New York, Aug. 07, 2023 (GLOBE NEWSWIRE) — The global scissor lift market size is predicted to expand at ~8% CAGR between 2023 and 2035. The market is projected to garner a revenue of USD 6 billion by the end of 2035, up from a revenue of ~USD 3 billion in the year 2022.The growth of the market is attributed to the increasing number of digital buyers and the increase in the number of e-commerce platforms. With the expansion of e-commerce, the number of logistics companies, courier companies, and online transportation marketplaces has increased, which in turn is also expected to increase the demand for scissor lifts in warehouses. The number of online shoppers is expected to reach around 3 billion by 2025. Additionally, the number of Americans shopping online is expected to increase. That number is expected to reach 230.6 million by 2026.
(GlobeNewsWire)