| Product Code: ETC5871535 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Belgium continued to see a steady increase in forklift import shipments, with top exporting countries being Metropolitan France, Germany, UK, Netherlands, and Italy. The market displayed moderate concentration levels with a Herfindahl-Hirschman Index (HHI) remaining stable. The compound annual growth rate (CAGR) from 2020 to 2024 was robust at 12.11%, indicating sustained market expansion. Additionally, the growth rate from 2023 to 2024 stood at 2.77%, highlighting ongoing momentum in forklift imports to Belgium.

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 Belgium Forklift Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Forklift Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Forklift Market - Industry Life Cycle |
3.4 Belgium Forklift Market - Porter's Five Forces |
3.5 Belgium Forklift Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.6 Belgium Forklift Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 Belgium Forklift Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
4 Belgium Forklift Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Technological advancements in forklifts leading to improved efficiency and safety |
4.2.2 Growth in the e-commerce sector driving demand for material handling equipment like forklifts |
4.2.3 Increasing focus on warehouse automation and optimization |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with forklifts |
4.3.2 Lack of skilled forklift operators in the market |
4.3.3 Stringent regulations and safety standards impacting the adoption of forklifts |
5 Belgium Forklift Market Trends |
6 Belgium Forklift Market Segmentations |
6.1 Belgium Forklift Market, By Class |
6.1.1 Overview and Analysis |
6.1.2 Belgium Forklift Market Revenues & Volume, By Class 1, 2021-2031F |
6.1.3 Belgium Forklift Market Revenues & Volume, By 2, 2021-2031F |
6.1.4 Belgium Forklift Market Revenues & Volume, By 3, 2021-2031F |
6.1.5 Belgium Forklift Market Revenues & Volume, By 4/5, 2021-2031F |
6.2 Belgium Forklift Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 Belgium Forklift Market Revenues & Volume, By Electric, 2021-2031F |
6.2.3 Belgium Forklift Market Revenues & Volume, By ICE, 2021-2031F |
6.3 Belgium Forklift Market, By Battery Type |
6.3.1 Overview and Analysis |
6.3.2 Belgium Forklift Market Revenues & Volume, By Li-Ion, 2021-2031F |
6.3.3 Belgium Forklift Market Revenues & Volume, By Lead Acid, 2021-2031F |
7 Belgium Forklift Market Import-Export Trade Statistics |
7.1 Belgium Forklift Market Export to Major Countries |
7.2 Belgium Forklift Market Imports from Major Countries |
8 Belgium Forklift Market Key Performance Indicators |
8.1 Average utilization rate of forklifts in warehouses |
8.2 Percentage of forklift fleet equipped with advanced safety features |
8.3 Average downtime of forklifts due to maintenance |
8.4 Adoption rate of automated forklift technologies |
8.5 Percentage of forklift operators trained in safety procedures and best practices |
9 Belgium Forklift Market - Opportunity Assessment |
9.1 Belgium Forklift Market Opportunity Assessment, By Class, 2021 & 2031F |
9.2 Belgium Forklift Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 Belgium Forklift Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
10 Belgium Forklift Market - Competitive Landscape |
10.1 Belgium Forklift Market Revenue Share, By Companies, 2024 |
10.2 Belgium Forklift Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |