The import of built-in jacking systems for garages to the U.S. saw a steady increase over the years. The forecast data shows increments from $67.264 million in 2024 to $74.473 million by 2028. In 2023, the value stood at $65.5 million, reflecting a continued positive import trend.
Year-on-year growth rates are modest yet consistent, with approximately 2.8% in 2024, 2.8% in 2025, 2.6% in 2026, 2.5% in 2027, and 2.4% in 2028, translating to a CAGR of around 2.6% annually.
Future trends to watch for include technology innovations in garage equipment, potential trade policy changes, and fluctuations in consumer demand for automotive services, which could impact imports.