The production in the manufacture of lifting and handling equipment sector in Poland stood at 6.0 billion zloty in 2023. The forecasted data indicates a steady growth in the industry with the production values projected to reach 7.4 billion zloty by 2028. Year-on-year variations show an increase of approximately 4.8% from 2024 to 2025, 4.3% from 2025 to 2026, 4.2% from 2026 to 2027, and 3.9% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 4.3%.
Future trends to watch for:
- Technological advancements in automation and smart lifting solutions.
- Increasing demand from logistics and manufacturing sectors driven by e-commerce expansion.
- Potential impacts of regulatory changes related to safety standards.
- Sustainability initiatives leading to the development of energy-efficient equipment.