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Lifting Equipment Accessories in Canada Procurement Price, Data and Insights
Lifting equipment accessories are components used to connect loads to lifting machinery, acting as the vital link between the hoist, crane, or other equipment and the object being moved. These accessories include items such as slings, shackles, hooks, chains, spreader beams, and eyebolts, which help secure, grip, or distribute the load safely during lifting operations. Proper selection and use of lifting accessories are crucial for ensuring both safety and efficiency in construction, industrial, and logistics environments, as they prevent accidents and facilitate handling of various materials and weights. Key buyers of lifting equipment accessories include construction companies, industrial manufacturers, shipping and logistics firms, and maintenance contractors that require reliable tools for safe and efficient material handling.
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What’s included in this market coverage
IBISWorld's research coverage on the Lifting Equipment Accessories procurement and pricing environment in Canada includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Lifting Equipment Accessories market in Canada includes Shackles, Eyeballs, Slings, Hooks, Chains and Spreader Beams. Standard coding in this coverage includes ISIC-2816-Manufacture of lifting and handling equipment, NACE-28.22-Manufacture Of Lifting And Handling Equipment, NAICS-333920-Material handling equipment manufacturing and UNSPSC-24101600-Lifting equipment and accessories.
What common market terminology is included?
Common market terminology included in the Lifting Equipment Accessories procurement coverage includes Shackle (A U-shaped metal connecting device secured by a pin or bolt, used to attach lifting slings, hooks, or ropes to a load or lifting appliance for secure handling.), Spreader Beam (A horizontal bar or beam designed to distribute the weight of a lifted load evenly between multiple sling legs, helping prevent damage and improve stability during lifting operations.) and Sling (A flexible strap, chain, or wire rope used to wrap around or attach to loads, allowing them to be safely lifted and moved by cranes, hoists, or other lifting machinery.).
What companies are included as top suppliers?
The top companies covered in the Lifting Equipment Accessories procurement report as suppliers are Fastenal Company, Gray Manufacturing Company, Morse Manufacturing. Co., Inc., Hunter Engineering Company and Dover Corporation.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Lifting Equipment Accessories market in Canada category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per piece of equipment, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Lifting Equipment Accessories market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Lifting Equipment Accessories procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Lifting Equipment Accessories market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Lifting Equipment Accessories market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Lifting Equipment Accessories?
The 2026 benchmark market price for Lifting Equipment Accessories is $467 per piece of equipment. Prices have increased at a CAGR of 1.55 from 2023-26.
Who are the top vendors in the Lifting Equipment Accessories market?
The top vendors in the Lifting Equipment Accessories market include Fastenal Company, Gray Manufacturing Company, Morse Manufacturing. Co., Inc., Hunter Engineering Company and Dover Corporation.
What factors affect the price of Lifting Equipment Accessories?
Features such as maximum load capacity, operational safety mechanisms, material quality, and compatibility with various lifting devices significantly affect the price of lifting equipment accessories. For example, alloy steel shackles with higher load ratings and integrated safety latches tend to be priced higher than standard models, reflecting their enhanced reliability and suitability for industrial applications.
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