The Romanian market for lifts, skip hoists, escalators, and moving walkways has shown dynamic changes over the past decade. In 2023, the market value stood at 42.779 million Euros. Between 2013 and 2023, the market experienced fluctuations with a notable peak in 2018, followed by a decline in 2020 and a gradual recovery to 2023. The year-on-year growth in 2023 was 3.56%. Over the last five years, the market has grown at a compound annual growth rate (CAGR) of 1.86%, indicating moderate growth stability.
Looking to the future, key trends to watch for include:
- The impact of technological advancements on product enhancements and efficiency.
- Increasing urbanization and infrastructure development leading to heightened demand.
- Potential regulatory changes affecting market dynamics and investment.
- Sustainability trends and the push for eco-friendly building solutions.
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 474,760,000 | 2023 | +0.89% | +1.31% | View data |
| 2 | 2 France | 435,520,000 | 2023 | +1.5% | +2.27% | View data |
| 3 | 3 United Kingdom | 249,340,000 | 2023 | +1.71% | +0.74% | View data |
| 4 | 4 Finland | 231,920,000 | 2023 | +2.11% | +5.9% | View data |
| 5 | 5 Czech Republic | 174,920,000 | 2023 | +3.62% | +0.38% | View data |
| 6 | 6 Poland | 169,640,000 | 2023 | +2.8% | -3.01% | View data |
| 7 | 7 Denmark | 50,389,000 | 2023 | +5.02% | +4.86% | View data |
| 8 | 8 Romania | 42,779,000 | 2023 | +3.56% | +1.86% | |
| 9 | 9 Lithuania | 30,649,000 | 2023 | +4.47% | +5.25% | View data |
