In 2023, Germany led the market with a trailer share of 42.73%, showing a 2.59% growth from the previous year. France, Norway, and Denmark followed with shares of 6.47%, 5.9%, and 5.78%, respectively. Notably, Romania and Latvia showed significant year-on-year growth of 7.34% and 7.24%, indicating strong upward momentum. Conversely, larger markets such as Italy and Spain experienced moderate increases of 3.03% and 3.66%, respectively.
Looking ahead, continued growth is expected from emerging markets like Romania and Latvia, while mature markets like Germany may stabilize. Watch for the impact of new regulations and technological advancements that could shift shares in the European trailer market. Keep an eye on economic shifts and trade policies which could further influence market dynamics in the coming years.
Top countries in Number of Trailers of Any Permissible Gross Weight Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 42.73 | 2023 | +2.21% | +2.59% | View data |
| 2 | 2 France | 6.47 | 2023 | +1.84% | +1.9% | View data |
| 3 | 3 Norway | 5.9 | 2023 | +1.15% | +1% | View data |
| 4 | 4 Denmark | 5.78 | 2023 | +1.96% | +2.41% | View data |
| 5 | 5 Finland | 5.74 | 2023 | +2.39% | +2.68% | View data |
| 6 | 6 Sweden | 5.58 | 2023 | +2.94% | +3.28% | View data |
| 7 | 7 Netherlands | 5.22 | 2023 | +1.3% | +1.3% | View data |
| 8 | 8 Austria | 3.89 | 2023 | +1.46% | +1.14% | View data |
| 9 | 9 Poland | 2.98 | 2023 | +0.28% | +1.62% | View data |
| 10 | 10 Hungary | 2.52 | 2023 | +2.92% | +2.99% | View data |