The Parts of Lifting and Handling Equipment market in France has experienced significant fluctuations over the past decade. From 2012 to 2016, the market showed moderate growth with occasional setbacks, particularly in 2016. However, 2017 marked a dramatic increase in market size value, driven by a year-on-year growth of 34.63%. The upward trend continued robustly through 2018 and 2019, with notable annual growth rates of 23.15% and 7.29%, respectively. Although 2020 saw a slight decline, the market rebounded in subsequent years, culminating in a market value of 2005.2 million Euros in 2022. The Compound Annual Growth Rate (CAGR) from 2017 to 2022 averaged at 7.31%, showcasing steady growth.
Key variations over the last two years:
- 2021: 4.36% year-on-year growth.
- 2022: 3.64% year-on-year growth.
In 2023, the market is expected to continue its upward trajectory, reflecting broader economic recovery and increasing demand for lifting and handling equipment parts. Future trends to watch include technological advancements, integration of automation, and increased investment in infrastructure projects, which are likely to drive market growth further.
How does France rank in Parts of Lifting and Handling Equipment Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,060,000,000 | 2023 | +3.44% | -0.48% | View data |
| 2 | 2 France | 2,057,900,000 | 2023 | +3.37% | +3.46% | |
| 3 | 3 Finland | 946,730,000 | 2023 | +3.54% | +2.47% | View data |
| 4 | 4 United Kingdom | 762,910,000 | 2023 | +1.72% | +2.67% | View data |
| 5 | 5 Austria | 533,570,000 | 2023 | +4.77% | +2.93% | View data |
