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Forklifts in Europe Procurement Price, Data and Insights
Forklifts are powered industrial trucks with forks that lift, carry, and stack palletized loads. The market includes counterbalance forklifts, walkie stackers, order pickers, reach trucks, rough-terrain forklifts, and telescopic forklifts, powered by batteries, propane, gasoline, or diesel. Typical buyers include warehousing and distribution companies, manufacturers, retailers, construction firms, and transportation companies.
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What’s included in this market coverage
91¶¶Òù's research coverage on the Forklifts procurement and pricing environment in Europe includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Forklifts market in Europe includes Forklift Stackers, Counterbalance Forklifts, Order Pickers, Reach Trucks, Rough Terrain Forklifts and Telescopic Forklifts. Standard coding in this coverage includes HS-8427-Fork-Lift And Other Works Trucks; Fitted With Lifting Or Handling Equipment, ISIC-2816-Manufacture of lifting and handling equipment, NACE-28.22-Manufacture Of Lifting And Handling Equipment, NAICS-333920-Material handling equipment manufacturing and UNSPSC-24101603-Forklifts.
What common market terminology is included?
Common market terminology included in the Forklifts procurement coverage includes Cushion Tires (Tires made of solid rubber and generally used for indoor forklift applications. Electric forklifts designed for indoor work generally have cushion tires.), Pneumatic Tires (Air-filled or solid rubber tires with deep treads that grip uneven outdoor surfaces, such as gravel and dirt. Internal combustion forklifts used in yards and on construction sites typically have pneumatic tires.), Electric Forklifts (Battery-powered forklifts. Electric forklifts are best for indoor lifting because they produce zero emissions, which is a healthy option for workers in a confined space.), Internal Combustion (IC) Forklifts (Forklifts are powered by engines that run on propane, gasoline, diesel, or compressed natural gas. Propane models can operate indoors with good ventilation, but gasoline and diesel models are mainly used outdoors due to their exhaust emissions.) and Lithium-Ion Battery (A rechargeable forklift battery that charges faster, needs no watering, and lasts about 2,000 to 3,000 charge cycles, compared with about 1,000 to 1,500 for lead-acid batteries. Lithium-ion batteries add about $10,000 to $20,000 to the price of an electric forklift.).
What companies are included as top suppliers?
The top companies covered in the Forklifts procurement report as suppliers are Toyota Industries Corporation, Kion Group Ag, Jungheinrich AG, Mitsubishi Logisnext Co. Ltd. and HYSTER-YALE MATERIALS HANDLING, INC.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Forklifts market in Europe category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per forklift, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Forklifts market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Forklifts procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Forklifts market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Forklifts market. This includes datasets on the market¡¯s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Forklifts?
The 2026 benchmark market price for Forklifts is €24500 per forklift. Prices have increased at a CAGR of 1.415985 from 2023-26.
Who are the top vendors in the Forklifts market?
The top vendors in the Forklifts market include Toyota Industries Corporation, Kion Group Ag, Jungheinrich AG, Mitsubishi Logisnext Co. Ltd. and HYSTER-YALE MATERIALS HANDLING, INC.
What industries supply the Forklifts market?
The top industries supplying the Forklifts market are Iron & Steel Manufacturing in Europe, Metal & Metal Ore Wholesaling in Europe, Battery & Accumulator Manufacturing in Europe, Basic Chemical Manufacturing in Europe, Electronic Component & Board Manufacturing in Europe, Electronic Component & Board Manufacturing in Europe, Construction Materials, Equipment & Supplies Wholesaling in Europe, Mining, Quarrying & Construction Machinery Manufacturing in Europe and Rubber Tyre Manufacturing and Repair in Europe.
What is the supply chain risk for Forklifts?
High upstream material volatility amplifies supply disruption risk for forklift procurement. Supply chain risk is elevated because forklift manufacturers depend heavily on iron and steel producers and industrial machinery wholesalers, both of which continue to face price swings, logistics delays, and geopolitical uncertainty. These vulnerabilities increase lead times and raise the likelihood of order backlogs. Buyers should mitigate exposure by securing guaranteed lead time clauses, diversifying suppliers across different regions, and prioritizing vendors with vertically integrated or well diversified upstream networks that can buffer material shortages.
What factors affect the price of Forklifts?
Higher capacities and taller masts require heavier frames, counterweights, and hydraulics, which increase costs. A new 5,000-pound propane forklift costs about $35,000 to $37,000, while a 10,000-pound model costs about $68,500 to $80,000.
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