Why is the Offshore Lifting Slings Market Projected to Reach $1.61 Billion by 2032?

Offshore Lifting Slings Market continues to exhibit steady expansion, with its valuation reaching USD 1.22 billion in 2024. According to comprehensive industry analysis, this specialized lifting equipment sector is projected to grow at a CAGR of 4.7% throughout the forecast period, reaching approximately ​USD 1.61 billion by 2032.

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Offshore Lifting Slings Market | Size, Price, import, export, volume 2025 Forecast to 2032

Global Offshore Lifting Slings market was valued at USD 1223 million in 2024 and is projected to reach USD 1613 million by 2032, at a CAGR of 4.7% during the forecast period.