The UK market for Parts of Lifting and Handling Equipment has generally experienced growth from 2013 to 2023, reaching 762.91 million euros in 2023. After a significant decline in 2020, there was a notable rebound in 2021. Year-on-year growth over the previous two years was modest, with increases of 1.79% in 2022 and 1.72% in 2023. Over the past five years, the compound annual growth rate (CAGR) was 2.67%.
Future trends to watch for:
- Sustainability and environmental considerations may influence demand.
- Technological advancements in lifting equipment.
- Potential impacts of economic shifts and policy changes post-Brexit.
How does the United Kingdom rank in Parts of Lifting and Handling Equipment Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,060,000,000 | 2023 | +3.44% | -0.48% | View data |
| 2 | 2 France | 2,057,900,000 | 2023 | +3.37% | +3.46% | View data |
| 3 | 3 Finland | 946,730,000 | 2023 | +3.54% | +2.47% | View data |
| 4 | 4 United Kingdom | 762,910,000 | 2023 | +1.72% | +2.67% | |
| 5 | 5 Austria | 533,570,000 | 2023 | +4.77% | +2.93% | View data |
| 6 | 6 Greece | 170,960,000 | 2023 | +1.81% | +2.62% | View data |
