According to Cognitive Market Research, The Global Lifting Shackles market size will grow at a compound annual growth rate (CAGR) of 6.00% from 2023 to 2030.
The demand for the lifting shackles market is rising due to the increasing need for construction and infrastructure projects, as well as the rapid growth of industries like oil and gas.
Demand for dee shackles remains higher in the lifting shackles market.
The marine industry category held the highest lifting shackles market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific lifting shackles market will experience the strongest growth until 2030.