The Lifting and Handling Equipment Manufacturing Market in Denmark experienced steady growth from 2012 to 2022. Starting at 559.43 million euros in 2012, the market saw minor fluctuations initially, with a slight dip in 2013, but resumed growth from 2014 onwards. The period between 2015 to 2017 saw significant rises, peaking with an average CAGR of 6.24% in 2017. The market value reached 883.65 million euros in 2022, culminating from consistent increases, particularly notable in 2016 and 2020. Despite a slight slowing in growth rates post-2020, the market showed resilience with continued growth into 2022.
Future trends to watch for include:
- Technological advancements in automation and machinery.
- Increased emphasis on sustainability and eco-friendly manufacturing practices.
- Potential market saturation and competition from emerging markets.
- Economic impacts and trade policies affecting raw material costs and export opportunities.
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 12,422,000,000 | 2023 | +3.89% | +3.17% | View data |
| 2 | 2 France | 7,084,600,000 | 2023 | +2.71% | +3.44% | View data |
| 3 | 3 Italy | 6,967,600,000 | 2023 | +2.59% | +5.01% | View data |
| 4 | 4 Spain | 4,368,500,000 | 2023 | +5.08% | +4.66% | View data |
| 5 | 5 United Kingdom | 3,743,200,000 | 2023 | +1.42% | +2.03% | View data |
| 6 | 6 Finland | 1,708,400,000 | 2023 | +1.36% | +0.32% | View data |
| 7 | 7 Sweden | 1,167,900,000 | 2023 | +2.21% | +4.01% | View data |
| 8 | 8 Denmark | 926,800,000 | 2023 | +3.03% | +3.97% | |
| 9 | 9 Poland | 847,860,000 | 2023 | +3.02% | +0.26% | View data |
| 10 | 10 Czech Republic | 542,500,000 | 2023 | +1.45% | +0.91% | View data |