The turnover for lifting and handling equipment in Finland stood at 4.57 billion Euros in 2023. From 2024 to 2028, the market is expected to grow steadily, with forecasted values reaching 4.67 billion Euros in 2024, 4.77 billion Euros in 2025, 4.86 billion Euros in 2026, 4.96 billion Euros in 2027, and 5.06 billion Euros in 2028.
Year-on-year variations indicate consistent growth:
- 2023-2024: +2.2%
- 2024-2025: +2.1%
- 2025-2026: +1.9%
- 2026-2027: +2.1%
- 2027-2028: +2.0%
The Compound Annual Growth Rate (CAGR) over the last five years is approximately 2.1%, indicating a stable and steady market expansion.
Future trends to watch for include technological advancements in automation and robotics, which could drive more sophisticated equipment demand. Additionally, sustainability initiatives may push manufacturers to develop greener, more energy-efficient handling solutions.