Market Insights Mobility Commercial Vehicles

Trucks - Poland

Poland

In 2024, the Trucks market in Poland is projected to reach a total of 32.22k vehicles unit sales.
Looking ahead, it is expected to demonstrate an annual growth rate (CAGR 2024-2029) of 1.66%, resulting in a projected market volume of 34.99k vehicles units by 2029.
This indicates the potential for significant growth in the Trucks market.
Furthermore, the production of Trucks market in Poland is forecasted to reach 48.33k vehicles units by 2029, further highlighting the market's potential.
From an international perspective, it is worth noting that in China is expected to dominate the market with sales reaching 1,722.00k vehicles units in 2024.
Poland's truck market is experiencing a surge in demand for electric and hybrid vehicles due to increasing environmental regulations and government incentives.

Market

Region

Region comparison

Currency

Analyst Opinion

The Trucks market in Poland has been experiencing significant growth in recent years, driven by various factors such as customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. Customer preferences in the Trucks market in Poland have been shifting towards more fuel-efficient and environmentally friendly vehicles.

This trend is in line with global market preferences as customers become more conscious of the environmental impact of their vehicles. As a result, there has been an increasing demand for electric and hybrid trucks in Poland. Additionally, customers are also looking for trucks that offer advanced safety features and technological innovations, such as autonomous driving capabilities and connectivity options.

In terms of trends in the market, the Trucks market in Poland has been witnessing a rise in e-commerce and last-mile delivery services. With the growth of online shopping, there has been an increased demand for trucks that can efficiently transport goods from warehouses to customers' doorsteps. This trend has led to a higher demand for smaller trucks and vans that are maneuverable in urban areas and can navigate narrow streets.

Local special circumstances in Poland, such as the country's geographical location and its infrastructure development, have also contributed to the growth of the Trucks market. Poland serves as a key transit hub in Europe, connecting Western and Eastern Europe. This has led to an increased demand for trucks that can transport goods across borders efficiently.

Furthermore, Poland has been investing in the development of its road infrastructure, including the construction of new highways and expressways. This infrastructure development has improved connectivity and accessibility, further driving the demand for trucks. Underlying macroeconomic factors, such as economic growth and industrial development, have played a significant role in the growth of the Trucks market in Poland.

Poland has been experiencing steady economic growth in recent years, which has led to an increase in industrial activities and trade. As industries expand and trade volumes increase, there is a greater need for trucks to transport goods and raw materials. This has resulted in a higher demand for trucks in the country.

In conclusion, the Trucks market in Poland has been growing due to customer preferences for fuel-efficient and technologically advanced vehicles, trends in e-commerce and last-mile delivery services, local special circumstances such as Poland's geographical location and infrastructure development, and underlying macroeconomic factors such as economic growth and industrial development. These factors have contributed to the increasing demand for trucks in Poland.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on unit sales and production of trucks.

Modeling approach:

Market sizes are determined through a combined Top-Down and bottom-up approach, building on specific predefined factors for each market. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global survey). In addition, we use relevant key market indicators and data from country-specific associations, such as consumer spending per capita on transportation and consumer price index for purchase of vehicles. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, linear regression, the S-curve function and exponential trend smoothing methods are applied.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.