Transportation Products & Services · Direct
Monitoring · monthly
Procurement Category Intelligence

Forklift Rental

Overview
Market size
$57.9B
global, USD
CAGR
4.8%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
5
tracked players
Signals
12
1 high severity

Market outlook

2031$73.2B

What changed

Demand by region

North America demand35%
Asia Pacific demand30%
Europe demand20%
Latin America demand8%
Rest of world demand7%
share of global demandtotal 100%

Cost drivers

Equipment Depreciation and Amortization45%
Maintenance, Spare Parts, and Batteries20%
Labor and Technical Services15%
Logistics and Transportation12%
Overhead and Insurance8%
share of delivered cost (analyst estimate)

Supplier watchlist

5 tracked