| Product Code: ETC5871579 | Publication Date: Nov 2023 | Updated Date: Nov 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, Ireland saw significant import shipments of forklifts, with top exporting countries being the UK, Metropolitan France, Italy, Germany, and Spain. Despite high concentration levels indicated by the HHI, the market continued to expand rapidly with a remarkable CAGR of 33.33% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024 at -2.4%, indicating potential shifts in the market dynamics that importers and stakeholders should monitor closely.

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 Ireland Forklift Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Forklift Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Forklift Market - Industry Life Cycle |
3.4 Ireland Forklift Market - Porter's Five Forces |
3.5 Ireland Forklift Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.6 Ireland Forklift Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 Ireland Forklift Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
4 Ireland Forklift Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry driving demand for forklifts |
4.2.2 Increasing adoption of automation in warehouses and logistics sectors |
4.2.3 Government initiatives promoting industrial growth and infrastructure development |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with forklifts |
4.3.2 Availability of alternative material handling equipment such as pallet jacks and conveyors |
4.3.3 Impact of economic downturns on overall industrial activities |
5 Ireland Forklift Market Trends |
6 Ireland Forklift Market Segmentations |
6.1 Ireland Forklift Market, By Class |
6.1.1 Overview and Analysis |
6.1.2 Ireland Forklift Market Revenues & Volume, By Class 1, 2021-2031F |
6.1.3 Ireland Forklift Market Revenues & Volume, By 2, 2021-2031F |
6.1.4 Ireland Forklift Market Revenues & Volume, By 3, 2021-2031F |
6.1.5 Ireland Forklift Market Revenues & Volume, By 4/5, 2021-2031F |
6.2 Ireland Forklift Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 Ireland Forklift Market Revenues & Volume, By Electric, 2021-2031F |
6.2.3 Ireland Forklift Market Revenues & Volume, By ICE, 2021-2031F |
6.3 Ireland Forklift Market, By Battery Type |
6.3.1 Overview and Analysis |
6.3.2 Ireland Forklift Market Revenues & Volume, By Li-Ion, 2021-2031F |
6.3.3 Ireland Forklift Market Revenues & Volume, By Lead Acid, 2021-2031F |
7 Ireland Forklift Market Import-Export Trade Statistics |
7.1 Ireland Forklift Market Export to Major Countries |
7.2 Ireland Forklift Market Imports from Major Countries |
8 Ireland Forklift Market Key Performance Indicators |
8.1 Average utilization rate of forklifts in warehouses and manufacturing facilities |
8.2 Percentage increase in forklift rentals or leases |
8.3 Number of forklift training and certification programs conducted |
8.4 Adoption rate of electric or eco-friendly forklift models |
8.5 Average lifespan of forklifts in operation |
9 Ireland Forklift Market - Opportunity Assessment |
9.1 Ireland Forklift Market Opportunity Assessment, By Class, 2021 & 2031F |
9.2 Ireland Forklift Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 Ireland Forklift Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
10 Ireland Forklift Market - Competitive Landscape |
10.1 Ireland Forklift Market Revenue Share, By Companies, 2024 |
10.2 Ireland Forklift 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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