Covid-19 Impact on Forklift Truck Market Pegged for Robust Expansion by 2028

The forklift truck market is projected to grow from USD 53.7 billion in 2021 to USD 115.02 billion by 2028 at a CAGR of 11.24% during the forecast period.

Market Drivers
Growing construction industry, accompanied by rapid industrialization,
Highly cost-effective, user-friendly, powerful, and simple to maintain,
A growing number of warehouse establishments in emerging economies.

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