The global forklift market was valued at approximately USD 83 to 72 billion in 2024, with projections indicating it will reach between USD 97 billion and USD 155 billion by 2030-2033, according to Grand View Research. The market’s growth is driven by expanding e-commerce, increased demand for warehouse automation, and a surge in global construction activities. Businesses are investing in automated solutions and advanced material handling equipment to improve operational efficiency and meet supply chain demands.
This article was first published in the October 1st 2025 issue of Warehouse & Logistics News, subscribe to the magazine by clicking here.
Hand pallet trucks can be a carbon emission free solution for all sorts of load lifting and transporting applications, say Toyota Material Handling UK. And to further enhance its top selling HPT models’ benefits, Toyota Lifter and Pro Lifters use SSAB Zero™ steel throughout the hand pallet truck production process. The wide range of hand pallet trucks available includes models with lift capacities from 750 to 3000kg.
Hyster has introduced an affordable, new compact pallet stacker. The lithium-ion battery powered Hyster® SC1.2 pallet stacker is designed to provide a cost-effective method for moving everyday loads on open pallets in stock rooms or on general manufacturing sites. The lithium-ion battery is a key feature of the new stacker, which has a lifting capacity up to 1200kg.
Combliift launched the Combi Load Xtender at Ligna 2025, a revolutionary pantograph-style load extender designed to transform how businesses manage truck and container loading, especially in tight, space-restricted environments. Designed specifically for environments where access is limited or dual-side loading is not feasible, the Combi Load Xtender offers a versatile and powerful option for businesses operating in tight logistics zones, congested yards, or facilities with restricted trailer access. It is especially valuable for operations involving rail wagons or loading bays that offer only single-side access.
In the past, for operations that move goods both indoors and outdoors, separate trucks may have been required. Today, an electric forklift such as the Yale ERP2.2-3.5N can flex to both indoor and outdoor tasks. Purchasing just one forklift, rather than two, is a direct cost saving and saves on vehicle storage space, while time is saved by removing the need for operators to switch trucks during the operation.
As demand for warehouse automation increases, the forklift truck market will continue to grow.
George Simpson
Features Editor
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