is the integration of IoT-enabled load monitoring, allowing real-time tracking of weight, stress, and potential overload conditions. This technology enhances workplace safety and optimizes lifting efficiency. Another key trend is the shift toward lightweight but high-strength materials, including alloy steel and titanium, which improve load performance while reducing wear and tear. The demand for automated and remote-controlled lifting hooks has also increased, reducing the need for manual intervention and enhancing operator safety. The expansion of robotic-assisted lifting in manufacturing and logistics has further fueled the need for precision-engineered lifting hooks that integrate seamlessly with automated systems. Additionally, companies are investing in corrosion-resistant and heat-treated lifting hooks to improve longevity, particularly in harsh industrial and marine environments. The rise of modular lifting solutions, where hooks can be quickly interchanged based on load requirements, is another emerging trend enhancing operational flexibility.

What Challenges Are Hindering the Growth of the Lifting Hooks Market?

Despite the increasing demand, the lifting hooks market faces several challenges that impact widespread adoption and scalability. One of the primary concerns is safety compliance, as substandard or counterfeit lifting hooks pose significant risks in industrial operations. Ensuring adherence to international safety standards and certifications remains a challenge for manufacturers and buyers. Another challenge is the cost of high-performance lifting hooks, particularly those made from specialized alloys or equipped with smart load sensors. Smaller businesses and emerging markets may find these advanced lifting solutions cost-prohibitive. Additionally, supply chain disruptions affecting raw materials such as steel and alloy components have led to price volatility and longer lead times for manufacturers. The maintenance and inspection requirements for lifting hooks also pose challenges, as frequent wear and tear necessitates regular inspections, replacements, and recalibration for optimal performance. The complexity of integrating smart lifting hooks with legacy lifting equipment further slows down adoption in traditional industries. Addressing these challenges will require increased investment in safety innovations, standardization, and cost-efficient manufacturing techniques.

What Is Driving the Growth of the Lifting Hooks Market?

The growth in the lifting hooks market is driven by increasing industrialization, automation in material handling, and stringent workplace safety regulations. The expansion of infrastructure projects, particularly in emerging economies, has led to a rise in construction-related lifting activities, fueling demand for high-capacity lifting hooks. The growing emphasis on worker safety has encouraged industries to invest in certified and load-tested lifting solutions, reducing workplace incidents. Additionally, technological advancements in load monitoring and remote-controlled lifting have increased efficiency and reliability in lifting operations. The increasing adoption of robotics and AI-driven lifting solutions has also contributed to market expansion, as businesses seek precision and safety in industrial lifting. The rise of e-commerce and automated warehouses has further boosted demand for lifting hooks in logistics and supply chain applications. With continued innovation in materials, smart technology integration, and safety enhancements, the lifting hooks market is expected to see sustained growth in the coming years.

Report Scope

The report analyzes the Lifting Hooks market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments: Type (Eye Hooks Type, Clevis Hooks Type, Swivel Hooks Type, Grab Hooks Type, Foundry Hooks Type); Capacity (Below 5 Ton Capacity, 5 Ton - 15 Ton Capacity, 15 Ton - 25 Ton Capacity, Above 25 Ton Capacity); End-Use (Construction End-Use, Automotive End-Use, Logistics & Transportation End-Use, Industrial End-Use, Other End-Uses)

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Eye Hooks Type segment, which is expected to reach US$83.4 Million by 2030 with a CAGR of a 2.8%. The Clevis Hooks Type segment is also set to grow at 3.2% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $50.0 Million in 2024, and China, forecasted to grow at an impressive 5.3% CAGR to reach $42.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Lifting Hooks Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Lifting Hooks Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Lifting Hooks Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as All Material Handling Inc., Allsafe Group, CERTEX USA, Columbus McKinnon Corporation, Gunnebo Industries and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 48 Featured):

• All Material Handling Inc.
• Allsafe Group
• CERTEX USA
• Columbus McKinnon Corporation
• Gunnebo Industries
• Jergens, Inc.
• KITO Corporation
• Lift-It Manufacturing
• LiftQuip Australia
• Nobles
• Peerless Industrial Group
• Petersen Stainless Rigging Ltd.
• RUD Group
• TFG USA
• The Crosby Group
• Tri-State Rigging Equipment
• Van Beest B.V.
• William Hackett Lifting Products
• WiscoLift, Inc.
• YOKE Industrial Corp.

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What’s Included in This Edition:

• Tariff-adjusted market forecasts by region and segment
• Analysis of cost and supply chain implications by sourcing and trade exposure
• Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

• Finalized tariff impacts and new trade agreement effects
• Updated projections reflecting global sourcing and cost shifts
• Expanded country-specific coverage across the industry