The fork lift trucks market is witnessing strong growth due to the expansion of the e-commerce, warehouse, and logistics sectors. The global forklift market is estimated to grow from its present value of USD 91.19 billion to USD 141.32 billion by 2032, with a CAGR of 6.5% over the forecast period, according to a report by MarketsandMarkets™. Increased demand for warehouse automation and rising labour costs will drive this growth in the forklift sector. Moreover, the rising demand for sustainable and emission-free material handling equipment will drive the demand for electric forklifts further.
This article was first published in the February 1st 2026 issue of Warehouse & Logistics News, subscribe to the magazine by clicking here.
To mark the production of its 100,000th forklift, Combilift launched its largest-ever worldwide competition, offering the exclusive 100,000th “Golden Prize” multidirectional Combi-CBE. All proceeds raised were donated to UNICEF Ireland’s Children’s Emergency Fund. The campaign generated €56,500 in ticket sales, and at a cheque presentation ceremony, Combilift announced it had topped up the total contribution to an impressive €100,000, underlining the company’s long-standing commitment to corporate social responsibility.
Toyota Material Handling Europe’s next-gen electric counterbalanced forklift, the Toyota Traigo_i, has been awarded the German Design Award 2026 in the category Excellent Product Design – Industry. The Traigo_i is the flagship model in Toyota’s new Traigo48 electric forklift range, engineered specifically with integrated lithium-ion technology. Its design is inspired by the iconic shape of the katana, reflected in the dynamic frame line and accentuated cabin styling.
As the industry shifts toward electrification, automation, and sustainability, Yale Lift Truck Technologies is helping operations stay ahead with new integrated lithium-ion forklift battery and charger solutions. Yale Battery Vision telemetry is a powerful tool included with lift trucks factory-fitted with Yale lithium-ion batteries. This system empowers fleet and service managers with near real-time visibility to battery and truck performance, enabling smarter decisions and proactive maintenance to support operational uptime.
Under the motto ‘The First Name in Forklifts’, industrial truck specialist Clark will be presenting the highlights of its electric counterbalance forklifts at LogiMAT 2026 in Stuttgart (Hall 10, Stand 10B78). The focus will be on the crossover series with the Raider and Renegade models as well as the S-Series Electric. The environmentally friendly electric forklifts offer tailor-made solutions for a wide range of applications and guarantee maximum efficiency and availability in internal logistics processes.
With the expanding e-commerce market set to drive warehousing and logistics, the fork lift trucks market is destined for dynamic growth over the next half decade.
George Simpson
Features Editor
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