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I AgreeAnalysis of Grabber Pole Market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Fact.MR has published research insights on grabber pole market which is expected to witness growth trajectory during the forecasted period of ten years. Grabber Pole demand will see a rapid retrieval in the short-term, with optimistic growth prospect in the long term.
Grabber Pole demand is projected to have large consumer acquisition due to its wide use in various end-use industries, such as industrial Manufacturing, over the assessment period. As a result of this, Grabber Pole sales shall increase with a CAGR of more than 8.1% throughout the projected year and generate millions-dollar absolute opportunity.
A little more reach may make a big difference. With the use of a grabber tool, people with limited mobility may pick up fallen materials such as hot iron, aluminum etc., or reach the far end of a cabinet shelf without assistance.
They are useful for cleaning up garbage since they eliminate the need to bend over to pick up items from the ground. Grabbers meant to assist people with mobility difficulties are usually lighter and shorter than grabbers used for other reasons, making them simpler to wield.
The growing accidents at the workplace and the employee safety and security regulations are driving the demand for grabber poles. As it helps employees to pick any dangerous or sensitive material which can cause harm to the human body.
Furthermore, Grabber poles are also widely used to reach items on a shelf without the use of a ladder or step stool. They're even useful for dusting ceiling fans and cleaning the trim above windows. The length of the grabber is critical for these objectives in order to maximize functionality.
Many include convenient features like folding shafts and clips that let the user carry them or attach them to a wheelchair so that they are always accessible. Other useful features include LED lights that improve sight and shoehorns that make it easier to put on shoes. Above mentioned features are projected to drive the demand in the coming year and create huge opportunities for manufacturers.
However, during the pandemic, the overall manufacturing industry was shut due to which sales for Grabber Pole declined drastically. As the waves of COVID-19 is moving towards the end, the Grabber pole sales are set to commence V-shaped recovery as the manufacturing industries has been started the processes. This hasty growth is estimated to continue throughout 2021 & 2031.
The study on “Grabber Pole Market” provides a comprehensive study of six key regions: North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East and Africa. North America holds the largest market share with in the grabber pole market. The demand is increasing from Asia Pacific region as investment in rising.
North America is acquiring more than one fourth market share and is rapidly surging with a nearly 8.1% CAGR. U.S grabber pole manufacturing industry is holding more than 86% of market shares in the region. It is projected to acquire substantial BPS in the estimated period. However, the Canada market is growing with more than 7.3% CAGR.
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Moreover, the Asia Pacific region entails a large manufacturer and supplier base. Grabber pole producers are having robust competition due to which they are dedicated to minimize the manufacturing cost by improving efficiency. Fast developing countries like India, China are offering quality products to the customers.
Additionally, the European grabber pole total production is assessed to witness notable year on year growth where countries like Germany, France, Italy and the United Kingdom, demonstrate exceptional growth and gain significant market share.
The global Grabber Pole market is highly fragmented where various big and small sized players are having robust quality products and selling nearly at the same price through various platforms. The prominent market players includes
which are holding major shares of global market of grabber pole.
Industry players are adopting organic as well as inorganic strategies to gain customer preference and market share. The key objective of the players is an expansion of distribution network in a new market, development of best in class product, merger and acquisition with new as well as existing players.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may time to reflect in the analysis.
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With a CAGR of 8.1%, the grabber pole market is expected to reach approximately US$ 600 Million during the forecast period.
The growing number of accidents at the workplace and employee safety and security regulations are driving the demand for grabber poles.
North America holds the largest market share for grabber pole market by acquiring 1/4th market share.