| Product Code: ETC5083802 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Brunei import shipments of forklift trucks in 2024 continued to see a high level of market concentration, with Ireland, Japan, China, Malaysia, and the United States of America emerging as the top exporting countries. The Herfindahl-Hirschman Index (HHI) indicated a shift from very high concentration in 2023 to high concentration in 2024. The impressive compound annual growth rate (CAGR) of 37.7% from 2020 to 2024 reflects a robust expansion in the market, while the growth rate of 1.4% from 2023 to 2024 suggests a steady incremental increase in import volumes.

The Forklift Trucks market in Brunei Darussalam is projected to grow at a stable growth rate of 1.17% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, 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 Brunei Forklift Trucks Market Overview |
3.1 Brunei Country Macro Economic Indicators |
3.2 Brunei Forklift Trucks Market Revenues & Volume, 2021 & 2031F |
3.3 Brunei Forklift Trucks Market - Industry Life Cycle |
3.4 Brunei Forklift Trucks Market - Porter's Five Forces |
3.5 Brunei Forklift Trucks Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.6 Brunei Forklift Trucks Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.7 Brunei Forklift Trucks Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Brunei Forklift Trucks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Brunei leading to higher demand for forklift trucks. |
4.2.2 Growth in the e-commerce sector driving the need for efficient material handling equipment like forklift trucks. |
4.2.3 Government initiatives to improve infrastructure and logistics capabilities boosting the demand for forklift trucks. |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with forklift trucks. |
4.3.2 Limited availability of skilled operators leading to operational challenges. |
4.3.3 Economic uncertainties impacting the purchasing power of businesses, affecting the demand for forklift trucks. |
5 Brunei Forklift Trucks Market Trends |
6 Brunei Forklift Trucks Market Segmentations |
6.1 Brunei Forklift Trucks Market, By Power Source |
6.1.1 Overview and Analysis |
6.1.2 Brunei Forklift Trucks Market Revenues & Volume, By IC Engine Powered, 2021-2031F |
6.1.3 Brunei Forklift Trucks Market Revenues & Volume, By Electric Powered, 2021-2031F |
6.2 Brunei Forklift Trucks Market, By Class |
6.2.1 Overview and Analysis |
6.2.2 Brunei Forklift Trucks Market Revenues & Volume, By Class 1, 2021-2031F |
6.2.3 Brunei Forklift Trucks Market Revenues & Volume, By Class 2, 2021-2031F |
6.2.4 Brunei Forklift Trucks Market Revenues & Volume, By Class 3, 2021-2031F |
6.2.5 Brunei Forklift Trucks Market Revenues & Volume, By Class 4, 2021-2031F |
6.2.6 Brunei Forklift Trucks Market Revenues & Volume, By Class 5, 2021-2031F |
6.2.7 Brunei Forklift Trucks Market Revenues & Volume, By Others, 2021-2031F |
6.3 Brunei Forklift Trucks Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Brunei Forklift Trucks Market Revenues & Volume, By Retail & Wholesale, 2021-2031F |
6.3.3 Brunei Forklift Trucks Market Revenues & Volume, By Logistics, 2021-2031F |
6.3.4 Brunei Forklift Trucks Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Brunei Forklift Trucks Market Revenues & Volume, By Food Industry, 2021-2031F |
6.3.6 Brunei Forklift Trucks Market Revenues & Volume, By Others, 2021-2031F |
7 Brunei Forklift Trucks Market Import-Export Trade Statistics |
7.1 Brunei Forklift Trucks Market Export to Major Countries |
7.2 Brunei Forklift Trucks Market Imports from Major Countries |
8 Brunei Forklift Trucks Market Key Performance Indicators |
8.1 Average utilization rate of forklift trucks in Brunei. |
8.2 Rate of adoption of advanced forklift technologies in the market. |
8.3 Number of forklift truck rental services in the country. |
9 Brunei Forklift Trucks Market - Opportunity Assessment |
9.1 Brunei Forklift Trucks Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.2 Brunei Forklift Trucks Market Opportunity Assessment, By Class, 2021 & 2031F |
9.3 Brunei Forklift Trucks Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Brunei Forklift Trucks Market - Competitive Landscape |
10.1 Brunei Forklift Trucks Market Revenue Share, By Companies, 2024 |
10.2 Brunei Forklift Trucks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |