France Forklift Market Size, Share, and COVID-19 Impact Analysis, By Class (Class 1, Class 2 and Class 3), By Load Capacity (Below 5 Ton, 5-15 Ton, Above 16 Ton), and France Forklift Market Insights, Industry Trend, Forecasts to 2035.

Industry: Information & Technology

RELEASE DATE Jun 2025
REPORT ID SI12856
PAGES 213
REPORT FORMAT PathSoft

France Forklift Market Insights Forecasts to 2035 

  • The France Forklift Market Size was estimated at USD 3,815.7 Million in 2024
  • The Market Size is Expected to Grow at a CAGR of around 11.52% from 2025 to 2035
  • The France Forklift Market Size is Expected to Reach USD 12,663.2 Million by 2035

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According to a research report published by Spherical Insights & Consulting, the France Forklift Market Size is anticipated to reach USD 12,663.2 Million by 2035, growing at a CAGR of 11.52% from 2025 to 2035. This is because the need for environmentally friendly alternatives has increased due to the growing emphasis on sustainability and environmental concerns. This has caused a paradigm shift away from gas-fired or diesel-fired forklifts and toward electric forklifts.

 

Market Overview 

The France forklift market includes the sale, lease, and service of forklift trucks within France. The market includes varieties of forklifts, including thermal front-end trucks, electric front-end trucks, and electric warehouse trucks that lift and move material in various environments, including warehouses, factories, and construction sites. The France forklift market has a trend of moving towards more electric forklifts, in particular, lithium-ion batteries, and many new equipment purchases have long-term rental service agreements. The increasing focus on sustainability and environmental concerns has led to demand for sustainable alternatives, and the shift from gas-fired and diesel forklifts to electric ones. Governments in different countries are implementing different initiatives to have a net-zero economy. In addition, over the next four decades, the demand for construction materials will ramp up in response to housing & infrastructure demand, while the move to renewable energy sources will catalyse cargo trade initiatives, like offshore and onshore wind farm components. Forklifts are made for crowded places, whether it's an airport or seaport, unloading and organizing goods in these valuable transportation centers. 

 

Report Coverage

This research report categorizes the market for the France forklift market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France forklift market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France forklift market. 

 

France Forklift Market Report Coverage

Report CoverageDetails
Base Year:2024
Market Size in 2024:USD 3,815.7 Million
Forecast Period:2025-2035
Forecast Period CAGR 2025-2035 :11.52%
2035 Value Projection:USD 12,663.2 Million
Historical Data for:2020-2023
No. of Pages:213
Tables, Charts & Figures:100
Segments covered:By Class, By Load Capacity
Companies covered:: Clark Material Handing Company, (Clark Equipment Company), Hangcha Forklift, Mitsubishi Logisnext Co., Ltd., Crown Equipment Corporation, Komatsu Ltd., Jungheinrich AG, Doosan Corporation, KION Group AG, Hyster-Yale Materials Handling, Inc. (Hyster-Yale Group, Inc.), and Others
Pitfalls & Challenges:COVID-19 Impact, Challenges, Future, Growth, & Analysis

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Driving Factors

The France forklift market is primarily propelled by several factors, including the expansion of e-commerce and logistics, the transition to electric forklift usage in response to environmental regulations, and the introduction of technological advancements such as automation and smart systems. Additional factors contributing to the growth of the France forklift market include economic stability, industrial investment, and the observation that companies need to optimize productivity.

 

Restraining Factors

The France forklift market has several challenges, such as the high upfront cost of electric forklifts, variable raw material costs, and the need for skilled labor. The market also faces challenges with emissions regulations, competition among manufacturers, and changes in the economy.

 

Market Segmentation

The France forklift market share is classified into class and load capacity.

 

  • The class 3 segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The France forklift market is segmented by class into class 1, class 2, and class 3. Among these, the class 3 segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period. These are hand-controlled forklifts, meaning the operator controls the machine from the front using a tiller.  A handle at the rear of a hand truck is frequently used to steer the vehicle while the driver walks or rides it to its destination. These forklifts can easily move items throughout the warehouse floor without requiring the product to be placed on a high shelf or rack, and these are commonly used for moving items that require low raises.

 

  • The 5-15 ton segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The France forklift market is segmented by load capacity into below 5 ton, 5-15 ton, above 16 ton. Among these, the 5-15 ton segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Pallets, steel, and bricks are just a few of the materials that are frequently handled by forklifts with capacities ranging from 5 to 15 tons.  These can be regarded as extremely effective machinery for short-distance transportation and mechanized loading.  These can be powered by gasoline, liquid propane, or natural gas and are used both indoors and outdoors.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the France forklift market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. 

 

List of Key Companies

  • Clark Material Handing Company, (Clark Equipment Company)
  • Hangcha Forklift
  • Mitsubishi Logisnext Co., Ltd.
  • Crown Equipment Corporation
  • Komatsu Ltd.
  • Jungheinrich AG
  • Doosan Corporation
  • KION Group AG
  • Hyster-Yale Materials Handling, Inc. (Hyster-Yale Group, Inc.)
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting and Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the France Forklift Market based on the below-mentioned segments:

 

France Forklift Market, By Class                                                         

  • Class 1
  • Class 2
  • Class 3

 

France Forklift Market, By Load Capacity                                                              

  • Below 5 Ton
  • 5-15 Ton
  • Above 16 Ton

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