The Forklift Truck Global Market Report 2023, provides comprehensive information on the forklift truck market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Forklift Truck Global Market Report 2023, the market size will grow from $56.56 billion in 2022 to $62.16 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of forklift truck market is expected to grow to $89.74 billion in 2027 at a CAGR of 9.6%.

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The forklift truck market is segmented:

1) By Product Type: Counterbalance, Warehouse

2) By Technology: Electric Power, Internal Combustion Engine

3) By Class: Class I, Class II, Class III, Class IV, Class V

4) By End-User: Retail and Wholesale, Logistics, Automotive, Food Industry, Other End Users

Asia-Pacific was the largest region in the forklift truck market in 2022.

The table of contents in TBRC’s forklift truck market report includes:
1. Executive Summary
2. Forklift Truck Market Characteristics
3. Forklift Truck Market Trends And Strategies
4. Forklift Truck Market – Macro Economic Scenario
5. Forklift Truck Market Size And Growth
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26. Africa Forklift Truck Market
27. Forklift Truck Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Forklift Truck Market
29. Forklift Truck Market Future Outlook and Potential Analysis
30. Appendix

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