(MENAFN- Ameliorate Digital Consultancy) europe logging trailer market 2022 – Summary
Europe Logging Trailer Market Driven by Rising Requirement of Medium & Large Trailers to Improve Economic Feasibility of Transportation: Persistence Market Research
The market for logging trailers in Europe had a value of US$105.9 million in 2021 and is anticipated to grow gradually at a CAGR of 3.7% to reach US$156.7 million by the end of 2032 . Logging trailers are primarily used for the transportation of logs across the European region. The size and type of trailer that is used to transport logs is dependent on the size of the logs and road conditions of the area. Availability of different sizes of logging trailers that have high payload capacity is one of the major factor driving the sales of logging trailers in Europe.
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Persistence Market Research recently published a report on the logging trailer market in Europe. The report provides detailed valuation on key market dynamics, such as the drivers, trends, opportunities, and restraints, along with detailed information about the market structure. This market research report presents exclusive facts and figures about how the trailer market will grow over the forecast period.
The study is relevant for stakeholders as well as manufacturers, distributors, suppliers, and investors, as it can help them understand applicable strategies to grow in the market. Stakeholders, investors, industry experts, researchers, and journalists, as well as business researchers in the European logging trailer market can leverage the information and statistics presented in this research report.
The report includes facts & figures related to the micro as well as macroeconomic factors that are impacting the growth of the market. The study also offers actionable insights based on the future trends in the market. Furthermore, regional players and new entrants in the logging trailer market in Europe can also use the information presented in this report to make business decisions and gain momentum in the market.
Key Players-
Some of the key logging trailer manufacturers included in the report are Felling Trailers, DOLL Fahrzeugbau, MAX Trailer, BMF Production, RABAUD, Vitli KRPAN d.o.o, HITTNER d.o.o, Igland, Oehler Maschinen Fahrzeugbau GmbH, East Manufacturing Company, Fontaine Trailer Company, Premier Trailer Mfg. Inc., Trail King Industries, Palms, FORS MW, Pfanzelt, Trejon, Kesla, Country, and Binderberger .
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Key Takeaways from Market Study
At a CAGR of 3.6%, medium-size logging trailers is estimated to be the fastest-growing segment through 2032. Off-road logging trailers are expected to hold the highest share of 87.5% in terms of value in 2022. By country, Russia is predicted to hold the highest share in the Europe market accounting for 26.6% by 2032. NORDICS also holds a high share for logging trailers in Europe. The region is estimated to account for 22.6% market share in 2022.
“Demand for medium- and large-size logging trailers–as they are cost-efficient–is expected to gain traction in the European market,” says a Persistence Market Research analyst.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Europe Logging Trailer Market Manufacturers
Europe Logging Trailer Market Distributors/Traders/Wholesalers
Europe Logging Trailer Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in Report
Which country is anticipated to hold a prominent market share over the forecast period?
What will be the key driving factors propelling demand for logging trailers in Europe during the forecast period?
How current trends will impact the logging trailer market in Europe?
Who are significant market participants in the logging trailer industry in Europe?
What are the crucial strategies of prominent players to upscale their positions in this landscape?
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