Lifting Hooks Market

Lifting Hooks Market Outlook (2025 to 2035)

The global lifting hooks market is projected to increase from USD 175.4 million in 2025 to USD 275.0 million by 2035, with a CAGR of 4.5% during the forecast period. Growth is driven by increased infrastructure spending, rising industrialization, stricter safety regulations for lifting operations, and the growing demand for automated lifting solutions. Their use in construction, logistics, shipbuilding, and heavy machinery makes them ideal for various material handling and lifting systems.

Quick Facts about Lifting Hooks Market

• Industry Value (2025): USD 175.4 Million
• Projected Value (2035): USD 272.4 Million
• Forecast CAGR (2025 to 2035): 4.5%
• Leading Segment (2025): Alloy Steel (36% Market Share)
• Country Growth Rate (2025 to 2035): China (6.3% CAGR)
• Top Key Players: Crosby Group, Gunnebo Industries AB, Columbus McKinnon Corporation, and Van Beest B.V.

What are the Drivers of the Lifting Hooks Market?

The growth of the lifting hooks market is primarily driven by global infrastructure development and industrial expansion, coupled with stricter safety regulations and the increasing adoption of automation and logistics expansion. Lifting hooks are widely used in construction equipment like cranes and hoists to safely move loads. The rise in demand for homes and businesses, along with smart city projects in developing countries, is driving up the need for equipment.

The rise of e-commerce is driving significant changes in the logistics and transportation industries. The rapid expansion of online shopping necessitates larger warehouses and sophisticated distribution networks capable of swiftly moving materials. These developments are directly increasing the demand for lifting hooks.

Another crucial factor driving the lifting hooks market is the increasingly stringent safety regulations worldwide.OSHA, ISO, and EN are some of the organizations that set strict rules for lifting operations, which require certified and fail-safe lifting parts. Manufacturers are making better hooks with safety latches, overload indicators, and strong materials to improve both functionality and compliance. The rise of automation makes it even more important to have reliable lifting hooks built into automated cranes and hoists.

What are the market trends for lifting hooks in different regions?

Asia Pacific is still the most important region, with China, India, and Southeast Asian countries leading the way in demand. This dominance is due to rapid urbanization, a growing construction industry, and huge investments in infrastructure projects like bridges, railways, and energy facilities. As China and India continue to industrialize, they also need advanced lifting solutions for logistics hubs and manufacturing plants.

North America is still growing steadily, as the U.S. and Canada are working to modernize construction and logistics. Investments across the oil and gas, energy, and marine sectors are driving increased demand for lifting hooks. This heightened demand is reinforced by the adherence to rigorous safety regulations, including those from ANSI and OSHA.

The lifting hooks market in Europe is helped by strict safety rules and a well-established industrial base. Germany, the U.K., and France are still important markets because they have strong construction equipment and manufacturing industries. Offshore wind farms and other green energy projects also need reliable ways to lift things.

The Middle East & Africa regions are exhibiting strong growth potential in the lifting hooks market, particularly within the oil and gas, construction, and port infrastructure sectors. In Latin America, Brazil and Mexico are driving demand through a focus on industrial growth, mirroring trends seen in the USA.

What are the Challenges and Restraining Factors of the Lifting Hooks Market?

High-quality lifting hooks have to pass strict tests and get certified, which makes them more expensive than regular ones. This can make people less likely to adopt it in markets where price is important. Also, fake goods, especially in developing countries, make things less safe and make people less likely to trust certified parts.

One major challenge hindering market growth is the lack of end-user knowledge and training regarding proper lifting hook usage. Incorrect application significantly increases the risk of accidents, leading to potential injuries, fatalities, project delays, and legal liabilities. Therefore, promoting standardized, comprehensive training programs is essential to ensure safe operations and foster market expansion.

Delays in the supply chain for critical materials like high-grade alloy steel disrupt production timelines. Geopolitical uncertainty, trade restrictions, and volatile raw material prices exacerbate these challenges.

Also, manufacturers need to continually develop new ideas because automated and integrated lifting solutions are always getting better. Companies that can't spend money on research and development risk losing their place in the market as industry needs change.

Country-wise Outlook

U.S.: Demand Grows as Infrastructure Gets Upgraded

The U.S. is still an important market because it has a wide range of industries and strong rules. The infrastructure bill from the Biden administration focuses on transportation, utilities, and energy, which are all important users of lifting equipment. The growth of logistics hubs and construction work both create a steady need for advanced lifting hooks.

U.S. manufacturers focus on using high-performance materials and following ANSI and OSHA rules. New ideas include designs that are easy on the body, coatings that don't wear out, and mechanisms that keep things from slipping. Smart lifting systems are becoming more common in North America, which is part of a larger trend toward automation.

There are also more investments in renewable energy in the country, especially in offshore wind farms that need special lifting hooks. The U.S. market has the potential for long-term growth because domestic production makes sure that the supply chain is safe.

China: Building and Industrialization Fuel Growth

China is the leader in the Asia Pacific market because of big infrastructure projects like the Belt and Road Initiative. A lot of lifting hooks are needed because of urbanization, industrial parks, and megaprojects in transportation and utilities. China's shipbuilding and heavy industries make it even easier to use certified and specialized lifting hooks.

Local companies are the most important players in the market, but they have to compete with global brands that offer better safety features. Foreign companies can get a foothold through partnerships and joint ventures. As rules get stricter, people prefer products that have been certified as high quality over cheaper, lower-quality ones.

China's logistics and e-commerce boom needs warehouses that run smoothly, which leads to more automation and higher hooks that work with automated cranes. Government support for modernizing industry shows that the market will keep growing.

Germany: Advanced Manufacturing Keeps the Market Going

Germany is the center of Europe's lifting hooks market because it has strong manufacturing, automotive, and logistics industries. Following strict EU safety rules increases the need for certified, high-quality lifting parts. German businesses value hooks that are strong, well-made, and able to handle complicated lifting jobs.

Key manufacturers are always coming up with new ideas in materials science, like alloys that don't rust and products that have been tested for fatigue. Germany's Industry 4.0 goals are in line with connecting to IoT-based monitoring systems.

Offshore wind farms and other energy infrastructure projects need special lifting hooks. Germany's strong machinery sector, which is driven by exports, keeps demand strong at home and makes the country a supplier to EU markets nearby.

Category-wise Analysis

Alloy Steel to Exhibit Leading by Material Type

Alloy steel dominates the lifting hooks market as it is still the best material for lifting hooks because it is strong, long-lasting, and resistant to deformation. These features make sure that heavy-duty applications are safe and last a long time. Alloy steel hooks are made for industries that need strong performance in tough conditions, like construction, shipping, and mining.

Recent improvements include heat-treated versions that are better at resisting fatigue. Top manufacturers focus on proprietary alloy compositions to find the right balance between reducing weight and improving performance. New technologies are also being developed for anti-corrosion coatings that offer long-lasting protection in the marine and offshore industries. As businesses put safety first, the need for certified alloy steel hooks continues to grow.

The material's dominance is strengthened by growth in heavy equipment sectors around the world. Even though it costs more than regular steel, the long-term benefits of fewer replacements and better reliability make it worth the money.

Eye to Exhibit Leading by Hook Type

Eye hooks hold the largest market share due to their widespread use across construction and industrial applications. Their versatility allows for easy attachment to slings and chains, facilitating various lifting operations. Eye hooks are the most popular type of hook because they can be used for rigging, slinging, and general lifting. These hooks have secure attachment points and work with a wide range of rigging setups. Eye hooks are popular in many industries because they are simple and can be used in many different situations.

The clevis hook segment is expected to witness significant growth, driven by increasing use in heavy lifting applications across sectors like oil & gas, power generation, mining, and manufacturing. Technological advancements in clevis hook design and materials are also contributing to their rising popularity, enabling more efficient material handling.

Construction to Exhibit Leading by End-Use

The construction industry accounts for the largest share of the lifting hooks market, driven by global infrastructure development and urbanization. Lifting hooks are indispensable for tasks such as hoisting heavy materials, positioning components, and securing loads on construction sites. The increasing focus on worker safety and the necessity for certified equipment in this sector further solidifies its market dominance..

The logistics and transportation sector is projected to be the fastest-growing end-use segment. This growth is primarily fueled by the booming e-commerce industry, which necessitates vast warehouses and efficient material handling systems. Lifting hooks are crucial for loading, unloading, and moving goods within these expanding logistics networks.

Competitive Analysis

The lifting hooks market is becoming increasingly competitive, with both global and regional players. Established businesses leverage decades of experience, advanced manufacturing capabilities, and extensive distribution networks as key advantages. Companies are also investing in strategic partnerships, mergers, and acquisitions to expand their market presence and product portfolios, particularly in emerging markets like Asia-Pacific and Latin America.

Top companies are adding hooks to their product lines that include safety features like overload indicators and fail-safe mechanisms. Digital tools for tracking wear and load history are becoming more popular because they make predictive maintenance easier. Investing in materials science makes products that are more resistant to corrosion and are lighter.

Strategic partnerships with crane makers and participation in global trade shows help the brand become more well-known. Companies also buy and merge with other companies to strengthen their positions in the market or enter new areas.

Key players in the lifting hooks industry include Crosby Group, Gunnebo Industries AB, Columbus McKinnon Corporation, Van Beest B.V., Peerless Industrial Group, Rud Ketten Rieger & Dietz GmbH & Co. KG, YOKE Industrial Corp., Campbell (Apex Tool Group), KITO Corporation, and Elephant Lifting Products.

Recent Developments (2024-2025)

• In April 2025, KITO Corporation announced a partnership with a European crane manufacturer to integrate its latest range of precision-engineered lifting hooks into automated lifting systems. This collaboration focuses on integrating KITO's precision-engineered lifting hooks into advanced automated lifting systems, aiming to enhance the safety and efficiency of material handling across various industries.
• In January 2025, Columbus McKinnon Corporation announced its agreement to acquire Kito Crosby, a fellow material handling equipment maker, for an estimated $2.7 billion. This acquisition, which involves the merger of two significant players in the material handling industry, is set to create a global leader in the field..

Segmentation of Lifting Hooks Market

• By Material Type :

  • Alloy Steel
  • Carbon Steel
  • Stainless Steel
  • Others

• By Hook Type :

  • Eye Hooks
  • Clevis Hooks
  • Swivel Hooks
  • Foundry Hooks
  • Others

• By End-Use :

  • Construction
  • Logistics & Warehousing
  • Oil & Gas
  • Marine & Shipbuilding
  • Mining
  • Manufacturing
  • Others

• By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa