Cow Lifting Harness Market to grow at a CAGR of 4.4% to be valued at US$ 520 Million during Forecast 2023 to 2033

The market for cow lifting harness is expected to be worth $338 million in 2023, rising to $520 million by 2033. Over the forecast period, demand is expected to grow at a CAGR of 4.4%.

The launch of numerous animal welfare groups, such the World Animal Protection, is predicted to accelerate the demand for cow lifting harness. The emphasis that these organisations place on encouraging the use of animal-friendly goods and services benefits the cow lifting harness industry.

As more animals with disabilities need to be lifted and transported, the demand for cow lifting harness is expected to rise. Owners of cattle are primarily concerned with safety. As a result, producers of cow lifting harnesses concentrate on creating items that are more visible and safe.

Innovative design elements such as adjustable straps, padded areas, and reflective trim are being used to improve market development. However, cow lifting harness are relatively pricey when compared to alternative lifting techniques. This could be a significant barrier for potential clients, especially those with limited financial resources. Industry-related technological advancements, such as the use of battery-powered lifting harnesses, are becoming popular and are expected to drive market expansion.

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Along with other cutting-edge safety features, breakaway designs and quick-release clips are becoming common. Wireless technology is now used in cow lifting harness, allowing pet owners to keep an eye on their animals while they are away.

Key Takeaways

  • In 2022, the U.S. dominated the cow lifting harness market, with a share of 28.1%.
  • The cow lifting harness business increased at a 3.9% CAGR between 2016 and 2022.
  • The expansion in China is anticipated to register a CAGR of 3.5% by 2033. China’s market is likely to generate a share of US$ 39.2 million by 2033.
  • Japan’s cow lifting harness market share is 3.9% in 2022, with a value of US$ 12.7 million.
  • Australia’s cow lifting harness industry share is 2.1% in 2022, with a value of US$ 6.7 million.
  • The expansion in the U.K. is anticipated to expand at a CAGR of 4.7% by 2033. The market is expected to generate a value of US$ 49.2 million by 2033.
  • Germany’s cow lifting harness market share was 19.9% in 2022, with a value of US$ 64.3 million.
  • The adoption trends of cow lifting harness are predicted to rise due to surging awareness about animal safety. As a result, the market is anticipated to increase positively by 1.04x between 2022 and 2023.

Key Players Recent Analysis

Modern technologies like sensors and tracking systems are being included in cattle lifting harness by key participants in the industry. This provides customers with more detailed information about the animal’s vital signs.

Finally, manufacturers are designing harnesses with customizable characteristics that enable owners to customise the harness to their animal’s unique needs.

  • With an ergonomic design, more mobility, and increased durability, the new MSA Safety Harness from MSA Safety Incorporated combines comfort and safety.
  • The brand-new H-700 Series Ergonomic Harness, which Honeywell International Inc. revealed, is meant to reduce the risk of back injuries by providing a more secure and comfortable fit.

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Key Segments

By Material:

  • Galvanized Iron
  • Nylon
  • Mild Steel

By Type:

  • Portable
  • Non-portable

By Feature:

  • Waterproof
  • Rustproof
  • Other

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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