The United Kingdom’s lift and hoist market is set to experience modest growth over the next decade, with a projected value compound annual growth rate (CAGR) of +0.8% through 2035, according to the latest report from IndexBox. Despite challenges posed by economic uncertainties and evolving industry demands, the sector is expected to maintain steady progress driven by ongoing infrastructure development and modernization efforts. This forecast highlights the cautious yet optimistic outlook for manufacturers, suppliers, and stakeholders within the UK’s lift and hoist industry as they navigate a competitive and transforming market landscape.
United Kingdom Lift and Hoist Market Set for Steady Growth to 2035
The UK lift and hoist industry is projected to experience steady expansion over the next decade, driven by sustained investments in infrastructure and urban development projects. The market’s value is expected to grow at a modest compound annual growth rate (CAGR) of +0.8% through…
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Author : Noah Rodriguez
Publish date : 2025-12-27 00:23:00
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