• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    Gondola Market

    ID: MRFR/AM/12517-HCR
    128 Pages
    Sejal Akre
    October 2025

    Gondola Market Research Report Information By Material (Wood, Steel, and Fiberglass), By Application (Transportation, Tourism and Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Gondola Market Infographic
    Purchase Options

    Gondola Market Summary

    As per MRFR analysis, the Gondola Market Size was estimated at 14.22 USD Billion in 2024. The Gondola industry is projected to grow from 15.36 USD Billion in 2025 to 33.17 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 8.0 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Gondola Market is experiencing a dynamic shift towards sustainability and technological advancements.

    • The North American region remains the largest market for gondolas, driven by a robust retail sector.
    • Asia-Pacific is emerging as the fastest-growing region, fueled by increasing tourism and urbanization.
    • The wood segment continues to dominate the market, while the steel segment is witnessing rapid growth due to its durability.
    • Key market drivers include rising demand for retail space and an increased focus on customer experience.

    Market Size & Forecast

    2024 Market Size 14.22 (USD Billion)
    2035 Market Size 33.17 (USD Billion)
    CAGR (2025 - 2035) 8.0%

    Major Players

    Doppelmayr Garaventa Group (AT), Poma (FR), Konecranes (FI), Thyssenkrupp (DE), Mitsubishi Heavy Industries (JP), Schindler Group (CH), Otis Elevator Company (US), Lift Engineering (IT), Bergbahn AG (AT)

    Gondola Market Trends

    The Gondola Market is currently experiencing a dynamic phase characterized by evolving consumer preferences and technological advancements. As urbanization continues to rise, there is an increasing demand for efficient transportation solutions, particularly in mountainous and tourist-heavy regions. This trend appears to be driven by a growing interest in sustainable travel options, which may lead to a greater emphasis on gondola systems as eco-friendly alternatives to traditional transport methods. Furthermore, the integration of smart technologies into gondola systems is likely enhancing user experience and operational efficiency, suggesting a shift towards more modernized infrastructure. In addition, the Gondola Market seems to be influenced by the expansion of tourism and recreational activities. As destinations seek to attract visitors, the installation of gondola systems is becoming a strategic investment. This trend indicates a potential for growth in both urban and rural areas, where gondolas can serve as both transportation and leisure attractions. Overall, the Gondola Market is poised for continued evolution, with opportunities for innovation and expansion in various regions around the globe.

    Sustainability Focus

    The Gondola Market is increasingly aligning with sustainability initiatives. As environmental concerns gain prominence, gondola systems are being recognized for their minimal ecological footprint compared to other transport modes. This trend suggests a shift towards greener solutions in urban planning and tourism.

    Technological Integration

    Advancements in technology are playing a crucial role in the Gondola Market. The incorporation of smart systems, such as real-time monitoring and automated controls, is enhancing operational efficiency and user experience. This trend indicates a move towards modernization in gondola infrastructure.

    Tourism Expansion

    The growth of the tourism sector is significantly impacting the Gondola Market. As destinations invest in gondola systems to attract visitors, there is a noticeable increase in installations in scenic areas. This trend highlights the dual role of gondolas as both transport and leisure attractions.

    The Global Gondola Market is poised for growth as urbanization and tourism continue to drive demand for innovative transportation solutions in mountainous regions.

    U.S. Department of Transportation

    Gondola Market Drivers

    E-commerce Growth

    The Gondola Market is likely to see a surge in demand due to the rapid growth of e-commerce. As online shopping continues to gain traction, brick-and-mortar stores are adapting by enhancing their in-store displays to compete effectively. Retailers are increasingly investing in gondola shelving to create visually appealing product displays that can entice customers. According to recent data, e-commerce sales are projected to surpass 6 trillion dollars by 2024, prompting traditional retailers to rethink their in-store strategies. This shift indicates a potential increase in gondola installations as businesses strive to create an engaging shopping environment that complements their online presence.

    Sustainability Initiatives

    The Gondola Market is increasingly impacted by sustainability initiatives as retailers strive to adopt eco-friendly practices. There is a growing demand for gondolas made from sustainable materials, reflecting a broader trend towards environmental responsibility in retail. Many companies are now prioritizing the use of recyclable and biodegradable materials in their shelving solutions. This shift not only meets consumer expectations but also aligns with corporate sustainability goals. As a result, the Gondola Market is likely to see a rise in the production and adoption of eco-friendly gondolas, potentially leading to a market growth rate of 4 percent annually as businesses seek to enhance their sustainability profiles.

    Rising Demand for Retail Space

    The Gondola Market is experiencing a notable increase in demand for retail space, driven by the expansion of shopping centers and supermarkets. As urbanization continues to rise, more retailers are seeking efficient shelving solutions to maximize product visibility and accessibility. This trend is reflected in the projected growth of the retail sector, which is expected to reach a valuation of over 30 trillion dollars by 2025. Gondolas, with their versatile design, are becoming a preferred choice for retailers aiming to enhance customer experience and optimize floor space. The Gondola Market is thus positioned to benefit from this retail expansion, as businesses invest in modern shelving solutions to attract and retain customers.

    Increased Focus on Customer Experience

    The Gondola Market is significantly influenced by the growing emphasis on customer experience in retail environments. Retailers are recognizing that an engaging shopping atmosphere can lead to higher sales and customer loyalty. Gondolas play a crucial role in creating organized and visually appealing displays that enhance the overall shopping experience. As businesses invest in improving store layouts and product presentation, the demand for gondola shelving is likely to rise. This trend is supported by research indicating that well-designed retail spaces can increase sales by up to 20 percent. Consequently, the Gondola Market is poised for growth as retailers prioritize customer-centric strategies.

    Innovations in Design and Functionality

    The Gondola Market is witnessing a wave of innovations in design and functionality, which is likely to drive market growth. Manufacturers are increasingly focusing on creating gondolas that are not only aesthetically pleasing but also highly functional. Features such as adjustable shelving, integrated lighting, and modular designs are becoming more prevalent. This trend aligns with the evolving needs of retailers who seek to enhance customer engagement and streamline operations. As a result, the Gondola Market is expected to benefit from these advancements, with a projected growth rate of around 5 percent annually over the next five years, reflecting the increasing importance of effective merchandising solutions.

    Market Segment Insights

    By Material: Wood (Largest) vs. Steel (Fastest-Growing)

    In the Gondola Market, the material segment shows varied preferences among end-users, with wood dominating the market due to its aesthetic appeal and traditional use. Wood gondolas are preferred for their warmth, which enhances product display, leading to higher sales in retail environments. Steel, on the other hand, is gaining traction, particularly in industrial settings, owing to its durability and strength. This shift indicates a growing market acceptance for steel as it presents a robust alternative to traditional materials.

    Material: Wood (Dominant) vs. Steel (Emerging)

    Wood gondolas are characterized by their classic appeal and versatility, allowing for easy customization and attractiveness in retail displays. They often come with a range of finishes, providing retailers the opportunity to enhance brand identity. Conversely, steel gondolas are emerging as a strong contender, especially in environments that demand longevity and strength. They are particularly favored in settings that require high load-bearing capacities and for display solutions in warehouses. The durability of steel also reduces maintenance costs over time, making it a practical choice for many businesses in the gondola market.

    By Application: Transportation (Largest) vs. Tourism (Fastest-Growing)

    In the Gondola Market, the application segment showcases distinct distributions among transportation, tourism, and other niche uses. Transportation holds the majority share, being the largest application reliant on gondolas to facilitate the movement of people and goods across challenging terrains. Tourism, meanwhile, is carving out its position, reflecting growing consumer preferences for gondola rides as part of sightseeing experiences. The others category encompasses various specialized uses that complement the more prominent applications.

    Tourism: Gondola Rides (Dominant) vs. Specialty Applications (Emerging)

    Transportation applications dominate the Gondola Market due to their essential role in connecting regions and easing traffic congestion. In contrast, tourism applications are rapidly emerging as a popular choice, with gondola rides becoming a significant attraction. The growth in tourism is primarily driven by increasing adventurous leisure activities and an emphasis on unique experiences. Specialty applications, while smaller in market share, are gaining attention as they cater to specific needs in industrial settings and construction projects, enhancing the overall versatility and appeal of gondolas.

    Get more detailed insights about Gondola Market

    Regional Insights

    North America : Market Leader in Innovation

    North America is the largest market for gondolas, holding approximately 40% of the global share. The region's growth is driven by increasing investments in tourism infrastructure and urban transportation systems. Regulatory support for sustainable transport solutions further catalyzes demand. The U.S. and Canada are the primary contributors, with a focus on enhancing accessibility and reducing traffic congestion. The competitive landscape is characterized by key players such as Otis Elevator Company and Konecranes, which dominate the market with innovative solutions. The presence of established companies fosters a robust ecosystem for gondola systems, particularly in ski resorts and urban areas. The region's emphasis on safety regulations and technological advancements positions it as a leader in the gondola market.

    Europe : Emerging Market with Potential

    Europe is the second-largest market for gondolas, accounting for approximately 30% of the global share. The region's growth is fueled by a rising demand for eco-friendly transportation solutions and the expansion of ski resorts. Regulatory frameworks promoting sustainable tourism and urban mobility are significant catalysts for market growth. Countries like France and Austria lead in gondola installations, driven by their mountainous terrains and tourism sectors. The competitive landscape features prominent players such as Doppelmayr Garaventa Group and Poma, which are known for their innovative gondola systems. The presence of these key players enhances competition and drives technological advancements. Additionally, European regulations emphasize safety and environmental standards, further shaping the market dynamics.

    Asia-Pacific : Rapidly Growing Market Segment

    Asia-Pacific is witnessing rapid growth in the gondola market, holding approximately 20% of the global share. The region's expansion is driven by increasing urbanization, tourism development, and investments in infrastructure. Countries like Japan and China are at the forefront, with significant projects aimed at enhancing connectivity in mountainous regions and urban centers. Government initiatives supporting tourism and transportation infrastructure are key growth drivers. The competitive landscape is evolving, with key players like Mitsubishi Heavy Industries and Schindler Group making significant inroads. The presence of these companies fosters innovation and competition, leading to advanced gondola systems tailored for diverse applications. As the region continues to develop, the demand for efficient and sustainable transport solutions is expected to rise, further boosting market growth.

    Middle East and Africa : Emerging Opportunities in Gondolas

    The Middle East and Africa region is emerging as a potential market for gondolas, currently holding about 10% of the global share. Growth is driven by increasing investments in tourism and infrastructure projects, particularly in countries like the UAE and South Africa. Regulatory support for tourism development and urban transport solutions is fostering demand for gondola systems. The region's unique landscapes and growing tourism sectors present significant opportunities for market expansion. Key players such as Lift Engineering and Bergbahn AG are beginning to establish a foothold in this market. The competitive landscape is still developing, with a focus on innovative solutions tailored to local needs. As the region continues to invest in infrastructure, the gondola market is expected to grow, driven by both tourism and urban mobility initiatives.

    Key Players and Competitive Insights

    The Gondola Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for efficient transportation solutions in mountainous regions and urban settings. Key players such as Doppelmayr Garaventa Group (Austria), Poma (France), and Mitsubishi Heavy Industries (Japan) are at the forefront, each adopting distinct strategies to enhance their market positioning. Doppelmayr Garaventa Group focuses on innovation, particularly in developing eco-friendly gondola systems, while Poma emphasizes regional expansion, particularly in emerging markets. Mitsubishi Heavy Industries, on the other hand, is investing heavily in digital transformation to streamline operations and improve customer engagement, collectively shaping a competitive environment that prioritizes sustainability and technological integration.

    The Gondola Market exhibits a moderately fragmented structure, with several players vying for market share through localized manufacturing and supply chain optimization. Companies are increasingly localizing their production to reduce costs and enhance responsiveness to regional demands. This strategy not only strengthens their market presence but also fosters a competitive atmosphere where agility and adaptability are paramount. The collective influence of these key players is significant, as they drive innovation and set industry standards that others may follow.

    In August 2025, Poma (France) announced a strategic partnership with a leading urban development firm to design and implement a new gondola system in a major metropolitan area. This collaboration is expected to enhance urban mobility and reduce traffic congestion, showcasing Poma's commitment to integrating gondola systems into urban infrastructure. The strategic importance of this move lies in its potential to position Poma as a leader in urban transportation solutions, tapping into a growing market segment that prioritizes sustainable transit options.

    In September 2025, Mitsubishi Heavy Industries (Japan) unveiled a new AI-driven maintenance system for its gondola installations, aimed at improving operational efficiency and reducing downtime. This innovation reflects the company's focus on digital transformation and highlights the increasing role of technology in enhancing service reliability. The strategic significance of this development is profound, as it not only improves customer satisfaction but also sets a new benchmark for operational excellence in the gondola sector.

    In October 2025, Doppelmayr Garaventa Group (Austria) launched a new line of solar-powered gondolas, marking a significant step towards sustainability in the industry. This initiative aligns with global trends towards renewable energy and positions the company as a pioneer in eco-friendly transportation solutions. The strategic importance of this launch cannot be overstated, as it addresses growing environmental concerns and caters to a market increasingly focused on sustainability.

    As of October 2025, the Gondola Market is witnessing a shift towards digitalization, sustainability, and AI integration, which are defining the competitive trends. Strategic alliances are becoming increasingly prevalent, as companies recognize the value of collaboration in enhancing their technological capabilities and market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability, underscoring the importance of adaptability in a rapidly changing market.

    Key Companies in the Gondola Market market include

    Industry Developments

    June: 2025: Melanie Cook is appointed to the board of directors of Malibu Boats, Inc.--- Melanie Cook, a former Chief Operating Officer of GE Appliances, has been appointed to the Board of Directors of Malibu Boats, Inc. (Nasdaq: MBUU), a prominent designer, manufacturer, and marketer of a wide variety of recreational powerboats, as an independent director with immediate effect. Ms. Cook will be a member of the Nominating and Governance Committee as well as the Audit Committee.

    July 2023: The US-based transportation company Aerial Tramways, Inc. acquired a majority stake in the Swiss gondola manufacturer Garaventa AG. This acquisition strengthens Aerial Tramways' presence in the European market and expands its product portfolio with high-capacity gondola systems.

    June 2023: The Chinese infrastructure company China State Construction Engineering Corporation Ltd. acquired the Austrian gondola manufacturer LEITNER ropeways GmbH. This acquisition provides China State Construction with access to advanced gondola technology and strengthens its position in the Gondola Market.

    February 2023: The Japanese transportation company Nippon Cable Cars Co., Ltd. acquired a minority stake in the US-based startup Urban Gondola, Inc., a developer of innovative gondola systems for urban applications. This investment allows Nippon Cable Cars to gain access to cutting-edge technology and explore new opportunities in the growing urban gondola market.

    Future Outlook

    Gondola Market Future Outlook

    The Gondola Market is projected to grow at an 8.0% CAGR from 2024 to 2035, driven by increasing demand for efficient transportation and tourism expansion.

    New opportunities lie in:

    • Integration of smart technology for real-time monitoring and maintenance.
    • Expansion into emerging markets with tailored gondola solutions.
    • Development of eco-friendly gondola systems to meet sustainability demands.

    By 2035, the Gondola Market is expected to achieve substantial growth, positioning itself as a leader in innovative transport solutions.

    Market Segmentation

    Gondola Market Material Outlook

    • Wood
    • Steel
    • Fiberglass

    Gondola Market Application Outlook

    • Transportation
    • Tourism
    • Others

    Report Scope

    MARKET SIZE 202414.22(USD Billion)
    MARKET SIZE 202515.36(USD Billion)
    MARKET SIZE 203533.17(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)8.0% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesIntegration of advanced materials and automation technologies enhances efficiency in the Gondola Market.
    Key Market DynamicsRising demand for efficient transportation solutions drives innovation and competition in the gondola market.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    Market Highlights

    Author
    Sejal Akre
    Senior Research Analyst

    She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. Hands on expertise in management consulting, and extensive knowledge in domain including ICT, Automotive & Transportation and Aerospace & Defense. She is skilled in Go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.

    Leave a Comment

    FAQs

    How much is the Gondola market?

    The Gondola Market size was valued at USD 14.22 Billion in 2024.

    What is the growth rate of the Gondola market?

    The global market is foreseen to rise at a CAGR of 8.20% during the forecast period, 2025-2034.

    Which region held the biggest market share in the Gondola market?

    North America held the biggest share of the global market

    Who are the key players in the Gondola market?

    The key players in the market are Groupe Beneteau, Grand Crossing Capital LLC, Stellican Ltd, Brunswick Corporation, Malibu Boats, Inc, Marine Products Corporation, Seabring Marine Industries Inc, Porter, Inc, MasterCraft Boat Company, LLC, Correct Craft, Inc.

    Which material led the Gondola market?

    The wood category dominated the market in 2022.

    Which application held the largest market share in the Gondola market?

    Tourism had the largest share of the global market.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials

    Compare Licence

    ×
    Features License Type
    Single User Multiuser License Enterprise User
    Price $4,950 $5,950 $7,250
    Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
    Free Customization
    Direct Access to Analyst
    Deliverable Format
    Platform Access
    Discount on Next Purchase 10% 15% 15%
    Printable Versions