The forecast for Lifting and Handling Equipment hours worked in the Netherlands shows a consistent upward trend from 2024 to 2028. Starting with 22.597 million hours in 2024, the expected values steadily rise to 23.778 million hours by 2028. This indicates a positive growth pattern, reflecting an annual compound growth rate (CAGR) over the five years.
Looking back at actual data from 2023, the industry stood at 22.312 million hours. This means:
• From 2023 to 2024, there is a year-on-year increase of approximately 1.28%.
• The increase from 2024 to 2025 is about 1.32%.
• From 2025 to 2026, the growth is around 1.30%.
• Between 2026 to 2027, it is roughly 1.27%.
• Finally, from 2027 to 2028, there is an increase of almost 1.24%.
It’s important to monitor technological advancements in automation and digitalization, shifting labor market dynamics, and potential regulatory changes affecting the industry, as these could impact future working hours projections.
