The turnover of lifting and handling equipment in Sweden stood at 3.31 billion Euros in 2023. From 2024 to 2028, the turnover is forecasted to steadily increase from 3.34 billion Euros to 3.46 billion Euros. The year-on-year percentage variations are as follows: an increase of 0.9% from 2024 to 2025, a 0.9% rise from 2025 to 2026, a 0.9% growth from 2026 to 2027, and another 0.9% increase from 2027 to 2028. Notably, the compound annual growth rate (CAGR) for the five-year forecast period (2024-2028) is approximately 1.1% per year.
Future trends to watch for include technological advancements in lifting and handling equipment, greater adoption of automation, and increasing infrastructure development projects, which could drive higher demand and potentially lead to faster growth rates in turnover. Additionally, sustainability trends and regulations may push for innovations and high-efficiency equipment, shaping the market landscape further.