Van Market Overview: Key Players, Size & CAGR of {4.2%} with USD 155 Billion
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- Location: Cologne
The global van market has witnessed significant growth over recent years. According to the TechSci Research report, the market stood at USD 155 billion in 2022 and is expected to grow at a CAGR of 4.2% from 2024 to 2028. This growth is driven by the rising demand for vans in logistics, e-commerce, and personal use. Additionally, technological advancements such as electric and autonomous vans are reshaping the industry.
The expansion of urbanization, rapid industrialization, and evolving consumer preferences for more spacious and multi-functional vehicles have also contributed to the market’s expansion. As the world moves towards more sustainable transport solutions, vans continue to play a vital role in commercial and personal mobility.
cLiCk tHe bElOw lInK To dOwNlOaD ThE FrEe sAmPlE RePoRt fOr iNsIgHtS.
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