The lifting and handling equipment production value in Finland is forecasted to remain stable from 2024 to 2026 at 2.87 billion Euros, followed by a slight decline to 2.86 billion Euros in both 2027 and 2028. The production value stood at 3.0 billion Euros in 2023, witnessing a decrease to 2.87 billion Euros in 2024, accounting for a year-on-year variation of -4.33%. The compound annual growth rate (CAGR) over the five-year forecast period is -0.96%.
Future trends to watch for:
• Technological advancements in automation and material handling solutions could potentially drive efficiency and cost reductions.• Global supply chain disruptions and geopolitical factors might impact production values.• Investment in sustainable and energy-efficient equipment could become a significant market driver.• Variability in raw material prices and availability may affect production costs and overall market stability.• Emerging markets and demand fluctuation in the construction and logistics sectors may influence future trends.