In 2023, the European Lifting and Handling Equipment sector saw mixed trends across countries regarding employment. Germany, the largest market, showed a slight increase in employment by 1.36%, indicating steady growth. Italy and Austria exhibited notable growth in employment, recording increases of 1.64% and 5.61% respectively. France had minimal growth at 0.97%, while Spain saw a slight decrease of 0.66%. The United Kingdom remained relatively stable with a marginal decline of 0.13%.
Conversely, several countries experienced reductions in employment. The Czech Republic faced a significant drop of 8.15%, and Romania also saw a considerable decline of 6.79%. Sweden and Bulgaria experienced smaller declines of 1.53% and 1.83% respectively.
Smaller markets such as Slovenia and Latvia demonstrated robust growth, with employment increasing by 3.47% and 5.41% respectively. Smaller yet positive growth was observed in Greece (3.81%), Slovakia (1.91%), Finland (1.46%), and Netherlands (2.62%). Conversely, other markets like Denmark, Hungary, and Poland saw small declines.
Looking ahead, the sector should pay close attention to technological advancements and automation trends which may influence employment levels. Additionally, the ongoing economic stability and trade policies within the EU will be crucial in shaping future trends in employment across the European Lifting and Handling Equipment industry.
Top countries in Lifting and Handling Equipment Number of Persons Employed by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 96,410 | 2023 | +1.48% | +1.36% | View data |
| 2 | 2 Italy | 34,070 | 2023 | +1.11% | +1.64% | View data |
| 3 | 3 France | 31,130 | 2023 | +6.62% | +0.97% | View data |
| 4 | 4 Spain | 22,730 | 2023 | -2.3% | -0.66% | View data |
| 5 | 5 Austria | 21,190 | 2023 | +5.07% | +5.61% | View data |
| 6 | 6 United Kingdom | 17,540 | 2023 | -0.7% | -0.13% | View data |
| 7 | 7 Netherlands | 13,780 | 2023 | +1.79% | +2.62% | View data |
| 8 | 8 Sweden | 12,050 | 2023 | +2.48% | -1.53% | View data |
| 9 | 9 Poland | 10,580 | 2023 | +0.87% | -0.36% | View data |
| 10 | 10 Czech Republic | 9,770 | 2023 | -9.13% | -8.15% | View data |
