Forklift Market Size, Share, Demand, Growth & Forecast 2030
The global Forklift Market Size is estimated to grow from USD 85.2 billion in 2024 to USD 125.4 billion by 2030, with a CAGR of 6.7% over the forecast period.
The global forklift market observes growth due to growth in e-commerce and warehouse sectors, an increase in demand for warehouse automation, and rising labor costs. Moreover, the rising demand for sustainable material handling equipment...
Forklift Market Size, Share, Trends, Analysis & Report 2030
The global forklift market size is projected to grow at a CAGR of 6.7% during the forecast period, from an estimated market size of USD 85.2billion in 2024 to USD 125.4 billion by 2030.
The growing demand for forklifts is driven by several factors, such as the growth in the e-commerce market, the rapid rise in automation in warehouses and manufacturing facilities, and the increase in the number...