In 2023, the import of pneumatic elevators and conveyors to China was valued at 4.16 thousand units. Forecasted figures indicate a steady growth with values projected to rise from 2024 to 2028. The year-on-year increase between 2024 and 2025 is 2.8%, from 2025 to 2026 is 2.95%, from 2026 to 2027 is 2.65%, and from 2027 to 2028 is 2.58%. The compound annual growth rate (CAGR) from 2024 to 2028 is estimated at 2.7%.
Future trends to watch include technological advancements in automation, a surge in smart industries, and increased demand in automation processes in China. These factors could accelerate the import growth rate beyond current forecasts.
