According to forecasts, the market for cow lifting harnesses will be worth US$ 338 million in 2023 and US$ 520 million by 2033. Demand is anticipated to grow at a CAGR of 4.4% during the anticipated time.
It is anticipated that the establishment of numerous animal welfare organisations, including the World Animal Protection, will increase demand for cow lifting harness. The cow lifting harness industry benefits from these organisations’ emphasis on promoting the use of animal-friendly products and services.
As more animals with disabilities need to be lifted and transported, the demand for cow lifting harness is expected to rise. Safety is the main concern for cattle owners. As a result, manufacturers of cow lifting harnesses focus on making products that are more noticeable.
For better market development, innovative design components, including adjustable straps, padded areas, and reflective trim, are being used. However, cow lifting harness are relatively pricey when compared to alternative lifting techniques. This may be a considerable hurdle to potential clients, particularly those with little financial resources. Technological advancements associated with the industry, such as the use of battery-powered lifting harnesses, are becoming popular and are expected to drive market expansion.
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.
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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.
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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
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