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Forklifts Procurement Research Report | Published: Apr 2016

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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The Forklifts procurement report contains data and analysis of current and future trends when buying goods and services. IBISWorld’s in-depth procurement research is always presented in a logical and consistent format for easy reference throughout a company. The Forklifts Procurement Research Report contains growth forecasts for a three-year outlook period and supplier profit benchmarks so your company can make the right purchasing decision.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 13-16
IBISWorld Buyer
Power Score
Profit Benchmark
Profit Benchmark
Price Change 16-19
Price Change
Forklifts - Recent Price Trend

The price of forklifts has been increasing at an estimated average annual rate of 2.0% in the three years to 2016. The manufacturing and construction sectors have been growing significantly during the period, which has caused demand for forklifts to rise. Additionally, transportation and warehousing activity has rebounded, boosting the need for forklifts. Suppliers have responded by increasing... 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 pallet movers, forklift stackers, straddle carriers, boom 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 or used forklifts) and excludes overhead cranes, conveyors and elevators. Also, this report does not include self-propelled forklifts, manual forklifts or forklift attachments.

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