The import of non-powered trucks with lifting or handling equipment to the US is forecasted to steadily increase from 2024 to 2028, with values rising from $288.47 million to $328.08 million. From 2023 to 2024, the growth rate is predicted at approximately 3.54%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is expected at around 3.24%. This suggests a consistent upward trend driven by demand for logistics and material handling solutions.
Future trends to watch include technological advancements in material handling equipment, the impact of global supply chain innovations, and potential trade policy changes. Monitoring these factors will be crucial for long-term market insights.
