| Product Code: ETC027301 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Qatar Forklift Trucks Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 16.13% in 2028, following an initial rate of 1.03%, before easing to 4.98% at the end of the period.

The Qatar forklift trucks market is expected to grow at a CAGR of 4.6% during the forecast period (2025-2031). This growth can be attributed to the increasing number of construction projects in Qatar, which further increases the demand for material handling equipment such as forklifts. Moreover, rapid industrialization and urban development are driving the use of forklifts across Qatar.
The rising number of construction projects that involve building ports, airports and other infrastructure facilities have increased the need for material handling equipment such as forklifts across Qatar. Technological advancements and innovations related to electric and battery-operated Forklift Trucks are driving its adoption by various industries including logistics & warehousing companies due to their low operating cost and zero emissions when compared to traditional diesel/petrol powered machines. It has been observed that numerous manufacturers such as Toyota Material Handling Group (TMHG) have shifted towards developing advanced electrically powered Forklift Trucks over conventional models owing to government regulations on emissions from internal combustion engines (ICE).
High capital investment required for purchasing new Forklift Trucks might create financial constraints for small & medium enterprises or individual buyers who plan on purchasing new equipment instead of leasing them out from rental service providers like Al Futtaim Logistics Solutions LLC or Agility Logistics Company WLL. Additionally, higher maintenance cost incurred by consumers due to frequent replacement parts is estimated to hinder industry growth over next six years.
The Covid-19 pandemic has had a major impact on this market as well. With reduced demand from businesses due to lockdown restrictions and decreased availability of labour for manual lifting tasks in many companies around the world, there has been a dip in demand for forklifts across several countries including Qatar. This is likely to have an adverse effect on sales of these machines over 2025-2031 particularly in industries such as construction and retail trade where manual lifting is still quite common.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Qatar Forklift Trucks Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Forklift Trucks Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Forklift Trucks Market - Industry Life Cycle |
3.4 Qatar Forklift Trucks Market - Porter's Five Forces |
3.5 Qatar Forklift Trucks Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.6 Qatar Forklift Trucks Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.7 Qatar Forklift Trucks Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Qatar Forklift Trucks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Forklift Trucks Market Trends |
6 Qatar Forklift Trucks Market, By Types |
6.1 Qatar Forklift Trucks Market, By Power Source |
6.1.1 Overview and Analysis |
6.1.2 Qatar Forklift Trucks Market Revenues & Volume, By Power Source, 2021-2031F |
6.1.3 Qatar Forklift Trucks Market Revenues & Volume, By IC Engine Powered, 2021-2031F |
6.1.4 Qatar Forklift Trucks Market Revenues & Volume, By Electric Powered, 2021-2031F |
6.2 Qatar Forklift Trucks Market, By Class |
6.2.1 Overview and Analysis |
6.2.2 Qatar Forklift Trucks Market Revenues & Volume, By Class 1, 2021-2031F |
6.2.3 Qatar Forklift Trucks Market Revenues & Volume, By Class 2, 2021-2031F |
6.2.4 Qatar Forklift Trucks Market Revenues & Volume, By Class 3, 2021-2031F |
6.2.5 Qatar Forklift Trucks Market Revenues & Volume, By Class 4, 2021-2031F |
6.2.6 Qatar Forklift Trucks Market Revenues & Volume, By Class 5, 2021-2031F |
6.2.7 Qatar Forklift Trucks Market Revenues & Volume, By Others, 2021-2031F |
6.3 Qatar Forklift Trucks Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Qatar Forklift Trucks Market Revenues & Volume, By Retail & Wholesale, 2021-2031F |
6.3.3 Qatar Forklift Trucks Market Revenues & Volume, By Logistics, 2021-2031F |
6.3.4 Qatar Forklift Trucks Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Qatar Forklift Trucks Market Revenues & Volume, By Food Industry, 2021-2031F |
6.3.6 Qatar Forklift Trucks Market Revenues & Volume, By Others, 2021-2031F |
7 Qatar Forklift Trucks Market Import-Export Trade Statistics |
7.1 Qatar Forklift Trucks Market Export to Major Countries |
7.2 Qatar Forklift Trucks Market Imports from Major Countries |
8 Qatar Forklift Trucks Market Key Performance Indicators |
9 Qatar Forklift Trucks Market - Opportunity Assessment |
9.1 Qatar Forklift Trucks Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.2 Qatar Forklift Trucks Market Opportunity Assessment, By Class, 2021 & 2031F |
9.3 Qatar Forklift Trucks Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Qatar Forklift Trucks Market - Competitive Landscape |
10.1 Qatar Forklift Trucks Market Revenue Share, By Companies, 2024 |
10.2 Qatar Forklift Trucks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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