| Product Code: ETC5083795 | 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 |
In 2024, Belgium continued to see a steady influx of forklift trucks from key European countries including Metropolitan France, Germany, UK, Netherlands, and Italy. The market maintained a moderate concentration level, indicating a competitive landscape. With a notable compound annual growth rate of 12.11% from 2020 to 2024, the industry demonstrated resilience and potential for further expansion. The growth rate of 2.77% in 2024 suggests a consistent upward trajectory, reflecting sustained demand for forklift trucks in Belgium.

The Forklift Trucks market in Belgium is projected to grow at a stable growth rate of 3.24% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Trucks Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Forklift Trucks Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Forklift Trucks Market - Industry Life Cycle |
3.4 Belgium Forklift Trucks Market - Porter's Five Forces |
3.5 Belgium Forklift Trucks Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.6 Belgium Forklift Trucks Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.7 Belgium Forklift Trucks Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Belgium Forklift Trucks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for efficient material handling solutions in warehouses and logistics operations |
4.2.2 Technological advancements in forklift trucks leading to improved productivity and safety |
4.2.3 Increasing focus on sustainability and environmental regulations driving the adoption of electric forklift trucks |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with forklift trucks |
4.3.2 Lack of skilled operators for handling advanced forklift technology |
4.3.3 Economic uncertainty impacting investment decisions in material handling equipment |
5 Belgium Forklift Trucks Market Trends |
6 Belgium Forklift Trucks Market Segmentations |
6.1 Belgium Forklift Trucks Market, By Power Source |
6.1.1 Overview and Analysis |
6.1.2 Belgium Forklift Trucks Market Revenues & Volume, By IC Engine Powered, 2021-2031F |
6.1.3 Belgium Forklift Trucks Market Revenues & Volume, By Electric Powered, 2021-2031F |
6.2 Belgium Forklift Trucks Market, By Class |
6.2.1 Overview and Analysis |
6.2.2 Belgium Forklift Trucks Market Revenues & Volume, By Class 1, 2021-2031F |
6.2.3 Belgium Forklift Trucks Market Revenues & Volume, By Class 2, 2021-2031F |
6.2.4 Belgium Forklift Trucks Market Revenues & Volume, By Class 3, 2021-2031F |
6.2.5 Belgium Forklift Trucks Market Revenues & Volume, By Class 4, 2021-2031F |
6.2.6 Belgium Forklift Trucks Market Revenues & Volume, By Class 5, 2021-2031F |
6.2.7 Belgium Forklift Trucks Market Revenues & Volume, By Others, 2021-2031F |
6.3 Belgium Forklift Trucks Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Belgium Forklift Trucks Market Revenues & Volume, By Retail & Wholesale, 2021-2031F |
6.3.3 Belgium Forklift Trucks Market Revenues & Volume, By Logistics, 2021-2031F |
6.3.4 Belgium Forklift Trucks Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Belgium Forklift Trucks Market Revenues & Volume, By Food Industry, 2021-2031F |
6.3.6 Belgium Forklift Trucks Market Revenues & Volume, By Others, 2021-2031F |
7 Belgium Forklift Trucks Market Import-Export Trade Statistics |
7.1 Belgium Forklift Trucks Market Export to Major Countries |
7.2 Belgium Forklift Trucks Market Imports from Major Countries |
8 Belgium Forklift Trucks Market Key Performance Indicators |
8.1 Average cost of ownership per forklift truck over its lifespan |
8.2 Rate of adoption of electric forklift trucks compared to traditional fuel-powered models |
8.3 Number of forklift operator training programs implemented by companies |
8.4 Percentage of companies incorporating forklift telematics for fleet management |
9 Belgium Forklift Trucks Market - Opportunity Assessment |
9.1 Belgium Forklift Trucks Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.2 Belgium Forklift Trucks Market Opportunity Assessment, By Class, 2021 & 2031F |
9.3 Belgium Forklift Trucks Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Belgium Forklift Trucks Market - Competitive Landscape |
10.1 Belgium Forklift Trucks Market Revenue Share, By Companies, 2024 |
10.2 Belgium Forklift Trucks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |