| Product Code: ETC5083880 | Publication Date: Nov 2023 | Updated Date: Nov 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, the Republic of North Macedonia saw a significant increase in the import of forklift trucks, with top exporting countries including China, Metropolitan France, Germany, Japan, and the UK. Despite moderate concentration indicated by the HHI, the market experienced impressive growth with a CAGR of 21.15% from 2020 to 2024. The growth rate in 2024 alone was an impressive 47.49%, reflecting a strong demand for forklift trucks in the region. This trend suggests a thriving market for forklift trucks in North Macedonia with potential opportunities for further expansion and development in the coming years.

North Macedonia's Forklift Trucks market is anticipated to experience a growing growth rate of 9.28% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Republic of Macedonia Forklift Trucks Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Forklift Trucks Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Forklift Trucks Market - Industry Life Cycle |
3.4 Republic of Macedonia Forklift Trucks Market - Porter's Five Forces |
3.5 Republic of Macedonia Forklift Trucks Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.6 Republic of Macedonia Forklift Trucks Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.7 Republic of Macedonia Forklift Trucks Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Republic of Macedonia Forklift Trucks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing industrialization and manufacturing activities in the Republic of Macedonia |
4.2.2 Increasing adoption of advanced technology and automation in the material handling sector |
4.2.3 Government initiatives to improve infrastructure and logistics in the country |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with forklift trucks |
4.3.2 Lack of skilled labor for operating and maintaining forklift trucks |
4.3.3 Economic volatility and fluctuations affecting the purchasing power of businesses |
5 Republic of Macedonia Forklift Trucks Market Trends |
6 Republic of Macedonia Forklift Trucks Market Segmentations |
6.1 Republic of Macedonia Forklift Trucks Market, By Power Source |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Forklift Trucks Market Revenues & Volume, By IC Engine Powered, 2021-2031F |
6.1.3 Republic of Macedonia Forklift Trucks Market Revenues & Volume, By Electric Powered, 2021-2031F |
6.2 Republic of Macedonia Forklift Trucks Market, By Class |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Forklift Trucks Market Revenues & Volume, By Class 1, 2021-2031F |
6.2.3 Republic of Macedonia Forklift Trucks Market Revenues & Volume, By Class 2, 2021-2031F |
6.2.4 Republic of Macedonia Forklift Trucks Market Revenues & Volume, By Class 3, 2021-2031F |
6.2.5 Republic of Macedonia Forklift Trucks Market Revenues & Volume, By Class 4, 2021-2031F |
6.2.6 Republic of Macedonia Forklift Trucks Market Revenues & Volume, By Class 5, 2021-2031F |
6.2.7 Republic of Macedonia Forklift Trucks Market Revenues & Volume, By Others, 2021-2031F |
6.3 Republic of Macedonia Forklift Trucks Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Forklift Trucks Market Revenues & Volume, By Retail & Wholesale, 2021-2031F |
6.3.3 Republic of Macedonia Forklift Trucks Market Revenues & Volume, By Logistics, 2021-2031F |
6.3.4 Republic of Macedonia Forklift Trucks Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Republic of Macedonia Forklift Trucks Market Revenues & Volume, By Food Industry, 2021-2031F |
6.3.6 Republic of Macedonia Forklift Trucks Market Revenues & Volume, By Others, 2021-2031F |
7 Republic of Macedonia Forklift Trucks Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Forklift Trucks Market Export to Major Countries |
7.2 Republic of Macedonia Forklift Trucks Market Imports from Major Countries |
8 Republic of Macedonia Forklift Trucks Market Key Performance Indicators |
8.1 Average utilization rate of forklift trucks in warehouses and manufacturing facilities |
8.2 Percentage increase in the adoption of electric forklift trucks compared to traditional fuel-powered models |
8.3 Number of new warehouse openings or expansions in the Republic of Macedonia |
8.4 Training hours for forklift operators to ensure efficiency and safety |
8.5 Rate of compliance with environmental regulations for forklift operations |
9 Republic of Macedonia Forklift Trucks Market - Opportunity Assessment |
9.1 Republic of Macedonia Forklift Trucks Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.2 Republic of Macedonia Forklift Trucks Market Opportunity Assessment, By Class, 2021 & 2031F |
9.3 Republic of Macedonia Forklift Trucks Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Republic of Macedonia Forklift Trucks Market - Competitive Landscape |
10.1 Republic of Macedonia Forklift Trucks Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Forklift Trucks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |