| Product Code: ETC5083789 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a slight decline in growth rate from 2023 to 2024, Antigua and Barbuda`s forklift truck import market continues to show strong overall growth with a high concentration of imports from top countries like the USA, China, and Italy. The High Herfindahl-Hirschman Index (HHI) indicates a very competitive market landscape. With a notable CAGR of 14.8% from 2020 to 2024, the market is poised for further expansion, offering opportunities for both domestic and international forklift truck manufacturers to tap into this growing demand.

By 2027, the Forklift Trucks market in Antigua and Barbuda is anticipated to reach a growth rate of 3.20%, as part of an increasingly competitive North America region, where United States of America remains at the forefront, supported by Canada, Trinidad and Tobago, Jamaica and Bahamas, driving innovations and market adoption across sectors.

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 Antigua and Barbuda Forklift Trucks Market Overview |
3.1 Antigua and Barbuda Country Macro Economic Indicators |
3.2 Antigua and Barbuda Forklift Trucks Market Revenues & Volume, 2021 & 2031F |
3.3 Antigua and Barbuda Forklift Trucks Market - Industry Life Cycle |
3.4 Antigua and Barbuda Forklift Trucks Market - Porter's Five Forces |
3.5 Antigua and Barbuda Forklift Trucks Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.6 Antigua and Barbuda Forklift Trucks Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.7 Antigua and Barbuda Forklift Trucks Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Antigua and Barbuda Forklift Trucks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure development projects in Antigua and Barbuda |
4.2.2 Increasing industrial activities and warehouses in the region |
4.2.3 Government initiatives to boost manufacturing and logistics sectors |
4.3 Market Restraints |
4.3.1 Limited availability of skilled forklift truck operators in Antigua and Barbuda |
4.3.2 High initial investment and maintenance costs of forklift trucks |
4.3.3 Import restrictions and high duties on machinery and equipment |
5 Antigua and Barbuda Forklift Trucks Market Trends |
6 Antigua and Barbuda Forklift Trucks Market Segmentations |
6.1 Antigua and Barbuda Forklift Trucks Market, By Power Source |
6.1.1 Overview and Analysis |
6.1.2 Antigua and Barbuda Forklift Trucks Market Revenues & Volume, By IC Engine Powered, 2021-2031F |
6.1.3 Antigua and Barbuda Forklift Trucks Market Revenues & Volume, By Electric Powered, 2021-2031F |
6.2 Antigua and Barbuda Forklift Trucks Market, By Class |
6.2.1 Overview and Analysis |
6.2.2 Antigua and Barbuda Forklift Trucks Market Revenues & Volume, By Class 1, 2021-2031F |
6.2.3 Antigua and Barbuda Forklift Trucks Market Revenues & Volume, By Class 2, 2021-2031F |
6.2.4 Antigua and Barbuda Forklift Trucks Market Revenues & Volume, By Class 3, 2021-2031F |
6.2.5 Antigua and Barbuda Forklift Trucks Market Revenues & Volume, By Class 4, 2021-2031F |
6.2.6 Antigua and Barbuda Forklift Trucks Market Revenues & Volume, By Class 5, 2021-2031F |
6.2.7 Antigua and Barbuda Forklift Trucks Market Revenues & Volume, By Others, 2021-2031F |
6.3 Antigua and Barbuda Forklift Trucks Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Antigua and Barbuda Forklift Trucks Market Revenues & Volume, By Retail & Wholesale, 2021-2031F |
6.3.3 Antigua and Barbuda Forklift Trucks Market Revenues & Volume, By Logistics, 2021-2031F |
6.3.4 Antigua and Barbuda Forklift Trucks Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Antigua and Barbuda Forklift Trucks Market Revenues & Volume, By Food Industry, 2021-2031F |
6.3.6 Antigua and Barbuda Forklift Trucks Market Revenues & Volume, By Others, 2021-2031F |
7 Antigua and Barbuda Forklift Trucks Market Import-Export Trade Statistics |
7.1 Antigua and Barbuda Forklift Trucks Market Export to Major Countries |
7.2 Antigua and Barbuda Forklift Trucks Market Imports from Major Countries |
8 Antigua and Barbuda Forklift Trucks Market Key Performance Indicators |
8.1 Average utilization rate of forklift trucks in Antigua and Barbuda |
8.2 Number of forklift truck accidents and safety incidents |
8.3 Average age of forklift truck fleet in the market |
9 Antigua and Barbuda Forklift Trucks Market - Opportunity Assessment |
9.1 Antigua and Barbuda Forklift Trucks Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.2 Antigua and Barbuda Forklift Trucks Market Opportunity Assessment, By Class, 2021 & 2031F |
9.3 Antigua and Barbuda Forklift Trucks Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Antigua and Barbuda Forklift Trucks Market - Competitive Landscape |
10.1 Antigua and Barbuda Forklift Trucks Market Revenue Share, By Companies, 2024 |
10.2 Antigua and Barbuda Forklift Trucks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |