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Forklifts Procurement Research Report | Published: Jul 2015

Helping businesses make better purchasing decisions, faster

Forklifts: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Forklifts procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 12-15
IBISWorld Buyer
Power Score
Profit Benchmark
Profit Benchmark
Price Change 15-18
Price Change
Forklifts - Recent Price Trend

The price of forklifts has been increasing at an estimated average annual rate of 3.1% in the three years to 2015. During the three-year period, the manufacturing and construction markets have been improving dramatically, which has been causing demand for forklifts to rise. Additionally, transportation and warehousing activity have rebounded during the period, boosting the need for forklifts. In... purchase to read more

Forklifts - Total Cost of Ownership

The total cost of ownership for forklifts is moderate. When purchasing a forklift, a buyer has other costs to consider beyond the purchase price that is associated with owning and operating a forklift. For example, due to the physical nature of the tasks the forklift performs, these vehicles require maintenance, which can be quite costly. Buyers must also consider the cost of parts associated... purchase to read more


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of forklifts. A forklift is a small industrial vehicle with a power-operated pronged platform that can be raised and lowered to lift or move materials. Forklifts are a type of industrial truck and include truck-type and hand-type pallet movers, skid jacks, portable stackers, straddle carriers, bomb lifts and loading and engine hoists. Suppliers of forklifts include manufacturers and wholesalers. Buyers of forklifts include construction firms, manufacturers, transportation companies and warehousing companies. This report focuses only on new forklifts (i.e. not rentals) and excludes overhead cranes, conveyors and elevators.

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