Technavio has announced its latest market research report titled Global Ladder Market 2020-2024 (Graphic: Business Wire)
Technavio has announced its latest market research report titled Global Ladder Market 2020-2024 (Graphic: Business Wire)
LONDON--(BUSINESS WIRE )--Technavio has been monitoring the ladder market and it is poised to grow by USD 1.2 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio's latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Ladder Market Download free sample report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alaco Ladder Inc., Alco Aluminium Ladders Pvt. Ltd., FeatherLite Inc., Hasegawa Kogyo Co. Ltd., LockNClimb LLC, Louisville Ladder Inc., Lynn Ladder & Scaffolding Co. Inc., P.W. Platforms Inc., TB Davies (Cardiff) Ltd., and WernerCo are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Demand for extension and platform ladders has been instrumental in driving the growth of the market.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/global-ladder-market-industry-analysis
Ladder Market is segmented as below:
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Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our ladder market report covers the following areas:
This study identifies the growth of end-user industries as one of the prime reasons driving the ladder market growth during the next few years.
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Ladder Market 2020-2024: Key Highlights
■ CAGR of the market during the forecast period 2020-2024
■ Detailed information on factors that will assist ladder market growth during the next five years
■ Estimation of the ladder market size and its contribution to the parent market
■ Predictions on upcoming trends and changes in consumer behavior
■ The growth of the ladder market
■ Analysis of the market’s competitive landscape and detailed information on vendors
■ Comprehensive details of factors that will challenge the growth of ladder market vendors
■ Market outlook: Forecast for 2019 - 2024
■ Industrial - Market size and forecast 2019-2024
■ Domestic - Market size and forecast 2019-2024
■ Commercial - Market size and forecast 2019-2024
■ APAC - Market size and forecast 2019-2024
■ Europe - Market size and forecast 2019-2024
■ North America - Market size and forecast 2019-2024
■ South America - Market size and forecast 2019-2024
■ MEA - Market size and forecast 2019-2024
■ Volume driver - Demand led growth
■ Volume driver - Supply led growth
■ Volume driver - External factors
■ Volume driver - Demand shift in adjacent markets
■ Price driver - Shift from lower to higher priced units
■ Alco Aluminium Ladders Pvt. Ltd.
■ Lynn Ladder & Scaffolding Co. Inc.
■ Currency conversion rates for US$
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Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
The Global Ladder Market will grow by USD 1.2 bn during 2020-2024
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/