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Industrial Truck Rental Procurement Research Report | Published: Oct 2015

Helping businesses make better purchasing decisions, faster

Industrial Truck Rental: 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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If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Industrial Truck Rental procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Industrial Truck Rental, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 11-14
IBISWorld Buyer
Power Score
Profit Benchmark
Profit Benchmark
Price Change 14-17
Price Change
Industrial Truck Rental - Recent Price Trend

The average price of industrial truck rentals has been rising at an estimated annualized rate of 1.8% from 2012 to 2015 due to rising purchase costs and demand growth from downstream markets. However, price growth has been modest because suppliers compete heavily due to the standardized nature of their services. Additionally, price volatility has been low during the past three years, which has... purchase to read more

Industrial Truck Rental - Total Cost of Ownership

The total cost of ownership for industrial truck rental is low. Renting industrial trucks over purchasing them reduces the total cost of ownership because renters do not incur storage costs for equipment during periods when it is not needed. Furthermore, renters do not have to pay for maintenance and repair costs for the trucks. Rental companies generally do not apply additional fees beyond those... purchase to read more


About This ReportRelated ReportsTable of Contents

This report is intended to assist renters of industrial trucks, which are nonroad-going vehicles used for material handling. Industrial trucks include nonmotorized and motorized equipment, such as carts, dollies, hand trucks, pallet trucks, pushcarts, wheelbarrows, creepers, wagons, tilt trucks, shelf trolleys, power buggies, tuggers, platform trucks and electric tow tractors. Industrial truck rental suppliers include regional firms and national firms. The primary types of renters of industrial trucks are contractors, third-party logistics providers, supermarkets and grocery stores and consumers. For the purpose of this report, buyers are referred to as “renters.” This report does not cover lifting equipment such as stackers and forklifts.

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