Between 2018 and 2022, the forklift truck market in the Asian-Pacific region generally increased in value, from a total of around 30 billion U.S. dollars in 2018 to approximately 32.5 billion U.S. dollars in 2022. However, in 2020, there was a slight decrease in total market value, dropping by around two billion U.S. dollars compared to the previous year. By 2032, the market is predicted to increase to over 61 billion U.S. dollars. In general, China made up the majority of the Asian-Pacific market value.
Forklift truck market size in Asia-Pacific region from 2018 to 2022, with forecasts until 2032 (in million U.S. dollars)
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Inkwood Research. (February 6, 2024). Forklift truck market size in Asia-Pacific region from 2018 to 2022, with forecasts until 2032 (in million U.S. dollars) [Graph]. In Statista. Retrieved June 10, 2024, from https://www.statista.com/statistics/1451653/asia-pacific-forklift-truck-market-size/
Inkwood Research. "Forklift truck market size in Asia-Pacific region from 2018 to 2022, with forecasts until 2032 (in million U.S. dollars)." Chart. February 6, 2024. Statista. Accessed June 10, 2024. https://www.statista.com/statistics/1451653/asia-pacific-forklift-truck-market-size/
Inkwood Research. (2024). Forklift truck market size in Asia-Pacific region from 2018 to 2022, with forecasts until 2032 (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 10, 2024. https://www.statista.com/statistics/1451653/asia-pacific-forklift-truck-market-size/
Inkwood Research. "Forklift Truck Market Size in Asia-pacific Region from 2018 to 2022, with Forecasts until 2032 (in Million U.S. Dollars)." Statista, Statista Inc., 6 Feb 2024, https://www.statista.com/statistics/1451653/asia-pacific-forklift-truck-market-size/
Inkwood Research, Forklift truck market size in Asia-Pacific region from 2018 to 2022, with forecasts until 2032 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1451653/asia-pacific-forklift-truck-market-size/ (last visited June 10, 2024)
Forklift truck market size in Asia-Pacific region from 2018 to 2022, with forecasts until 2032 (in million U.S. dollars) [Graph], Inkwood Research, February 6, 2024. [Online]. Available: https://www.statista.com/statistics/1451653/asia-pacific-forklift-truck-market-size/