Canada Fall Protection Market Size & Outlook, 2023-2030
Canada fall protection market, 2018-2030 (US$M)
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Canada fall protection market highlights
- The Canada fall protection market generated a revenue of USD 114.5 million in 2023 and is expected to reach USD 170.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, individual protection was the largest revenue generating type in 2023.
- Collective Protection is the most lucrative type segment registering the fastest growth during the forecast period.
Fall protection market data book summary
| Market revenue in 2023 | USD 114.5 million |
| Market revenue in 2030 | USD 170.3 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Individual protection |
| Fastest growing segment | Collective Protection |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Individual Protection, Collective Protection, Access Equipment |
| Key market players worldwide | Werner Enterprises Inc, MSA Safety Inc, Honeywell International Inc, 3M Co, Giss, FallTech, Petzl, Skylotec, Guardian Fall, Gravitec Systems, Kee Safety, French Creek Production, SafeWaze, Tritech Fall Protection Systems |
Other key industry trends
- In terms of revenue, Canada accounted for 4.0% of the global fall protection market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. fall protection market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 94.8 million by 2030.
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Fall Protection Market Scope
Fall Protection Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada fall protection market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fall protection market will help companies and investors design strategic landscapes.
Individual protection was the largest segment with a revenue share of 57.99% in 2023. Horizon Databook has segmented the Canada fall protection market based on individual protection, collective protection, access equipment covering the revenue growth of each sub-segment from 2018 to 2030.
In manufacturing facilities, fall protection systems installed are designed to ensure a safe, confident, and efficient workspace. These systems protect workers and prevent their equipment and tools from falling as tools dropped from heights can lead to accidents of workers operating underneath.
In automobile production facilities, various fall arrest systems and self-retracting lifelines (SRL) are used to reduce the risk of injuries due to elevated work environments. Automobile production facilities often require timely maintenance activities, which involve working on wet, slippery, and greasy floors.
Undertaking maintenance work on these floors results in increased chances of accidents. In such circumstances, fall protection systems are used to protect workers from falls and accidents. According to a report published by the International Trade Administration (ITA) in November 2023, Canada was the second-largest automotive market in North America.
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Our clientele includes a mix of fall protection market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada fall protection market , including forecasts for subscribers. This country databook contains high-level insights into Canada fall protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada fall protection market size, by type, 2018-2030 (US$M)
Canada Fall Protection Market Outlook Share, 2023 & 2030 (US$M)
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