The turnover for the lifting and handling equipment sector in France was valued at 9.80 billion Euros in 2023. For 2024, the forecasted turnover is 10.06 billion Euros, illustrating a year-on-year increase of approximately 2.7%. This upward trend is expected to continue in subsequent years, with turnovers predicted at 10.32 billion Euros in 2025, 10.58 billion Euros in 2026, 10.83 billion Euros in 2027, and reaching 11.08 billion Euros by 2028. The compound annual growth rate (CAGR) over this five-year period is approximately 2.96%.
Future trends to watch for include technological advancements in automation and smart lifting solutions, increasing demand for lifting equipment in the logistics and warehousing sectors, and potential regulatory changes impacting equipment standards and safety. Monitoring these factors will be crucial for anticipating further market shifts and opportunities.
