In 2023, France led the European production of lifting and handling equipment with significant year-over-year growth of 19.28%, cementing its position as a dominant force. Despite being traditionally strong, Spain showed a slight decline of 0.61%, and Germany saw a more pronounced decrease of 5.3%. Countries like Denmark experienced robust growth (18.17%), and Belgium showed the most substantial increase at 41.6%. However, Norway and smaller markets such as Macedonia and Croatia recorded notable declines, with Norway dropping sharply by 22.28%.
Future trends to watch include increased automation and digitization across supply chains, potentially driving demand for advanced lifting and handling solutions. Furthermore, environmental considerations may foster innovation in sustainable equipment, providing opportunities for growth and reshaping the European production landscape.
Top countries in Sold Production of Lifting and Handling Equipment by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 4,135,900 | 2023 | +12.45% | +19.28% | View data |
| 2 | 2 Spain | 3,910,300 | 2023 | +7.98% | -0.61% | View data |
| 3 | 3 Italy | 1,926,900 | 2023 | +1.79% | -2.28% | View data |
| 4 | 4 Germany | 1,328,700 | 2023 | -1.86% | -5.3% | View data |
| 5 | 5 Denmark | 1,057,300 | 2023 | +5.18% | +18.17% | View data |
| 6 | 6 Hungary | 918,190 | 2023 | -0.15% | +1.74% | View data |
| 7 | 7 United Kingdom | 697,130 | 2023 | +2.52% | +3.29% | View data |
| 8 | 8 Norway | 244,570 | 2023 | +13.29% | -22.28% | View data |
| 9 | 9 Netherlands | 216,440 | 2023 | +5.71% | +11.46% | View data |
| 10 | 10 Sweden | 189,970 | 2023 | +4.29% | +7.89% | View data |
