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Ladder Market: Trends, Opportunities and Competitive Analysis

August 2022 | 159 pages | ID: L865963DB5EAEN
Lucintel

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Ladder Market Trends and Forecast

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.

A total of 10 figures / charts and 79 tables are provided in this 159-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the ladder market report, please download the report brochure.

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

Lucintel 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.

FAQ

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: Lucintel 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, Lucintel provides 10% Customization Without any Additional Cost.

This report answers 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?

For any questions related to ladder market or related to ladder market share, ladder market analysis, ladder market size, and ladder manufacturers, write to Lucintel analysts at [email protected] We will be glad to get back to you soon.
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


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