Tail Lift Market – Global Industry Analysis and Forecast (2023-2029)


Tail Lift Market was valued US$ 1.02 Bn in 2022 and is expected to reach US$ 2.35 Bn by 2029, at a CAGR of 12.6% during the forecast period.

Tail Lift Market Introduction:

A tail lift, also known as a lifting platform, is the tailboard of a truck that can be lowered to the level of the road surface for easier loading and unloading. The tail lift can be tilted from vertical to horizontal and then lowered or raised horizontally – a movement usually achieved directly or indirectly by hydraulic cylinders. It can be operated either from the loading platform or by means of controls on the side of the truck.

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Tail Lift Market Dynamics:

The growth of the retail industry is a major driving factor for the tail lift market. Rapid urbanization, increasing household incomes, and the rising demand for fast-moving consumer goods have been driving the growth of the retail industry. The increase in the growth of the e-commerce sector and international trade is affecting the growth of the tail lift market positively. Key players are focusing on reducing the operational time of a tail lift to provide more efficient operations and decrease the overall lead time. For instance, in early 2022, Dhollandia N.V., a leading European manufacturer, has launched a new communication device for tail lifts. The “Connected Tail Lift” enables the intelligent operations and management of tail lifts.

However, the high operating cost of tail lifts is the major factor that may restrain the growth of the tail lift market. The growing number of partnerships between and companies and vendors in emerging regions is anticipated to boost the availability of tail lifts in the market

Tail Lift Market Segment Analysis:

The food and transport logistics segment is expected to contribute a significant share of $xx Mn by 2029 to the global tail lift market. Industry giants in the global tail lift market are continuously focusing on developing more efficient and safer tail lifts. The prime area of development is safety in operations and product fall protection. Heavy goods are often handled manually by workers during logistics operations. Health issues and injuries can be caused to workers owing to the prolonged manual handling of heavy loads. There have been many innovations to reduce the effort of workers. Companies such as Ekso Bionics and SuitX offer exoskeletons to enhance material and goods handling. Exoskeleton technologies are also being developed by companies such as General Motors, Hyundai, and Panasonic. During the forecast period, the use of such technologies in warehouses is expected to increase.

The cantilever type holds the leading market share in the global tail lift market and accounts for over 4 in 10 sales of tail lifts in 2022. The high demand for cantilevers among the tail lift owners can be attributed to proliferation in logistics and transportation activities across the globe. Furthermore, global unit sales of cantilever tail lift continue to witness strong growth during the forecast period owing to rising demand for hydraulic cantilever tail lifts for reducing lead time and increasing the productivity of warehouse or inventory in the transportation and logistics industry.

Tail Lift Market

Tail Lift Market Regional Insights:

Europe is likely to witness the maximum demand for tail lifts from 2022 to 2029, followed by the Americas and APAC. Europe is expected to maintain its leading position in the market in the forecast period.

The EMEA region led the market in 2022 with approximately 55% of the market share, followed by the Americas and APAC, respectively. In the APAC region, the number of partnerships between vendors and other companies is increasing. Several companies are entering into partnerships to expand their operations and improve their aftersales service. There has also been an increase in the number of partnerships between vendors, especially in the Americas.

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Tail Lift Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2017 to 2022
Market Size in 2022:
US$ 1.02 Bn.




Forecast Period 2023 to 2029 CAGR:
12.6%
Market Size in 2029:
US$ 2.35 Bn.




 Segments Covered:
by Type
• Column Lifts
• Tuck Away Lifts
• Cantilever Lifts
• Slider Tail-Lift




by Application
• Food and Transport Logistics
• Local Authorities
• Waste Management
• Leasing and Rental Business
• Emergency Services






Tail Lift Market, by Region

• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)

Tail Lift Market Key Players are:

• Cargotec Corporation
• Dhollandia N.V.
• Palfinger Tail Lifts GmbH
• Dautel GmbH
• BärCargolift
• Anteo
• Wastech
• Penny Hydraulics Ltd.
• Maxon lift Corp.
• Palfinger AG
• SörensenHydraulik GmbH.
• Tailifts South Africa
• Leymann Lifts
• Maxon Lift Corp
• Woodbine Manufacturing Company
• Sorensen Hydraulik GmbH
• Behrens Eurolift

Frequently Asked Questions:

1. Which region has the largest share in Global Tail Lift Market?
Ans: Europe region held the highest share in 2022.

2. What is the growth rate of Global Tail Lift Market?
Ans: The Global Tail Lift Market is growing at a CAGR of 12.6% during forecasting period 2023-2029.

3. What is scope of the Global Tail Lift Market report?
Ans: Global Tail Lift Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Tail Lift Market?
Ans: The important key players in the Global Tail Lift Market are – Cargotec Corporation, Dhollandia N.V., Palfinger Tail Lifts GmbH, Dautel GmbH, BärCargolift, Anteo, Wastech, Penny Hydraulics Ltd., Maxon lift Corp., Palfinger AG, SörensenHydraulik GmbH., Tailifts South Africa, Leymann Lifts, Maxon Lift Corp, Woodbine Manufacturing Company, Sorensen Hydraulik GmbH, Behrens Eurolift.

5. What is the study period of this Market?
Ans: The Global Tail Lift Market is studied from 2022 to 2029. 




1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Tail Lift Market Size, by Market Value (US$ Mn)
3.1. Global Market Segmentation
3.2. Global Market Segmentation Share Analysis, 2022
3.2.1. Global
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Tail Lift Market
3.4. Geographical Snapshot of the Tail Lift Market, By Manufacturer share
4. Global Tail Lift Market Overview, 2022-2029
4.1. Market Dynamics
4.1.1. Drivers
4.1.1.1. Global
4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.2. Restraints
4.1.2.1. Global
4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.3. Opportunities
4.1.3.1. Global
4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.4. Challenges
4.1.4.1. Global
4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.5. Industry Trends and Emerging Technologies
4.1.6. Porters Five Forces Analysis
4.1.6.1. Threat of New Entrants
4.1.6.2. Bargaining Power of Buyers/Consumers
4.1.6.3. Bargaining Power of Suppliers
4.1.6.4. Threat of Substitute Products
4.1.6.5. Intensity of Competitive Rivalry
4.1.7. Value Chain Analysis
4.1.8. Technological Roadmap
4.1.9. Regulatory landscape
4.1.10. Impact of the Covid-19 Pandemic on the Global Tail Lift Market
5. Supply Side and Demand Side Indicators
6. Global Tail Lift Market Analysis and Forecast, 2022-2029
6.1. Global Tail Lift Market Size & Y-o-Y Growth Analysis.
7. Global Tail Lift Market Analysis and Forecasts, 2022-2029
7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
7.1.1. Column Lifts
7.1.2. Tuck Away Lifts
7.1.3. Cantilever Lifts
7.1.4. Slider Tail-Lift
7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
7.2.1. Food and Transport Logistics
7.2.2. Local Authorities
7.2.3. Waste Management
7.2.4. Leasing and Rental Business
7.2.5. Emergency Services
8. Global Tail Lift Market Analysis and Forecasts, By Region
8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029
8.1.1. North America
8.1.2. Europe
8.1.3. Asia-Pacific
8.1.4. Middle East & Africa
8.1.5. South America
9. North America Tail Lift Market Analysis and Forecasts, 2022-2029
9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
9.1.1. Column Lifts
9.1.2. Tuck Away Lifts
9.1.3. Cantilever Lifts
9.1.4. Slider Tail-Lift
9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
9.2.1. Food and Transport Logistics
9.2.2. Local Authorities
9.2.3. Waste Management
9.2.4. Leasing and Rental Business
9.2.5. Emergency Services
10. North America Tail Lift Market Analysis and Forecasts, By Country
10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
10.1.1. US
10.1.2. Canada
10.1.3. Mexico
11. U.S. Tail Lift Market Analysis and Forecasts, 2022-2029
11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
12. Canada Tail Lift Market Analysis and Forecasts, 2022-2029
12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
13. Mexico Tail Lift Market Analysis and Forecasts, 2022-2029
13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
14. Europe Tail Lift Market Analysis and Forecasts, 2022-2029
14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
15. Europe Tail Lift Market Analysis and Forecasts, By Country
15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
15.1.1. U.K
15.1.2. France
15.1.3. Germany
15.1.4. Italy
15.1.5. Spain
15.1.6. Sweden
15.1.7. CIS Countries
15.1.8. Rest of Europe
16. U.K. Tail Lift Market Analysis and Forecasts, 2022-2029
16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
17. France Tail Lift Market Analysis and Forecasts, 2022-2029
17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
18. Germany Tail Lift Market Analysis and Forecasts, 2022-2029
18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
19. Italy Tail Lift Market Analysis and Forecasts, 2022-2029
19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
20. Spain Tail Lift Market Analysis and Forecasts, 2022-2029
20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
21. Sweden Tail Lift Market Analysis and Forecasts, 2022-2029
21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
22. CIS Countries Tail Lift Market Analysis and Forecasts, 2022-2029
22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
23. Rest of Europe Tail Lift Market Analysis and Forecasts, 2022-2029
23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
24. Asia Pacific Tail Lift Market Analysis and Forecasts, 2022-2029
24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
25. Asia Pacific Tail Lift Market Analysis and Forecasts, by Country
25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
25.1.1. China
25.1.2. India
25.1.3. Japan
25.1.4. South Korea
25.1.5. Australia
25.1.6. ASEAN
25.1.7. Rest of Asia Pacific
26. China Tail Lift Market Analysis and Forecasts, 2022-2029
26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
27. India Tail Lift Market Analysis and Forecasts, 2022-2029
27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
28. Japan Tail Lift Market Analysis and Forecasts, 2022-2029
28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
29. South Korea Tail Lift Market Analysis and Forecasts, 2022-2029
29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
30. Australia Tail Lift Market Analysis and Forecasts, 2022-2029
30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
31. ASEAN Tail Lift Market Analysis and Forecasts, 2022-2029
31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
32. Rest of Asia Pacific Tail Lift Market Analysis and Forecasts, 2022-2029
32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
33. Middle East Africa Tail Lift Market Analysis and Forecasts, 2022-2029
33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
34. Middle East Africa Tail Lift Market Analysis and Forecasts, by Country
34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
34.1.1. South Africa
34.1.2. GCC Countries
34.1.3. Egypt
34.1.4. Nigeria
34.1.5. Rest of ME&A
35. South Africa Tail Lift Market Analysis and Forecasts, 2022-2029
35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
36. GCC Countries Tail Lift Market Analysis and Forecasts, 2022-2029
36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
37. Egypt Tail Lift Market Analysis and Forecasts, 2022-2029
37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
38. Nigeria Tail Lift Market Analysis and Forecasts, 2022-2029
38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
39. Rest of ME&A Tail Lift Market Analysis and Forecasts, 2022-2029
39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
40. South America Tail Lift Market Analysis and Forecasts, 2022-2029
40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
41. South America Tail Lift Market Analysis and Forecasts, by Country
41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
41.1.1. Brazil
41.1.2. Argentina
41.1.3. Rest of South America
42. Brazil Tail Lift Market Analysis and Forecasts, 2022-2029
42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
43. Argentina Tail Lift Market Analysis and Forecasts, 2022-2029
43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
44. Rest of South America Tail Lift Market Analysis and Forecasts, 2022-2029
44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
45. Competitive Landscape
45.1. Geographic Footprint of Major Players in the Global Tail Lift Market
45.2. Competition Matrix
45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment
45.2.2. New Product Launches and Product Enhancements
45.2.3. Market Consolidation
45.2.3.1. M&A by Regions, Investment and Verticals
45.2.3.2. M&A, Forward Integration and Backward
Integration
45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
45.3. Company Profile: Key Players
45.3.1. Cargotec Corporation
45.3.1.1. Company Overview
45.3.1.2. Financial Overview
45.3.1.3. Geographic Footprint
45.3.1.4. Product Portfolio
45.3.1.5. Business Strategy
45.3.1.6. Recent Developments
45.3.2. Dhollandia N.V.
45.3.3. Palfinger Tail Lifts GmbH
45.3.4. Dautel GmbH
45.3.5. BärCargolift
45.3.6. Anteo
45.3.7. Wastech
45.3.8. Penny Hydraulics Ltd.
45.3.9. Maxon lift Corp.
45.3.10. Palfinger AG
45.3.11. SörensenHydraulik GmbH.
45.3.12. Tailifts South Africa
45.3.13. Leymann Lifts
45.3.14. Maxon Lift Corp
45.3.15. Woodbine Manufacturing Company
45.3.16. Sorensen Hydraulik GmbH
45.3.17. Behrens Eurolift
45.3.18. Other Key Players
46. Primary key Insights
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