| Product Code: ETC6756747 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
China wire rope sling import market in 2024 saw a diverse range of suppliers, with South Korea, Germany, Japan, Thailand, and Malaysia emerging as the top exporting countries. Despite the low concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a slight decline with a Compound Annual Growth Rate (CAGR) of -0.07% from 2020 to 2024. Notably, the growth rate in 2024 dropped by -9.09% compared to the previous year, suggesting a challenging environment for importers in this sector.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Wire Rope Sling Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Wire Rope Sling Market Revenues & Volume, 2021 & 2031F |
3.3 China Wire Rope Sling Market - Industry Life Cycle |
3.4 China Wire Rope Sling Market - Porter's Five Forces |
3.5 China Wire Rope Sling Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 China Wire Rope Sling Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 China Wire Rope Sling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities and infrastructure development projects in China |
4.2.2 Growing demand for material handling equipment in various industries |
4.2.3 Rising focus on safety regulations and standards in the workplace |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from alternative lifting equipment |
4.3.3 Economic slowdown affecting investment in new projects |
5 China Wire Rope Sling Market Trends |
6 China Wire Rope Sling Market, By Types |
6.1 China Wire Rope Sling Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 China Wire Rope Sling Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 China Wire Rope Sling Market Revenues & Volume, By Pressed Wire Rope Sling, 2021- 2031F |
6.1.4 China Wire Rope Sling Market Revenues & Volume, By Insert Wire Rope Sling, 2021- 2031F |
6.1.5 China Wire Rope Sling Market Revenues & Volume, By Cast Wire Rope Sling, 2021- 2031F |
6.1.6 China Wire Rope Sling Market Revenues & Volume, By Others, 2021- 2031F |
6.2 China Wire Rope Sling Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 China Wire Rope Sling Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.2.3 China Wire Rope Sling Market Revenues & Volume, By Construction & Industrial Lifting, 2021- 2031F |
6.2.4 China Wire Rope Sling Market Revenues & Volume, By Other, 2021- 2031F |
7 China Wire Rope Sling Market Import-Export Trade Statistics |
7.1 China Wire Rope Sling Market Export to Major Countries |
7.2 China Wire Rope Sling Market Imports from Major Countries |
8 China Wire Rope Sling Market Key Performance Indicators |
8.1 Average utilization rate of wire rope slings in key industries |
8.2 Percentage of compliance with safety standards and regulations |
8.3 Number of new product innovations and technological advancements in wire rope slings |
8.4 Rate of adoption of wire rope slings in emerging industries |
8.5 Customer satisfaction and retention rates for wire rope sling manufacturers |
9 China Wire Rope Sling Market - Opportunity Assessment |
9.1 China Wire Rope Sling Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 China Wire Rope Sling Market Opportunity Assessment, By Application, 2021 & 2031F |
10 China Wire Rope Sling Market - Competitive Landscape |
10.1 China Wire Rope Sling Market Revenue Share, By Companies, 2024 |
10.2 China Wire Rope Sling Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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