Global Forklift Truck Market Expected to Reach at a CAGR of 6.9% During 2015-2021
Forklift trucks are experiencing a surge in demand, thanks to the rapid expansion of warehouses across the world. The rapid expansion of the e-commerce industry is also boosting the demand for these trucks significantly. In 2014, the global forklift trucks market stood at US$35.3 bn. Analysts estimate it to rise at a CAGR of 6.90% during the period from 2015 to 2021 and reach US$56 bn by the end of 2021.
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