The number of lifting and handling equipment enterprises in Italy is forecasted to consistently decline from 861 in 2024 to 653 by 2028, reflecting a downward trend. This represents a decrease of approximately 53 enterprises each year over this period. Year-on-year, there is an average decline of about 6% by 2025 and continues similarly through to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is expected to be negative, indicating a persistent reduction in the number of enterprises.
Future trends to watch for include potential market consolidations and technological advancements that could further impact the sector's enterprise count. Additionally, shifts in economic conditions or regulatory changes in Italy and the broader European market could alter these projections. Monitoring these factors will be crucial for understanding market dynamics and potential opportunities or threats.
